Germany's main industry association says if Britain leaves the EU without a deal it would be a "disaster" for both sides. It says German firms would face extra tariffs of over €3bn and exports to Britain could drop by 57%
In the wake of a six-month extension, the European Commission chief called on the UK to “make use of this time." He also urged Germany to increase its spending to "boost investment."
The German president has warned that Britain's exit from the European Union "cannot become an endless horror story." Concerns are growing that pro-Brexit parties could disrupt next month's EU parliamentary elections.
Theresa May has accepted an offer from Brussels to extend the Brexit deadline to October 31. The delay could force the UK to take part in European elections unless it can pass a divorce deal through parliament.
The consequences of a no-deal Brexit would be much worse for Europe than for the UK, argues British historian Timothy Garton Ash in an exclusive interview with DW.
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