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#Credit: EU rules on remuneration for credit institutions and investment firms work, but proportionality principle must be clarified

#Credit: EU rules on remuneration for credit institutions and investment firms work, but proportionality principle must be clarified

The European Commission released today (28 July) a report on the remuneration rules for credit institutions and investment firms. It finds that the remuneration rules are generally effective in curbing excessive risk-taking behaviour and short-termism. These were precisely the reasons why the rules were introduced in the aftermath of the financial crisis. However, drawing in […]

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Facebook: This year’s most popular #EuropeanParliament posts so far

Facebook: This year’s most popular #EuropeanParliament posts so far

Parliament’s Facebook page is one of the most popular platforms for people to follow what MEPs are working on. More than two million people use it to discover the latest news and discuss the latest issues. But what are they interested in the most? Read on as the five most popular Facebook posts of the […]

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#SouthSudan: EU releases €40 million as humanitarian situation worsens

#SouthSudan: EU releases €40 million as humanitarian situation worsens

The European Commission has today (28 July) announced €40 million in emergency humanitarian assistance for people affected by the crisis in South Sudan, bringing the total support from the Commission to €103m for 2016. The funding comes as the humanitarian situation worsens in the country, with more than 40,000 people displaced following the eruption of […]

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Facility for refugees in #Turkey: More than €1.4 billion in support of education and health for Syrian refugees

Facility for refugees in #Turkey: More than €1.4 billion in support of education and health for Syrian refugees

The EU is delivering on its commitment to speed up the implementation of the Facility for Refugees in Turkey bringing the total amount mobilized to more than €2 billion to finance actions in the field of health, education, socio-economic support as well as humanitarian assistance for Syrian refugees. Today (28 July), the European Commission adopted […]

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#Romania government on arbitration alert from #Kazakhstan energy investors

#Romania government on arbitration alert from #Kazakhstan energy investors

International lawyers acting for Kazakh investors KazMunayGas International have issued a Notice of Investment Dispute to the Romanian  government regarding their treatment of the company’s investments in their Romanian subsidiary Rompetrol, writes James Wilson.  The Notice of Dispute details asset freezes totalling more than $2.1 billion and makes it very clear that the company is […]

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Commission registers #Let’sFly2Europe and #People4Soil European Citizens’ Initiatives

Commission registers #Let’sFly2Europe and #People4Soil European Citizens’ Initiatives

The European Commission has today (27 July) taken the decision to register the ‘LetsFly2Europe’ and ‘People4Soil’ European Citizens’ Initiatives. The ‘LetsFly2Europe’ European Citizens’ Initiative (ECI) invites the Commission to propose “an abolition of provisions under Directive 2001/51/EC which penalise transport companies allowing refugees to enter the EU via airplane”. The ‘People4Soil’ European Citizens’ Initiative invites […]

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#StabilityandGrowthPact: Fiscal proposals for #Spain and #Portugal

#StabilityandGrowthPact: Fiscal proposals for #Spain and #Portugal

Following the Council decision of 12 July 2016 that Spain and Portugal did not take effective action to correct their excessive deficits, the Commission today recommends a new fiscal adjustment path for both countries. The College of Commissioners also recommends that the fine be cancelled for both countries, a recommendation which the Council will need […]

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