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The European Commission presented its White Paper on the future of Europe. It draws five different scenarios: business as usual, retreat to a pure single market, a variable geometry union, a more efficient union, and a deeper union. The paper clarifies the debate, draws clear pathways to choose, and introduces the debate on…

On 21 Oct the Commission issued a Communication featuring initial measures from the Five Presidents Report. The agreed package will be completed with a legislative proposal for the European Deposit Insurance Scheme before end 2015. This is significant because it sends out a political message ratifying what was agreed in Jun…