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EU Finance Tax Faces Fresh Opposition
May 06, 2016
Bloomberg reports that EU member states seeking to implement a tax on financial transactions in the bloc are facing new problems as Belgian Finance Minister Johan Van Overtveldt has signaled that his country may pull out of the agreement.
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EU Court Ruling Sparks Drop in Business Carbon Permits
May 05, 2016
Bloomberg reports that carbon emissions permits for businesses operating in the EU have dropped precipitously since the Court of Justice of the EU ("ECJ") issued a decision finding that the European Commission had issued too many permits since an expansion of the carbon program in 2013 and requiring it to correct errors in its calculation of free allowances.
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FRA Seeks EU Monitoring Mechanism on Fundamental Values
May 04, 2016
At a meeting in Brussels with representatives from EU institutions, the Court of Justice of the EU, and the Council of Europe's Venice Commission, the EU Agency for Fundamental Rights ("FRA") advised participants on developing a mechanism to monitor compliance by the EU and its members with the rule of law, democracy, and fundamental rights.
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EU Proposes Integrated Arctic Policy
May 04, 2016
Deutsche Welle reports that the European Commission has proposed its first-ever integrated action plan for Arctic policy, containing 39 actions centering around countering climate change, furthering the UN agenda on "sustainability," and dealing with economic and social issues in the region.
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EU Threatens Legal Action over Spanish Wetlands
May 04, 2016
WWF has praised a communication from the European Commission threatening to refer Spain to the Court of Justice of the EU if it does not comply in two months with the EU Water Framework Directive to improve water management in the country's Doñana wetlands.
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