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May Pushes for Inclusion of Financial Sector in EU Trade Deal
March 30, 2018
Reuters reports that UK Prime Minister Theresa May has made clear that she wishes the financial-services sector to be included in any post-Brexit free-trade deal with the EU, despite negative responses to this proposal from EU negotiators.
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EU Brexit Adviser Rejects UK's Trade Approach
March 30, 2018
The Guardian reports that Stefaan de Rynck, the main adviser to the EU's chief Brexit negotiator Michel Barnier, has opposed UK Prime Minister Theresa May's preferred approach of mutual recognition of standards in a wide-ranging free-trade deal with the EU, stating that the bloc has moved away from this model toward a "single EU rule book" following the financial crisis.
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Business Leaders Push for Climate-Focused EU Budget
March 29, 2018
The Prince of Wales’s Corporate Leaders Group, a coalition of European business leaders committed to implementing global climate-change rules, has published a letter to EU leaders to ensure that negotiations over the post-2020 EU budget focus on how they can best align the future finances of the bloc with the fulfillment of the 2015 Paris climate accord.
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Swiss Officials Seek Broad Treaty with EU
March 29, 2018
Reuters reports that the Swiss government has announced the outlines of a new treaty it desires to strike with the EU that would include a closer bond between EU and Swiss markets and arbitration panels to resolve disputes between the jurisdictions.
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EU Members Oppose Centralization of Euro Authority
March 29, 2018
EUobserver reports that finance ministers from eight EU member states have published a paper opposing French plans to grant broad authority to EU institutions to bail out eurozone members and banks, asserting that "far-reaching transfers of competence to the European level" could undermine trust in the euro project in the wake of the financial crisis.
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