Skip to content
Subscriber Only
Business
Economics

France's Le Maire Slams Idea of a Positive Brexit Deal for U.K.

  • Finance minister says it must be better to be in the EU
  • Says euro area doesn’t have the tools to face new crisis
Video player cover image
How to Trade the Pound Amid Brexit Uncertainty

French Finance Minister Bruno Le Maire said it would be “suicidal” to grant the U.K. a Brexit deal that seems better than remaining in the European Union, reinforcing the position that saw the bloc’s leaders reject Theresa May’s latest withdrawal proposal.

He said the so-called Chequers plan, proposed by British Prime Minister Theresa May, would have given Britain advantages that are “unacceptable.” He also urged euro-area governments to focus their energies on dealing with the euro’s vulnerabilities.