This content is not available in your region

Everyone must prepare for possibility of hard Brexit - Germany

Text size Aa Aa

FRANKFURT (Reuters) – Everyone needs to make plans for a hard Brexit just in case, German Deputy Finance Minister Joerg Kukies said on Monday.

“(It’s) very, very clear that everyone must prepare for eventuality of a hard Brexit,” Kukies – who focuses on financial market policy and European issues – told a banking conference in Frankfurt.

A hard Brexit is generally understood to be an abrupt exit by Britain from the European Union without measures in place to safeguard the British and European Union economies.

(Reporting by Tom Sims; Writing by Michelle Martin; Editing by Thomas Seythal)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.