Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Britain sees link between EU's single market and freedom of movement - Merkel

Published 18/01/2017, 14:24
© Reuters. German Chancellor Merkel delivers a speech at the German-Italian economic conference in Berlin

BERLIN (Reuters) - British Prime Minister Theresa May's speech about her Brexit plans has shown that Britain understands the link between access to the European Single Market and accepting freedom of movement, German Chancellor Angela Merkel said on Wednesday.

"There cannot be any cherry picking by Britain in Brexit negotiations," Merkel said in a speech at an economic conference in Berlin, adding that access to the bloc's single market was ultimately linked to accepting the EU's four freedoms - of movement of goods, capital, people, and services.

© Reuters. German Chancellor Merkel delivers a speech at the German-Italian economic conference in Berlin

Merkel added that Britain's decision to leave the EU was a wake-up call for the other 27 member states and EU leaders must not focus solely on Brexit negotiations in the coming years but also deal with the future of the remaining members.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.