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#EUReferendum: Church of England releases prayer for the referendum

#EUReferendum: Church of England releases prayer for the referendum

The Church of England has released a prayer for the EU referendum campaign.  The prayer is for use by churches and individuals ahead of the vote on 23 June. The Queen is the Supreme Governor of the Church of England and, while the prayer does not take sides, it does sound more ‘Remain’ than ‘Leave’. The […]

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#Romania president signs ‘mortgage walk-away’ into law

#Romania president signs ‘mortgage walk-away’ into law

Romania’s president signed into law on Thursday (28 April) a bill that enables property buyers to walk away from mortgages, setting it on a potential collision course with commercial banks, the central bank and the European Commission. The bill, which critics at home and abroad say poses serious risks to the economy, initially set no […]

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#Pontifex: Pope to be awarded Charlemagne Prize

#Pontifex: Pope to be awarded Charlemagne Prize

His Holiness, Pope Francis, will be awarded the Charlemagne Prize on 6 May. The International Charlemagne Prize of Aachen is the oldest and best-known prize awarded for work done in the service of European unification. The Pope is the first non-European recipient of the prize since 2000, when the prize was awarded to former US President […]

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#Steel: Europe introduces new prior-surveillance system for steel imports

#Steel: Europe introduces new prior-surveillance system for steel imports

The European Commission established today (29 April) a prior-surveillance system for import of steel products into the EU that will serve to anticipate short-term market developments and take the necessary actions, if and when needed. This mechanism is part of a series of measures aiming to support the EU steel sector presented on 16 March […]

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#SRB2016: ‘We should not underestimate how challenging it is to move from bail-out to bail-in,’ Commissioner Jonathan Hill

#SRB2016: ‘We should not underestimate how challenging it is to move from bail-out to bail-in,’ Commissioner Jonathan Hill

Today (29 April) the Single Resolution Board (SRB) is holding its first conference ever in Brussels where it recently found its definitive premises. “Charting the course: making bank resolution work”, is the title of today’s event which shows the determination of the SRB to firmly establish the second pillar of the Banking Union as the […]

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#StrongerIn: EU would divorce UK before any new relationship – sources

#StrongerIn: EU would divorce UK before any new relationship – sources

The European Union would insist on completing a swift divorce with Britain before starting to forge any new relationship if UK voters decide in June to leave the 28-member bloc, write Paul Taylor and Noah Barkin. Two EU sources familiar with the bloc’s latest thinking on a possible Brexit told Reuters on Thursday (28 April) […]

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#Benchmarks: European Parliament votes to stop market manipulation of benchmarks such as LIBOR and EURIBOR

#Benchmarks: European Parliament votes to stop market manipulation of benchmarks such as LIBOR and EURIBOR

The European Parliament has just voted on legislation aimed at stopping the manipulation of benchmarks. The legislation was proposed when it was discovered that more than a dozen financial institutions were involved in rigging interest rates including the LIBOR and EURIBOR interest-rate benchmarks. The EU proposal covers a wide range of benchmarks. Benchmark interest rates […]

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