LONDON (Reuters) - Germany's Finance Minister Olaf Scholz said on Friday Germany was ready for a hard Brexit and the European Union would win financial business from Britain.
He said nobody would have expected that it would be still unclear what sort of Brexit deal there will be just two months before Britain is due to leave the bloc.
"In the end we have to find a solution," Scholz told a Bloomberg event.
"It's obvious there will be a lot of business that moves to the EU," Scholz said of the financial services sector, adding that Germany was prepared for a no-deal Brexit.
"There will be a different landscape."
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.