Brussels: Germany nears victory on EU car emissions, Clash ahe...

 
 
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Monday October 14 2013
 
 
European Union News
 
Germany nears victory on EU car emissions
 
Environment ministers are expected to delay vote on compromise legislation, and are likely to consider making changes more agreeable to Germany
 
 
 
Clash ahead over backstopping weak banks
 
New options include backing national resolution funds with guarantees, a credit line or direct loans from the European Stability Mechanism
 
 
Brussels warns on bank bailout loophole
 
Brussels has told members they will not be able to circumvent competition rules and shield all bank creditors from losses
 
 
Bank exposure to EU states' bonds on rise
 
Despite official pledges by eurozone authorities to break 'sovereign-bank nexus', government bonds accounting for more of lenders' capital
 
 
Ireland: Back on the market
 
Although the country has been lauded for its austerity programme and is about to leave the EU and IMF bailout, concerns about its recovery persist
 
 
Fears voiced over trade pact standards
 
Concerns in Europe, such as the potential impact on consumers' health, are coming from mainstream European groups with a traditionally less knee-jerk approach
 
 
Ireland on course to exit bailout
 
Ireland is set to become the first eurozone country to exit an EU-IMF bailout after a four-year austerity programme triggered by the financial crisis
 
 
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