‘What’? Merkel could see 750,000 jobs cut due to Brexit

‘What’? Merkel could see 750,000 jobs cut due to Brexit

German Chancellor Angela Merkel said there is "no rush" for Britain to initiate Article 50.

It’s a nightmare unfolding for German Chancellor Angela Merkel, as Germans could see jobs cut by the hundreds of thousands if a trade deal is not met with the UK.

As the UK left the EU, some members of the leave party had stated “they export to us more than we do to them”, so in other words, they need us more than we need them. Marc Biese, chief political analyst for the broadsheet Sueddeutsche Zeitung newspaper, urged Germans to think carefully of the economic benefits a trade deal between the UK would be as trade deficit was laid out between the UK and Germany.

The figures show that the country sold 89 billion Euros (£73.5bn) worth of products to customers on our shores, whilst British industries exported just 38 billion euros (£31.4bn) in reply.

Biese had warned the public that it would be a “huge mistake” for European leaders to force Britain to speed up its process of leaving the EU without a proper trade deals in place.

“In Germany there is a very vivid industrial sector that maintains intensive trade deals with the UK.

“These are altogether crucial industries, 750,000 jobs are connected to these. This take ins the entire car industry, we sell an incredible amount of cars to Britain.

“It includes distant engineering, the pharmaceutical industry, IT, the food industries. So very big areas in which a lot of bills is turned over.”

“This is why we can’t, for penurious reasons, give in to rage, be angry, be offended, we just can’t afford to. We need to maintain the dialogue with Britain and what is good for the economy require someday also be good for politics.”

There is so much to be seen on the road ahead after this big decision. Some could say a possible British “boom” has yet to reveal itself. One thing is for certain, Euroscepticism has risen in the nations of the EU in most nationalist parties.

(Via Express)
(Via Express)

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6 Comments on "‘What’? Merkel could see 750,000 jobs cut due to Brexit"

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Jul 1, 2016 2:28 pm

They need our money and they still want to call the shots, unbelievable

Jul 1, 2016 3:38 pm

They need our cash and yet want to call all the shots.

Jul 1, 2016 3:42 pm

When we finally Brexit, the slush fund will end and we will be able to stand up and get our pride back. We cannot have Merkel bossing our country around whilst she is milking the benefits too.

Jul 1, 2016 3:46 pm

Germans are also wanting to get of the EU because of the migrants flooding their country. Before long she will start those ever so important trade talks with Britain. She has no choice, they lose more if they wish to close their doors on Britain.

Jul 1, 2016 3:49 pm

You bet she needs Britain and I guess she will tryevrything possible to hold the Brexit talks down.

Jul 1, 2016 4:17 pm

Her time will be up soon.