Finance & Trade

EU Considers "Tax and Spend" Policies to Exit Crisis

September 17, 2014

The European Commission is considering a number of different spending measures that would seek to promote growth in the stagnant economic bloc, including a 300-billion-euro investment program proposed by the new Commissioner Jean-Claude Juncker.
EU Considers "Green" Proposals Banning Household Appliances

September 03, 2014

According to The Telegraph, following the Brussels directive banning high-powered vacuum cleaners, EU officials are considering proposals that would ban certain hairdryers, lawn mowers, and electric kettles on the basis of energy efficiency.
British Businesses Support Transfer of Power from Brussels

September 03, 2014

Reuters reports that a recent poll shows over half of U.K. businesses support the striking of a new deal between Britain and the EU that would return authority to the national capital.
EU Vacuum Directive Riles British Businesses

August 27, 2014

U.K. companies are criticizing a new EU directive banning the production and importation of vacuum cleaners that operate on over 1600 watts and requiring businesses to place an "energy rating" on vacuum packaging.
Study Finds EU Energy Policy Threatens U.K. Economy

August 20, 2014

A new study from the organization Business for Britain finds that EU energy legislation raises energy costs for U.K. companies and threatens a large number of jobs in the country's energy-intensive sectors.
U.K. Civil Servants Dispute Pro-EU Jobs Claim

August 20, 2014

A group of British civil servants and civil society representatives have disputed a claim by Chief Secretary to the Treasury Danny Alexander that three million jobs are connected to U.K. membership in the EU.
EU Announces Additional Funding to France

August 13, 2014

The Express reports that the EU has announced additional funding from its budget, funded by member states, to France for training and education to revive the country's struggling economy.
Elliott: EU Financial Tsar Would Be "Disaster" for U.K.

August 06, 2014

Matthew Elliott of Business for Britain writes that European Commission President Jean-Claude Juncker's plans for a powerful EU financial directorate would be "a call for Britain to accept flagrant economic self-harm."
Juncker Considers Establishing EU Financial Directorate

July 31, 2014

The Telegraph reports that incoming President of the European Commission Jean-Claude Juncker is considering creating a powerful financial directorate within the Commission, driving concerns within the U.K. that such a move would tilt authority to regulate the financial industry to a great extent toward Brussels.
German Courts Will Consider Legality of EU Banking Union

July 30, 2014

A group of academics have filed a complaint in the German courts alleging that the EU banking union and Single Supervisory Mechanism, set up to deal with failing European banks that are deemed risks to the European economy, are not permitted by EU law.