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Dexit?

Feb 23, 2024
Will Germany be the next country to leave the European Union? There’s speculation in some corners to that effect, according to The Hindustan Times.

Will Germany be the next country to leave the European Union? There’s speculation in some corners to that effect, according to The Hindustan Times.

"Germany's far-right Alternative for Germany party proposed that the country should leave the European Union like the UK. The move is widely being called “Dexit” just like UK's exit from the EU was termed “Brexit”. German finance minister Christian Lindner said that the country's economy would be ruined as the EU single market is of “utmost importance” for Germany- Europe’s biggest economy,” according to the article. 

“It would ruin our economy. This is why we have to tell people, OK, you maybe are not in line with government policies but this is no reason for changing the complete system and for changing what our wealth is based on,” Lindner said in the article. 

Although Christian Lindner conceded that Germany’s competitiveness is “not as good as it should be,” according to the article. We are preparing proposals over the next couple of months on how best to boost it “especially in the financial sector," he said.


 
Central Eurpoe Global Trade
David Harrison