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EU Clamps Down on National Asylum Rules
September 30, 2015
Following agreement among EU countries to the mandatory resettlement of 120,000 migrants, the European Commission has announced that it has launched 40 infringement decisions against EU member states accusing them of failing to communicate the transposition of various EU directives on asylum seekers into their national laws.
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EIB Adopts Lending Strategy on Climate Change
September 30, 2015
The EU's European Investment Bank ("EIB") has agreed to a lending strategy that seeks to ensure that 25% of EIB spending supports "climate related investment," including countering global warming and mitigating its effects.
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EU Official Discounts Political Debate on Migration
September 29, 2015
Dimitris Avramopoulos, the European Commissioner on migration issues, has highlighted the lack of political accountability of the EU institutions by stating in a recent interview that the Commission "does not care about the political cost" of requiring EU member states to take in large waves of migrants from abroad.
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Worstall Predicts EU Fiscal Union Failure
September 29, 2015
In response to the French economics minister Emmanuel Macron's call for a eurozone treasury and finance minister, Forbes contributor Tim Worstall writes that EU fiscal union, which is the only way to make the euro project viable, is not politically possible in Europe at this time.
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EU Official Calls for Euro Finance Minister
September 29, 2015
European Commissioner on economic and financial affairs Pierre Moscovici has called for EU member governments to cede executive authority to a central finance minister who would handle economic crises in Europe and who would eventually be able to draw on a eurozone budget.
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