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EU Official Aims to Reassure Britain on Immigration
March 11, 2015
First Vice-President of the European Commission Frans Timmermans has stated that EU legislation does not prohibit U.K. rules restricting migrants' access to social security and has called on the EU to "limit action to where it is urgently needed."
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EU Plans External Migration Centers
March 11, 2015
In a move toward the development of a common EU asylum policy, The Guardian reports that the EU is planning to create immigrant-processing centers outside the bloc in offices and embassies in such countries as Egypt, Niger, and Turkey.
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EU Guidelines Expand Reach of Banking Bonus Cap
March 11, 2015
Guidelines issued by the European Banking Authority ("EBA") on the new EU bonus cap for banks clarify that the EBA will apply the cap to all credit firms and their subsidiaries, as well as to allowances that many British firms have been issuing in order to avoid the effects of the cap.
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EU Official Pushes United European Foreign Policy
March 11, 2015
In a recent speech in the U.K., EU High Representative for Foreign Affairs Federica Mogherini labeled the EU a "superpower" and indicated her hopes, by the end of her five-year term, to see "Europe speak with one voice and one flag" on foreign policy.
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EU Alleges Hungary Infringed Bloc's Energy Rules
March 11, 2015
Hungary Today reports that the European Commission has launched an infringement procedure against Hungary alleging that the country may have violated EU energy rules regarding such issues as ownership and regulatory independence.