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  • The European Banking Union & the Future of the Economic & Monetary Union

    On October 6, 2016, The European Institute held a lunch discussion with a delegation from the European Parliament’s Committee on Economic & Monetary Affairs (ECON) led by The Honorable Roberto Gualtieri, ECON Chairman and The Honorable Siegfried Mureșan, Spokesman for the European People’s Party and Substitute Member of ECON.  Chairman Gualtieri and Mr. Mureşan, along with other representatives from the ECON Committee, discussed the current status and environment of the banking union as well as the changes the European Union may need to make in order cope successfully with challenges such as Brexit, the need for greater economic growth, and the implementation of a common deposit insurance scheme. Despite differing views on some subjects, the delegation agreed on the necessity of the completion of the bank union.

European Affairs

The Journal of the European Institute

Letter from London—Mixed Reception for Trump in UK

- By Michael White, London

MichaelWhite2016

The foaming cocktail of official alarm and voter distain which greeted Donald Trump’s first flurry of presidential tweets and executive orders around the world was not mixed the same way in Brexit Britain, any more than it was in the American heartland. The Trump feedback loop is both negative and positive. Hey, if he’s upsetting all those protesting liberals, Silicon Valley and the foreigners, he must be doing something right, yes?

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Trump and May: A New Special Relationship?

- By Ambassador Robert E. Hunter, Washington DC

bod.hunter2“Special relationship” is used so often to describe Anglo-American ties that it has long since become a cliché. But it still has force, reflecting not just tangible interests but the intangibles of culture, history, and shared roots of law and politics.

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U.K. Defines Scope of Brexit as Lengthy, Complicated Negotiations Begin with Brussels

- By James D. Spellman, London

Spellman 1The leader of the United Kingdom affirmed in a much-heralded speech that her country will leave the European Union to regain control over immigration and other national laws, but equally stressed the critical need for a strong Europe and a trade arrangement that would minimize any economic fallout from Brexit as Europe’s recovery remains unsteady.

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Italy Shores Up Failing Bank: A Template for Rescuing Europe’s Other Weak Banks?

- By James David Spellman, Washington DC

Spellman 1When prospects dimmed for private funds to advert a collapse of the bank Monte dei Paschi (MPS), the Italian government stepped in before Christmas with a bailout to protect depositors’ savings and inject new capital so that the world’s oldest bank, and the country’s third largest, could survive.

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Rex Tillerson and the Russian Problem

- By Robert E. Hunter, Washington DC

bod.hunter2Washington, DC, our nation’s capital and the center of governmental angst in fair times and foul, is going through its most profound trauma in years, a collective PTSD. For most of Washington’s political class, even on the Republican side of the aisle that divides the city, “this wasn’t supposed to happen.” Hillary Clinton was to be president and Donald Trump an also-ran, a showman who provided entertainment, though all-too-often holding up a mirror to the foibles and hypocrisies of those who do politics for a living.

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OUR MUST READS

- Ben Antenore

Will the EU Fall? Three Scenarios, Four Explanations, by Frédéric Mérand,  Université de Montréal, published as a blog of the American Sociological  Association. A crisp and insightful summary of the EU crisis and where it could lead.  Recommended by European Affairs.

 
- Owen Phelps

The flow towards Europe Interactive chart showing refugee flow into Europe, country by country, based on UN data. PUBLISHED 26.10.2015 | BY VILLE SAARINEN AND JUHO OJALA

Recommended by European affairs.

 
- Owen Phelps

The collapse of the US-EU Safe Harbor: Solving the new privacy Rubik’s Cube, by Brad Smith – President and Chief Legal Officer Microsoft Corporation. A thoughtful post (Oct. 20) by the President of a company seriously impacted by the recent European Court of Justice take down of the “safe harbor” provisions of the EU for data transfer out of Europe. Smith lays out principles for moving to a new and better win-win formulation without plunging the world into “digital dark ages.” Recommended by European Affairs.

 

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OUR NEWSROOM

"EU Energy Policy - Challenges & Solutions" with Lithuanian Energy Minister Jaroslav Neverovic in The Lithuanian Tribune: "Energy Minister Neverovic discussed EU Energy Policy in Washington DC" by Virginijus Sinkevicius

The European Institute's event with Julie Brill & Jan Philipp Albrecht on "Data Protection, Privacy & Security" in The Hill: "Overnight Tech: Showdown on Spying" by Kate Tummarello & Brendan Sasso

The European Institute's event on "Data Protection, Privacy & Security: Re-Establishing Trust between Europe & the United States" in POLITICO: "EU to D.C.: Friends 'do not spy on each other'" by Tony Romm & Erin Mershon

The European Institute's event with Natalia Gherman, Foreign Minister of Moldova in Radio Free Europe: "Moldova's Foreign Minister Seeks U.S. Political, Economic Support"   

The Honorable Richard Bruton T.D., Irish Minister for Jobs, Enterprise and Innovation at The European Institute in The Irish Times: "Multinationals to advise on tax scheme" by Simon Carswell

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Programs of The European Institute
are sponsored in part by the European Union.