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THE INTERVIEW

" We have a lot that we can do together to make Middle East a better place"

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FOCUS

Will Bolivia see a lithium boom?

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MIDDLE EAST MATTERS

Child refugees: Inside Turkey's hidden sweatshops

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ENCORE!

Film show: 'The Red Turtle', 'Camping 3' and 'The Balkan Trilogy'

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FACE-OFF

After Brexit, is a Frexit possible?

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BUSINESS DAILY

Vodafone warns it could move HQ out of UK

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IN THE PAPERS

French people against a 'Frexit' referendum

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MEDIAWATCH

Turkish Airport Blasts

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EYE ON AFRICA

France slammed for support of ex-Chad dictator Hissene Habre

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economy

This Berlin SME manufactures optical devices and custom made electronics for the cosmetics industry. 80% of these products are sold abroad. They are worried about the Brexit here. Britain is Germany's third most important economic partner. Its exit from the EU would have a direct impact on many companies like this one across the country… Mathis Kuchejda - CEO, Schmidt + Haensch "Britain is an important trading partner for us and we send 10% of our EU exports there. A Brexit would mean that trade barriers and customs that we are trying to remove would be reinstated, which is everything we fought against last year. " A Brexit would cause a drop in "Made in Germany" exports ... and would cost the country up to three points of its GDP. But if Berlin is more concerned more than others, it is mainly because Britain, like Germany is a fan of budgetary rigor. Berlin could end up dealing with the southern European countries alone, according to this journalist from der Spiegel magazine. Christoph Schult - Journalist, der Spiegel magazine "The main concern in Germany is the threat of losing a partner who is on the same wavelength on many issues. This, in turn, would strengthen the countries of southern Europe that want to share debts within the union." Der Spiegel front cover last week read: "Please don't go." According to a survey commissioned by the magazine, 79% of Germans want Britain to remain within the EU. Among these Germans who gathered to watch an England match, there are those who fear a contagion effect. VOX POP"Its important that they stay. I think they get more from the EU than they give, and don't lose as much as they believe they do. And it is a fatal signal for the EU if they now want to leave." VOX POP"It's still up in the air, the polls go back and forth. I think it would be good if they stayed, because if britain leaves, others will follow and then everything would start to get shaky." Nervousness has peaked in Germany: a Brexit would see the third largest contributor to the EU budget leave the union. Berlin would have to compensate by increasing its own contribution by 2.5 billion euros a year.

Brexit vote raises fears in Germany

This Berlin SME manufactures optical devices and custom made electronics for the cosmetics industry. 80% of these products are sold abroad. They are worried…

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