EU too dependent on Germany - Brexit leaves a big hitter - VPAD FR60 4K
German industry can not save Britain from Brexit hard, warns Merkel.
G automobiles and other big industrial lobbies erman manufacturers will not be able to insist that Britain gets an easy agreement in future negotiations Brexit, German Chancellor Angela Merkel warned.
In a new tougher line against Britain Merkel said at the annual conference of the German industry federations, the BDI, the defense of the principle of free movement and the internal cohesion of the European Union would come forward to defend German exports to the United Kingdom.
If we do not tell full access to the domestic market is linked to freedom of movement, and a movement is spreading in Europe where everyone has everything they want, she told business leaders in Berlin.
Merkel, who has faced down German companies before the EU sanctions against Russia, said German employers must weigh the short-term success of a hard Brexit for sales in the UK against the long-term risk to allow the European Union to disintegrate.
We Angela Merkel us that our interests converge so that the federations of European industry don t apply pressure.
We must make our interests converge so that the federations of European industry don t put pressure on us during interviews with London, she said.
H er position contradicts assurances by the biggest supporters of Brexit including David Davis, the Secretary of State to leave the EU, the German industry lobbying ensure that the UK would not be punished in any divorce negotiation.
In a speech in February M. Davis said that Britain was too valuable market for closed Europe and a few minutes of a vote to leave, the CEO of German car manufacturers would break down the door of Angela Merkel Merkel claiming no obstacle to negotiations with Britain.
David Davis, the Secretary of State for the European Union Exit, talks to the Conservative Party conference in Birmingham this week Bloomberg Credit.
A s it is, after pressing first for a non-punitive case, the BDI German equivalent of the CBI came into line with Merkel cautioned in London this week Brexit a drive with limited access to market was increasingly inevitable.
Some 7 5 percent of German exports are the United Kingdom, a significant figure but not enough to force Germany to compromise on the four freedoms of EU products, services, people and capital as Markus Kerber, the BDI chief.
View Theresa May Article 50 be relied upon by March 2017.
Well 7 5 percent is a big number, but 92 5 percent goes elsewhere So as much as we would enforce our very good relations with British clients, it is extremely important for us not to alienate the other European markets he told the BBC.
T heresa mai promised this week to invoke Article 50 and initiate an EU divorce proceedings by the end of March next year, indicating that it would not compromise on British requests for end the free movement in the EU and restore the primacy of Community law.
Freedoms of movement is for us, for key, in fact, we take a few drawbacks to defend this important freedom Burkhard Balz, German MEP.
B RITISH negotiators hope that despite these tough requirements, the UK can still negotiate an EU-UK trade agreement which will contain preferential access for goods and services the British entering the European Union.
However Burkhard Balz, a German MEP whose role on the Committee on Economic and Monetary Affairs of the European Parliament made it influence the regulation of financial services, yesterday warned against expecting too much.
No one should underestimate the determination of the German Chancellor and the European Parliament to defend the four freedoms of movement freedom is for us, for key, in fact, we take a few drawbacks to defend this important freedom.
Simon Tilford, deputy director at the Center for European Reform, a pro-EU think tank, said the hard line with Britain, despite the size of its market reflects European concerns Brexit represented an existential threat to the EU.
If Britain could leave while retaining the benefits of membership, which would prevent other Eurosceptic countries pushing for similar deals like France and Italy, Germany is desperate to avoid creating a precedent which emboldens Eurosceptic movements in other countries, he said.
Show details Theresa May Map Brexit the Conservative conference.
German industry can not save Britain warns against Merkel hard Brexit, German industry can not.