European business groups unite to lobby Theresa May on a Brexit transition deal

The video discusses the impact of Brexit on the European Union, highlighting the urgency of preparations as the March 2019 deadline approaches. It covers how businesses, particularly in Germany, are readying contingency plans to deal with potential bureaucratic challenges. Efforts to avoid a hard Brexit are underway, with BusinessEurope leading a delegation to Downing Street. The video also explores the impact on small businesses and the public's shifting perception of Brexit. Despite challenges, some see opportunities, like Berlin's Babble startup. The video concludes with a call for clarity and action as the Brexit deadline looms.

What is the main concern for businesses in Germany regarding Brexit?

• Decreased demand for German products

• Increased competition from UK companies

• Potential delays and costs due to customs

• Loss of skilled labor to the UK

What is the primary message European business groups want to convey to the UK Prime Minister?

• A hard Brexit is inevitable

• A transitional arrangement is sufficient

• The UK should remain in the EU

• More clarity and a written negotiation position are needed

How are small companies like Scribbles affected by Brexit?

• They face potential delays in customs

• They are unaffected by Brexit

• They receive government subsidies

• They benefit from reduced competition

What is the general sentiment in Europe regarding the Brexit referendum result?

• It is widely accepted and supported

• It is seen as an opportunity for economic growth

• There is a desire for Britain to finalize a deal

• There is hope it will be reversed

How does the translation startup Babble view Brexit?

• As a purely negative development

• As an opportunity as well as a challenge

• As irrelevant to their business

• As a reason to relocate to the UK