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EU Commits Funding Toward "Sustainability" Agenda
December 02, 2016
In remarks on the adoption of an EU package implementing the UN's Sustainable Development Goals, the EU's High Representative for Foreign Affairs and Security Policy Federica Mogherini praised EU institutions for committing funding to non-EU countries to fulfill the global "sustainability" agenda.
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EU Proposes Centralized Business Restructuring System
December 01, 2016
As part of its Capital Markets Union Action Plan and Single Market Strategy, the European Commission has proposed a centralized EU framework, replacing "inefficient" and divergent rules in member states, under which businesses will restructure their operations prior to insolvency and the debt of failed entrepreneurs will be discharged after three years.
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EU Parliament Pushes for "Common Defence Policy"
December 01, 2016
The European Parliament has passed a resolution calling on EU institutions to strengthen the role of the European Defence Agency and to establish an EU headquarters to implement a "common Union defence policy," through which the EU can act on its own where "NATO is not willing to take the lead."
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Auditors Seek More Centralized EU Bank Supervision
December 01, 2016
The European Court of Auditors has published a press release on the progress of the EU's Single Supervisory Mechanism, a supranational bank oversight system run by the European Central Bank (ECB), asserting that the ECB relies too much on cooperation with national bank supervisory authorities to effectively complete its mission.
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Swiss Government Seeks Broad EU Treaty
November 30, 2016
EurActiv reports that the Swiss Government has published plans to propose a new treaty with the EU to the country's Parliament to replace a patchwork of deals on access to the bloc's "single market," as critics warn that such a new treaty would subject Switzerland to broader control by the Court of Justice of the EU.
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