The former Ukip MEP, who famously left the party after a colleague allegedly punched him in the face during a dispute, blasted his European counterparts for putting the eurozone at risk, while Brussels chases “a dream of a failed ideology”.
Mr Woolfe, now an independent MEP, gave the passionate speech in Strasbourg, taking aim at Guy Verhofstadt and his “followers” who are bidding to stand in the way of Theresa May from negotiating Britain’s EU divorce.
Mr Verhofstadt, the European Parliament’s chief Brexit negotiator, put the Prime Minister on a potential collision course with Brussels, after he suggested negotiators were determined to fight back against Mrs May’s promise to remove Britain from writ of European judges after Brexit.
Asked whether the UK would remain under the European Court of Justice after 2019, the former Belgian prime minister said: “The starting point from the European side will be yes.”
Steven Woolfe railed against MEPs who are 'punishing' the UK for Brexit
The kamikaze messengers are willing to sacrifice European jobs and prosperity for their failed ideology
Brussels has also claimed Britain may have to cough up more than £500billion as part of a brexit settlement before a trade deal between negotiators can be agreed.
Attacking his European colleagues, Mr Woolfe said: “Today’s annual growth report clearly warns that the eurozone’s recovery is extremely fragile.
“Unemployment is declining modestly and growth rising slowly. But dangerous economic conditions economic conditions are not far away.
"One trillion euros in non-performing bank loans, sky-high national debt, investment is weak, Italian weakness and Greece once again on the verge of collapse.
“The United Kingdom is a vital trading partner – essential to the jobs of millions of Europeans. Therefore, it is a vital importance that those involved in the Brexit negotiations seek an agreement that frees free trade and empowers the Europeans to make growth.
“Not those in this house like Mr Verhofstadt and his followers, who wish to punish the for daring to leave EU or demand Scotland leaves too.
“These are the kamikaze messengers willing to sacrifice European jobs and prosperity on the dream of a failed ideology.”
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Despite the threats, the European Parliament appears to be in tatters over the negotiations, with furious MEPs bemoaning the influence of Jean-Claude Juncker’s hand-picked negotiator Michel Barnier.
Scorned MEPs said Frenchman Mr Barnier has “no mandate” to make a bargain with the UK on their behalf and instead prepared to unveil their own list of demands.
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Influential German politician Manfred Weber warned Europe’s leaders they would be “well advised to listen to” the EU parliament, which has the power to halt any exit deal.
Mr Juncker, president of the European Commission, personally appointed Mr Barnier to lead the delicate negotiations over Britain’s future relation with the bloc.
Speaking in Strasbourg, on Wednesday, Mr Weber said: “Frankly speaking there is a mandate from the European Commission for Michel Barnier, but not a mandate from the European Parliament.
“The only parliament on the continent who will vote in favour or against [the Brexit deal] is the European Parliament and that’s why we define our own rules.”