Brexit, Berlin will be 'accompaniment'

Wed, 12 Dec 2018 21:07:00 +0100

BERLIN, 12 DEC - Angela Merkel's government today launched a draft law called the "Brexit accompanying tax law", to avoid "unwanted disadvantages" and "protect the functionality and stability of the financial market". The draft contains "regulations for sectors such as taxes, financial market, labor law, always in connection with the exit of Britain from the EU" and also provides for the case of a so-called "hard Brexit". This is what Angela Merkel's spokesperson, Steffen Seibert, explained in Berlin, illustrating today in a press conference some of the draft presented by the Minister of Labor, and explaining that some forms of protection were conceived for British and German citizens. Even Angela Merkel announced in the Bundestag that Berlin is also preparing for the hypothesis of a hard Brexit.