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EU Officials Reject Johnson’s Demands for New Brexit Deal
July 26, 2019
Bloomberg reports that EU officials, including the European Commission’s chief Brexit negotiator Michel Barnier, have refused to accept demands from new UK Prime Minister Boris Johnson to renegotiate the Brexit deal to take out the controversial “Irish backstop” provision.
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Australian PM Seeks Quick Trade Deal with Post-Brexit UK
July 26, 2019
Politico reports that Australian Prime Minister Scott Morrison has said he is ready to strike a trade deal with the UK in a matter of weeks or months after Britain withdraws from the EU customs union.
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EC Proposes Framework for Eurozone Budgetary Instrument
July 25, 2019
The European Commission (EC) has proposed a governance framework for a eurozone Budgetary Instrument for Convergence and Competitiveness that will set priorities for investments and reforms to promote the convergence of the economies within the currency area.
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EU Regulators Seek Tech Business-Model Changes
July 24, 2019
Politico reports that EU regulators are increasingly focusing on “structural remedies” for tech companies that fail to meet EU data standards, including by creating barriers preventing corporate subsidiaries from combining user data.
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UK Peer: Irish "Backstop” Would Harm Good Friday Agreement
July 23, 2019
Lord David Trimble, who helped negotiate the 1998 Good Friday Agreement between the British and Irish governments, has argued that the potential separation of Northern Irish territory from the UK’s market under the Irish "backstop” provision of the current EU-UK Brexit deal would “wreck” the Good Friday Agreement.
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