HUGE! Brexit 'Has Already Significantly Damaged German Economy' In Huge Blow For Angela Merkel
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Published at : 09 Jan 2021
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Prime Minister Boris Johnson secured a trade deal with the EU, easing fears on both sides of the English Channel that had been sparked by a possible no deal scenario. But, even with leaders across Europe expressing relief and optimism, Brexit appears to have already impacted the German economy. Professor John Ryan, a Network Research Fellow at CESifo, highlighted this as he examined the decline in Berlin-London trade in the aftermath of the 2016 referendum, in which the UK voted to leave the EU.
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