Germany’s Finance Minister Wolfgang Schaeuble said  it is essential for the EU27  to stick together in while approaching “Brexit” negotiations with the UK.

Schaeuble also told to press corps in Berlin that he believes Brexit negotiations will be “difficult and complicated”, and  while concluding the negotiations it should be clear to everyone that remaining on the inside the EU has more advantages than being on the outside.

“Now it’s important that we in the EU27 stick together,” Schaeuble said, adding that it would be important to show the other 27 EU countries they should not be tempted to follow Britain out by thinking one could have the benefits of EU membership without meeting its obligations.