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EU President Rejects Push to Withhold Funds over Rule of Law
August 03, 2017
At a conference hosted by the German foreign ministry, European Commission President Jean-Claude Juncker warned that a German proposal to block access to EU funding for countries that fail to pursue the bloc's fiscal or democratic principles would be unhelpful in that it would divide EU member states.
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OECD Sees No Bar to EU-UK Free Financial Trade
August 03, 2017
The Daily Telegraph reports that the Organisation for Economic Co-operation and Development (OECD) has found no bar within its global Code of Liberalisation to free trade in financial services between the EU and UK after Brexit and has urged the continuance of such trade to avoid "starving the EU of the capital vital to its economy and breaking up the valuable City of London."
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Former EU Judge Warns of Impacts of Messy EU-UK Divorce
August 03, 2017
The Daily Mail reports that former Court of Justice of the EU (ECJ) Judge Franklin Dehousse has warned that the EU's "divorce bill" demands of Britain in negotiations over Brexit could risk the important relationship between the two partners and that negotiators should avoid resorting to the ECJ to resolve legal issues due to the institution's "very heavy procedures and very high costs."
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EU Body Orders Countries to Cut Port Tax Breaks
August 03, 2017
The European Commission has demanded that the governments of France and Belgium stop granting reduced corporate tax rates to their ports, arguing that such policies violate EU rules prohibiting certain state aid to industry.
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EU to Fund Health Food Options in Schools
August 03, 2017
The European Commission is implementing a new scheme that funds the distribution of vegetables, fruit, and milk products to schoolchildren across the EU as a way to promote "healthy eating habits among children."
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