Germany's Brexit NIGHTMARE: Firms demand EU CAVES IN and ends UK no deal uncertainty

Germany's Brexit NIGHTMARE: Firms demand EU CAVES IN and ends UK no deal uncertainty
The director of the German economic think tank IFO told BBC Radio 4 Today Programme the BDI industry body is wrong to keep a hard line on Brexit to avoid weakening the European Commission's negotiating position. Mr Felbermayr claimed the position failed to consider many businesses in Germany are already "suffering" from the uncertainty around the Brexit impasse and urged them to push the Commission to make concessions to Britain. He said: "They keep to a hard line, they don't want to weaken the Commission's negotiation position."I think that makes sense, but at the same time, if you watch talk shows on TV in Germany, you see members of big businesses and business federations who do urge the Commission to make concessions and find a solution."Everyone knows that both sides would be hit severely by a hard Brexit."Professor Felbermayr added the EU should remove the backstop from the Withdrawal Agreement and keep the UK as a whole into a joint customs union to solve the Irish border issue....

HELP US +1 SUBSCRIBE

Thanks for watching!

Videos can use content-based copyright law contains reasonable use Fair Use (

Germanys,Brexit,NIGHTMARE,Firms,demand,EU,CAVES,IN,and,ends,UK,no,deal,uncertainty,Germanys Brexit,Brexit NIGHTMARE,NIGHTMARE Firms,Germanys Brexit NIGHTMARE Firms demand,brexit,brexit news,