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The Telegraph (UK): How trade war and no-deal Brexit fears are weighing down Germany's struggling economy


No-deal Brexit looms large

 

[...] The German Mittelstand - the small and medium-sized businesses that are key to the country’s economy – fears that a no deal Brexit is a “major ingredient” in a “toxic cocktail that is currently being stirred up in global trade relationships”, warns Marc Tenbieg at the German Mittelstand Association.

 

He says: “It is a tragedy for both sides of the channel that a functioning and well-established market and trade structures have been jeopardized by poor political decision-making.”