German companies are scaling back investment in Britain, as the country approaches its June 23 referendum about staying in, or exiting, the EU.
Although European economies have experienced a steady upswing in recent years, not enough has been done to prepare for a rainy day, the IMF has said in a fresh outlook. It cited a number of risks to be aware of.
Brexit hasn't even happened and already Brussels is dividing up the post-divorce spoils. Meanwhile, hypocrisy remains rampant in British politics and Russia sends its love to Theresa May.
Negotiators have given Britain until the end of the month to make headway on a divorce settlement that includes a hefty bill, citizens' rights and the Irish border. Leaders in Europe are increasingly losing patience.
Theresa May has met European business leaders, who warned that a 'no deal Brexit' would be catastrophic. Fifteen business groups were in London to seek reassurance over the future of UK-EU trade.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version