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EU Seeks Binding Rules on Capital Markets Union
July 15, 2015
Reuters reports that European Commission officials are planning to propose binding rules on EU member states in order to hasten the process of forming a "capital markets union," which they say would facilitate the raising of money from financial markets.
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ECJ Rejects German Appeal over Toy Toxin Limits
July 15, 2015
The Court of Justice of the EU ("ECJ") has rejected a German challenge seeking to preserve the country's limits, which are more stringent than those of the EU, on antimony, arsenic, and mercury levels in toys.
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Techau: EU Must Have Political Union to Survive
July 15, 2015
Director of Carnegie Europe Jan Techau writes that EU political integration is the necessary cost of economic union, and that leaders, like German Chancellor Angela Merkel, who pursue EU economic competitiveness without surrendering sovereignty are pushing for a "fundamental contradiction."
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EU Seeks to Back Greek Rescue Fund with UK Money
July 15, 2015
The Telegraph reports that despite a deal to the contrary struck by UK Prime Minister David Cameron in 2010, European Commission President Jean-Claude Juncker plans to make the UK liable for funds used to bail out Greece by using the EU budget as collateral for short-term "bridging" loans to the country.
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Elliott: Greece Deal May Reduce UK Influence in EU
July 15, 2015
Matthew Elliott of the organization Business for Britain has written an article warning that the recent deal struck on Greek debt could result in greater eurozone integration, which would hamper the UK's ability to protect its financial services and other industries from EU measures if the UK votes to remain in the bloc.
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