Chapter News

Fiscal capacity for the euro zone

Members of Parliament’s Budgets and Economic and Monetary Affairs committees are set to debate the need for a euro area budget with finance ministers Jeroen Dijsselbloem (Netherlands, also Euro Group President), Michel Sapin (France), Pier Carlo Padoan (Italy), Pierre Gramegna (Luxembourg), Peter Kažimír (Slovakia), Edward Scicluna (Malta) and Euclid Tsakalotos (Greece) on Monday evening from 19:00 to 21:30. Parliament is working on a report putting forward proposals to build “a fiscal capacity for the euro zone”, drafted by Reimer Böge...

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Chapter News

Commission launches two new financial instruments to boost investments in start-ups and sustainable urban development

Today the European Commission adopted two new "off-the-shelf", i.e. "ready-to-use" financial instruments for ESI Funds investments, to ease access to funding for young businesses and urban development project promoters. In the 2014-2020 period, the Commission is encouraging Member States to double their European Structural and Investment (ESI) Fundsinvestments used through financial instruments, such as loans, equity and guarantees, in line with the objectives of the Investment Plan. Regional Policy Commissioner Corina Crețu said: "Financial instruments are an efficient way to invest in...

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Chapter News

E-zine: Summing up the Presidency

As holder of the EU-presidency the Netherlands sought to bring member states together on key issues such as migration, the internal market and safety. This e-zine, the last in a series of three digital English-language publications, highlights some of the outcomes and results that were achieved during the Netherlands EU-presidency in the first half of 2016. Taken together, the articles, graphics and videos provide an incomplete but representative overview across the various policy areas. Compliments of the Netherlands EU Presidency 2016

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Chapter News

Press point remarks by President Jean-Claude Juncker at the joint press point with Donald Tusk, President of the European Council and Barack Obama, President of the United States at the EU-US Leaders’ Summit

Good morning, I would like to express my sympathy to the President of the United States and to the people of this great nation for the tragic events which happened yesterday night in Dallas, Texas. These events like others are proving and showing that we are living in a world which is developing increasingly to more complexity and to more uncertainty. The threats to our security take many forms and they are not located in any one place. Therefore, our first duty is...

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Chapter News

Growing Greens in the Spare Room as ‘Vertical Farm’ Start-Ups Flourish

Dan Albert’s farm is far from traditional. There are no picturesque, rolling fields, no tractors tilling soil; there is no white farmhouse or red barn. For that matter, there is no soil, or sunlight. The farm, Farmbox Greens, is inside a two-car garage behind Mr. Albert’s Seattle home. It consists of 600 square feet of microgreens grown in vertically stacked trays beneath LED lights. The ability to grow in such a small space is the result of hydroponics, a system in...

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Chapter News

EU support for development of commercial wave energy technology in Europe

InnovFin: First EIB financing under the InnovFin Energy Demonstration Project programme to support the development of commercial “WaveRoller” wave energy technology In its commitment to support innovative technologies, the European Investment Bank (EIB) will invest up to EUR 10 million in AW-Energy, a pioneering start-up company from Finland which developed “WaveRoller” wave energy technology. The investment will support and speed up the commercial roll-out of European wave energy technology. This is the first project to be supported by the InnovFin...

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Member News

BBGFX Market Update: The Aftermath of the Brexit

Markets in June were dominated by the approach of the UK EU referendum on June 23 and the sharp reaction to the vote to leave. While there will be more focus on other things in July, market movements are still likely to be dominated by the aftermath of the UK vote for “Brexit”, mainly because the market reactions to the vote were so sharp and large. Main market movements in June GBP/USD fell 18 figures to 1.32 – the lowest level...

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New York Related News

Governor Cuomo Announces $200 Million Bridge NY Program to Rehabilitate and Replace Bridges Throughout the State

Governor Andrew M. Cuomo today announced the availability of $200 million in enhanced assistance for local governments over the next two years to rehabilitate and replace bridges and culverts statewide. This funding, provided through the Governor's BRIDGE NY initiative, is being administered by the New York State Department of Transportation as part of its $21.1 billion five-year Capital Plan. The BRIDGE NY program provides emphasis on projects that address poor structural conditions; mitigate weight restrictions or long detours; facilitate economic...

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Chapter News, Trade & TTIP Related

EU Trade Commissioner Malmström Discussed TTIP in DC

EU Trade Commissioner Cecilia Malmström was in Washington last week, speaking about TTIP at the Atlantic Council.   She gave the keynote address and then joined a panel with Laura Lane (President, Global Public Affairs, UPS) and Richard Trumka (President, ALF-CIO). You can watch the event here and read her speech here. Compliments of the European Union Delegation to the US  

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