Europe

Hollande: Post-Brexit relationship needs to be well defined

  • German Chancellor Angela Merkel, center, and European Commission President Jean-Claude Juncker,right, listen to French President Francois Hollande, left, during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)

    German Chancellor Angela Merkel, center, and European Commission President Jean-Claude Juncker,right, listen to French President Francois Hollande, left, during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)  (The Associated Press)

  • French President Francois Hollande speaks as German Chancellor Angela Merkel, right listens during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)

    French President Francois Hollande speaks as German Chancellor Angela Merkel, right listens during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)  (The Associated Press)

  • French President Francois Hollande is flanked by ERT Chairman Benoit Potier, left, and German Chancellor Angela Merkel during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)

    French President Francois Hollande is flanked by ERT Chairman Benoit Potier, left, and German Chancellor Angela Merkel during press statements prior to a meeting of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker with representatives of the European Round Table of Industrialists in the chancellery in Berlin, Germany, Wednesday, Sept. 28, 2016. (AP Photo/Michael Sohn)  (The Associated Press)

French President Francois Hollande says the European Union wants to keep working with Britain once it leaves the trade bloc, but only under "very well defined criteria."

Speaking alongside German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker on Wednesday, Hollande said neither the EU nor Britain would benefit from a "vague relationship."

Merkel added that despite the Brexit decision, the remaining EU nations are "determined" to work on economic development within the bloc.

The leaders made their statements in Berlin ahead of a meeting with about 20 CEOs from top European companies.