Letter: How will Brexit impact EU?

It may be necessary for the EU politicians to step back and listen to business leaders.
It may be necessary for the EU politicians to step back and listen to business leaders.

Re February 15’s report in The Scarborough News, re how Brexit will hit UK regions: To balance the UK report, there also needs to be an in-depth forecast on how Brexit will impact on the EU.

It is possible that the impact of a hard Brexit/No Deal, will have a more severe impact on the EU than the UK.

A significant number of EU business personnel are now aware of the implications.

We import considerably more from the EU than we export to them, the loss of our huge annual financial contributions is also a factor, coupled with this a number of EU countries have high unemployment rates, particularly in the 16 to 30 age bracket. A balanced approach to the negotiations is overdue.

It may be necessary for the EU politicians to step back and listen to business leaders.

Barry Horn

Esplanade

Scarborough