EU needs to prepare itself for a lengthy Brexit process

So says Nordea Bank AB CEO Casper von Koskull speaking on YLE TV1

Bloomberg reporting.

• the European Union needs to brace itself for the possibility that it will take up to 5 years before Britain can extract itself from the bloc
• the Brexit process that has rocked the EU is still plagued by "a lot of uncertainties."

"I think this came as a bit of a surprise for the Brits themselves.Now it may well be that this will be a process that lasts three, four or five years."

Because there's still no clear roadmap for how to proceed, "it may be that the Brexit process will not be started until after two years and then it will take many years to finish."

Von Kuskull stating what many are already believing. The process will be a long one and fraught with uncertainty, and that's not going to put any real support under the pound for the foreseeable future.

Brexit - Voting for it is the easy part.