The British finance minister plans a Brexit Budget in the event his country votes to leave the EU. It contains higher taxes and cuts to services.
As Brexit unravels before our eyes, it's worth reminding ourselves who got the UK and the EU into this mess in the first place. Rob Mudge tries to shed light on how the former British prime minister spends his days.
UK Prime Minister Theresa May is likely to hike spending on the National Health Service by €5 billion a year, funded in part by a "Brexit dividend." But as her political options narrow, many see May’s move as gesturing.
EU budget chief Günther Oettinger says he wants Berlin to pay at least 3 billion euros more to cope with new tasks after Britain leaves the bloc. But he said that meant just 10 cents a day more for everyone in Germany.
It seems like bad news is springing up from many major economies. Although it's too early to talk of a doomsday scenario, the risks should no longer be ignored, says DW's Henrik Böhme.
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