EU to Make Brexit Tough to Stop Other Exits, Says Brzeski
German Vice Chancellor Sigmar Gabriel said the U.K.’s vote to leave the European Union is creating a sense of instability and will lead to “big problems” if policy makers mishandle the Brexit process. While Britain’s exit “won’t hurt us economically as much as many fear,” it’s “a huge problem politically,” Gabriel, who leads Germany’s Social Democratic Party, said at a town hall-style event in Berlin on Sunday. “The world is looking at Europe as an unstable continent.” ING Chief Economist for Germany & Austria Carsten Brzeski discusses with Bloomberg's Anna Edwards on "Countdown."
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WPP CEO Says Brexit Uncertainty Is Difficult for Business
07:45 - Former Bank of England Governor Mervyn King and Sir Martin Sorrell, chief executive officer at WPP Plc, discuss the Brexit endgame and how U.K. businesses are being impacted by negotiations. They speak with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)