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EU Considers Extensive Passenger Information Record
January 28, 2015
The Guardian reports that the European Commission is crafting a proposal that would require the maintenance of an EU-wide database that would store for up to five years 42 pieces of information gathered from each passenger on a flight within Europe or in and out of Europe.
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German Groups Dig in for Potential Greek Euro Exit
January 28, 2015
The Telegraph has published a set of statements from German institutes and the German Finance Minister Wolfgang Schäuble refusing to consider forgiving Greece's debt from its 2010 bailout and indicating readiness for Greece's potential exit from the euro following its recent election of anti-austerity party Syriza.
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Kamall Warns of EU Tax Harmonization
January 28, 2015
Arguing that tax competition among European countries increases business investment across the continent, British Member of the European Parliament Syed Kamall has called for resistance to proposals by EU officials to require the harmonization of tax policy across the economic bloc.
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Banks Warn of FTT's Effect on Economic Stability in EU
January 28, 2015
Following moves by the governments of France and Austria to advance a proposal for a financial transaction tax ("FTT") in many countries across the EU, a group of banking organizations published a letter warning that the FTT could have a sizable negative impact on markets across the bloc.
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U.K. Report Uncovers Waste of EU Aid Funds
January 28, 2015
British Members of Parliament on the International Development Committee have released a report detailing testimony on the misallocation and misuse of development aid funds by EU institutions charged with strengthening parliamentary systems in developing countries.
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