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#ECB says ‘#HelicopterMoney’ legally feasible under conditions

#ECB says ‘#HelicopterMoney’ legally feasible under conditions

| December 6, 2016 | 0 Comments

In a public letter, Mario Draghi (pictured) recognizes that making transfers directly to citizens is legally feasible if the design of such scheme is clearly within the monetary policy framework. Since Mario Draghi first discussed the notion of helicopter money in March 2016, he repeatedly said that ‘helicopter money’ was fraught with accounting-wise, technical and […]

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Mandatory checks at #EUExternalBorders: Deal done by MEPs and ministers

Mandatory checks at #EUExternalBorders: Deal done by MEPs and ministers

| December 6, 2016 | 0 Comments

All EU citizens and third country nationals entering or leaving the EU will be checked against databases, e.g. of lost and stolen documents, under a draft law informally agreed by MEPs and EU ministers on Monday (5 December). These checks, designed to improve security inside the EU, would be mandatory for everyone. A key goal […]

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Commission welcomes member states’ backing for plan to make free #WiFi4EU available in public areas

Commission welcomes member states’ backing for plan to make free #WiFi4EU available in public areas

| December 6, 2016 | 0 Comments

Last Friday (2 December), Telecoms Council marked a first positive step towards providing free Wi-Fi connections in towns, cities and villages across Europe, according to an initiative announced by President Juncker in his State of the Union Address. Less than three months after the President of the European Commission, Jean-Claude Juncker, unveiled a scheme to […]

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EU nations near compromise on how to counter #Russia gas supply risks

EU nations near compromise on how to counter #Russia gas supply risks

| December 6, 2016 | 0 Comments

EU nations are edging toward a compromise on a proposal to guard against gas supply disruptions, agreeing to share details on contracts and cooperate across borders, the Slovak presidency said on Monday (5 December), writes Alissa de Carbonnel. Cuts in gas supplies from Russia in 2006 and 2009 exposed the bloc’s vulnerability – particularly in […]

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UK not ruling out continued budget payments after #Brexit: Hammond

UK not ruling out continued budget payments after #Brexit: Hammond

| December 6, 2016 | 0 Comments

UK Finance Minister Philip Hammond (pictured) said on Tuesday (6 December) that the government would not rule out the possibility of continuing to make payments into the European Union budget once it leaves the bloc in order to maintain good access for its exporters. “We want to keep all options open,” Hammond told reporters in […]

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For London’s food and wine businesses, #Brexit has a bitter taste

For London’s food and wine businesses, #Brexit has a bitter taste

| December 6, 2016 | 0 Comments

Importing fine foods from Spain has been a good trade for London firm Brindisa, but like many food and wine businesses that rely on the free movement of goods and workers within the European Union, it has been badly hit by Britain’s vote to leave, writes Estelle Shirbon. Launched on a shoestring by entrepreneur Monika […]

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#Transport MEPs back reform of domestic rail services: More choice for better services

#Transport MEPs back reform of domestic rail services: More choice for better services

| December 6, 2016 | 0 Comments

Easier access for all rail operators to domestic rail markets should give rail passengers more choice and better quality services under draft rules backed by Transport and Tourism Committee on Monday (5 December). The new rules combine granting access for rail operators to use rail track and stations in EU domestic rail markets and bidding, […]

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