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EU’s Barnier Warns Brexit Deal Is ‘Unlikely’ as Progress Stalls

  • Fishing and state aid are the biggest obstacles to agreement
  • Barnier hints talks could be extended in effort to end logjam
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Barnier,: “An agreement between the U.K. and the EU seems unlikely.”Source: Bloomberg
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The European Union and U.K. warned they may not be able to strike a deal on their post-Brexit relationship after a testy week of negotiations that saw little progress. The pound fell.