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ECJ Ruling May Hinder Transatlantic Data Transfers
October 07, 2015
The BBC reports that a recent ruling of the Court of Justice of the EU, finding that the terms of the "Safe Harbor" agreement that governed data transfers between the EU and the US no longer binds national data regulators, will likely complicate and add costs to the work of US technology firms and other companies in Europe.
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EU Ministers Consider Automatic Sharing of Tax Rulings
October 05, 2015
Finance ministers from EU member countries are meeting this week to consider a proposal from the European Commission that would require national governments within the EU to share corporate tax rulings, potentially from up to ten years ago, automatically throughout the bloc.
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Slovakia Pursues Challenge to EU Relocation Plan
October 02, 2015
Slovakian Prime Minister Robert Fico has announced that his Government will pursue a legal challenge to a plan, recently agreed by EU interior ministers, for mandatory resettlement of 120,000 people claiming asylum in Europe.
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EU Parliament Proposes Budget Increase
October 02, 2015
Stephen Booth of Open Europe reports that the European Parliament has voted to increase spending in order to deal with issues including the current migration crisis and argues that the proposed budget complicates the UK's pre-referendum renegotiation of powers with the EU.
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EU Advances Proposal for Capital Markets Union
September 30, 2015
The European Commission has released an action plan to establish a Capital Markets Union across the EU to encourage cross-border investment and move toward "the completion of the European Economic and Monetary Union."
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