Schaeuble Enters `Brexit' Debate With Show of German Emotion
- `We would cry' if U.K. voted to leave in June referendum
- Single market membership makes `huge difference' to Britain
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German Finance Minister Wolfgang Schaeuble wore his European heart on his sleeve during a visit to London, where he used an appearance at the British Chambers of Commerce annual conference to urge the U.K. to stay in the European Union.
Not only is the EU more competitive with Britain as a member, but the German government sees it as a better outcome, Schaeuble told the audience during a question and answer session on Thursday. It’s “not a good idea” for Britain to leave the 28-nation bloc and, in any case, Germany would be happy if the U.K. decides to stay.