Authorities working to guard against hard Brexit fallout – German…


FILE PHOTO: German Minister of Finance Olaf Scholz delivers a speech during a roundtable with the theme ‘International seminar on digital economy and social development’ at Renmin University in Beijing, China, 17 January 2019. Wu Hong/Pool via REUTERS/File Photo

FRANKFURT (Reuters) – German finance minister Olaf Scholz on Thursday warned Germans to prepare for a hard Brexit, and said that European authorities would aim to minimize the risks of Britain withdrawing from the European Union without a deal.

“We want to ensure that, even in the case of a hard Brexit, there is no danger to the stability of individual institutions or to the financial system as a whole,” Scholz said at a reception.

Reporting by Tom Sims; Editing by Douglas Busvine

Source link

Products You May Like

Articles You May Like

Damage to State at 27.8 Billion AMD Restored in 2018
Jussie Smollett staged Chicago 'hate crime' seeking higher pay: police
Trump says he's inclined to extend China trade deadline and meet Xi…
Trump aides ignored legal warnings in pushing reactor plan:…
Record-setting snowstorm buries parts of Arizona

Leave a Reply

Your email address will not be published. Required fields are marked *