The EU may need to extend the deadline for talks about a new trade relationship with Britain, European Commission President Ursula von der Leyen has said. Both sides need to seriously think about whether there is enough time to negotiate a new trade deal and work out agreements about a series of other issues, she told French daily Les Echos in an interview published on Friday. “It would be reasonable to evaluate the situation mid-year and then, if necessary, agree on extending the transition period,” she noted. Britain has set a hard deadline of December 2020 for reaching a new trade deal with the EU, betting that the prospect of another Brexit cliff-edge would force
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