- Aug 26, 2016
Amazing how they can lose real money on a future event that didn't even happen yet.Not quoting as it's in French but Euler Hermes (major credit insurance company) estimates in a new report that French companies lost 6 billion € in exports since 2016 due to Brexit side effects (low £ rendering British companies more competitive, investments slowing down due to uncertainty and lower UK internal consumption).
Just posting the chart about French exports to UK:
Yellow: agro products
Blue: Consumer products
Grey: Professional services
Dark brown: Automotive
Light brown: Industrial goods
Burgundy: Chemicals and plastic
Dark red: Aerospace
View attachment 632980
I don't know how anyone can take that seriously.