European Union





the European Green Deal - EU Observer: LINK ¤ EU OBSERVER

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  • "the European Commission - unveils its - one trillion Euro !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "green investment plan - to put Europe - on track !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "to reach the - 2050 - emissions-neutrality - goal !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "while also helping - regions - to move away - from fossil fuels !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to mobilise - that investment - of public - and private money !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "over 10 years - to finance the - "European Green Deal"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and meet the - climate objectives - all member states - agreed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "to green - their economies - over the next 30 years - to tackle - climate change !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the long-awaited - Just Transition Mechanism - JTM - is part of the !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "Sustainable Europe Investment Plan - which covers the - social dimension !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "of the - Green Deal - and which is supporting - European regions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

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  • "the JTM - focuses on three dimensions - economic diversification !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "re-skilling - and environmental transition - the JTM - leans on three pillars !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "a Just Transition Fund - the Invest EU program - and loans from the - European Investment Bank - EIB !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the Just Transition Fund - supports projects - that are - low-carbon !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and climate-resilient - including re-skilling programmes - jobs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "in new - economic sectors - and energy-efficient - housing !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "this fund - which generates - between30bn - to50bn - over seven years !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "explicitly excludes - any support for fossil fuels - the second major contribution !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to the JTM - comes from Invest EU - and the programme - known as the Juncker Plan !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "mobilises up to - € 45bn - in investments - finally - the EIB - works closely !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "with the EU Commission - to mobilise - between25bn - to30bn - additional investment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"


 

 

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  • "for the JTM - at least half - of EIB financing - is dedicated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "to climate action - projects - member states - are required to draw up !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • ""just transition plans" - which need to be consistent - with the !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "EU's - climate goals - and the - National Energy and Climate Plans !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "NECPs - to receive funding - to support regions - supporting a !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

 

 

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  • "cost-effective transition - to climate neutrality - by 2050 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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the European Green Deal - the Guardian: LINK ¤ the GUARDIAN

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  • "nearly every major aspect - of the European economy - is to be re-evaluated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "in light of the imperatives - of the climate - the comprehensive nature !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "of the - "European Green Deal" - which encompasses the - air - we breathe !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to how food - is grown - from how we travel - to the buildings - we inhabit !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "represents the biggest overhaul - of policy - since the foundation of the - modern EU !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "this new strategy - shows - how to transform - our way of living !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "and working - of producing - and consuming !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "so that the Europeans - live - healthier lives !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "Europe - moves first - and moves fast !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "Europe - must lead on - climate - the "European Green Deal" - shows how !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to lead the world - on climate action - with a target - of halving !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "emissions - by 2030 - and net-zero carbon - by 2050 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "under the - "European Green Deal" - regulators set - specific standards !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "on the manufacturing - of goods - to create a - circular economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "and phase out - unnecessary plastic - and other waste - before it is created !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "there are tougher - air quality requirements - and energy targets - are raised !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to generate - more energy - from renewable sources - up to 100% - by 2050 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "more freight - is transported - by rail - and water !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and greenhouse gas emissions - from air travel - are reduced !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "€ 100bn - to help finance - the transition to a - low-carbon economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "along with the potential - for a carbon border - tax - to be levied !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "on imports - to the EU - from other countries !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( which have not sufficiently stringent - carbon targets ! )"

 

 

 

 

 

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  • "Ester Asin - from the WWF - says "this package - is comprehensive"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and identifying - the right areas - for action !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "from biodiversity - and environment restoration - to climate !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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Catalunya and Scotland - Missed Link:

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  • "Catalunya - and Scotland - may want to become - European regions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the Europeans - and the EU - should consider that - as a real possibility !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "what would be - if Catalunya - and Scotland - are official - European regions ?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "in Catalunya - more than 50% - of the people say - that they want to be in an - European region !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and in Scotland - there are tendencies - in a similar direction !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( Brexit ! )"

 

 

 

 

 

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  • "there could be a - catalog - with strong minimum standards - in democracy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "for the cultural heritage - a strong social - and a strong environmental policy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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the State of Europe Address by Jean-Claude Juncker - the Guardian: LINK ¤ the GUARDIAN

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  • "Jean-Claude Juncker’s - state of Europe address - to the !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "European Parliament - is to unite - Europe !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the European Union - must go forward - says the President !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "of the European Commission - Juncker - reboot the bloc !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "and make it - more relevant - to its citizens !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "a better Europe - that is a real - driving force !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the EU - must not only - preserve - our European way - of life !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "but also empower - those - who are living - it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "improved cooperation - and solidarity - between the member states !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "and with - Europe’s institutions - that are bettered !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the people - of Europe - want results !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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the UK leaves the European Union - the Guardian: LINK ¤ the GUARDIAN

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  • "the senior EU leaders - and the President of the European Commission !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "Jean-Claude Juncker - confirm - that the UK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "has to leave - the EU - as soon as possible !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


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  • "when it came to reforms - the UK at first said - "no" - and wanted something for it !"

