(Oct 5): Talks on the U.K.’s exit from the European Union may be headed for failure, Austria’s Finance Minister Hartwig Loeger said.

“All of us are realizing in the latest reports: We seem to be on track for a hard landing at the moment,” Loeger said at a conference in Vienna on Thursday.

Loeger discussed the state of Brexit talks with Irish Finance Minister Paschal Donohoe last week and suggested that the Irish government’s expectations are bleak.

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