: :inin Kyiv (EET)

FT: UK pushing for ‘emergency brake’ on EU laws to safeguard rights of non-Eurozone countries


FT: UK pushing for ‘emergency brake’ on EU laws to safeguard rights of non-Eurozone countriesThe Financial Times reports that the UK is seeking to obtain an ‘emergency brake’ on future EU proposals in order to protect the rights of non-Eurozone countries. This new ‘emergency brake’ could be based on the so-called ‘Ioannina-bis mechanism’ – which already exists in the EU Treaties – and could allow non-euro countries to delay a vote on new EU legislation if it threatened their interests or the integrity of the single market, triggering additional consultations at the level of EU leaders. The ‘emergency brake’ is …read more

Source: Open Europe

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