The German FinMin, stated that Europe will change once Britain leaves it. At the same time he noted that the European leaders will have to address popular discontent.

“I said it before the referendum that regardless of the British referendum, we cannot simply  continue to operate like we did in the past in Europe” he said during a speech he gave in south Germany.

According to Schauble, the European leaders will have to make their actions understandable to the people. “We must concentrate in Europe, to rectify the fact that even more people in Europe-not only in Germany, not only in Britain, not only in Greece, not only in Denmark and France-don not fully comprehend what we are trying to do”.