German ‘Recession' a Grave Threat to EU Economy, Warns Expert

Boris Johnson can seize on Germany’s impending recession to make the most life outside the European Union, a senior financial advisor has said, the Daily Express reported. And Nigel Green, founder and CEO of deVere Group, which claims to be the world’s largest independent financial advisory organisation, also said the UK leaving the EU without a deal could also send the Eurozone into a tailspin. Mr Johnson submitted alternative proposals for the withdrawal agreement last week, which, if accepted by the EU, would replace the backstop plan for the Irish border with a system whereby Northern Ireland would leave the Customs Union but stay in the single market. Read more