The Great Brexit Debate: German media reacts to Brexit

"A 1966 goal in retrospect ..."

By Henryk Deter, cometis AG, Wiesbaden (Germany)

 

“A 1966 goal in retrospect …”

The predominant message across all forms of German media has been one of regret about the result. Most commentators agree that a unified EU is necessary to address common European and global challenges. They also believe that the EU needs the UK.

“Europe is dead – long live Europe?” headlined the weekly Der Spiegel magazine and Bild, Germany’s best-selling daily, offered to recognize the Wembley Goal of 1966 if Britain remained in the EU.

The liberal-leaning Süddeutsche Zeitung greeted its readers with “Bye-bye Britain.” In an editorial, the paper warned of the consequences for the stability of the rest of the EU.

The British have sent a signal that could strengthen radical forces in other countries raising the spectre of disintegration. A further break-up of the EU is therefore not an unrealistic scenario. Nor is the break-up of the United Kingdom as Scotland’s bid for independence clearly shows. The conservative Frankfurter Allgemeine newspaper struck a more critical tone towards the UK in its editorial.

The Brexit is said to not only damage Britain and the EU as a whole economically, but also be a catastrophe for Germany. If Britain were to leave the EU, Germany would lose an important ally, one that is much admired by Germans.

 


 

More information

“Brexit” on Wikipedia: United Kingdom withdrawal from the European Union

Google News: Brexit

Twitter: #brexit


 

About cometis AG

Since 2000, cometis has specialized in providing Investor Relations and Financial Media Relations Services to companies in Germany and throughout Europe. The experienced team of 25 professionals, with experience from over 500 capital market-related projects, makes cometis one of the top financial communications consulting firms in Germany.

2 Comments

  1. David Landis July 8, 2016 Reply

    Henryk, thanks for the German perspective. Do you think Britain may re-consider? Cheers, David Landis, LCI, San Francisco

  2. Author
    Henryk July 9, 2016 Reply

    David, personally I think many people may very well reconsider and take back their decision if they were asked again. From a political point of view it seems difficult because someone would have to take leadership and this does not seem to happen. A 2nd referendum seems unlikely. Maybe new elections could be a face-saving solution. If a pro-EU campaign won the Brexit could be avoided.

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