BRUSSELS (Reuters) – Germany will continue to push to seal a new partnership agreement with Britain by the end of the year, but the European Union should also prepare for an abrupt split from 2021, Chancellor Angela Merkel said on Wednesday. Britain left the EU in January and is currently in a standstill transition period…
There is only one priority for Germany and the UK right now and that is dealing with COVID-19. The available estimates of the costs of shutdown in the form of lost value-added show that the coronavirus epidemic will cause costs that will probably exceed everything known from economic crises or natural disasters in both countries…
German businesses have already been suffering from the negative effects of Brexit, said Holger Bingmann, head of the foreign trade industry group BGA, pointing out losses to German exporters worth €3.5 billion this year. Prospects of an agreement between the EU and the UK that would prevent a chaotic British exit from the bloc appear increasingly…