Angela Merkel says Britain will be stronger within EU

By: |
Berlin | Updated: Jun 02, 2016 10:17 PM

German Chancellor Angela Merkel today urged Britain to stay in the EU, warning three weeks ahead of its referendum that a 'Brexit' vote would leave the United Kingdom with less clout.

angela merkelGerman Chancellor Angela Merkel today urged Britain to stay in the EU, warning three weeks ahead of its referendum that a ‘Brexit’ vote would leave the United Kingdom with less clout. (Reuters)

German Chancellor Angela Merkel today urged Britain to stay in the EU, warning three weeks ahead of its referendum that a ‘Brexit’ vote would leave the United Kingdom with less clout.

“I have repeatedly said that I personally wish that Great Britain stays part of the European Union,” she told a Berlin press conference.

Citing the example of international trade talks, she pointed to the benefits of being part of the EU bloc and the risks of isolation.

“One nation by itself will never be able to achieve such good results” in trade negotiations, Merkel said.

Outcomes reached as part of the 28-nation bloc “will be qualitatively better for the people of Great Britain… I’m very certain of that”.

Merkel stressed, as she has done before, that the decision whether to stay or leave “is the decision of British citizens”, mindful not to be seen as meddling in the contentious issue.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Exporters seek extension of tax benefits for SEZs, presumptive tax for cross-border e-commerce
2India Inc on gradual recovery path, most sectors intend to ramp up hiring: Report
3Exports dip 17.84 pc in April-November this fiscal: Commerce Secretary Anup Wadhawan