Germany's Schaeuble wants 'reasonable' Brexit deal for London

The City of London offers financial services that benefit Europe as a whole and the European Union should recognise that in a "reasonable" Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble said in a newspaper interview. "We don't want to punish the British for their decision," Schaeuble said in a pre-released interview with the Sunday edition of Tagesspiegel. "We want to keep Britain close to us." "London's financial centre serves the whole European economy," he added.