- In a post Brexit world, Germany with the strongest economy in Europe will become more important for US and Asian companies structuring their business in Europe.
German media seems to go crazy about the UK leaving the EU. Strongly dominated by the left, there are voices that (seriously) predict something like ‘Finis Britannia’ emerging on the horizon. But is that true? And are the British to be blamed for wanting to leave the EU given its current state?
German professionals and entrepreneurs perhaps have a more neutral view on this. Sure, things will become more complicated especially from a legal point of view. First and foremost, the fields of data protection law, protection of EU-trademarks, EU-designs and licence agreements, company succession and European corporate law will be affected.
Increased uncertainty and new bilateral contracts are yet to come. Nevertheless, if the UK is to opt out of the EU, it is likely that Germany—with