Germany's Gabriel says poorly handled Brexit would see Europe go down the drain

August 28, 2016 4:51 PM

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Germany's Gabriel says poorly handled Brexit would see Europe go down the drain

BERLIN German Economy Minister Sigmar Gabriel said on Sunday that if Britain's exit from the European Union was badly handled and other member countries followed its lead, Europe would go "down the drain".

"Brexit is bad but it won't hurt us as much economically as some fear - it's more of a psychological problem and it's a huge problem politically," Gabriel, the deputy to Chancellor Angela Merkel in Germany's governing coalition, told a news conference.

Also read: E.U. Leaders Talk Tough on ‘Brexit’ and Warn That Time Is Short

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