Finance & Trade

Kazimir: EU Must Enforce Rules on Budgets

December 31, 2014

In a recent interview, Slovak Finance Minister Peter Kazimir has urged the European Commission to discipline countries, such as France and Italy, that fail to comply with the EU's budget rules.
U.K. Faces Increasing Costs for EU

December 31, 2014

In a recent publication, the organization Business for Britain explains why the U.K.'s payments to the EU have increased and why they will continue to rise in the future.
Khan Calls for Greece to Drop Euro

December 31, 2014

In a recent article in The Telegraph, Mehreen Khan uses nine charts to explain why Greece would be better off withdrawing from the euro currency.
EU Funds Polish "Ghost" Airports

December 17, 2014

An article from EurActiv highlights the inefficiency involved in top-down planning by EU officials, as they provided over 100 million euros to fund the building of at least three "ghost" airports in Poland that did not attract enough passengers to keep them in business.
Petition Seeks to Shut Down EU-U.S. Trade Deal

December 10, 2014

The European Commission has received a petition, signed by over one million Europeans, calling for a halt to the negotiation of the Transatlantic Trade and Investment Pact ("TTIP"), a massive proposed trade deal between the U.S. and the EU.
U.K. Withdraws Complaint Against EU Banking Bonus Cap

November 26, 2014

Following the issuance of an opinion from an Advocate General of the Court of Justice of the EU ("ECJ") finding the EU's cap on bonuses to banking executives within the competence of Brussels authorities, the British Government has announced the withdrawal of its complaint against the cap from the ECJ.
EU Parliament May Encourage Break-up of Google

November 26, 2014

The Telegraph reports that Members of the European Parliament will vote on a motion calling for the European Commission to consider breaking up the internet company Google's search engine from other commercial services the company offers in Europe.
EU Commission President Faces Pressure over Tax Deals

November 12, 2014

President of the European Commission Jean-Claude Juncker is facing intense criticism over the inconsistency between EU attempts to harmonize tax policy in the bloc and the Luxembourg Government's negotiation of special corporate tax deals while Juncker was Prime Minister.
Hannan: EU Trade Policy Hinders U.K. Economy

November 05, 2014

U.K. Member of the European Parliament Dan Hannan writes that by restricting Britain from negotiating trade agreements with expanding economies outside the bloc, the EU's trade policy is holding back the U.K. economy.
U.K. Commissioner Calls for Completion of EU Banking Union

November 05, 2014

In a recent statement, the European Commissioner from the U.K. Jonathan Hill praised the establishment of the European Central Bank as the Single Supervisor of the EU banking union and encouraged the completion of the union through a Single Resolution Mechanism for banks.