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EU Chief Calls for Guaranteed Income
January 27, 2017
Reuters reports that, in the lead-up to the European Commission's ambitious overhaul of social rights policy through its European Pillar of Social Rights, Commission President Jean-Claude Juncker asserted that all EU members should guarantee a minimum salary for workers and a minimum level of income for those who are unemployed.
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ECB Official Outlines Steps Toward EU Banking Union
January 27, 2017
At a recent conference in Rome, Peter Praet, a Member of the Executive Board of the European Central Bank (ECB), highlighted the mission of the ECB to push the EU to overcome the traditional jurisdiction of national governments over banking rules in order to centralize them at the EU level with a European Banking Union.
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EU Consults Global Actors on Social Rights
January 26, 2017
The European Commission recently hosted a high-level conference in Brussels seeking input from the global community, including "social partners and civil society," on its plans for a European Pillar of Social Rights that will seek to advance "fairness and social justice in Europe."
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MEPs Call for Centralization of Labor Policy
January 26, 2017
Members of the European Parliament have approved a report calling on the European Commission to include in its plans for a European Pillar of Social Rights "EU-wide rules on decent working conditions to apply to all forms of employment" and the introduction of EU social security cards.
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ECJ: ECB Is Not Liable for Greek Debt Losses
January 26, 2017
Finding that commercial banks cannot rely on "the principle of legal certainty" in the area of monetary policy, the Court of Justice of the EU has dismissed a complaint from financial institutions alleging that their losses from the restructuring of Greek debt violated EU law.
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