Europe has suffered a severe political damage because of Brexit. The EU must be able to react, otherwise the risks that other member countries decide to move away will become more concrete," Triulzi said.
The negative impact of Brexit uncertainty on EU exports has not been proven. The COVID-19 pandemic, which caused a deep downturn in international trade in 2020, had a negative impact on EU exports. However, EU exports to all partners decreased significantly regardless of the COVID-19 ...
New Questions for U.K.-EU Trade With Brexit completed, the future of trade between the country and European bloc faces new questions and anxieties. Thomas K. GroseJan. 4, 2021 India’s Farmers Pose Test for Modi The prime minister’s use of nationalism isn’t enough to quell protests ove...
The EU's Brexit commissioner had initially opposed such a move. Europe is the largest market for British carmakers and the UK is the largest market for European vehicle producers. Are electric cars really worth it? Here's Tom Heap's take ...
to the exporter; however, given the short period between the publication of the TCA and its entry into force this might prove unduly burdensome, since suppliers did not have to deliver such declarations, for EU‑27 shipments to the UK, before. Therefore, pursuant to new Commission Regulation...
Officials are working to help exporters under pressure now to supply the seasonal trade in dairy cows and in-calf Friesian heifers. Since January 1, Brexit requirements for live animal exports to Great Britain include a residency period for cattle, sheep and pigs increased to 40 days on the ...
"Financial services exports to EU are down around 10% compared to non-EU exports since 2019, but at least part of the fall is probably due to COVID-19 rather than Brexit," Thomas Sampson, associate professor from the London School of Economics, said about the data on Twitter. ...
The trade ministry said it is hard to expect an export recovery in the foreseeable future due to the continued downturn in emerging economies and the remaining uncertainties such as Brexit, or British referendum to leave the EU. Imports of raw materials reduced 12.5 percent in July on the back...
The ONS data showed that UK goods exports to non-EU countries grew at a faster pace than those to the bloc between 2010 and 2018 but have been volatile overall since then. Although the Brexit vote was in mid-2016, the UK left the EU single market at the start of 2021, just under a...
UK’s services sector starts to count the real cost of Brexit “Behind the scenes the effect [from leaving the EU] is clearly showing up in the data,” said John Springford, deputy director of the Centre for European Reform think-tank, citing his own research and figures from the Office...