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#Antitrust: Commission fines maritime car carriers and car parts suppliers a total of €546 million in three separate cartel settlements

#Antitrust: Commission fines maritime car carriers and car parts suppliers a total of €546 million in three separate cartel settlements

| February 22, 2018

In three separate decisions, the European Commission has fined four maritime car carriers €395 million, two suppliers of spark plugs €76m, and two suppliers of braking systems €75m, for taking part in cartels, in breach of EU antitrust rules. All companies acknowledged their involvement in the cartels and agreed to settle the cases. Commissioner Margrethe […]

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Should banks be banning #Bitcoin?

Should banks be banning #Bitcoin?

| February 15, 2018

Over the past year, the rise of Bitcoin has been exponential with everyone seemingly jumping on this bandwagon. The value of this digital currency has hit the headlines again recently, with many banks banning their customers from purchasing Bitcoin with their credit cards. However, is this a step that the banks should be taking? Or […]

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Bigger role for #EIB to tackle #migration crisis

Bigger role for #EIB to tackle #migration crisis

| February 12, 2018 | 0 Comments

MEPs have adopted legislation enabling the European Investment Bank to lend an additional €5.3 billion to projects outside the EU. €3.7bn of this amount will be earmarked for projects addressing migration issues. Other key changes: The EIB’s mandate to lend to non-EU countries gets a fourth “high-level” objective to address the root causes of migration; […]

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Britain tells business: We cannot guarantee your #Brexit future

Britain tells business: We cannot guarantee your #Brexit future

| February 8, 2018 | 0 Comments

Britain cannot tell businesses for certain what its future relationship with the European Union will be once it leaves the bloc, Business Minister Greg Clark (pictured) said on Wednesday (7 February), ahead of government talks on its approach to Brexit, writes Alistair Smout. Businesses want more clarity from the government over what Britain’s trade and […]

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#EIB: European Investment Bank backs €6.5 billion energy, SME, transport and urban investment

#EIB: European Investment Bank backs €6.5 billion energy, SME, transport and urban investment

| February 7, 2018 | 0 Comments

At its first meeting of 2018 the Board of the European Investment Bank on 6 February approved a total of €6.5 billion of new financing for 36 projects in 17 European Union countries and schemes in Africa, Asia and Latin America. Engagement with Civil Society The Luxembourg meeting of the EIB’s 28 EU member state […]

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European Commission endorses provisions for #DataFlows and #DataProtection in EU trade agreements

European Commission endorses provisions for #DataFlows and #DataProtection in EU trade agreements

| February 5, 2018 | 0 Comments

The Commission has endorsed horizontal provisions for cross-border data flows and personal data protection in trade negotiations. As the protection of personal data is a fundamental right in the EU, it cannot be subject to negotiations in the context of EU trade agreements. Data flows between the EU and third countries can be ensured using […]

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#Glyphosate: Hysteria wins out yet again over science and rationality

#Glyphosate: Hysteria wins out yet again over science and rationality

| January 30, 2018 | 1 Comment

Germany’s decisive vote late last year ended the deadlock over whether to renew the license for the world’s most commonly used weed killer, glyphosate – though heavy pressure from certain EU member states and green groups meant that the European Commission had to settle for a five-year renewal rather than the 15-year extension initially sought. […]

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