The European Union may have to extend the deadline for talks over a new trading relationship with Britain, according to European Commission President Ursula von der Leyen.

Von der Leyen told French paper Les Echos that both sides need to think seriously about whether there is enough time to negotiate a new trade deal.

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“It would be reasonable to evaluate the situation mid-year and then, if necessary, agree on extending the transition period,” she told the paper.

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