Britain's decision to leave the European Union may have a knock-on effect for the rest of the EU and long-term uncertainty over Brexit poses a threat to the entire region's economy, German Finance Minister Wolfgang Schaeuble said on Wednesday. The EU's leaders held their first meeting without Britain on Wednesday, as they face years of uncertainty while they negotiate the British withdrawal after last week's vote. Asked about the danger of a domino effect, Schaeuble said, "it is certainly not to be dismissed".
Hungarian Prime Minister Viktor Orban said on Wednesday he would fight to make the European Union adopt a tougher migration policy, without which it would face the risk of more countries leaving. Orban has blamed the migration crisis for Britain's vote to leave, a historic decision that has thrown EU politics into turmoil and unleashed a heated debate among member states on how the bloc should move forward. A persistent critic of Brussels, Orban told a news conference that a big majority of Hungarians supported EU membership and no political parties advocated an EU exit now, not even the radical nationalist Jobbik.