Sterling is lifted as Spanish Foreign Minister Josep Borrell was quoted saying that an updated Brexit agreement is already be hammered out. And the agreement could be ready before a summit in Egypt on Sunday.
Borrell said in an interview at the ministry’s palace in Madrid “I think the accord is being hammered out now, without having to go to Sharm El-Sheikh to do it”.
He added that “the EU’s position is that the treaty won’t be reopened, but can be interpreted, or complemented with explanations that may be satisfactory.”