EU Poker . . A Desperate Germany Blinks First
Germany urges EU for Brexit deal with UK as they face recession
https://londonlovesbusiness.com/germ...ace-recession/
"The German chancellor Angela Merkel is urging EU negotiators to do a deal with the British prime minister as this will tie the UK more closely with Europe.
Merkel wants a future trading relationship with the UK, so it remains a “close partnership” after Brexit. Currently the UK is Germany’s largest exporter in Europe totalling £75bn in 2018."
"Johnson’s threat of a no-deal Brexit on the 31 October “do or die” is hanging over Germany. Europe’s largest economy are fearing recession as the gross domestic product (GDP) has contracted to 0.1% in the second quarter.
Marc Tenbieg at the German Mittelstand Association said to the Telegraph, “It is a tragedy for both sides of the Channel that a functioning and well-established market and trade structures have been jeopardised by poor political decision-making.”"