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Post EU Referendum...Part II

Post EU Referendum...Part II

Old Mar 22nd 2020, 10:17 am
  #19486  
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Default Re: Post EU Referendum...Part II

Well here's some good Brexit news. Finally, that imaginary EU law that always forced Britain to host "corrupt oligarchs" is no longer in force. Britain won't be considered the most corrupt anymore!

Corrupt oligarchs must be banned from UK and their assets frozen under post-Brexit sanctions regime

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Old Mar 22nd 2020, 10:38 am
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Default Re: Post EU Referendum...Part II

Originally Posted by amideislas View Post
Well here's some good Brexit news. Finally, that imaginary EU law that always forced Britain to host "corrupt oligarchs" is no longer in force. Britain won't be considered the most corrupt anymore!

Corrupt oligarchs must be banned from UK and their assets frozen under post-Brexit sanctions regime

... Amazing isn't it. When the last officially admitted govt statistic was 'only £90 million per year' of dirty money, but the more likely estimate is in the Billions, or between 8% -17% of GDP, it puts things in perspective.
If, say, 12% of UK annual "wealth generation" is dirty, it proves that crime does in fact pay.
I'm sure the oligarchs are quaking.
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Old Apr 7th 2020, 9:38 am
  #19488  
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Default Re: Post EU Referendum...Part II

https://www.msn.com/en-us/money/comp...id/ar-BB115exw

It's good to see the EU focusing on the right things during this time of pandemic - from a couple of weeks ago:

Italy was slapped with a 7.5 million-euro ($8.5 million) fine by the European Union’s top court for failing to follow an order to recoup illegal state aid given to the hotel industry in Sardinia.

The nation, which is grappling with an unprecedented crisis from the coronavirus, will also have to pay a daily fine of 80,000 euros until it complies with the order, the EU Court of Justice in Luxembourg ruled on Thursday.
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Old Apr 7th 2020, 9:59 am
  #19489  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
https://www.msn.com/en-us/money/comp...id/ar-BB115exw

It's good to see the EU focusing on the right things during this time of pandemic - from a couple of weeks ago:
If they didn't fine them, you'd laugh at them being soft or incompetent or not fit for purpose or something.

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Old Apr 7th 2020, 10:01 am
  #19490  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
https://www.msn.com/en-us/money/comp...id/ar-BB115exw

It's good to see the EU focusing on the right things during this time of pandemic - from a couple of weeks ago:
Did you really expect anything else? As usual they are ultimately interested in their own political survival and not a great deal else.
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Old Apr 7th 2020, 10:01 am
  #19491  
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Default Re: Post EU Referendum...Part II

Originally Posted by Scamp View Post
If they didn't fine them, you'd laugh at them being soft or incompetent or not fit for purpose or something.
One wonders if they considered putting it off for a few months.
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Old Apr 7th 2020, 10:14 am
  #19492  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
One wonders if they considered putting it off for a few months.
It's actually quite dangerous. Right now some of the alternative media sources that I follow are indicating China's intention to effectively turn EU member states against each other and paint themselves in a positive light to some EU countries in the wake of the current situation. It unfortunately seems like their efforts are paying off as well and the EU placing additional financial pressure on Italy while China appears to be offering support isn't going to help the EU's cause.
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Old Apr 7th 2020, 11:05 am
  #19493  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
One wonders if they considered putting it off for a few months.
Here are the outlines of the case; https://eur-lex.europa.eu/legal-cont...%3A62018CN0576

Decision 2008/854/EC of 2 July 2008,
concerning an aid scheme for the hotel industry in Sardinia (Regional Law No 9 of 1998 — misuse of aid measure No 272/98), published in the Official Journal of the European Union L 302 of 13 November 2008, the Commission declared that the State aid in question granted by Italy was unlawful and incompatible with the internal market and ordered its recovery.

By judgment of 29 March 2012 in Case C-243/10, Commission v Italy, the Court declared that Italy had failed in its obligations under that decision by failing to adopt, within the prescribed period, all of the measures necessary to ensure recovery from the beneficiaries of the aid granted in the context of the scheme set out under that decision.

After a period of more than six years since that judgment, despite the numerous requests made by the Commission to the Italian Government, a large part of the aid in question has not yet been recovered. The arguments put forward in that respect by the Italian Government, in particular in relation to pending national proceedings, do not amount to valid justifications for such a failure. It therefore follows that, as at the date of filing of the present action, Italy has not yet recovered all of the aid and has thus not complied in full with the judgment of the Court in Case C-243/10.

The Commission accordingly requests the Court to declare that Italy has infringed Article 260 TFEU and to order it to pay a lump sum and a half-yearly penalty for as long as there is not full compliance with the judgment in Case C-243/10.
I think Italian governments have had long enough to deal with this, and no-one is forcing them to pay the fines immediately.
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Old Apr 7th 2020, 11:26 am
  #19494  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
It's good to see the EU focusing on the right things during this time of pandemic
"doing" = "focusing on"?
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Old Apr 7th 2020, 12:01 pm
  #19495  
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Default Re: Post EU Referendum...Part II

Coronavirus means that no one's talking about Brexit any more

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Old Apr 7th 2020, 12:06 pm
  #19496  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
One wonders if they considered putting it off for a few months.
Meh. Drop in the ocean. It's just an excuse for an EU-bash.
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Old Apr 7th 2020, 12:12 pm
  #19497  
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Default Re: Post EU Referendum...Part II

= No Deal @ the end of the day !
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Old Apr 7th 2020, 12:15 pm
  #19498  
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Default Re: Post EU Referendum...Part II

Originally Posted by Scamp View Post
Meh. Drop in the ocean. It's just an excuse for an EU-bash.
It shows the EU has a tin-ear.
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Old Apr 7th 2020, 12:16 pm
  #19499  
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Default Re: Post EU Referendum...Part II

Originally Posted by Ingles View Post
= No Deal @ the end of the day !
Certainly the EU's intransigence and red lines make it likely we could end up in a no deal situation.
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Old Apr 7th 2020, 12:19 pm
  #19500  
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Default Re: Post EU Referendum...Part II

Originally Posted by Cape Blue View Post
It shows the EU has a tin-ear.
I don't for a minute believe you really give a shit, it's just seizing an opportunity to have a dig.
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