The staggering cost of a “BREXIT-FREE OFFER” for France and Germany

0
35


Merkel and Macron face a huge bill if a Brexit deal is not found. Image: Twitter

The staggering cost of a ‘NO DEAL BREXIT’ for Emmanuel Macron and Angela Merkel has been revealed by a new report.

A new report reveals that France and Germany are expected to pay a whopping 11.98 billion euros (£ 10.7 billion) bill unless the European Union can strike a Brexit deal with the Britain.

The bloc’s two largest economies are expected to shoulder the burden of a € 33.6bn (£ 30bn) loss in trade with the UK in a no-deal scenario, according to the new report. German insurance giants Allianz have revealed potential declines in business for automakers, chemicals producers and other manufacturers across the bloc if chief negotiator Michel Barnier refuses to budge in the bickering on a post-Brexit trade deal.

The report urges EU leaders, such as Germany’s Angela Merkel and Frenchman Emmanuel Macron, to agree to a compromise to avoid a loss of 33.6 billion euros (£ 30 billion) in exports of EU to UK due to introduction of commercial tariffs. It looks like Boris Johnson’s delay tactics seem to be working – the UK could indeed win after all. TW


Thank you for taking the time to read this press article “Revealed – The staggering cost of a ‘BREXIT WITHOUT OFFER’ for France and Germany”. For more daily UK news, daily Spanish news and world news, visit the Euro Weekly News homepage.

Euro Weekly News is delighted to continue to be able to bring you a range of news from across Spain in English and Global News live.
Euro Weekly News does not cost you anything other than your Internet connection. Whether it’s bringing you local Spanish news or international news today, we’ve got you covered!

Euro Weekly News, Spain’s first free local and national newspaper, popular newspaper, we are driving more to follow!



LEAVE A REPLY

Please enter your comment!
Please enter your name here