Static, spherically symmetric bodies are studied by the use of flat space-time theory of gravitation. In empty space a singularity at a Euclidean distance from the centre can exist. But the radius of this singular sphere is smaller than the radius of the body. Hence, there is no event horizon, i.e. black holes do not exist. Escape of energy and information is possible. Flat space-time theory of gravitation and quantum mechanics do not contradict to one another.