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Brexit deal: ‘Positive’ for France as ‘UK loses’

   Experts in France are cautiously optimistic about the impact the deal
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   pandemic continues
   29 December 2020
   Signs with British flag on one side and EU flag on the other. Brexit
   deal: ‘Positive’ for France as ‘UK loses’ The new Brexit deal has been
   hailed as "positive" for France so far, some experts have said
   By Hannah Thompson

   France is watching to see how the new Brexit deal will affect trading
   with the UK, with the deal so far hailed as “positive” for the French
   economy, and the UK seen as “losing out” by the economy minister.
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   imports €21.2 billion-worth.

   In mid-December, Economy Minister Bruno Le Maire said that Brexit would
   cost France just 0.1% of GDP, with or without a deal, and that whatever
   happened, “the big losers will be the British”.

   The Banque de France estimated that without a deal, Brexit would have
   cost France 0.2% of GDP - the equivalent of €4 billion.

Lose-lose - win-win?

   Brexit specialist Elvire Fabry, at independent Paris think tank
   Institut Jacques Delors, told news source BFMTV: “We can consider the
   deal as lose-lose, because in any case, Brexit is re-establishing
   borders, resistance, and friction in commercial trade, where it did not
   exist before.
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