Pierre Gramegna, Luxembourg’s finance minister, has said a Brexit deal with the UK would benefit the EU during a speech in London on Monday. Gramegna (centre) is pictured during an EU finance ministers meeting in Luxembourg on 10 October 2017. Photo: European Council
The City of London should remain Europe’s top financial centre following Brexit or the EU economy will suffer, Luxembourg’s finance minister has said.
According to Reuters, he also said that a fair deal would be an asset for the EU:
“I find that a balanced final agreement with the UK, specifically for financial services, is in the interests of Europe itself.”
Gramegna urged British and European leaders to “dedramatise” the current Brexit negotiations, as a transition agreement and final trade deal were needed as an “urgent matter” for British and European businesses.