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EU, U.K. Warn Obstacles Remain as Brexit Compromise Nears

  • Talks on Irish border are making some progress, officials say
  • Officials play down expectations that deal is imminent

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Former U.K. Shadow Chancellor Ed Balls on Brexit Negotiations
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Brexit negotiators are edging toward a compromise on the thorniest issue in talks, even as officials on both sides warned that obstacles still stand in the way of a deal.

EU chief Brexit negotiator Michel Barnier said Wednesday that a deal is within reach, and officials in Brussels and London said some progress was being made in intense negotiations. While the Telegraph reportedBloomberg Terminal late Wednesday that an agreement had been clinched, EU and U.K. officials warned in public and in private against predictions that a deal is in the bag.