EU Will Be Big Brexit Winner

Germany will experience trade difficulties due to Brexit but Britain will suffer more that the remaining European Union members when it leaves the bloc, Economy Minister Brigitte Zypries said on Wednesday, Reuters reported. “I expect we will of course have problems with trade ... but it will not be so hard for Europe as for Britain,” Zypries told a news conference in Berlin to present updated German government growth forecasts. Europe will be the big winner of Brexit, she said, as UK-headquartered companies move to the continent and French President Emmanuel Macron’s reform push leads to a new “spirit of revival” that will benefit the whole of the EU.