Angela Merkel's €650bn economy nightmare – Germany facing post-Brexit debt black hole
A GERMAN minister has admitted the UK leaving the EU has caused significant economic damage as Germany suffers from billions of Euros worth of debt due to COVID-19.
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European Minister for Lower Saxony, Birgit Honé, said the economy had suffered greatly along with culture and education since the UK fully left the EU on December 31. Speaking to mark 100 days since the completion of Brexit, the Social Democratic Party politician claimed Brexit had also caused negative effects in other areas including students, academic exchanges and professional qualifications.
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The Minister of European Affairs for the North German federal state claimed there was no provision for the recognition of professional qualifications making it uncertain for people who wish to work in Britain.
She added of the element of the Brexit deal agreed on Christmas Eve: “It was simply ignored.
“This affects commerce, but also, for example, German doctors who help with emergency services in Britain.”
The Minister also hit out at the UK’s withdrawal from the EU’s student exchange scheme Erasmus which allowed European students to attend UK universities.
Ms Honé claimed the UK had “abandoned student and pupil exchanges” by withdrawing from the scheme, which Scotland and Wales wished to remain in.
She claimed: “Young people were denied this opportunity if they did not come from a wealthy family. It's really bitter.”
Ms Honé pledged to continue the scheme and cooperate with the UK Government stressing Lower Saxony wants to “promote student exchanges.”
The German Minister also admitted exports to the UK had been steadily declining since 2015, worth 13.8 percent overall.
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