The possibility of Brexit has triggered heated debates among Britain's business community. Some firms value trade with other EU members, while others are annoyed by inflexible regulations and want out as soon as possible.
Report by Birgit Maaß
European Council President Donald Tusk said there could be no "cherry-picking" on post-Brexit trade relations. British Prime Minister Theresa May will unveil Brexit plans at a speech next week.
UK Brexit Minister David Davis' speech in Vienna sought to reassure EU leaders. Brexit would not lead to an Anglo-Saxon race to the bottom and Britain would not be plunged into a Mad Max-style world, he said.
Following the summit in Brussels, it is clear that upcoming budget negotiations will show who is with the EU and who is not. A split should not be ruled out, writes DW's Brussels correspondent Bernd Riegert.
EU leaders meet informally in Brussels to discuss how to deal with the loss of funds from the UK when it leaves the bloc. The group of 27 is also discussing how to chose the next President of the European Commission.
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