Arab Today, arab today brexit would shut uk out of eu trade zone
Last Updated : GMT 21:02:56
Arab Today, arab today
Arab Today, arab today

Finance 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

Minister Wolfgang Schaeuble
Berlin - Arab Today

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 Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 10:34 2017 Tuesday ,21 February

Brazil graft scandal to mushroom abroad

GMT 11:45 2017 Monday ,20 February

Abu Dhabi Aviation looks forward

GMT 06:28 2017 Saturday ,18 February

Gives priority to security over elections

GMT 22:38 2017 Friday ,17 February

Investment promotion would be Sahar Nasr's main task

GMT 13:17 2017 Wednesday ,15 February

Yemeni accuses militias of challenging oil

GMT 09:12 2017 Saturday ,11 February

Algorithms: the managers of our digital lives
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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