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French Vote Determines EU Future
March 15, 2017
The Economist has published an article illustrating how this year's upcoming presidential election in France is both a microcosm of a political battle in the West between globalists and nationalists and an event that will have substantial implications on the future of the EU.
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EU Warns Members on Migrant Resettlement
March 15, 2017
Faced with the failure of its refugee resettlement program to relocate a large proportion of asylum seekers in countries throughout the EU, despite progress in returning migrants to Turkey, the European Commission has warned that it "will not hesitate" to sanction members for failing to meet resettlement targets imposed by EU legislation.
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EU Paper Sets Course for Continuing Integration
March 15, 2017
An article on EurActiv highlights how a recent white paper from the European Commission outlining various paths forward for the EU appears to favor a "multi-speed" proposal allowing a core of members to quickly transfer their sovereignty to EU institutions and incorporates no scenario in which powers are comprehensively returned to the member states.
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UK Prepares for Possibility of No Brexit Deal
March 15, 2017
Reuters reports that, according to the UK's Brexit Secretary David Davis, British Government ministers must prepare not only to implement the terms of a deal forming a new relationship with the EU following the UK's exit from the bloc, but must also make provisions for the "unlikely scenario" in which the EU and UK do not reach such a deal.
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EU Considers Tougher Financial Equivalence Standards
March 15, 2017
According to a Financial Times report citing a European Commission document, the EU is planning to toughen its standards for confirming that European nations outside of the bloc have sufficiently rigorous financial rules, which would make it more difficult for British banks to interact with EU financial markets after Brexit.