Commission presents its plan for financial sector crisis management

Following G-20 recommendations about the need to establish common frameworks for prevention and crisis management, the Commission has published a Communication outlining its plans for an EU framework for crisis management in the financial sector. The plan foresees preparatory and preventive measures, as well as powers for remedies and resolution tools for authorities to apply in crisis situations.

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2009 VAT refund application deadline extended until 31 march 2011

The Official Journal of the European Union published on 20 October 2010, the Directive 2010/66/EU modifying the deadline for submission of applications for refund of value added tax which amends Directive 2008/9/EC laying down detailed rules for the refund of value added tax, provided for in Directive 2006/112/EC, to taxable persons not established in the Member State of refund but established in another Member State.

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Parliament approves 14,4 M€ aid for workers in Portugal, Netherlands, Spain and Denmark

The Plenary session of the European Parliament gave the go-ahead on Tuesday for EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark. The money will go to people who became redundant following to the closure of their companies.

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Commission will ensure full respect for EU Charter of Fundamental Rights

The European Commission has adopted a strategy to ensure that the EU Charter of Fundamental Rights is fully respected by verifying that all community law comply with the Charter at each stage of the legislative process, from the early preparatory work to the application by Member States. Commission will also provide information to citizens on when it can intervene in fundamental rights issues and will publish an Annual Report on the Charter’s application to monitor the progress achieved.

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