"It's a catastrophe for the German economy"! Companies fear massive damage - most especially, the nearly 2500 German firms that manufacture in Britain. German exporters have to brace for major losses in revenues.
The German economy expanded by over 2 percent in 2017, beating results for the previous year despite fewer working days. The statistics office said growth was boosted by high employment and larger investments.
The latest OECD economic outlook predicts global growth of almost 4 percent in 2018. However, it also expresses concerns over a lack of investment, which it says could dent momentum in the global recovery.
Morale among German business leaders has fallen slightly, according to the closely-watch Ifo sentiment barometer, but remains "excellent" despite uncertainty over the next German government coalition.
Despite the endless media coverage and fevered political rhetoric, no one yet knows for sure what is ultimately going to happen with Brexit. But should Germany really be scared of a messy outcome?
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