• Thursday, October 06, 2022

Business

Axel Springer chief: Brexit could make Britain highly attractive

Mathias Doepfner, chief executive of media giant Axel Springer (Image courtesy: Axel Springer)

By: Eastern Eye Staff

BREXIT will be more painful for the rest of Europe than for Britain which could emerge stronger and better off than its European neighbours, Mathias Doepfner, chief executive of Axel Springer, has told the Financial Times. Doepfner, head of one of Europe’s largest media companies, said Britain was bound to experience short-term pain as a consequence of its June 23 vote to quit the EU. But Doepfner added that “in three to five years from now, my bet would be that England will be better off than continental Europe”. Doepfner said he saw Britain moving towards a “more free market-oriented…

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