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UK Labour Leader Offers Support for Brexit Deal with Customs Union
February 07, 2019
A letter from the head of the UK Labour Party Jeremy Corbyn offers the opposition party’s support for Prime Minister Theresa May’s EU withdrawal deal if the government makes a set of legally binding commitments, including a pledge to remain in a customs union with the EU and align the country with the bloc’s single market.
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EU Official Faces Criticism over Blocked Railroad Merger
February 07, 2019
AP reports that European Commissioner for Competition Margrethe Vestager’s decision to block a merger between French and German railroad companies has prompted criticism from both countries and calls from officials for a revision of EU antitrust rules to help European businesses compete with external companies, especially in China.
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Ireland Asks EU for Long-term Funding in Case of No-Deal Brexit
February 06, 2019
The Guardian reports that the Irish government is calling for long-term funding from the EU to offset the country’s predicted loss in food exports to Britain if the UK leaves the bloc without a deal at the end of March.
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Unions Push for UK Commitment to EU Standards After Brexit
February 06, 2019
The Guardian reports that British trade union leaders are demanding that Prime Minister Theresa May include provisions in her Brexit deal with the EU committing the UK to follow EU standards on worker rights and environmental protection after Britain leaves the bloc.
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EU Institutions Agree to Harmonize Asset Marketing Rules
February 06, 2019
The European Parliament and EU Council have reached an agreement on legislation to harmonize rules across EU member states to encourage the marketing of funds by asset managers across the bloc and to take another step toward the construction of an EU “Capital Markets Union.”
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