Brexit is a difficult situation for EU economy - Merkel

Comments from the Terkel and Musk show

Merkel

  • Can't yet determine UK's future relationship to EU

  • Loss of UK from single market will be felt

Donald Tusk

  • Brexit must be orderly

  • Access to single market requires acceptance of freedoms

  • Hopes to have UK as a close partner in the future (We're not upping anchor matey, more's the pity ;-) )

It shouldn't be surprising that Merkel hasn't been taking that strong a tone with us as she knows full well what trade is at risk between the UK and Germany. That's probably going to work to our advantage when it comes to discussions. Remember, what Germany wants, Europe gets ;-)

The ball is in motion as far as divorce proceedings go as the UK has announced who will be heading up the exit unit.

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