Germany Says Brexit Changes Nothing for its Economy

 Finance Minister Wolfgang Schaeuble

Germany’s cabinet has agree to press ahead with plans for a balanced budget over the next four years.

Finance Minister Wolfgang Schaeuble, presenting his budget for next year, said Britain’s vote to leave the EU changes nothing with, for the moment, no negative effects on the German economy, Europe’s largest.

Though he added “We’ll see if that remains the case.”

On his draft budget, Schaeuble told reporters: “I believe it is clear that we will stick to our solid, reliable budget policy, and which contributed to the economic development in our country which is positive despite difficulties in our environment. We have an exceptionally good situation on the labor market with a high employment rate and low unemployment.” 

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Source: euronews.