EU has extra urgent priorities than Brexit – French finance minister

PARIS (Reuters) – The European Union has extra urgent priorities than Britain’s future relationship with the bloc, beginning with its personal future, French Finance Minister Bruno Le Maire stated.

FILE PHOTO: French Economy Minister Bruno Le Maire delivers a speech throughout the official inauguration of the CMA CGM Antoine de Saint Exupery container ship in Le Havre, France September 6, 2018. REUTERS/Benoit Tessier

EU leaders final week rejected British Prime Minister Theresa May’s proposals for post-Brexit commerce, standing agency on their place that the plan would undermine their cherished single market.

“The British made their choice, that’s fine. Excuse me to say so brutally, but there are more important things for us than the future of the United Kingdom. It’s the future of the European Union,” Le Maire instructed a small group of overseas journalists on Tuesday.

“Any decision that gives European citizens the impression that you can leave the European Union and keep all the advantages would be suicidal,” he added.

He stated the precedence was to strengthen the euro zone, notably by finishing plans for a backstop for its financial institution decision fund and making a shared funds, in order that it may deal with a brand new monetary or financial disaster.

Paris is reluctant to let Britain’s EU divorce talks drag on and President Emmanuel Macron stated final week that he anticipated Britain to place ahead new proposals subsequent month.

May has insisted she is sticking along with her “Chequers” plan, regardless of fierce opposition from some in her get together. She has complained that the EU had not given her detailed causes for its rebuff.

Macron’s cupboard is holding conferences each two weeks to make sure sensible preparations are in place ought to Britain go away the EU with out a post-Brexit settlement in place.

Le Maire stated way more was at stake for Britain as all estimates indicated Brexit would have solely a restricted influence on French financial progress.

Reporting by Leigh Thomas

Our Standards:The Thomson Reuters Trust Principles.

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