Brexit would shut UK out of EU trade zone: Schaeuble

German Finance Minister Wolfgang Schaeuble on Friday issued a stark warning to Britain that it would face costly barriers to the European Union trade zone if it left the bloc. The comments by one of Europe’s most senior officials is a blow to Brexit supporters, who have argued that Britain could negotiate deals to access the single market similar to those in place for non-members Norway and Switzerland. “That won’t work,” the veteran minister told Germany’s Der Spiegel weekly, which on Saturday plans to publish a German-English edition at home and in Britain with “Please don’t go!” on the cover.

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