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EU aims to pacify Macron on ‘accession rules’

Bloomberg European Union government envoys in Brussels and the bloc’s executive arm will seek to accommodate Emmanuel Macron’s appetite for reform with tighter rules on countries looking to join the bloc and a broader debate on how to make the EU more effective. The European Commission will propose an overhaul of the expansion process in a bid to revive the ...

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Romania’s Orban faces ‘no-confidence’ vote

Bloomberg Romania’s minority government is facing a no-confidence vote just three months since taking power, though it’s likely to benefit whatever the result. The Black Sea nation is well acquainted with political chaos, having had more prime ministers than any other European Union member-state in the three decades since communism collapsed. This time around, the ruling Liberal Party opened the ...

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SoftBank partner at $100b Vision Fund is leaving

Bloomberg A top US partner at SoftBank Group Corp’s $100 billion technology fund is stepping down, after the company posted declining returns on its investments and struggled to raise capital for the next Vision Fund. Michael Ronen, the outgoing managing partner, expressed concerns about “issues” at SoftBank in an interview with the Financial Times, which earlier reported his departure. Since ...

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