Arab Today, arab today brexit would shut uk out of eu trade zone
Last Updated : GMT 05:05:38
Arab Today, arab today
Arab Today, arab today

Minister Wolfgang Schaeuble:

Brexit would shut UK out of EU trade zone

Arab Today, arab today

Arab Today, arab today Brexit would shut UK out of EU trade zone

"In is in. Out is out," says German Finance Minister Wolfgang Schaeuble in reference to the consequences of a potential Brexit
Berlin - AFP

German Finance Minister Wolfgang Schaeuble on Friday issued a stark warning to Britain that it would face costly barriers to the European Union trade zone if it left the bloc.

The comments by one of Europe's most senior officials is a blow to Brexit supporters, who have argued that Britain could negotiate deals to access the single market similar to those in place for non-members Norway and Switzerland.

"That won't work," the veteran minister told Germany's Der Spiegel weekly, which on Saturday plans to publish a German-English edition at home and in Britain with "Please don't go!" on the cover.

"That would require the country to follow the rules of a club which right now it wants to leave." European Commission president Jean-Claude Juncker last month said that British "deserters will not be welcomed with open arms" by European partners if Britain votes to leave in the June 23 referendum, but Schaeuble's intervention is the most explicit threat so far.

Vote Leave chief executive Matthew Elliott hit back, saying there was "no question about it, Britain will still have access to the single market. 

"It would be perverse of the eurozone to try to create artificial barriers -- and would do far more damage to them than to anyone else," he said.

The EU accounts for 47 percent of British exports and 54 percent of imports, according to latest government figures.

 

- Labour voters left confused -With opinion polls on a knife-edge, senior figures in Britain's opposition Labour party made an impassioned plea to stay in the EU amid fears their failure to get out the left-wing vote may result in a Brexit.

Labour leader Jeremy Corbyn is officially backing the "Remain" campaign but has been keeping a low profile.

Former party leader Ed Miliband acknowledged in a BBC interview: "Some Labour voters don't know where we stand at the moment."

Corbyn has refused to share a platform with Prime Minister David Cameron and there are concerns some Labour voters will abstain or back a Brexit to give the Conservative leader a bloody nose.But Miliband accused the "Leave" campaign, also backed by the anti-immigration UK Independence Party (UKIP) leader Nigel Farage, of "trying to perpetrate a fraud on Labour voters".

"They want to get out of the European Union not to improve workers' rights but to sweep them away," said Miliband, who stepped down after losing last year's general election.

- 'People's revolution' -

The economic turbulence of a Brexit would create "a massive black hole in the public finances, and an unfair Tory government that will make ordinary families pay for it through further cuts and tax rises", Labour deputy party leader Tom Watson told the Daily Mirror tabloid.

A YouGov poll for The Times this week found public opinion evenly split between leaving or staying in the EU, but Labour voters favoured "Remain" by 61 percent to 26 percent, with the remainder either not voting or undecided.

However, Labour voters were also marginally less likely to say they would definitely vote.

The leaders of 10 major trade unions came out in favour of staying in the EU this week, but many workers blame the mass migration caused by the EU's freedom of movement rules for driving down wages.

Two backbench lawmakers, John Mann and Dennis Skinner, on Friday announced that they were backing Brexit as the best way to secure workers' rights.

In an article for The Sun tabloid, Mann said the arrival of hundreds of thousands of EU migrants into Britain each year was "worsening inequality".

He added: "A people's revolution is under way. This is about returning power to the people."

Source :AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brexit would shut uk out of eu trade zone Arab Today, arab today brexit would shut uk out of eu trade zone

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 09:07 2017 Saturday ,11 February

The biggest players today on Wall Street? Algorithms

GMT 08:15 2017 Saturday ,11 February

Tesla chief in public feud with auto workers union

GMT 06:23 2017 Thursday ,09 February

Oil market can cope with higher shale output

GMT 14:10 2017 Friday ,03 February

Reasons of growth rate conflicting numbers

GMT 21:05 2017 Tuesday ,31 January

Drought caused decline in Morocco

GMT 05:24 2017 Saturday ,28 January

South Sudan aims to increase oil output

GMT 04:57 2017 Saturday ,28 January

Lebanon relaunches oil, gas licensing round
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday