• 12:40
  • 18.03.2018
Macron makes case for UK to stay in EU

Macron makes case for UK to stay in EU

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French President Emmanuel Macron says he would welcome any move by British Prime Minister Theresa May to stay in the European Union's single market.

But he added a warning - London's prized financial centre could not enjoy the same level of access to the EU under May's current Brexit plan.

At a summit where both leaders hailed the two neighbours' friendship and historic ties and tried to focus on deepening security and defence cooperation, differences over Brexit once again threatened to sour the meeting.
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"The choice is on the British side, not on my side," Macron said.

"They can have no differentiated access to the financial services. If you want access to the single market, including the financial services, be my guest.

"But it means that you need to contribute to the budget and acknowledge European jurisdiction."
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Britain has ruled out pursuing a deal with the EU that would mean it would have to pay into its budget or respect its four freedoms, including free movement of people.

Instead May says she wants a free trade deal covering both goods and services.

But by pressing for the inclusion of the financial services sector, May has lit the fuse on what could become the argument that dominates the so-called second phase of the talks to dismantle more than 40 years of membership of the EU.
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"We recognise that as we're leaving the European Union we will no longer be full members of the single market," May said.

"I believe that is not just in the interests of the United Kingdom but also of the European Union as it goes forward to continue to have a good economic relationship."

The two leaders also played up a new agreement to bolster security at French border controls and for Britain to speed the process of bringing unaccompanied migrant children across the frontier from France.
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