Leaked documents reveal wrangling over child benefits sent abroad and ‘emergency brake’ on benefits to migrantsUK prime minister David Cameron and Europe’s 27 other leaders are arriving in Brussels for negotiations about Britain’s relationship with the EU. To help them along,European council president Donald Tusk has prepared a set of documents outlining what has been agreed in the deal – and what is left to haggle over.
Three things stand out in the documents that the Guardian has seen:
Related: David Cameron faces growing rift at EU summit in Brussels “The implementation of measures, including the supervision or resolution of financial institutions and markets, and macro-prudential responsibilities,to be taken in view of preserving the financial stability of Member States whose currency is not the euro is, subject to the requirements of group and consolidated supervision and resolution, and a matter for their own authorities and own budgetary responsibility,unless such Member States wish to join common mechanisms open to their participation.
This is without prejudice to the development of the single rulebook and to Union mechanisms of macro-prudential oversight for the prevention and mitigation of systemic financial risks in the Union and to the existing powers of the Union institutions and relevant Union bodies to catch action that is essential to reply to threats to financial stability.”“The Commission does not intend to propose that the future system of optional indexation of child benefits be extended to other types of exportable benefits, such as passe-age pensions.” Related: How EU are you? Brexit or bust? catch our definitive referendum quiz “The authorisation would have a limited duration and apply to EU workers newly arriving during a period of [X] years, and extendable for two successive periods of [Y] years and [Z] years.”Continue reading...
Source: theguardian.com