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Germany’s Merkel Asks EU to Prepare For a no-deal Brexit

A.F 3 July, 2020 12:15 pm Breaking News, Market Update

Addressing the German parliament on Friday, Germany’s Chancellor Angela Merkel said that they are preparing on every level for a no-deal Brexit.

In previous remarks on Monday, Merkel warned that the European Union (EU) needs to be prepared for a situation in which a Brexit deal is not reached.

The headline is weighing mildly on the pound, as cable is sliding to session low of 1.2438.

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