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Don't let City of London 'drift away', Luxembourg warns
By EUobserver
Luxembourg's finance minister, Pierre Gramegna, warned on Monday that the City of London must remain the top global financial centre after Brexit to avoid its financial services drifting to other parts of the world. Some EU countries want to "punish" the UK for Brexit, hoping to get a "bigger slice of the pie" but that would be "a very short-term reason," he told students at the London School of Economics.