YEREVAN, JUNE 25, ARMENPRESS. Latvian Minister of Finance Dana Reizniece-Ozola says the UK’s withdrawal from the EU can impact the EU budget, therefore it is necessary to review the relations model of Britain and the EU, “Armenpress” reports citing RIA Novosti.

She proposed a new model with the EU within the context of the upcoming changes.

“I think there is going to be a distribution of funds. For instance, there can be a Nigerian model where in order to have an access to the EU market, some money is being invested”, she said.

The Minister said it would be desirable the EU does not seek to find ways to punish the Great Britain, but rather, to keep this country for Europe. Otherwise, it may lead to the EU’s split.

On June 23 a referendum was held over the UK’s EU membership. More than 16,7 million people voted in favor of Brexit.