POLITICO Brexit Files

Since 2012, the U.K. has continuously spent more money than it had available each year, a new report by the Center for European Policy, a German think tank, found Tuesday.

Politico qoutes Lüder Gerken, Chairman of the Centre for European Policy: “The erosion of credit-worthiness is weakening Britain’s bargaining position toward the European Union, because the country is increasingly depending on foreign capital”.

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