German Finance Minister Wolfgang Schaeuble said on Friday 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 to the single market, it has to take on the corresponding commitments and if it doesn’t want that, then there will be a separation – that’s a shame for Britain,” Schaeuble told Deutschlandfunk radio station.
DAX Shrugs Off Sharp German, Eurozone Mfg. Data
USD/CAD – Canadian Dollar Ignores Weak US Job Report, Canadian CPI Ahead
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Craig Erlam
Latest posts by Craig Erlam (see all)
- OANDA Market Insights podcast (episode 32) - 09/21/2018
- Sterling Down on May Brexit Warnings - 09/21/2018
- Sterling lower as EU rejects May Brexit proposal - 09/21/2018