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Polish President Criticizes Multi-speed EU Proposal
September 18, 2017
Bloomberg reports that, at a recent economic forum, Polish President Andrzej Duda warned that Western European countries pushing for a multi-speed EU, in which some countries could transfer their sovereign powers to the supranational organization at a faster pace than others, threaten to a create a "B-Class" of EU members and risk the dissolution of the bloc.
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EU Agency Explores Progress on Climate Agenda
September 18, 2017
The European Environment Agency has published an annual report pushing for a quicker transition within the EU-wide energy system from reliance on fossil fuels to renewable energy sources, in line with the global climate change agenda.
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Article Calls for More EU Pressure on Poland, Hungary
September 15, 2017
In a recent article for Carnegie Europe, former Austrian official Stefan Lehne calls on EU member states to join the EU institutions in placing pressure on Central European members Hungary and Poland to respect Western values, lamenting that a "sovereignty reflex" within some countries has been a "major constraint on the supranational oversight" of such principles.
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EU Official Derides "Stupid" UK Decision on Brexit
September 15, 2017
The Telegraph reports that Martin Selmayr, Chief of Staff to European Commission President Jean-Claude Juncker, has labeled the British decision to leave the EU "stupid" and, while acknowledging that it is legally possible for the British public to reverse the choice, asserted that "Brexit will happen" in 2019.
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EU Body Seeks Bank Subsidiary Requirements
September 15, 2017
Reuters reports that, in response to similar legislation in the US, the European Commission has produced a discussion paper pushing for regulations requiring that foreign banks doing business in the EU set up subsidiary structures within the bloc permitting EU institutions to scrutinize their activities.