GERMANY - A new study says German businesses face a €3 billion no-deal Brexit price-tag in customs fees – and a further €200 million each year to finance additional customs formalities. That forecast by Germany’s chamber of industry and trade (DIHK) follows another bleak study by the Bruegel Institute in Brussels. It suggests the UK’s departure will also add €4.2 billion to Germany’s EU budget bill by 2020 – Berlin’s share of the €16.5 billion hole left by London’s departure. Another hole could be ripped in the EU’s finances, and Germany’s budget, if Britain walks away without paying in funds it owes in the current budget round. “The EU would, rightly, view it as a hostile act if the UK didn’t fulfill its financial obligations,” wrote Mr Guntram Wolff, head of Bruegel, in a report before a Brexit hearing in the German parliament on Monday.