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CEE: Premature celebrations over diluted rule of law conditionality

Europe

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Despite offering few details on the mechanism linking European Union (EU) funding with the rule of law, the recent deal on the 2021-2027 budget and recovery fund still raises the probability of financial penalties to countries with perceived rule of law deficiencies, most notably Hungary and Poland. A more specific proposal for the implementation of such mechanism is expected during Germany’s presidency of the EU, which runs until the end of the year. It might be subject to approval by qualified majority in the Council and an absolute majority in the European Parliament, which limits Hungary
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"Risks and Opportunities for the Euro" https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2020)652751 . A study Daniel Gros and I did for the European Parliament on the prospects for enhancing the currency's international role.

Shinzo Abe presided over an astonishing period of stability in Japan. His successor promises continuity, but a recession, an aggressive China, and a possible second Trump term will make it difficult to deliver on that promise, @observingjapan argues.
https://trib.al/Bcbe1U8

I don't think I've read anything that lays bare America's "cold civil war" as well as @jbouie does here. https://www.nytimes.com/2020/09/25/opinion/trump-supreme-court-missouri-compromise.html

Pucha, qué DURA qué esta la economía argentina...
La economía argentina:
https://r24n.com/contenido/198177/primicia-exclusiva-alvarez-agis-remplazaria-a-martin-guzman-como-ministro-de-eco

mi nota de hoy en @Cronistacom #dolar #Crisis https://www.cronista.com/columnistas/El-problema-es-el-exagerado-poder-del-Instituto-Patria-20200924-0056.html

Hay que sacar a la política económica de la cuarentena

Compartimos nota que publicamos hoy con @MattigFran en @Cronistacom

https://www.cronista.com/columnistas/Hay-que-sacar-a-la-politica-economica-de-la-cuarentena-20200925-0020.html

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