• Poland and the rule of law: financial sticks, political carrots?

    Poland and the rule of law: financial sticks, political carrots?0

    After much debate, the European Commission chose to initiate the infamous ‘Article 7 procedure’ against Poland in December 2017. As the name already implies, this procedure is established in article 7 of the Treaty of the European Union (TEU) and designed to be able to take action against member states that risk breaching EU values.

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  • The CMU initiative: Is a hard Brexit really an option?

    The CMU initiative: Is a hard Brexit really an option?0

    With Brexit approaching, the Capital Markets Union (CMU) initiative acquires greater importance for the EU financial system. Faced with the looming threat of losing its pivotal financial centre and the risks it will entail, the European Commission counts on the CMU to reinforce the EU financial market. At the same time, bilateral financial relationships are too close and intertwined to imagine that a hard Brexit will provoke no harm and negotiators, being aware of the risks, make their moves carefully.

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  • Are we moving forward? – A new-generation of trade agreements for the EU

    Are we moving forward? – A new-generation of trade agreements for the EU0

    A reform of trade and investment agreements has been undergoing over the past ten years. While these agreements used to focus solely on facilitating the movement of goods and capitals, their scope is wider today and covers contemporary issues. The European trade policy also evolved and gave birth to a new-generation of free-trade agreements such as the ones concluded with Singapore, Canada or Vietnam. Several factors drove this wave of reform towards a more comprehensive approach to trade and should lead to further improvements.

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