21 Sep
Chapter News

Commission’s 2015 EU Consumer Scoreboard shows untapped e-commerce potential

The 2015 edition of the Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe: 61% of consumers feel more confident buying online from their own country (61%) than from another EU country (38%). The 2015 edition of the Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe: 61% of consumers feel more confident buying online from their own country than from another EU country (38%). The scoreboard which focuses on The Digital...

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18 Sep
Member News

The Conservative’s Case for the European Union

Those of us who believe in freedom and free markets must defend Brussels from the Euroskeptic onslaught. If the number of tasteless analogies is any indication, few things make for targets of conservatives’ disdain like the European Union. In a speech to the European Parliament in 2009, Vaclav Klaus, then the climate-change-denying president of the Czech Republic, celebrated in free market circles for the radical economic reforms he put in place in the early 1990s, comparedthe EU to the Soviet empire....

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17 Sep
Chapter News

A Brave New World for Banks

Speech by Commissioner Jonathan Hill European Commissioner for Financial Stability, Financial Services and Capital Markets Union at European Banking Federation, 2015 Annual High Level Conference | Brussels, 17 September 2015 Ladies and gentlemen, This is a Commission that puts growth and jobs first. It is a Commission that wants a strong and stable banking sector that is well led, where managers take responsibility. A banking sector that is able to compete internationally and respond to the challenges of a fast moving digital...

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17 Sep
Chapter News

The state of the house price cycle in the euro area

ECB: Euro area house prices recovering House prices in the euro area have turned the corner and can be expected to gradually strengthen further, according to the forthcoming Economic Bulletin. The upturn is favourable for the economy as a whole and has posed little risk for financial stability up to now. The European Central Bank published an Economic Bulletin that discusses the current state of the euro area house price cycle and compares it with historical patterns. It finds that the...

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17 Sep
Chapter News

ECB: Asset purchases are working

Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O'Donnell of Thomson Reuters on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the inflation rate normalization around our medium term target. That is achieved through the improvement of financial conditions in general, by the effect of our policies on expectations, the cost of capital, and rebalancing of portfolios. All of...

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17 Sep
Chapter News

Investment Plan for Europe: EIF and KfW Bankengruppe sign agreement in Germany to provide €1 billion to start-ups

Over 15,000 start-ups in Germany will benefit from this €1 billion agreement signed today The European Investment Fund (EIF) and the German promotional bank KfW Bankengruppe have signed a €1 billion agreement for start-ups in Germany under COSME– an EU funding programme for SMEs – with the support of the Investment Plan for Europe. The agreement will allow KfW to support €1 billion of loans to start-ups in Germany over the next two and a half years, benefitting over 15,000 start-ups and young small enterprises under...

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16 Sep
Chapter News, Trade & TTIP Related

Putting our SMEs at the heart of the transatlantic trade and investment agenda

By EU Commissioner Elżbieta Bieńkowska Internal Market, Industry, Entrepreneurship and SMEs at the Atlantic Council, Washington DC Ladies and Gentlemen, it is a pleasure to be here. The Atlantic Council has a proud history in promoting engagement and cooperation between our two continents. And you continue to do important work, reminding both sides of our strong links to each other and exploring new ways of moving forward. Thank you. What I want to talk to you about today is how the...

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16 Sep
Member News

Granito loves Formula 1

Granito is proud to announce the newest additions to the racing fleet of Dream Racing on the Las Vegas Motor Speedway. The Porsche 911 GT Race Car now stands beside the rest of the fleet, some of which can be seen below. In addition, the actual 750 hp Caterham CT01 F1 car driven by Heikki Kovalainen in 2012 is on display in the simulator room. Granito compliments Dream Racing for the new car racing experiences now available on the track and its continuation of 3D-simulator...

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16 Sep
Member News

Important Changes to Become Effective Oct. 1 Permitting Earlier Filings of Adjustment of Status Applications

U.S. Citizenship and Immigration Services and the U.S. State Department have announced significant changes to make it possible for eligible employer-sponsored foreign nationals to file applications for adjustment of status to permanent residence before an immigrant visa number becomes available. The new changes establish a separate priority date list for the filing of adjustment of status applications, as well as a separate list for when adjustment cases can be approved. In October 2015, for example, USCIS will accept adjustment of status applications from Indian...

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16 Sep
Chapter News

EU extends the validity of sanctions over actions against Ukraine’s territorial integrity

The Council of the European Union prolonged by 6 months the application of EU restrictive measures targeting actions against Ukraine's territorial integrity, sovereignty and independence. The asset freeze and travel bans against 149 persons and 37 entities have been extended until 15 March 2016. The assessment of the situation did not justify a change in the regime of sanctions nor in the list of persons and entities under restrictive measures. One deceased person was removed from the list. The legal acts are available...

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