Merkel – Brexit is ultimately is a loss for everyone


German Chancellor Angela Merkel reacts during her speech at the annual meeting of the German Sparkasse bank (Deutscher Sparkassentag) in Hamburg, Germany May 15, 2019. REUTERS/Fabian Bimmer

BERLIN (Reuters) – German Chancellor Angela Merkel said on Wednesday that Britain’s departure from the European Union would ultimately be a loss for everyone even if some companies had moved some of their business to Europe’s largest economy.

“Germany, as a financial location, is benefiting from that but that doesn’t change the fact that ultimately Britain’s departure is a loss from my perspective,” Merkel told a banking congress in Hamburg.

Reporting by Michelle Martin; Editing by Madeline Chambers

Articles You May Like

Trump will tap ex-Virginia attorney general for U.S. immigration agency: Washington Post
Trump tells Pennsylvania voters that trade war has helped economy
UK employers stick to 2.5% pay deals in April – XpertHR
Exclusive: Chile’s Codelco set for copper output hit as key mine goes underground
IOC recommends boxing keeps its place in Tokyo but not under AIBA

Leave a Reply

Your email address will not be published. Required fields are marked *