EU sources have said a Brexit deal could be reached in the next 24 hours.
“There is an air of optimism,” one EU diplomat told @rtenews. “The final touches are between [European Commission president Ursula] Von der Leyen and Boris [Johnson, the British prime minister].”
2/ The source said the Commission president was in touch with EU leaders.
3/ “There’s a very strong push to get it done before Christmas. The idea that everyone comes back again on Sunday or Monday to start again… that will happen if necessary but there does seem to be a strong push to get it done before Christmas,” the diplomat said.
4/ It’s understood fisheries remains the final outstanding offer. The EU appears to be sticking to the most recent offer of a 25pc transfer of the value of fish caught by EU boats in UK waters to British fishermen.
5/ It's understood member states officials have already begun drafting legal texts which will allow for the formal acceptance by capitals of any deal, should agreement be reached
6/ Another diplomat says: “it does look like this can come together. I does look like this can come together as early as today...”
7/ I’m told there was important moment last night on fisheries and that VDL and Johnson have been instrumental in developments in the past 24 hours. “It’s all fish” says diplomat.
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Talks continuing, could go on for a while longer. One informed source is suggesting that because the fish deal was agreed at the high political level (btn @vonderleyen and @BorisJohnson) it was left to officials to translate it into real numbers
2/ Some reflections from an EU diplomat briefed on the rest of the deal, which appears to be in place:
3/ "There is nothing particularly surprising. It is consistent with what we've been hearing all along. The UK red lines are respected. Our concerns are also respected. Of course we have to see the fine print, but in general there is a robust level playing field."
After Michel Barnier's briefing of EU ambassadors this afternoon, here's where things stand:
2/ There is a basic deadline of Christmas Eve to get a deal. That will give the EU's legal services time to draw up a letter to send to the UK seeking provisional application of the treaty from Jan 1
3/ It's understood officials will need four days at a minimum to draft a letter seeking provisional application of the treaty (all this is on the basis that it is pretty much too late for the European Parliament to ratify the treaty on time for Jan 1)
Now that the UK has ruled out Provisional Application acc to @PippaCrerar, where were things at on the EU side with that?
2/ This morning the European Parliament ruled out ratifying any agreement before the Dec 31 deadline as there would not be enough time to scrutinise the text
3/ So, if we got a deal in the next day or two that would require a decision to go for Provisional Application on Jan 1, with the EP ratifying later.
New: European Medical Agency approves BioNtech/Pfizer vaccine following clinical trials among 40,000 participants, says vaccine meets safety, efficacy and quality standards
Exec dir Emer Cooke says EMA received data right up to the past few days from pharma companies which other regulators (UK + US) would not have received. EMA was "constantly" evaluating evidence + info was "more convincing than anticipated" hence bringing authorisation forward
EMA: no evidence yet that the new strain is susceptible to antibodies generated by vaccine, however there is evidence that the vaccine is capable of generating neutralising antibodies which can neutralise different variants with mutations within the receptor binding domain
Eleventh hour talks between the EU and UK on the final fisheries element of the post-Brexit free trade negotiations are said to be “extremely difficult”, sources have told @rtenews .
2/ It’s understood that member states are being appraised of the EU’s latest offer, which would see a 25pc cut in the value of the fish quotas caught by EU boats - including Irish vessels - in UK waters.
3/ According to one EU official, the offer made by the EU’s chief negotiator Michel Barnier would be worth €160 million to the British fisheries industry.
The UK has been pressing for more than double that, which would translate to some 60pc of the fish caught in UK waters.
@MichelBarnier has held one meeting this morning with sherpas from the 8 coastal states and another began at 1300 CET. He's essentially testing their room for manoeuvre on access and quota share but getting strong push back
2/ As a reminder, the EU starting position was that European fleets wd forego 15-18pc of the overall value of fish caught by EU boats in UK waters (€650m); the UK said that figure shd be closer to 80pc, although it has since come down to 60pc
3/ The EU proposed a 10 year phasing in period at the end of which there would be a review that would be tied to continued access to the overall single market. The UK proposed 3yrs after which all bets are off