Germany’s Schaeuble Urges Post-Brexit Push to Curb Brussels
- Finance chief criticizes EU Commission in newspaper interview
- Euro area’s rules aren’t the problem, Schaeuble says
This article is for subscribers only.
Finance Minister Wolfgang Schaeuble signaled that Germany wants national governments to set the pace for future cooperation within the European Union, saying they should sidestep the European Commission in Brussels if needed.
Schaeuble’s comments in Sunday media interviews outline the emerging response by Chancellor Angela Merkel’s government to last month’s U.K. referendum to leave the EU. It signals a looming clash with advocates of EU integration such as European Commission President Jean-Claude Juncker and those governments that view German-led budget rigor in the euro area as holding back growth and jobs.