Germany’s BDI: German industry needs Brexit clarity next week - RTRS

Reuters reports comments from Joachim Lang, Managing Director of Germany’s BDI industry association, as he says that the German companies need a clarity on the Brexit issue in order to avoid the implementation of the ‘worst case’ contingency plans.

Key Quotes:

“We demand a basic decision on this from the EU and British government at the European Council meeting. Otherwise, some companies will be forced to implement emergency plans for a worst case scenario which no one wants and which will hurt everyone.” 

“Our companies need predictability. Now there is the chance to reduce uncertainty for companies on both sides of the channel.” 

“If the EU summit does not provide clarity, then some companies will be forced to trigger their contingency plans.”