The Wall Street Journal
Brexit Report

German Coalition Talks Miss Deadline, Macron’s Benefits Gamble, Draghi Defends Cautious Approach

Brexit & Beyond: Europe in Flux is The Wall Street Journal’s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here.

Must Reads

German chancellor Angela Merkel. Coalition talks missed a self-imposed deadline on Friday. Photo: Wolfgang Kumm/dpa (Credit Image: Wolfgang Kumm/Zuma Press

German Coalition Talks Fail to Bridge Gaps as Deadline Passes: Angela Merkel’s path to a fourth term as German chancellor hit a hurdle when negotiations to form the country’s first three-party coalition reached a self-imposed deadline without an agreement on key policy areas.

Should You Get Jobless Benefits After Quitting? ‘Oui’ Says Macron: French President Emmanuel Macron plans to extend unemployment payments—until now reserved for fired or laid-off workers—to people who voluntarily leave their jobs to start their own businesses or take up on-demand work like dri ving for Uber.

Draghi: Upbeat on Economy, But Stimulus Still Needed: European Central Bank President Mario Draghi delivered a glowing report card on the eurozone economy on Friday, but indicated that the ECB is in no rush to start raising interest rates, Dow Jones Newswires reports.

U.K. Faces Hurdles on Path to a Free-Trade Era: British leaders envision a free-trade bonanza from Brexit, but they confront some thorny challenges in just keeping the global trade benefits Britain already enjoys as a European Union member.

Carney: BOE Will Act When ‘Concrete’ Details on Brexit Are Known: The Bank of England's senior officials pledged to act quickly to control inflation and support the economy once there is "concrete" information about the kind of deal the U.K. is going to strike as it leaves the European Union, Dow Jones Newswires reports.

Notorious Sicilian Mob Boss Salvatore ‘Toto’ Riina Dies at Age 87: Italian media say Mafia “boss of bosses” Salvatore “Toto” Riina died while serving multiple life sentences. He was 87 years old.

In the Papers

Two Weeks to Unlock Brexit, EU Tells MayReuters

Lawyers Take On the Hacks in Tory Brexit BattlePolitico

Britain Prepares Case to Cut Brexit Divorce BillFinancial Times

Frankfurt Prepares for Brexit: 'It Has Put Extra Wind Into Our Sails'The Guardian

Ireland Demands Border Promise Before Brexit Trade TalksBBC News

For breaking news and intelligence on Brexit, finance, markets, deals and people from London, download WSJ City for iPhone or Android smartphone. And you can find more analysis of politics, economics and regulation in the European Union over on Real Time Brussels. 

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