BREAKING NEWS
This content is not available in your region

UK government must provide Brexit clarity to avoid further damage - German bank body

UK government must provide Brexit clarity to avoid further damage - German bank body
Britain's Conservative Party MP Jacob Rees-Mogg walks past an anti-Brexit protester, after the British parliament rejected Prime Minister Theresa May's Brexit deal, in London, Britain, January 16, 2019. REUTERS/Clodagh Kilcoyne   -   Copyright  CLODAGH KILCOYNE(Reuters)
Text size Aa Aa

BERLIN (Reuters) – The British economy will likely slow due to uncertainty over Brexit and that will negatively impact the German economy, Germany’s cooperative banking association said, urging London to provide clarity to avoid further damage for trade and the economy.

From an economic perspective, the best solution would be for Britain to unilaterally withdraw its Brexit declaration, the BVR said on Wednesday after the British parliament rejected the Brexit deal negotiated with the European Union.

(Reporting by Michelle Martin, editing by Thomas Escritt)

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