Skip to main content
Monday, November 9, 2026Nov 9

French minister: Eurozone needs more integration post Brexit

France's Finance Minister Michel Sapin gestures during Economic and Financial Affairs Council meeting at the EU Council building in Brussels, Belgium, Tuesday, July 12, 2016. (AP Photo/Darko Vojinovic)
France's Finance Minister Michel Sapin gestures during Economic and Financial Affairs Council meeting at the EU Council building in Brussels, Belgium, Tuesday, July 12, 2016. (AP Photo/Darko Vojinovic) France's Finance Minister Michel Sapin gestures during Economic and Financial Affairs Council meeting at the EU Council building in Brussels, Belgium, Tuesday, July 12, 2016. (AP Photo/Darko Vojinovic)

PARIS (AP) – The British exit from the European Union makes deeper integration between eurozone countries even more necessary than before, French Finance Minister Michel Sapin said Tuesday.

Speaking after talks with U.S. Treasury Secretary Jack Lew in Paris, Sapin said that American finance officials seemed to see things the same way.

Britons voted in favor of a British exit from the EU, or Brexit, on June 23 – against the advice of Prime Minister David Cameron.

“I spoke about it with the treasury secretary,” Sapin told reporters. “A greater integration of the eurozone is something desirable from the point of view of global stability (and) European stability. I think Americans see things the same way. Brexit makes an acceleration of this process necessary.”

Sapin declined to go into detail, saying that was a matter for the French president and his European counterparts.