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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU. 137 provisions change. Later versions: 01/01/2020, 01/07/2025, 10/11/2025. Recital 34 changes in this version: compare with the current text.

Recital 34

Recital 34

(34)As the de Larosière Report indicates, ‘[i]n essence, we have two alternatives: the first “chacun pour soi” beggar-thy-neighbour solutions; or the second – enhanced, pragmatic, sensible European cooperation for the benefit of all to preserve an open world economy. This will bring undoubted economic gains’.

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