German Finance Minister Schäuble warns of Brexit domino effect



DW – June 10, 2016

German Finance Minister Wolfgang Schäuble has warned of a domino effect of countries leaving the EU, should UK voters decide to quit the bloc. The minister also said that the eurozone was already preparing for a Brexit.

The minister said he could not ignore the possibility that other countries might seek the exit door if Britons vote to leave the 28-member bloc in the June 23 referendum.

“You can’t rule it out,” said Schäuble in an interview with German news magazine Der Spiegel. “How – for example – would the Netherlands, which has traditionally been very closely allied with Britain, react?”