• InvestEU targets creating jobs, modernising economy

      InvestEU targets creating jobs, modernising economy

      InvestEU, a new programme for the next Multiannual Financial Framework, which provides a single investment support instrument, was backed by MEPs on 16 January at the first for 2019 plenary session in Strasbourg. The new fund will pool together 13 different financial instruments that are now available, and its basis will be the European Fund for Strategic Investments (EFSI), or the Juncker Plan, that has already had impressive results.

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    • May's huge defeat leaves UK in chaos

      May's huge defeat leaves UK in chaos

      The UK headed for a political chaos after last Tuesday PM Theresa May suffered the biggest ever defeat by a sitting government with MPs rejecting her EU withdrawal agreement, but a day later survived a no confidence vote. Lawmakers voted 432-202 against her deal triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave.

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    • French cabinet triggers emergency plan to be ready for no-deal Brexit

      French cabinet triggers emergency plan to be ready for no-deal Brexit

      France has put in motion a contingency plan to deal with a possible “hard Brexit”, which includes €50m of investments to assist ports and airports, news wires reported. PM Edouard Philippe triggered on Thursday his emergency plan to prepare France for a no-deal Brexit, judging this possibility “to be less and less unlikely” after the rejection of the European Union exit deal by the British Parliament.

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    • May survives no confidence vote despite failure

      May survives no confidence vote despite failure

      Theresa May remains as Prime Minister after her government won tonight the confidence vote, tabled by opposition leader Jeremy Corbyn 24 hours ago. Her victory, however, is quite a bitter one - 306 MPs out of a total of 650 voted against her, demonstrating once again the deep division in Westminster. And those 325 that supported her were all members either of her party or allies from the Northern Ireland Unionist Party, which only proves that Tories, although unhappy with the PM, do not want to risk losing their political power in possible general elections.

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    • Changing EU tax policy

      Changing EU tax policy

      The Commission kick-started last week the debate on reforming decision-making for areas of EU taxation policy, which currently requires unanimity among Member States. This unanimity often cannot be achieved on crucial tax initiatives, and can lead to costly delays and sub-optimal policies, the EU press service reported.

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    • EU leaders urge calm on May's Brexit crash

      EU leaders urge calm on May's Brexit crash

      Leaders across Europe reacted on the House of Commons vote with caution urging all sides to consider next steps in a constructive mood. According to EU Brexit negotiator Michel Barnier, the vote showed is that the “political conditions for the ratification of the Withdrawal Agreement are not yet there in London.” He added that the EU regrets the outcome of the vote as the Withdrawal Agreement was constructed together with the British government, on an objective basis.

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    • Sweden likely to keep Lofven as PM

      Sweden likely to keep Lofven as PM

      Sweden’s Social Democratic Leader Stefan Lofven is highly expected to be chosen prime minister for another four years in power after convincing the Swedish Left Party to support his new centrist government. Lofven already has the backing of the Centre, Liberals and Greens, bringing together parties from the centre-left and center-right blocs. But after two days of talks, Left Party Leader Jonas Sjostedt also said he would back Lofven’s new coalition, giving the former welder the numbers he needs to be elected to a second term in a vote on Friday.

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    • May suffers heavy defeat during crucial Brexit vote

      May suffers heavy defeat during crucial Brexit vote

      Prime Minister Theresa May suffered the largest defeat for a sitting government in history after the House of Commons rejected with a majority of 230 her Brexit plan. According to British media MPs voted by 432 votes to 202 to reject the deal. What is even worse for May's current position as a PM - 118 Tory lawmakers joined with opposition parties and voted against her which now creates a political vacuum in the Brexit process, with no firm certainty as to what might happen next.

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    • Security staff strike blocks German airports

      Security staff strike blocks German airports

      Flights across Germany faced huge delays on Tuesday as security staff at airports conducted an 18-hour strike over pay. Officials at largest airport Frankfurt International have cancelled 570 of a planned 1,200 arrivals and departures. The airports in Berlin, Munich, Stuttgart, Hamburg, Hannover, Dresden, Leipzig/Halle, Dortmund and Erfurt were also affected

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