Germany Prepares for No-Deal Brexit to Avert Financial Turmoil
- Merkel’s government to allow U.K. banks to extend EU rights
- ‘We don’t have much time’ to seal orderly Brexit, Merkel says
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Germany is trying to mitigate market turmoil from the U.K. leaving the European Union without a deal by giving British financial firms a chance to continue operations in the country and making relocation more viable.