Originally Posted by Financial Times

The EU’s chief Brexit negotiator has said the main elements of an exit treaty text are ready to present to the UK cabinet on Tuesday, according to diplomats briefed on the discussions.

Speaking after late-night talks that ran to almost 3am, Michel Barnier told ministers from the EU’s remaining 27 member states that “the parameters of a possible agreement are very largely defined” but still require political endorsement.

While guarded and making clear that exchanges with London are continuing, Mr Barnier’s private comments have raised expectations in some national capitals that a breakthrough on a withdrawal text is within reach this week. Diplomats underlined that everything will turn on whether Theresa May will be able to muster support from her cabinet.