EU sources: Breakthrough needed this week or early next week for special Brexit summer in Nov. - RTRS

According to a Reuters story, citing unnamed EU sources, the mid-November EU summit on Brexit was seen less likely now, though it might still be possible in the second half of the month.

Key highlights:

   •  Breakthrough needed this week or early next for the EU Council President Tusk to be able to call a special summit of the EU leaders to endorse any Brexit deal in November.

   •  EU & UK Brexit negotiators looking at linking extension of the transition period with Irish backstop to make the latter more palatable to Britain.

   •  A planned update of EU envoys on Brexit moved from Wednesday to Friday, suggests no decisive progress yet in negotiations as EU awaits British decision on proposals on the table.

Poland NBP Base rate meets forecasts (1.5%)

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