Business > Economy

The implications of no-deal Brexit: is the EU prepared?

6 monthes ago   |   By Bruegel

This note, written at the request of the Bundestag EU committee, explores the possible consequences of a no-deal Brexit for the EU and assesses preparations on the EU side. It also provides guidance on optimal strategy for the EU assuming different choices taken by the UK.
Overall, a no-deal Brexit would be disruptive in the short-term.
There would be immediate very significant administrative and logistic challenges in trade. Preparations to reduce those disruptions are underway but unlikely to be sufficient. But while MFN tariffs will affect some sectors strongly, the macroeconomic effect...
Read more ...

 

The implications of no-deal Brexit: is the European Union prepared?

6 monthes ago   |   By Bruegel

This Policy Contribution, based on a note written for the Bundestag EU Committee, explores the possible consequences of a no-deal Brexit for the European Union and assesses preparations on the EU side. It also provides guidance on the optimal strategy for the EU, depending on the choices made by the United Kingdom.
Overall, a no-deal Brexit would be disruptive in the short-term:
There would be immediate very significant administrative and logistical challenges in trade. Preparations to reduce those disruptions are underway but are unlikely to be sufficient. But while Most-Favoured Nation...
Read more ...

 


Search by Tags

   Economy      European Macroeconomics & Governance      German Bundestag      Testimonies      Brexit      Brexit negotiations      NO-deal Brexit      EU single market  


Weeks of Democratic infighting between Nancy Pelosi and 'the Squad' preceded...

Weeks of Democratic infighting between Nancy Pelosi and 'the Squad' preceded Trump's racist tweet attacks

President Donald Trump's racist tweets directed at four Democrats who are women of color did not occur in a vacuum. The tweets came after weeks of infighting between the... Read more ...

'Gossip Girl' is getting a reboot to help drive subscribers for HBO Max...

'Gossip Girl' is getting a reboot to help drive subscribers for HBO Max, WarnerMedia's upcoming Netflix competitor

"Gossip Girl" has been picked up for a 10-episode reboot at WarnerMedia's upcoming streaming service, HBO Max. It raises questions about the future of the show's availability... Read more ...

The Apollo moon landing 50 years ago is still arguably NASA's greatest feat...

The Apollo moon landing 50 years ago is still arguably NASA's greatest feat. See how the US pulled it off

Apollo astronauts Neil Armstrong and Buzz Aldrin landed on the moon 50 years ago, on July 20, 1969. Ten other NASA astronauts followed in their footsteps over the next three... Read more ...

Everyone from Drake to the Jonas Brothers is posting photos where they look...

Everyone from Drake to the Jonas Brothers is posting photos where they look old - these are the best ones

Seeing a lot of photos in your social media feeds with elderly versions of people you otherwise know to not be quite so old? That's because of an app named FaceApp that's going... Read more ...

Blue Ivy shares the spotlight with mom Beyoncé in her new music video for...

Blue Ivy shares the spotlight with mom Beyoncé in her new music video for the 'Lion King' remake

During a special on ABC Tuesday night, Beyoncé released the music video for her new single for "The Lion King" remake, "Spirit," and it's stunning. Over four-and-a-half... Read more ...

Video shows Trump partying with Jeffrey Epstein and a roomful of NFL...

Video shows Trump partying with Jeffrey Epstein and a roomful of NFL cheerleaders at Mar-a-Lago in 1992

Footage from a 1992 Mar-a-Lago party shows Donald Trump dancing and laughing with Jeffrey Epstein. The video was shot for Faith Daniels' NBC talk show "A Closer Look" and shows... Read more ...

Amazon declares Prime Day its biggest shopping event in history, surpassing...

Amazon declares Prime Day its biggest shopping event in history, surpassing the combined sales of Cyber Monday and Black Friday

Amazon says Prime Day sales this year surpassed the combined sales of Black Friday and Cyber Monday last year. Amazon said it sold with more than 175 million items this year... Read more ...

These are the 2 job trends pushing companies like Amazon to spend billions...

These are the 2 job trends pushing companies like Amazon to spend billions updating workers like you'd update technology

Companies like Amazon and Accenture are spending billions on employee retraining programs. The goal is to equip their staff with the skills necessary in the workplace of the... Read more ...

Bank of America Merrill Lynch beats Wall Street forecasts with record...

Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings

Bank of America Merrill Lynch reported record second-quarter earnings Wednesday that beat analysts' profit expectations. Watch Bank of America Merrill Lynch trade live . Bank... Read more ...

Opendoor and Lime-backer Fifth Wall just raised $500 million in new funding...

Opendoor and Lime-backer Fifth Wall just raised $500 million in new funding to invest in real estate tech

Fifth Wall Ventures, a proptech-focused venture capital firm, said on Wednesday it has raised $503 million for its second fund. "Proptech" encompasses a diverse range of... Read more ...