Analysts at Danske Bank point out that the Brexit negotiations have also run into new trouble, as the negotiations between the EU and the UK ended up in a stalemate over the weekend.
Key Quotes
“The impasse comes just days before the EU leaders meet later this week to discuss ‘the divorce’. On the one hand, media is now reporting that officials on both sides are increasingly concerned that no deal will be reached before the March break-up date. On the other hand, these kinds of ‘breakdowns’ are quite normal in negotiations where the involved partners have a lot at stake. Everybody needs to show that they have been fighting hard before a deal can be reached.”
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