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Germany to Move Away UK Investments due to Brexit

August, 29 2017
watermark Economic news

According to the head of the DIHK Chambers of Industry and Commerce, a lot of German firms started to remove their investments from the Great Britain as they predict for an expansion of trade barriers in effect of the Brexit referendum.


The DIHK and the British Chambers of Commerce (BCC) had an appointment with the negotiators from Europe and Britain, according to a joint statement, in order to make a clear and certain trading businesses within the European Union regarding the discussion on Brexit from the bloc.


UK officials arrived in Brussels yesterday, aiming to encourage EU to talk about post-Brexit agreements, whereas the bloc rejected the ties initially without the London’s exit bill of and other pressing divorce issues


PM Theresa May has been dealing with lots of pressure to escape from her "no (Brexit) deal is better than a bad deal" stance, as she loses her governing position in the Conservative Party's parliamentary majority.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.