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Eastern European companies fear 'chaos' of no-deal Brexit


Trade with central and eastern Europe already affected and local GDP could shrink by 5%. For Future Processing, there are three main concerns about a hard Brexit. First, the likelihood that the pound will plummet, creating currency risk. Second, that transport connections between Poland and the UK will be disrupted, making it harder for the Polish company’s representatives to visit British clients. Finally, that the UK breaking away from EU law will create legal uncertainty and potential additional costs as the Polish and British systems diverge.

The Guardian - February 14, 2019

View the full story here: https://www.theguardian.com/politics/2019/feb/13/eastern-european-companies-fear-chaos-of-no-deal-brexit