Germany’s Merkel: “We're prepared for a disorderly Brexit”

Speaking at a panel discussion at the Chancellery on Sunday, the German Chancellor Angela Merkel said that she would meet the UK Prime Minister Johnson on Wednesday evening to discuss Brexit, adding that Germany was also prepared for a no-deal Brexit outcome.

Key Quotes:

“We are glad of every visit, and you have to talk, and you have to find good solutions.”

“We are prepared for any outcome, we can say that, even if we do not get an agreement. But at all events I will make an effort to find solutions - up until the last day of negotiations.”

“I think it’s always better to leave with an agreement than without one. But if that’s not possible, we’ll be prepared for the alternative as well.”

Last Wednesday, Merkel was reported as saying that Germany made it clear that they want a Brexit that results in close partnership with the EU member countries.

Meanwhile, the pound came under fresh selling pressure this Monday’s Asian trading, with GBP/USD pair back below the 1.2150 level, as new week welcomes the GBP trades with fresh Brexit uncertainties.

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.