This file photo taken on August 31, 2016 shows France's former Minister of the Economy Emmanuel Macron during a hand over ceremony following his resignation as economy minister. / AFP / PHILIPPE LOPEZ
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French politician Emmanuel Macron has said Britain's financial firms should only retain "passporting" rights to do business in Europe after Brexit if London keeps contributing to the European Union budget, according to the Guardian newspaper.Macron, who resigned as France's economy minister on Aug. 30 and is widely expected to run for the presidency next year, also suggested that London should not be able to continue to dominate euro-denominated clearing, the British newspaper reported.Britain's finance minister Philip Hammond has said other EU countries would be making a "huge mistake" if they tried to break up London's dominance as a global financial center after Brexit.A 38-year-old former investment banker, Macron is one of France's most popular politicians.
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