Brexit is not a political issue in Germany. No election will be won or lost because of it. Angela Merkel’s position — to walk in lock-step with France and the Commission — is not controversial, it is consensus across the political landscape. [...]
British hopes that Berlin would eventually intervene to try and protect Germany’s industrial interests in the U.K. have proved misplaced. German auto companies are likely to take a Brexit hit. But the growth in migration of financial firms to Frankfurt has convinced Berlin that Brexit might not be as bad as many feared.
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