• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Brexit

Angela Merkel Has Sent a Positive Signal to Theresa May on Brexit Talks

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
October 19, 2017, 11:15 PM ET
Leaders Meet In Brussels For European Council Meeting - Day One
BRUSSELS, BELGIUM - OCTOBER 19: German Chancellor Angela Merkel and Britain's Prime Minister Theresa May arrive for a round table meeting on October 19, 2017 in Brussels, Belgium. Under discussion are the Iran Nuclear Deal, Brexit and North Korea. Mrs May has offered assurances to EU nationals that her government will make it as easy as possible to remain living in the United Kingdom after Brexit. (Photo by Dan Kitwood/Getty Images)Dan Kitwood—Getty Images
Add Fortune on Google for similar content.

German Chancellor Angela Merkel offered one of her most positive assessments of Brexit talks in months on Thursday, saying she believed negotiations between the EU and Britain were moving forward and dismissing the prospect of a breakdown.

Merkel made her comments after the first day of a European Union summit at which British Prime Minister Theresa May appealed to her fellow leaders to help her silence critics at home and break a deadlock in the talks.

“In contrast to how it is portrayed in the British press, my impression is that these talks are moving forward step by step,” Merkel told reporters, dismissing suggestions from some in Britain that thetalks should be broken off as “absurd”.

“I have absolutely no doubts that if we are all focused … that we can get a good result. From my side there are no indications at all that we won’t succeed,” she said.

Earlier, in remarks delivered at the end of a dinner of butternut gnocchi and pheasant supreme, May sought to calm fears that Britain would use its departure in March 2019 to undercut the bloc’s economy by lowering standards and taxes.

She asked EU leaders to respond in kind to her efforts to break the Brexit stalemate, making clear she was disappointed at their plan to announce on Friday that talks have not yet made enough progress to move on to a discussion of future trade ties.

The EU is seeking a clearer commitment from Britain that it will settle financial obligations linked to its exit. Leaders will on Friday set a target of December for London to improve its divorce settlement offer.

But they will also make a gesture by launching internal preparations for the next phase of the negotiations.

In choreography that contrasted with images of May standing isolated in Brussels at previous summits, Merkel and French President Emmanuel Macron were filmed by television cameras engaging the British prime minister in an animated conversation at the start of the summit.

Merkel said the three had been discussing the need to safeguard the Iran nuclear deal after U.S. President Donald Trump’s decision last week to “decertify” it.

 

Difficult politics

May underlined the “difficult political background” she faces if she returns home empty-handed and said she had realised at the end of the summer what difficulties the talks were in.

“I took stock, listened to what the people in the UK were saying and what my friends and partners in Europe were saying and I made a step forward,” she was quoted as saying by a British official, referring to a speech she made in Florence on Sept. 22.

Merkel repeatedly referred to the speech as an “important” signal from May.

There was no discussion after May spoke, according to an EU diplomat. Donald Tusk, who chairs EU summits, said only that the leaders took note of her comments. Dutch Prime Minister Mark Rutte told reporters that she had made no new proposals.

Weakened after losing her Conservatives’ majority in a June election and by failing to rally support at an ill-fated party conference, May needs to keep the talks on the road to silence the voices calling for her to walk away from the negotiations.

The talks have stalled largely over how much money Britain owes when it leaves the bloc, with EU leaders urging May on Thursday to give more detail on how she will settle the bill.

For more on Angela Merkel, watch Fortune’s video:

May instead proposed more moves to protect the rights of EU citizens in Britain – one of three issues the bloc says must be settled before moving to discuss a future trading relationship.

After May leaves the summit on Friday morning, the other 27 leaders are due to call on their staff to prepare for talks on a transition period that would smooth Britain’s exit in 2019.

That may be enough for May to stave off an attempt by several Brexit campaigners for her to walk away.

“There is increasingly a sense that we must work together to get to an outcome we can stand behind and defend to our people,” May told the other leaders, according to the British official.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
22 hours ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
Success
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.