Schieble: The EU must adopt a tough stance in negotiations with Britain
"We want to keep the British with us, but there are no rights without obligations"
"We want to keep the British with us, but there are no rights without obligations," Seibel told the Osnabruecker Zeitung today.
According to Reuters, German Finance Minister Wolfgang Schieble said in an interview with a German newspaper that the EU will have to take a tough stance in negotiations with Britain to leave the bloc after 40 years as a member.
The main issue in the Brexit talks, he said, is to minimize losses for both sides, but he added that this will be difficult because of the many complex issues involved and the two-year timetable.
The British Prime Minister Theresa May officially informed Brussels on Wednesday about her country's intention to leave the EU. thus activating the process of two-year negotiations on the terms of the "divorce".
According to Seibel, Britain will not maintain its current access to the European single market if it does not accept the regulations related to it.
According to the German Minister of Finance, the goal is not to punish Britain as Brexit will hit not only itself but also all other countries in Europe.
"But of course it is important to keep the rest of the EU united," Seibel said, adding that member states should be prepared for London to try to create a confrontation between them and that is why they should be united in the talks. with the British government.