Reuters reported that EU leaders believe that progress in Brexit negotiation with the UK is “still not sufficient” for an agreement. The decision wold be confirmed at the EU summit on Thursday and Friday. Also, the leaders would ask chief negotiator Michel Barnier to intensify the talks and implement an agreement from January 1, 2021. At the same time, EU would step up no-deal preparations.
Separately, Commissioner for the EU’s single market, Thierry Breton, told BFM business radio “We prefer a deal but not at any price and if there is no deal, we are ready… our customs are ready for a no-deal and it is urgent that British customs also prepare for it.”