The Trader 

Market Outlook: Merkel to do deals alone

The Trader

At yesterday’s emergency, mini-summit meeting of 16 EU leaders in Brussels to discuss migration (ahead of a proper summit of the European Council on 28-29 June), on arrival Chancellor Merkel said, ‘’we know that at the European Council, unfortunately, we will not have a complete solution of the migration issue’’.  Therefore, she will look to cut deals directly with separate EU states.  She added, ‘’there will be bilateral and trilateral agreements, how we can help each other, not always wait for all 28 members’’.

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