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BoE Chief: Brexit Is Test of “New Global Order”
February 14, 2019
Bank of England (BoE) Governor Mark Carney has characterized the UK’s withdrawal from the EU as “the first test of a new global order” in which governments attempt to find ways “to broaden the benefits of openness while enhancing democratic accountability.”
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Luxembourg Leads Opposition to Overhaul of EU Tax Rules
February 14, 2019
Reuters reports that a group of governments led by Luxembourg has rebuffed a European Commission proposal to phase out the requirement under EU rules of unanimity among EU member states to revise the bloc’s tax rules.
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Lawyer Examines “Terrible” Consequences of Delaying Brexit
February 14, 2019
British barrister Martin Howe QC explains why a lengthy delay in the Brexit process would cause a litany of legal problems related to the UK’s representation within the EU and practical problems related to the ongoing Brexit negotiations.
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EC Begins Work Toward €13-Billion Defense Project
February 13, 2019
The European Commission (EC) has begun partnering with EU member states to fund “joint industrial projects in the field of defence” with the aim of ramping up financing to establish a €13-billion European Defence Fund in the 2021-2027 EU budget period.
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EC Reflects on Strategies to Achieve SDGs
February 06, 2019
The European Commission (EC) has published a “reflection paper” setting out options for achieving the UN Sustainable Development Goals (SDGs) in Europe by 2030, including one scenario in which the EC develops an “overarching” SDGs strategy guiding EU institutions and the member states.
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EU Struggles to Agree Common Foreign Policy
February 05, 2019
An article in Politico highlights how the difficulty for EU member states to agree a common position on foreign policy issues, including on the situation in Venezuela and the disintegration of the Intermediate-Range Nuclear Forces Treaty, may nudge EU leaders toward deciding foreign policy positions on a non-unanimous basis.
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UK Official Floats Potential Delay in Brexit
February 05, 2019
The BBC reports that UK Foreign Secretary Jeremy Hunt has indicated the UK and the EU may need to agree to a delay in Brexit to accommodate the need to pass the appropriate legislation for Britain to withdraw from the supranational organization.
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EC Seeks UK Budget Contributions in Case of No-Deal Brexit
February 05, 2019
The European Commission (EC) has adopted a set of contingency measures meant to apply in the case of a “no-deal” Brexit, including provisions securing continued EU funding for UK beneficiaries if Britain reciprocates by “honouring its financial obligations under the EU budget.”
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UK Parliament Votes in Favor of Post-Brexit Migration Restrictions
February 04, 2019
The UK Parliament has voted in favor of legislation setting out the country’s policy on immigration after Brexit, ending free movement by citizens of EU member states and requiring them to apply for a “Temporary Leave to Remain” to stay in the UK longer than three months.
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Committee: UK “Cannot” Pursue No-Deal Brexit
February 04, 2019
The UK House of Commons’ Exiting the EU Committee recently published a response to the rejection of British Prime Minister Theresa May’s proposal EU withdrawal deal warning that leaving the EU without a negotiated deal “cannot be allowed to happen,” citing economic disruption and uncertainty regarding rights protections.