Brexit: Britain # 39; Biggest Deal | BBC Documentary
Britain wants an agreement after darling Brexit Fat chance Germany will give him one.
Traders BGC, a global brokerage firm in London, react during the session on June 24 after Britain voted to leave the European Union by Russell Boyce Reuters referendum.
The UK would like to have his cake and eat it too with Brexit, removal of parts of the European Union that it doesn t, while avoiding the parts that suit him, however, Germany has little interest to make it easy for the British.
British politicians will try to minimize the economic pain Brexit hitting some sort of agreement with my heart that keeps the U K access to the European single market, but can choose to map the rules.
There have been some conciliatory signals from Germany, the most powerful Member State, which will likely play a key role in the development of any final agreement Sigmar Gabriel, Vice-Chancellor and Minister of Economy of Germany, captured the attitude in Berlin to a referendum in the UK with his tweets Damn, terrible day for Europe German Chancellor Angela Merkel, characteristic, had a dark response calling for cuts in Europe and called for the prosecution close contact with the U K.
Diffuse expressions of sympathy aside, British politicians hoping to get a special agreement with Europe in the wake of Brexit will face strong headwinds concerns short-term primary Merkel is to stop the collapse domino chain in Berlin, the real risk is that after Brexit countries from Sweden to Hungary could call their own referendums output If other countries have begun to take off, Germany fear massive damage to the internal market it is based its exports and the political project that has spent the last 70 years, the construction risk of a domino train also casts uncertainty over the European decision-making on a host of critical issues in Berlin, migration towards a banking union.
To stop this threat, the Chancellor will face in the UK as he dealt with Greece in a stern hand and uncompromising This will allow him to avoid death by a thousand cuts, where every British concession produced similar requests other member states Germany can use negotiations with the United Kingdom to close contagion Wolfgang Schauble, the German finance minister, made clear in an interview earlier this week when he said, is out is out .
In the medium term, German bankers could indeed see Brexit as an opportunity rather than a disaster Frankfurt has been working for the last two decades to modernize and internationalize its financial services sector, however, he continued to play second fiddle to London in actually, a lobbying organization for the financial sector Frankfurt hotline opened today for the London bankers who wish to move across the Channel Hubertus Vath, general manager of the body, was a giddy mood, banner welcome hanged and the gates of Frankfurt are open.
The big banks have studied such a move Morgan Stanley was forced to deny that explores moving 2,000 jobs from London to Dublin and Frankfurt The German banking community, which has long had close ties with the Chancellery, will be a powerful voice to limit over time concessions Brexit could help Germany become a world center for financial services as well as a manufacturing plant.
Ironically, Berlin might earning Brexit politically and economically, it provides German leaders a powerful time to whip the other Member States in line and potentially consolidate the integration into the kernel at the same time, it could further consolidate the position of Germany as an economic power in Europe.
Abraham Newman is Associate Professor of International Politics at Georgetown University.
Britain wants a sweetheart deal after Brexit, Britain wants, darling, much.