With the media currently focused on the UK following the referendum vote , little has been noted regarding a potential disaster for Germany . The free trade zone is vital to Germany ; it derives nearly half of its GDP from exports and as Continental Europe has declined in importance as a destination for its goods , the UK and the US have become increasingly significant . However , the fear is that Britain 's economy could spread contagion to other EU member countries , which many believe would ignite a reconsideration of the free trade zone . If the free trade zone was modified , the German economy could be hit ; a 5 % decline in exports would result in a 2.25 % decline in German GDP . Therefore , euros Futures suggests that , unsurprisingly , Germany may do anything to keep the free trade zone , even giving up the euro and Brussels ' exports .
With the media currently focused on the UK following the Brexit vote, little has been noted regarding a potential disaster for Germany. The free trade zone is vital to Germany; it derives nearly half of its GDP from exports and as Continental Europe has declined in importance as a destination for its goods, the UK and the US have become increasingly significant. However, the fear is that Britain's decision could spread contagion to other EU member countries, which many believe would ignite a reconsideration of the free trade zone. If the free trade zone was modified, the German economy could be hit; a 5% decline in exports would result in a 2.25% decline in German GDP. Therefore, Geopolitical Futures suggests that, unsurprisingly, Germany may do anything to keep the free trade zone, even giving up the euro and Brussels' regulations.