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Tags: APFN | EU | Brexit | The Latest

The Latest: German Businesses Urge against 'no-deal' Brexit

The Latest: German Businesses Urge against 'no-deal' Brexit

Tuesday, 26 February 2019 05:38 AM EST

LONDON (AP) — The Latest on Britain's negotiations to leave the European Union (all times local):

9:55 a.m.

Germany's main business lobby group is urging British politicians to stop dithering on Brexit and says it would be "absurd" for Britain to slide into a no-deal departure from the European Union that isn't even supported by a majority in its Parliament.

Joachim Lang, the chief executive of the Federation of German Industries, said Tuesday that "British politicians must not delay decisions any longer." He added that "if the British government doesn't find a majority in the lower house in March, it is time to halt the withdrawal process."

Lang said an unregulated Brexit would hurt the German economy but called on the German government and European Union to stick to their principles. He said that "the top priority must continue to be the unity of the EU 27 and the European Economic Area. The fundamental principles and achievements of European integration are too valuable to call into question."

9:30 a.m.

Prime Minister Theresa May is facing a revolt from members of her own government as lawmakers try to prevent her from taking Britain out of the European Union in a month's time without a divorce deal.

Three junior government ministers write in Tuesday's Daily Mail that they will vote with lawmakers from all parties to stop a no-deal departure unless May agrees to delay Brexit and guarantee "we are not swept over the precipice on March 29."

May has insisted Britain will leave the EU on schedule, even though she still hasn't reached an agreement that can win parliamentary approval.

The main opposition Labour Party on Monday took a step to back calls for a referendum on the Brexit deal as a way to break the deadlock.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The Latest on Britain's negotiations to leave the European Union (all times local):9:55 a.m.Germany's main business lobby group is urging British politicians to stop dithering on Brexit and says it would be "absurd" for Britain to slide into a no-deal departure from the...
APFN,EU,Brexit,The Latest
295
2019-38-26
Tuesday, 26 February 2019 05:38 AM
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