UK to be offered legally binding EU deal next week. EU Bulletin 11th February 2016

February 11, 2016 12:42 PM
By Peter Morris, European Movement

EU leaders will next week agree to grant Britain a "legally binding" set of measures to accommodate British demands for EU reforms ahead of an EU membership referendum later this year, EUobserver reports. According to draft conclusions of next week's EU summit, seen by EUobserver, the leaders will adopt a package of six documents on EU migration, economic governance, competitiveness, and implementation of EU laws: https://euobserver.com/institutional/132206

An agreement between American and European regulators over the $553 trillion derivatives market could bring relief to banks and large clearinghouses, which had faced the threat of higher costs and disrupted trading, the New York Times reports: http://www.nytimes.com/2016/02/11/business/dealbook/us-and-europe-reach-agreement-on-derivatives-regulation.html?emc=edit_ee_20160211&nl=todaysheadlines-europe&nlid=74103272

The European Union's executive body has proposed delaying the bloc's sweeping reform of securities markets by a year to January 2018, saying that banks and regulators need more time to prepare, Reuters reports: http://uk.reuters.com/article/uk-eu-markets-regulations-idUKKCN0VJ0VM

The European Union launched a public consultation on Wednesday (10 February) into whether to relax trade defences against China, as pressure mounts from the steel sector, which is fiercely opposed to a move that would make it harder to impose anti-dumping duties, EurActiv reports: http://www.euractiv.com/sections/trade-society/commission-calls-input-prevent-dumping-china-321754

Relations between the EU and a large group of developing countries are set to change as the Cotonou Agreement nears its end. Some argue that the cooperation deal should be enlarged into Latin America and Asia. EurActiv France reports: http://www.euractiv.com/sections/development-policy/eu-considers-enlarging-cotonou-agreement-latin-america-and-asia-321748

Equality in employment in the EU remains a goal rather than a common fact, according to an assessment by the European Parliamentary Research Service: http://epthinktank.eu/2016/02/10/the-employment-equality-directive-european-implementation-assessment/

Courtesy of Peter Morris, European Movement