From the article

""Brexit is bad but it won't hurt us as much economically as some fear - it's more of a psychological problem and it's a huge problem politically," Gabriel, the deputy to Chancellor Angela Merkel in Germany's governing coalition, told a news conference.

He added that the world now regarded Europe as an unstable continent.

"If we organise Brexit in the wrong way, then we'll be in deep trouble, so now we need to make sure that we don't allow Britain to keep the nice things, so to speak, related to Europe while taking no responsibility," Gabriel said."