 

 

 

 

 

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  • "the Italian Prime Minister - Matteo Renzi - says "we must"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

 

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  • "change - the EU - to make it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"


 



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  • "more human - and more just !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

 

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  • "Europe - is our home - and it is - our future !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 


 

 

 

 

 

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EU Commission curbs corporate Tax Avoidance - Financial Times: LINK ¤ FINANCIAL TIMES

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  • "the EU Commission - sets out plans - to curb - corporate tax avoidance !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "by international companies - closing regulatory loopholes !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( LuxLeaks scandal ! )"

 

 

 

 

 

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  • "the European Commission - curbs businesses’ use - of complex !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "intra-group - debt arrangements - and contains a provision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 


 

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  • "for all countries - to apply - an "exit tax" on - intellectual property assets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "such as - patents - and further requirements - for companies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "to publicly disclose - the taxes - they paid - to individual countries !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "Pierre Moscovici - the EU commissioner for economic - and financial affairs - says !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "the EC - is determined - to crack down - on these companies - which tried !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "a fairer - and more stable - tax environment - is better - for all !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 




 

 

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EU Parliament gets behind € 315bn Investment Plan - the Guardian: LINK ¤ the GUARDIAN

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  • "Jean-Claude Juncker - the head of the EU executive - wins !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "overwhelming support - in the EU Parliament - in Strasbourg - for his !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "big initiative - the European investment fund - seeded with EU - budget money !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to deliver - € 315bn - the plan - grants to a loans-based approach !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "providing guarantees - to private investors - to fund - energy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "IT - broadband - transport - and research projects !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 


 

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  • "a vehicle - called the - European Fund for Strategic Investment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "is seeded with - € 21bn - from the EU budget - including - € 5bn - from the EIB !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "which is to translate that - into more than - € 60 billion - in loans !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "and guarantees - that - in turn - generates - € 315bn - in investment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "any contributions - by member states - are exempted from - budget deficits rules !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the stated aim - of the new scheme is - sustainability - and create good jobs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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Jean-Claude Juncker confirmed - the Guardian: LINK ¤ the GUARDIAN

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  • "Jean-Claude Juncker - is confirmed as President of the - European Commission !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "by the MEPs - in the European Parliament - EP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

 

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  • "this confirmation - marks the first time - the EU Parliament !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "is effectively - driving - the nomination !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

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EU cracks down on Banks dodging Bonus Cap - the Guardian: LINK ¤ the GUARDIAN

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  • "the EU - cracks down on - banks - dodging bonus cap !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "EU's cap on bonuses - for top staff - and can face - further action !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "from the European regulators - Michel Barnier - vice-president of the !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "European Commission - with responsibility - for financial services - warns !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • there is a - coordinated - policy response !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the EU limits - bankers' bonuses - as part of a broader package - of reforms !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "encouraging - banks - to behave - more responsibly !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 



 

 

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European Parliament Election - the Guardian: LINK ¤ the GUARDIAN

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  • "the European Parliament - now has a - strong say !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

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  • "in almost all - EU legislation - the parliamentary leaders !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

 

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  • "insist - that the job - of the new head - of the EU executive !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "after this elections - will have to go to either - Jean-Claude Juncker !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

 

 

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  • "or - Martin Schulz - the social democratic - parliamentary speaker !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"



 

 

 

 

 

 


 

 

 

 

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US Investment - US cable - 2009: LINK ¤ 09BRUSSELS171

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  • "a cable - of the US embassy described - had lobbied for - investment climate !"

 

 


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  • "EU Treaty - article 43 - EU member states - national treatment !"

 

 

 

 

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  • "investors - from other member states - "four freedoms" - capital !"

 


 

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  • "labor - goods - and persons - whether originated - from member state - or not !"

 

 

 


 

 

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US Subprime Crisis - US cable - 2008:
LINK ¤ 08BRUSSELS64

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  • "Berrigan - of ECFIN - EU economic and financial affairs - said !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "the US financial crisis - new complex - financial products !"

 

 


 

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  • ""off-balance-sheets" - financial players - defaults on securitized - subprime loans !"

