November 14, 2018 / 1:25 PM / in 5 months

Germany on Brexit: Splitting single market would be lose-lose situation

FILE PHOTO: German Economy Minister Peter Altmaier arrives for a news conference of German Chancellor Angela Merkel following the Hesse state election in Berlin, Germany, October 29, 2018. REUTERS/Hannibal Hanschke

BERLIN (Reuters) - Splitting an integrated single market - as Britain’s departure from the European Union will do - would necessarily create a lose-lose situation, German Economy Minister Peter Altmaier said on Twitter in response to a Tweet about Brexit.

“We can soften the impact but will never prevent it completely,” Altmaier wrote.

Reporting by Michelle Martin; Editing by Thomas Escritt

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