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Poland Tempers EU Refugee Pledge
November 30, 2015
Incoming Polish Minister of European Affairs Konrad Szymanski has warned that in light of the attacks by the Islamic State in Paris, it will not fulfill its pledge to take 4,500 refugees from the Middle East and North Africa without "security guarantees."
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MEP Calls for End to "Feeble" UK-EU Negotiation
November 30, 2015
UK Member of the European Parliament ("MEP") David Campbell Bannerman, a co-chairman of euroskeptic group Conservatives for Britain, has called for the UK to end what he deems to be a limited renegotiation of powers with the EU and instead give notice of its withdrawal from the bloc.
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Official: EU Prevents Warfare in Europe
November 30, 2015
The Telegraph reports that First Vice President of the European Commission Frans Timmermans has argued that based on evidence from European history, any alternatives to EU integration could lead to warfare among European countries.
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EU Proposes Shared Bank Deposit Insurance Plan
November 25, 2015
As it ramps up efforts toward a completed banking and monetary union, the European Commission has proposed a European Deposit Insurance Scheme that would create a common EU fund to protect savings accounts at European banks of up to 100,000 euros in case of bank insolvency.
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ECB Seeks Further Harmonization of Bank Regulation
November 25, 2015
The European Central Bank ("ECB") has launched a consultation over a draft regulation seeking to harmonize how countries supervise banks within the EU.
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