Britain will lose out from exiting single market: Merkel

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German Chancellor Angela Merkel said Britain would become a competitor after Bre...

German Chancellor Angela Merkel arrives for the second day of the European Union leaders summit dominated by Brexit, in Brussels, Belgium October 18, 2019. Olivier Matthys/Pool via REUTERS

BRUSSELS - German Chancellor Angela Merkel said Britain would become a competitor after Brexit and that its exit from the European Union would see it losing out. Merkel told a news conference that she felt the competition would be strongest in areas such as research, tax policy and digitalization, rather than foreign policy. She warned that Britain’s departure from the EU single market would come at a cost.

“Great Britain will of course lose out somewhat. Easy access to the internal market, being part of the internal market, is a tremendous advantage,” Merkel told reporters. “Whether the economic chains will remain so deeply integrated in the future will depend on how our trade agreement looks... and how similar our standards are,” she continued.

 

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True.

Cost Germany more when we leave the EU empire

And rest of Europe that sold their shit to UK? Germany is not doing to great there Merkel.

'Britain will lose out from exiting single market: Merkel' Yes, that may well be if it was solely left up to the EU & Brussels, fortunately the UK has a VERY long history of standing up on its own, against adversaries & making the best of any situation. My money's on the UK.!

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