Irish borrowers struggling to meet their loan repayments may be banned from taking vacations and face limits on how much they can spend on food under guidelines published by the country’s personal insolvency service.
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The proposed legislation, to which EL PAÃS has had access, cuts the maximum annual fixed salary for managers with executive functions from 600,000 euros to 500,000 euros in banks over which the Bank of Spain’s Orderly Bank Restructuring Fund (FROB) does not have majority control.
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âThe inclusion of international aviation in the EU emissions trading scheme is compatible with international law,â Advocate General Juliane Kokott of the EU Court of Justice in Luxembourg said in a non-binding opinion today. The court follows this advice at least in part most of the time.
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German Finance Minister Wolfgang Schäuble said Germany will not contribute any more money to the eurozone rescue fund. But a survey indicates that Germans think their final bill will be even higher.
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