Brexit

Prepa­ra­tions for Brex­it

The European Council unanimously and in agreement with the UK Government extended the deadline for withdrawal under Article 50 until 31 October 2019. While the German government is still assuming that Britain’s withdrawal from the EU will be orderly, it is also preparing for a possible “no deal” scenario. Our dedicated Brexit page includes important information on preparations for Brexit in the areas of financial markets, customs, budgetary issues and taxation.

Context

Brex­it pre­pared­ness

On 29 March 2017, the United Kingdom notified the European Council of its intention to withdraw from the European Union in accordance with Article 50 of the Treaty on European Union. The European Commission has created a dedicated page on Brexit preparedness, which provides comprehensive information on preparedness notices, legislative initiatives and other preparedness activities.

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