The German capital is home to a large British expatriate community. Although the UK’s referendum vote to leave the EU is unlikely to affect them immediately, they're worried about the future
London's banking chiefs will travel to Brussels this week to shore up the UK capital's financial services sector post-Brexit. Several banks are planning to move staff to Frankfurt and Dublin to satisfy EU finance rules.
Britain's vote to leave the EU came as something of a shock for many millennials, who voted by a big majority to stay in the bloc. But rather than complain, some have opted to embrace the new reality and look ahead.
German Chancellor Angela Merkel has warned of consequences in case Britain restricted EU immigration. Her comment came as Nigel Farage delivered his own warning to the EU Parliament.
Emmigration from Bulgaria and Romania to the UK hit record levels in the year up to 2016. But researcher, Heather Rolfe, told DW that London's plans to reduce immigration levels could have negative economic consequences.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version