Analysts at Deutsche Bank suggest that the big talking point at today’s EU summit is going to be trade which kicks off in Brussels and continues into Friday.
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“There’s a laundry list of agenda points to get through for EU leaders with the not so insignificant talking points like Brexit, migration policy, the EU budget, security and the economic and monetary union amongst the big topics.”
“The summit will be of particular significance for Merkel given domestic political tensions of late however yesterday the CDU and Social Democrats confirmed that no headway was made on migration talks in a meeting in Berlin which will only heighten the pressure on Merkel. Notably, the CSU Party leader Seehofer did reaffirm on ARD TV that “I know of nobody in my party who either wants to endanger the government”¦.or bring down the Chancellor”. Meanwhile Italy PM Conte also confirmed that the EU draft on migration was dropped which should not be a great surprise given the limited headway made from Sunday’s mini summit.”