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Below we give a blow by blow breakdown of what George Osborne did or did not secure at today’s EU finance ministers meeting. This basically comes down to the UK’s rebate and how it’s applied – and whether it was always going to apply to the £1.7…

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The European Commission has given France and Italy a preliminary nod through on their draft budgets for 2015. In a statement released yesterday evening, Commission Vice-President Jyrki Katainen said:”After taking into account all of the further informa…

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Open Europe Berlin Director Michael Wohlgemuth has written an interesting piece for World Review, looking at the current status of the German economy. Here it is:The German economy is showing clear signs of weakening. GDP declined by 0.2 per cent in th…

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The final discussions and votes in the European Parliament’s committees over the nominees for the new European Commission are currently taking place with most of the results already in.As expected, Lord Hill has been approved as new EU Commissioner for…

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It has been widely reported over the weekend that the European Commission (EC) is seriously considering rejecting France’s new budget proposal which will see it run a deficit of 4.3% next year rather than the EC target of 3%. As the graph above shows…

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The new French government, led by Prime Minister Manuel Valls, yesterday won its first vote of confidence in the National Assembly. That was expected, but the big news is that Valls and his government have fallen well short of winning an absolute major…

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