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The European Union is ready to defend threats to "European values" in the face of fast-changing political landscapes on both sides of the Atlantic, European Commission Vice President Valdis Dombrovskis said Friday.Reflecting on Britain's vote to leave the EU and Trump's election win, as Europe faces growing support for populist and anti-immigration political parties, Dombrovskis added: "Last June's referendum result – which we regret but respect – means we are now preparing for a new EU-U.K. relationship.Dombrovskis warned that both could have financial consequences.
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