• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Foreign Affairs

Brexit hit the German economy prospects

1st April 2019

Brexit hit the German economy prospects Pin It

The Brexit is a huge burden on the German economy and is expected to cost half a percent of economic growth if the British leave the EU without agreement.

This is what Dieter Kempf, the President of German Industrial Union, the umbrella association of an estimated 100,000 companies in the Federal Republic, said in conversation with the Funke Mediengruppe.

One in four companies in Germany doing business with Great Britain will be forced to fire people, Kempf estimates. According to him, the German economy has already suffered considerable damage in the run-up to the Brexit. Since the UK referendum on the Brexit in 2016, German exports to Great Britain have fallen by more than 5%. That is at odds with the growth of exports to other EU countries during that period.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Infineon revises profit forecast…

In Foreign Affairs

Infineon revises profit forecast on weak China sales

View Post

Next Post

British House of Commons finds…

In Domestic Affairs

British House of Commons finds no majority for renewed Brexit plan

View Post

In Money Matters

London Stock Exchange got an approval for Refinitiv acquirement

View Post

In IT, Innovation and Startups

Parler selects Belize-registered, Russian-owned internet security company

View Post

In Domestic Affairs

More than a third UK manufacturers are looking to replace foreign suppliers

View Post

In Foreign Affairs

Euro area exports reach almost a pre-coronacrisis level

View Post

Newsletter

Latest News

View

Government allocates £23 million for compensations to fishermen

20th January 2021

View

Burberry turnover decreased 9 percent in Q4

20th January 2021

View

Parler selects Belize-registered, Russian-owned internet security company

19th January 2021

next big trouble

View

Eventually, vaccination campaign will go 24 hours a day

18th January 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]