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UK PM Confirms Steady Course on Brexit
August 04, 2017
Reuters reports that, despite her governing party's loss of seats in the June general election, UK Prime Minister Theresa May has asserted that her strategy toward negotiating Britain's exit from the EU, including leaving the European Economic Area and the EU customs union, has not changed.
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ECtHR Rejects Complaint from Dismissed Turkish Civil Servant
August 04, 2017
The European Court of Human Rights (ECtHR) has dismissed a complaint from a Turkish civil servant who was fired from his position following the failed coup attempt in the country in 2016 because he failed to exhaust his domestic remedies by filing a complaint before a Turkish commission established to review complaints of wrongful dismissal from the civil service.
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EU Introduces Measures to Advance Capital Markets Union
August 04, 2017
In June, the European Commission unveiled plans to further the completion of the EU Capital Markets Union through such measures as a "pan-European personal pension product" and further expansion of the framework for supervising capital markets in the European Securities and Markets Authority.
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Germany, France Support Bulgarian Euro Accession
August 04, 2017
Bloomberg reports that President Emmanuel Macron of France and Chancellor Angela Merkel of Germany have expressed their support for permitting EU member Bulgaria to enter the ERM-2 exchange-rate mechanism, the precursor group to adopting the euro currency.
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EU Approves Joint Military Funding, Command Center
August 04, 2017
The Economic Times reports that, a day after the European Commission offered a 1.5 billion euro budget for greater EU defense cooperation proposed by France and Germany, EU member states agreed to establish a military command center in Brussels that will oversee training missions in African countries.
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