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Minister: Hard brexit costs Danish jobs

A hard brexit will be felt on employment in Denmark in the coming years. It says the economy and the interior, Simon Emil Ammitzbøll-Beetle (LA) on the basis

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Minister: Hard brexit costs Danish jobs

A hard brexit will be felt on employment in Denmark in the coming years.

It says the economy and the interior, Simon Emil Ammitzbøll-Beetle (LA) on the basis of a new economic analysis, which the ministry has made.

almost 60,000, or two percent of danes are, according to the ministry, directly or indirectly, engaged in exports to the united kingdom.

If the Uk leaves the european UNION until march next year without an agreement - a so-called hard brexit - will it in the following years, cost Danish jobs.

- It can affect employment in the short track, if a hard brexit becomes a reality, says the economy and the minister of the interior.

- Up to 60,000 jobs are dependent on Britain as an export market. So it can be of importance for a wide range of people, says the minister without mentioning a specific number.

- But in the longer term, the analysis shows that Danish companies have enough need to find new export markets, so there is thus the possibility to maintain the same level of employment in the long term, says Ammitzbøll-Beetle.

At the dealer level is the united kingdom reached an agreement with the union on a udtrædelsesaftale.

But the agreement has not yet been approved in the british parliament, and on Monday elected prime minister Theresa May to postpone a planned vote because of the prospect to be voted down.

Gets a deal voted through, is the outlook brighter for employment in Denmark.

It is clear, however, that it was far from all industries, who are affected in the same degree, when the Uk leaves the EU.

- In Denmark, in particular the food industry, exporting to the Uk, which is particularly sensitive to a hard brexit.

- It is also why Denmark has worked hard for, that there be an agreement between the EU and the Uk, the minister says.

Both The International Monetary fund, the IMF, and the Copenhagen Economics has figured out that the brexit in the toughest scenario can reduce Denmark's gross domestic product by about one percent in the long term.

In 2018-rates corresponding to about 4300 euros per dane in 2030.

A soft brexit, where it is assumed that the countries an EEA-like agreement, will have significantly less impact.

the EEA agreement, which includes the EU countries plus Norway, Iceland and Liechtenstein, to ensure access to the single market and its free movement of goods, capital, services and persons.

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