17 March 2014
The European Parliament has approved plans to grant powers to an EU-wide public prosecutor to tackle cases of fraud against the EU budget.
Conservative MEPs said the move is a step towards an ‘all-powerful EU criminal court’.
Reform ‘may be required’ in face of competition from overseas jurisdictions.
Commission encourages the market to anticipate and cater for potential uncertainties around self-executing contracts.
Minister-made laws are increasingly bypassing parliamentary scrutiny.
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