Tuesday, 6 February 2018

PAINTING A BLEAK POST BREXIT PICTURE IN THE EU

This article in The Telegraph (HERE) tries to give the impression that life will be badly hit in Europe and claims that Bremen will be hit harder than any other area in the EU. But it surely cannot be a surprise that somewhere in the EU 27 will be hardest hit. What matters is how it compares to UK areas and most reports suggest the adverse impacts will be ten times worse on this side of the Channel. Needless to say the article doesn't mention this at all.

The paper says it understands a British official visited Bremen in the summer of 2017 and told a number of firms, to their surprise, that “everything will pretty much be the same after Brexit.”

This apparently only left them more confused – UK civil servants were privately assuring them of a Brexit with “high regulatory alignment,” even as cabinet ministers publicly pushed for a more radical, “low alignment” Brexit. 

However, the last paragraph is quoting some elderly Germans in a pub:

It’s unbelievable,” said Johann, 72, as he took a gulp from a tall glass of Becks, “the English want to have everything but not pay us any money. That should be impossible.”

The sad thing is, it’s the young people, who want to live or work in Europe, who are going to suffer,” said his companion, 76-year-old Rudi.

If you ask me, I think your country is going down the pipes,” he added with a malicious grin, before knocking back a shot of Schnapps.

Sounds about right to me.