Britain must understand that it won’t have advantages over its 27 peers in the European Union once negotiations over its exit from the bloc are concluded, German Finance Minister Wolfgang Schaeuble said in remarks published on Saturday. “There is no free lunch,” Schaeuble told the Funke Media Group, using an English expression. “Britons must know…
Tag: Schaeuble
Schaeuble: EU needs flexible speeds
It is not realistic to take further steps towards European Union integration at this point and after Britain’s vote to leave the bloc its remaining members must be ready to form ‘coalitions of the willing’, German Finance Minister Wolfgang Schaeuble said. “Given the current situation, it is not realistic to think that we can take…
Schaeuble for multilateralism
German Finance Minister Wolfgang Schaeuble said on Thursday it would be possible to develop the euro zone’s European Stability Mechanism (ESM) rescue fund into a European monetary fund soon. FinMin Schäuble at @CarnegieEndow: We need to focus on making economies more resilient — German Embassy (@GermanyinUSA) April 20, 2017 Asked if this would be possible…
Schaeuble fears Brexit “contamination”
German Finance Minister Woflfgang Schaeuble said that the European Union was trying to limit the negative effects of Brexit for Britain but stressed that countries wanting to get the benefits related to the bloc had to make commitments, too. “We need to find a fair path – if Britain still wants to have good access…
Schaeuble for making Brexit a negative example
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…
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