UK treasury chief accuses EU of paranoia over Brexit

BERLIN — Britain's treasury chief has accused the European Union of "paranoia" over Brexit.

Philip Hammond says the EU should stop threatening to punish Britain for its decision to leave the bloc and instead offer a positive vision for what a post-Brexit relationship might look like.

British officials are trying to put the onus on Brussels in the divorce negotiations and downplay the idea that quitting the EU might end up harming Britain.

Hammond told German weekly Welt am Sonntag in an interview published Saturday that those hoping London might do a U-turn on Brexit should "stop harking on about this illusion."

Hammond also was quoted as saying that a future free trade deal between Britain and the EU has to include services, which make up 80 percent of the U.K. economy.

People also read these

Florida officials go into damage-control mode...

Aug 6, 2016

Worried about Florida's all-important tourism industry, state officials are going into...

Father of Orlando shooter sighted at Hillary...

Aug 10, 2016

Father of Orlando gay nightclub shooter spotted at Hillary Clinton campaign event in central Florida

In setback for Brazil's Rousseff, Senate puts her...

Aug 10, 2016

Brazil's Senate has voted overwhelmingly to put suspended President Dilma Rousseff on trial for...

Police seek armed man accused of taking patient...

Aug 10, 2016

Police are searching for a Pennsylvania man accused of threatening two nurses at gunpoint at a...

Ex-New England mob boss arrested on charge he...

Aug 10, 2016

Former New England Mafia boss Francis "Cadillac Frank" Salemme (sah-LEHM'-ee) has been ordered held...

About Us

The World Insiders brings you exclusive coverage from across the globe in a timely, easy to consume format sourced directly from our regional media partners.

Contact us: sales[at]theworldinsiders.com

Subscribe Now!