Tuesday

22nd Oct 2019

Ticker

German business takes €3.5bn Brexit hit in first half of 2019

German businesses have incurred losses worth €3.5bn in bilateral trade between Germany and the UK because of negative effects of Brexit in the first half of this year alone, according to the Federation of German Wholesale, Foreign Trade and Services (BGA). The president of the BGA warned that the real cost will be much higher and that a no-deal Brexit would have "catastrophic consequences" for German exporters.

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Juncker: 'Historic mistake' against Balkan EU hopefuls

The president of the European Commission Jean-Claude Juncker described a decision to block Albania and North Macedonia from advancing into the next phase to eventually join the European Union as a historic mistake.

EU leaders spent just 12 minutes on climate

Climate change was part of the agenda of the EU leaders for Friday's summit. However, the council decided to finalise the EUʼs long-term strategy on climate change at its next meeting in December.

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