Germany’s Scholz Eyes Brexit Breakthrough at ‘the Last Moment’

Scholz says he is “quite confident” that the EU can finalize the recovery fund this year,(Source: Bloomberg)
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German Finance Minister Olaf Scholz hinted that he expects the European Union and Britain to seal a deal on their future relationship even if talks may go down to the wire.

U.K. Prime Minister Boris Johnson had set an Oct. 15 deadline for an agreement, but will now make a decision on whether to end talks after EU leaders meet on Thursday and Friday, according to a person close to the negotiations. Both sides need time to ratify any deal by Dec. 31, meaning it would likely have to be in place by early November.