Germany's Schaeuble says optimistic about EU reform deal with Britain

German Finance Minister Wolfgang Schaeuble said on Friday he believed European powers could reach a deal with Britain on its demands for reforms to the European Union, with terms that would still allow for deeper integration of euro zone members. Prime Minister David Cameron, who opposes any further transfer of sovereignty to the EU, wants to renegotiate relations with the bloc it joined in 1973 ahead of a referendum, due before the end of 2017, on whether to stay a member. Britain, which is not