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UK, New Zealand Move Toward Post-Brexit Trade Deal
October 20, 2016
The UK and New Zealand have announced that they will hold regular talks on trade policy in order to prepare for the negotiation of a free trade deal between the countries when Britain leaves the EU.
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EU Committee Seeks Strengthened "Rule of Law" Monitoring
October 19, 2016
Politico reports that the European Parliament's Civil Liberties Committee has adopted a report calling for the creation of a European Pact for Democracy, the Rule of Law and Fundamental Rights to provide a "non-politically motivated" mechanism through which EU officials can monitor the justice systems of the bloc's member states.
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Former ECB Economist Predicts Failure of Euro
October 19, 2016
The Telegraph reports that the first chief economist of the European Central Bank and contributor to the construction of the euro currency, Omar Issing, has warned that, due to failure of the EU institutions to abide by rules preventing bailouts and providing for budgetary discipline, the single currency project is doomed to "collapse."
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Economist Calls for Austrian Exit from EU
October 19, 2016
Chris Tomlinson writes that economist and academic Hans-Werner Sinn has argued that, in response to the increased risk of countries with poorer economies dominating EU institutions following Britain's exit from the bloc, Austria should leave the EU by canceling the Maastricht Treaty of 1992 and, in return for rejoining, demand reforms to the way the Union works.
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German Court Rejects CETA Challenge
October 19, 2016
The BBC reports that Germany's Constitutional Court has rejected a legal challenge to the EU-Canada Comprehensive Economic and Trade Agreement in which opponents of the deal argued that it would violate the country's constitution by partly taking effect before all EU national parliaments approve it.
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