09 Mar
Chapter News

Monetary policy decisions / Introductory statement to Press Conference

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases. Regarding non-standard monetary policy measures, the...

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09 Mar
Member News

Create and reap exceptional value

  Global expansion, expatriation and international employees all add diversity to the organization and expands the opportunities for the company and the employees. International expansion is linked to ambitious visions and high expectations. Optimism is at its fullest, but once the key employees are in place, success rests highly on their shoulders. Both on the short and on the long term it is vital for the company to focus on enabling and securing performance and growth for these key employees.   The...

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08 Mar
Chapter News

International Women’s Day 2017: Gender Equality – a European export

The Commission is marking International Women's Day with the publication of a new report on equality between men and women, which shows that EU legislation, guidelines, actions and funding possibilities are supporting noticeable but uneven progress in EU Member States. Sixty years ago, equality between women and men was embedded in the Rome Treaty as one of the European Union's fundamental values. Fast forward to today and women's employment rate has reached an all-time high level. However, the gender...

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07 Mar
Member News

President Trump Issues Revised Executive Order Suspending Admission for Certain Foreign Nationals from Six Designated Countries

On March 6, 2017, President Trump signed a revised Executive Order, Protecting The Nation From Foreign Terrorist Entry Into The United States, that suspends admission to the United States for certain foreign nationals from the following six designated countries for 90 days: Iran, Libya, Somalia, Sudan, Syria, and Yemen. Iraq is no longer included in the list of designated countries as it had been in the original executive order (EO). The 90-day period of suspension may be extended, and...

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06 Mar
Chapter News

EconoGraphics | The United States needs Europe and vice versa

US economic ties with the European Union (27) generate the largest global bilateral trade flows, worth an estimated $2.4 billion per day. The massive volume of US-EU (27) bilateral trade promotes prosperity on both sides of the Atlantic. In 2015, the total value of US goods and services trade with the EU (27) reached $869.5 billion. The United States had $589.7 billion in total bilateral goods trade with the EU (27), its second largest goods trade partner. US trade in...

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06 Mar
Chapter News

Commission calls for renewed efforts in implementing solidarity measures under the European Agenda on Migration

Brussels, 2 March 2017 Ahead of next week's European Council and in the form of three progress reports, the Commission is today making a renewed call on Member States to pick up the pace of relocation to alleviate pressure from Italy and Greece, with few having met their commitments in full. The Commission is also calling on Member States to make good on the strong political commitment given and fill gaps in manpower and equipment by the end of March for...

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06 Mar
Member News

Mapping the Impact From USCIS’s Surprise Suspension of H-1B Premium Processing

On March 3, 2017, U.S. Citizenship and Immigration Services (USCIS) unexpectedly announced that it will temporarily suspend its premium processing service for all H-1B petitions received on or after April 3, 2017. The premium processing program allows a petitioner to receive a decision on its case within 15 calendar days upon payment of an additional government filing fee to USCIS. Because the April 3, 2017 start date for the suspension is also the first filing day for quota-subject petitions (generally...

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06 Mar
Member News

What convenience stores should know—and do—in 2017

Convenience stores (c-stores) have expanded their food service offerings with an eye towards boosting profitability. In doing so, they are going head-to-head with traditional restaurant players and find themselves dealing with trends such as increased operating costs, fuel price volatility, and technology innovations. Findings from AlixPartners’ 2016 North American convenience store consumer study point to the need for c-stores to master four imperatives to succeed in this space and sharpen their competitive edge. Read the full article here Compliments of AlixPartners -...

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03 Mar
Chapter News

The Digital Economy and Society Index (DESI)

The Digital Economy and Society Index (DESI) is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU member states in digital competitiveness. Denmark, Finland, Sweden and the Netherlands have the most advanced digital economies in the EU followed by Luxembourg, Belgium, the UK and Ireland. Romania, Bulgaria, Greece and Italy have the lowest scores on the DESI. In 2016, all Member States improved on the DESI. Slovakia and Slovenia progressed the most (more than...

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03 Mar
Chapter News

To Make the Best of Brexit, the European Union Needs to Beef Up ESMA

Given London’s current central role in the European financial system, Brexit will generate significant risks and opportunities for the financial system of the remaining members of the European Union (EU-27). With Britain’s departure from the EU single market nearly certain to occur before mid-2019, the EU-27 should not wait to adapt its financial regulatory structure to successfully manage the resulting shifts. The main risks relate to the supervision of wholesale activities of financial firms and capital markets. To address...

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