La Libre runs a story this week on the economic repercussions of Brexit. According to the latest Deloitte’s study, Belgium will be the fourth country most likely to be affected by Brexit, right after Germany, France, and the Netherlands.
With around 9% of total exports going to the UK, a lot of Belgian companies need to react quickly and appropriately before it’s too late. The study says that the consequences will be felt mainly in Flanders, which produces 80% of Belgian exports to the United Kingdom. And whatever the Brexit scenario is, it is inevitable that companies both those who trade with the UK and those established there will face an increase in the cost of activities. Deloitte, therefore, recommends that firms prepare for Brexit by thoroughly analysing all the potential consequences and making a detailed action plan.
The article in French: La Belgique parmi les pays de l'UE qui risquent le plus gros en cas de Brexit
Sourcing and translation by European Movement International
© La Libre Belgique
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