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EU Resolution Calls for Court Ruling on CETA
December 05, 2016
The Independent reports that the European Parliament will vote on a resolution proposing to require the Court of Justice of the EU to rule on the compatibility of the Canada-EU Comprehensive Economic and Trade Agreement (CETA) with existing EU treaties prior to the implementation of the agreement.
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Norway Calls on UK to Maintain Close Ties with EU
December 02, 2016
Norwegian Trade and Industry Minister Monica Maeland has intervened in the debate over the UK's relationship with the EU following Brexit by arguing that it would be in Norway's interest for the UK to remain "closely tied" to the EU's "common market."
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Switzerland Open to UK Accession to EFTA
December 02, 2016
Swiss President Johann Schneider-Ammann has announced that Switzerland would agree to talks on the reentry by the UK into the European Free Trade Association (EFTA), a free trade zone comprising Switzerland, Iceland, Norway, and Liechtenstein that maintains access to the EU's "single market," upon the country's exit from the EU.
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EU Commits Funding Toward "Sustainability" Agenda
December 02, 2016
In remarks on the adoption of an EU package implementing the UN's Sustainable Development Goals, the EU's High Representative for Foreign Affairs and Security Policy Federica Mogherini praised EU institutions for committing funding to non-EU countries to fulfill the global "sustainability" agenda.
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EU Proposes Centralized Business Restructuring System
December 01, 2016
As part of its Capital Markets Union Action Plan and Single Market Strategy, the European Commission has proposed a centralized EU framework, replacing "inefficient" and divergent rules in member states, under which businesses will restructure their operations prior to insolvency and the debt of failed entrepreneurs will be discharged after three years.
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