Germany's Schäuble says Britain needs EU German Finance Minister Wolfgang Schaeuble said on Tuesday it would be "a catastrophe" for the UK if it left the European Union. British Prime Minister David Cameron lead a failed bid to stop Jean-Claude Juncker becoming European Commission president, which has increased speculation that the UK could leave the union. Referring to press speculation over Juncker's drinking habits, Schaeuble also said Tuesday that he had never witnessed Juncker drunk. IMAGES AND SOUNDBITES