Dutch Finance Minister Jeroen Dijsselbloem Says Brexit Will Impact The City

Dutch finance minister Jeroen Dijsselbloem, Speaking on Dutch RTL television, said that British financial institutions’ access to the European Union’s internal market will be impacted after the UK leaves the European Union. Dijsselbloem is also the chair of the council of Eurozone finance ministers. Dijsselbloem added that some financial institutions would also leave the City.

According to Dijsselbloem limited access to the internal market was the “price” of the UK leaving the EU, and that rival financial centres like Amsterdam and Frankfurt would benefit.