'It's EXPECTED' German MEP demands finance businesses MOVE to EUROPE from UK after Brexit
A SENIOR German politician has said financial business denominated in euros should move from London to Europe after Britain finally unshackles itself from the European Union.
Manfred Weber MEP once again launched an attack on Brexit Britain by insisting businesses linked to the EU currency should be on “European soil”.
The conservative politician said: “People expect that we do the euro business and all the business which is linked to the euro on European soil.”
Mr Weber, who is the leader of the powerful EPP grouping in the European Parliament, declined to answer specific questions on whether this would involve the moving of clearing of euro-denominated, derivatives which is currently conducted in London.
People expect that we do the euro business and all the business which is linked to the euro on European soil
This is not the first time Mr Weber has issued warning shots over Britain’s decision to unshackle itself from the Brussels bloc.
He recently launched a ferocious tirade on Twitter, warning the interests of “only Europeans count for us” in a trail of apocalyptic post-Brexit warnings after Article 50 was triggered.
And today he revealed the EU’s support for Spain over Gibraltar is effectively a punishment in retaliation for Brexit.
He said Britain’s exit meant the UK was now “alone” and that Brussels did not care about its interests.
During a fiery press conference the conservative chief laid down the gauntlet to London over Brexit, setting out seven key areas on which he says his party will not compromise.
He said: “We will never allow a division of our citizens into first and second class citizens. Citizenship is not a thing that we can play…that they can use in some kind of a power game.”