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ECB Board Member Seeks Completion of Banking Union
May 25, 2017
In a set of talking points for a panel on "relaunching the eurozone," member of the executive board of the European Central Bank (ECB) Peter Praet promotes the need for an "ambitious timetable" to complete the EU's "banking union" in order to provide for centralized supervision of banks and a financial "backstop" to cover the risks of failing financial institutions.
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EU Aims for Post-Brexit Eurozone Expansion
May 24, 2017
Reuters reports that the EU's economics commissioner Pierre Moscovici has previewed plans by the European Commission after Brexit to expand the eurozone by making the euro currency "attractive" enough that countries that have not yet adopted it view joining the currency as "an offer you cannot refuse."
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MEPs Support Independent Scotland in EU
May 24, 2017
The Scotsman reports that 50 Members of the European Parliament (MEPs) have signed a letter to the Scottish Parliament supporting the "swift" entry of an independent Scotland into the EU, raising concerns over EU interference in UK domestic politics and sovereignty.
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ECtHR: Transgender Sterilization Law Violated Rights
May 24, 2017
The New York Times reports that the European Court of Human Rights (ECtHR) has held a French law requiring people who wish to change the sex listed on their government documents to be sterilized violated the human right to "respect for private and family life."
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Negotiator Seeks Post-Brexit EU Rights for Britons
May 24, 2017
The European Parliament's chief negotiator for Brexit, Guy Verhofstadt, recently called for the EU and UK to negotiate an agreement permitting British nationals to retain their EU-guaranteed rights after the country departs the bloc, leaving open the possibility that the Court of Justice of the EU would continue to operate in Britain to adjudicate those rights following Brexit.