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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.
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Report Finds EU Influences Nearly Two-Thirds of U.K. Law
March 04, 2015
A new study from the nongovernmental organization Business for Britain has found that approximately 65% of U.K. laws are related to regulations and directives passed by the EU.
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Abulafia: Europe "Myth" Prevents Reform
March 04, 2015
In an article announcing the launch of a project called Historians for Britain, Professor David Abulafia argues that the myth of "Europeanness," which he says has never actually existed, is holding back the reform of the EU's institutional problems and a renegotiated U.K. relationship with the bloc.