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BDI warns of job losses : the risk for the German economy in hard Brexit

the President of The industry Association BDI, Dieter Kempf, has asked after the third no of the British Parliament to Brexit-agreement in London to Act. "British policy must as soon as possible to complete the Brexit process," said Kempf of the Newspapers of the Funke media group (Saturday). "This ambiguous situation is clouding the mood, scares off investors, costing growth and jobs," he said. There is a "nagging uncertainty" in the economy.

Kempf warned of the consequences for German companies. "We expect a setback for the German economy in the order of magnitude of at least one-half of one percent of the gross domestic product," reiterated the industry President. The approximately 17 billion euros would be less economic strength "this year alone". He will assume that every fourth company had to cancel with business connections to the United Kingdom in the event of a hard Brexit.

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greets, On Friday, the day of the originally planned EU exit of great Britain, agreed to the British house of Commons for the third Time against the Brexit Treaty, Prime Minister Theresa May. Up to the 12. April must outline May now be the EU, such as the Brexit question should be clarified. EU Council President Tusk announced a special summit of EU heads of state and government on 10. April. (AFP)

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