Germany BDI industry chief Kempft: German companies have no choice but to prepare for a disorderly Brexit

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26 February 2019

Germany BDI industry chief Kempft: German companies have no choice but to prepare for a disorderly Brexit

if there is a hard Brexit, the UK will probably slip into recession
if the worst comes to the worst, we expect a hard Brexit to shave at least 0.5pct off German gross domestic product
contingency measures taken by politicians and companies can water down the worst effects of a disorderly Brexit but we would still feel really its impact

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