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London must agree to Brexit transition phase, says German BDI group

Reuters  |  BERLIN 

BERLIN (Reuters) - Britain must agree to an implementation phase based on the status quo for its transition from the EU, otherwise German companies will be forced to implement 'worst case' contingency plans, the BDI industry association said on Tuesday."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 noone wants and which will hurt everyone," said BDI Managing Director Joachim Lang. German firms would prefer a deep form of integration ...

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First Published: Tue, March 13 2018. 13:40 IST