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ECJ Rejects Challenge to Bond-Buying Program
June 16, 2015
Setting aside reasoning from the German Federal Constitutional Court, which referred the case, the Court of Justice of the EU ("ECJ") has rejected a challenge from a group in Germany arguing that a bond-buying program announced by the European Central Bank exceeded the institution's mandate.
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Cameron: Rights Based on Magna Carta Have Become "Distorted"
June 15, 2015
In a speech marking the 800th anniversary of Magna Carta that has been interpreted as targeting the European Court of Human Rights, U.K. Prime Minister David Cameron said it fell to the current generation to restore the "good name" of human rights, which have been "distorted and devalued" over time.
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Hannan: TTIP Criticism Applies to EU
June 12, 2015
UK Member of the European Parliament Daniel Hannan writes that anti-corporate arguments against the prospective Transatlantic Trade and Investment Partnership ("TTIP") between the EU and the US should prompt scrutiny of the EU's preference for corporations and NGOs over national sovereignty.
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EU Investigates Amazon E-Books Business
June 12, 2015
As it pursues investigations into the operations of several US-based technology companies in Europe, the European Commission has announced that it has launched an investigation over whether tech giant Amazon used its dominant position in e-books to favor its own products over others.
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Italian Minister Seeks Eurozone Common Budget
June 11, 2015
In The Guardian, Italian Foreign Minister Pier Carlo Padoan writes that eurozone leaders should push an "ambitious" agenda that includes a common budget and a joint unemployment insurance plan.