Ifo President Clemens Fuest regrets the Brexit. "The decision by British voters in favour of a Brexit marks the defeat of common sense", said Fuest on Friday.
"Politics now has to do everything it can to limit the damages. That means ensuring that Britain remains integrated in the internal market as far as possible. Negotiations to that end should be concluded very quickly, so that the phase of uncertainty over future economic relations remains as short as possible," he added.
