“Ireland, Germany and the EU: The Brexit Challenge” Report Published

The German version of the report “Ireland, Germany and the EU: the Brexit challenge” was presented yesterday (30 May 2017) in Berlin.

MP Pfeiffer called Brexit “a meaningless and exhausting divorce for both the United Kingdom as well as the EU”, saying that it would be of disadvantage for both parties: “It is given that non-membership means disadvantage rather than advantage (…) For Germany and the remaining EU member states Britain’s exit of the EU will, however, be felt: from a financial point of view Brexit brings new challenges for the EU, as the EU budget will be cut when the British contribution falls away.” The CDU MP called for the EU budget to be cut rather than filling the gap by distributing it to the remaining EU member states.

Ralf Lissek, CEO of the AHK stressed that Ireland would be facing “enormous challenges” as a result of Brexit given the political, economic and societal ties between the countries.

The report concludes that Ireland should “under no circumstances” be excluded from the European market as a result of Brexit and that the peace agreement should be maintained.

Source: DODs news.

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Published on 31. May 2017 in News EU, News Germany, News Ireland, News UK