Germany is not going to “pay for all” after BrexitPhoto: europeinsight.net

A British exit from the EU would impose an additional financial burden on the largest economy of Europe

17.03.18 195000

In Berlin understand that a British exit from the EU would impose an additional financial burden on Germany, but “pay for all” does not intend.

His position on this issue in an interview with the newspaper Sueddeutsche Zeitung, was expressed by the new Minister of Finance, the Vice-Chancellor Olaf Scholz, reports UKRINFORM.

“Germany knows that as a result of Brexit, she will have to pay more money to the EU budget… But we don’t want and can’t pay for everyone,” he said, adding that a German Minister of Finance, and not European.

Scholz notes: with regard to costs on Europe, the current Grand coalition wants to act differently than the previous government. Still a lot of discussions about projects for European reform began with allegations that Berlin does not want to pay anything, but in the end did it. This contradictory behavior has spurred the skepticism of many citizens in the European Union, says Scholz.

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The Finance Minister has mentioned Greece, which he intends to conduct other than his predecessor Wolfgang schäuble, the policy of encouraging the government in Athens to go through reforms.

“It seems that the Greek government and people have chosen this course,” says Scholz.

It is expected that Athens will complete a credit program in August. Then it will be necessary to make a decision whether to grant evrokreditory new grant country. Scholz proposes to wait and see how events will unfold, reminding that Greece has 320 billion euros in loans to repay debts to the Eurozone countries.

Recall, the Prime Minister Theresa may announced the five principles that will govern the new trade relations with the EU after exit from the block.