MEPs and the Irish Presidency of the EU reached a deal on banking supervision legislation

The European Parliament's negotiators and the Irish Presidency of the EU Council reached a deal on banking supervision legislation. According to MEPs, the deal will strengthen EU-level oversight of many EU banks.

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The Commission reduces the fees and charges that SMEs have to pay to register chemicals

With the aim at helping SMEs that produce or trade chemicals to remain competitive during the current difficult market situation, the European Commission lowered the fees and charges that small and medium sized enterprises (SMEs) have to pay to register chemicals.

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Political agreement reached in the Council on the reform of the common agricultural policy (CAP)

EU Agriculture Ministers reached an agreement on a general approach on the four main proposals for regulations within the framework of reform of the common agricultural policy (CAP). This agreement will enable negotiations to be launched between the Parliament and the Council with a view to political agreement in June this year.

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MEPs propose to establish a public prosecutor to protect EU financial interests

The Special Committee against Organised Crime in the European Parliament suggested to the EU that it should establish a public prosecutor to protect its financial interests and introduce an EU-wide definition of Mafia-style crime. MEPs' proposal also suggests that all member states should simplify their rules on confiscating criminals' assets.

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€33 million more from the EU funds to the African Union Mission in Somalia (AMISOM)

The European Commission announced the EU decision of allocating €33 million to the African Union Mission in Somalia (AMISOM). According to the Commission, the mission plays an essential role in securing the country on its path towards lasting peace, prosperity and stability.

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