 

 

 

 

 

 

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Financial Reform - US cable - 2009: LINK ¤ 09BRUSSELS208

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  • "the EU Report - on financial services - supervision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "emphasized the importance - of consistency - between EU !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the US - and global rules - this meant an !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "international process - to write - global rules !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "and put in place - the right - global architecture !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "with all levels - of activity - that international regulators - need to fulfill !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

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Financial Regulation
- US cable - 2009:
LINK ¤ 09BRUSSELS290
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  • "the EU report - noted the - US financial crisis !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "financial innovation - higher returns - increased leverage - risky assets !"

 

 

 

 

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  • "low interest rates - mortgage lending - must be better regulated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "there needed to be - sufficient oversight !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "and more - transparency - for investors !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "policy - and regulatory - increase minimum - capital requirements !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "reduce pro-cyclicality - introduce stricter rules for - off-balance sheet - items !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

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  • "tighten norms - on liquidity management - and strengthen !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "the rules - for bank's - internal control - and risk management !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"


 

 

 

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  • "credit rating agencies - the underlying economic model - needed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "to be reviewed - in order to reduce - conflicts of interest !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "particularly from the - issuer pays - model !"

 

 

 

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  • "an "European - securities authority - should be put in charge !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "of registering - and supervising - CRAs - in the EU !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "hedge funds - regulation - should be extended !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "to all entities - of a potentially - systemic nature !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "registration - and information requirements !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

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  • "should be imposed - internationally on - hedge funds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "over the counter derivatives - should be regulated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "derivatives - should be simplified - and standardized !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "to reduce risk - at least one - "central clearing counterparty"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "CCP - should be located in the EU - supervised by an !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • ""European securities authority" - and the ECB !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "EU supervisory - the structure of - EU supervision - must place !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "more emphasis - on macro-prudential - supervision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "an European - systemic risk council - ESRC - should be created !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "and given responsibility for - macro-prudential supervision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to improve - micro-prudential supervision - an European system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "of financial supervision - ESFS - should be created !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the committees - CEBS - CEIOPS - and CESR - should be transformed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "into new authorities - an European - banking authority - an European !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "insurance authority - and an European - securities authority !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "existing - national supervisors - should carry out - day-to-day supervision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "the committees - should coordinate - application - of supervisory standards !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "colleges of supervisors - should be set up - for all major - cross-border institutions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "global supervisory - the EU - has an interest !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "in the worldwide - consistency of - regulatory standards !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the financial stability forum - FSF - is the body - best placed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "to coordinate - the work - of international - standard setters !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "in achieving - international regulatory consistency - the FSF needs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "more resources - and a stronger governance structure - it should be made !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "more accountable - by reporting - and by enlarging - its membership !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "the IMF-C - IMF committee - should be transformed - into a !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "decision-making - council - the IMF - should be put in charge - of developing !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "and operating - a financial stability - early warning system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "accompanied by an - international risk map - and credit register !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

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Financial Regulation - US cable - 2009: LINK ¤ 09FRANKFURT3283

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  • "representatives of the - European - and international - financial community !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "agreed - the key lessons - from the financial crisis - included !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "banks - need better - internal risk management !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "and stricter - and more effective - regulation - at all levels !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 


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  • "numerous voices - US should - more sufficient - regulatory reforms !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 


 

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  • "like - Jacques de Larosiere - who chaired the high-level - expert group !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

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EU-Parlament stimmt für Anerkennung des Staats Palästina - der Standard: LINK ¤ der STANDARD

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  • "das EU-Parlament - stimmt für die Anerkennung des - Staats Palästina !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

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  • "das EU-Parlament - nimmt mit 498 - gegen 88 Stimmen - einen !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "Entschließungsantrag - für die Anerkennung des - Palästinenserstaates - an !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

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  • "der von fünf Parteien - gefundene Kompromiss - betont die Unterstützung !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

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  • "für die - Zwei-Staaten-Lösung - und fordert !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

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  • "die Weiterführung der - Friedensgespräche !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

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EUROPEAN UNION - Wikipedia EN: LINK ¤ EUROPEAN UNION

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  • "the European Union - EU - is a political - and economic union !!!!!!!!!!!!"

 

 

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  • "of 27 - member states - in Europe - institutions include the - European Parliament !!!!!!!!!!!!"

 

 

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  • "the Court of Justice - of the EU - and the European Central Bank - ECB !!!!!!!!!!!!"

 

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European Union - Map: LINK ¤ WIKIMEDIA
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european union - 14044EU
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