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This Article is From Oct 05, 2016

Merkel to U.K.: EU Market Access Means Accepting Four Freedoms

Merkel to U.K.: EU Market Access Means Accepting Four Freedoms

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(Bloomberg) -- German Chancellor Angela Merkel said full British access to the European Union's market requires accepting the bloc's freedom of movement and exempting the U.K. would create an “extremely difficult” precedent.

Merkel's first comments since U.K. Prime Minister Theresa May laid out her initial Brexit plans in a speech to her Conservative Party drew applause at a German business conference in Berlin on Wednesday.

“We only say in very general terms that full access to the single market is inextricably linked with acceptance of the four freedoms,” including freedom of movement, Merkel said. Granting exceptions on full access would “throw into question” the entire EU system and “lead to an extremely difficult situation.”

To contact the reporter on this story: Patrick Donahue in Berlin at pdonahue1@bloomberg.net. To contact the editors responsible for this story: Alan Crawford at acrawford6@bloomberg.net, Tony Czuczka

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