01 Mar
Chapter News

New EU energy labels applicable from 1 March 2021

To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label will be applicable in all shops and online retailers from Monday, 1 March 2021. The new labels will initially apply to four product categories – fridges and freezers, dishwashers, washing machines, and television sets (and other external monitors). New labels for light bulbs and lamps with fixed light sources will follow on 1 September, and other products will...

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01 Mar
Chapter News, COVID-19 News

ECB | Speech: Macroprudential policy after the COVID-19 pandemic

Panel contribution by Luis de Guindos, Vice-President of the ECB, at the Banque de France / Sciences Po Financial Stability Review Conference 2021 “Is macroprudential policy resilient to the pandemic?” | Introduction It is a great pleasure to be here this afternoon and share some thoughts on the future of macroprudential policy in the euro area after the coronavirus (COVID-19) pandemic. About one year ago, the euro area was hit by a major unexpected shock: the COVID-19 pandemic. While this health and...

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01 Mar
Chapter News

ECB | Speech: The coronavirus crisis and SMEs

Speech by Christine Lagarde, President of the ECB, at the “Jahresimpuls Mittelstand 2021” of Bundesverband Mittelständische Wirtschaft | Frankfurt am Main, 1 March 2021 | It is a great pleasure to have the opportunity to speak to you today. At the ECB we care deeply about connecting with small and medium-sized enterprises (SMEs), since they are the foundation of the European economy. SMEs make up 99.8% of all non-financial companies in the EU, provide 66.6% of jobs and generate 56.4% of added value. It...

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26 Feb
Member News

Wilson Sonsini | Forecasting Healthcare Regulatory Developments in a Biden Administration

President Joe Biden was sworn into office on January 20, 2021. As with any incoming administration, new policies will be pursued while those of the previous administration are furthered, abandoned, or undone. The federal government is an enormous bureaucracy with several layers and, therefore, converting policies into quantifiable results takes months or even years. Early indicators of policies' prioritization, implementation, or their likelihood of success can provide a head start to regulated businesses scanning the horizon. It is in...

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26 Feb
Member News

TABS Inc. | New law extends COVID tax credit for employers who keep workers on payroll

The Internal Revenue Service (IRS) urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for businesses that, despite challenges posed by COVID-19, choose to keep their employees on the payroll. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, 2020, made a number of changes to the employee retention tax credits previously made available under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), including modifying and extending...

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26 Feb
Member News

Vulcan Insight | EU Commission seeks input for gig economy workers’ rights

When Ursula von der Leyen presented her Agenda for Europe as a European Commission presidential candidate advocating a ‘Union that strives for more’, she singled out the fact that “digital transformation brings fast change that affects our labour markets.” She committed at that time to “look at ways of improving the labour conditions of platform workers.” Since then, gig economy workers have played an increasingly crucial role in the provision of services across the EU as the pandemic has...

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26 Feb
Member News, New York Related News

Grassi | Remote Workforces May Bring UBT Savings for NYC Businesses

While New York State has maintained that non-residents who telecommuted to their NY-based jobs during COVID-19 are still subject to the state’s personal income tax under the convenience of the employer rule, the issue is less clear when it comes to business taxes, such as the NYC Unincorporated Business Tax (UBT). Partnerships, LLCs or sole proprietorships that are subject to the UBT may be able to realize additional tax savings on their 2020 returns due to their remote workforces. This is because the...

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26 Feb
Chapter News

Remarks by President Charles Michel following the second session of the video conference of the members of the European Council

Statements and remarks 26 February 2021 14:00 by President Charles Michel | Today we discussed security and defense. We want to act more strategically, to defend our interests and to promote our values. So we need to increase our ability to act autonomously and to strengthen our cooperation with our partners. We are committed to cooperating closely with NATO. A stronger Europe makes a stronger NATO. We exchanged views with Secretary General Stoltenberg about working together to improve our collective security...

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26 Feb
Chapter News

ECB | Speech: Unconventional fiscal and monetary policy at the zero lower bound

Keynote speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Third Annual Conference organised by the European Fiscal Board on “High Debt, Low Rates and Tail Events: Rules-Based Fiscal Frameworks under Stress” | One of the greatest conundrums and policy challenges of our times is the coincidence of persistently low real long-term interest rates and low inflation. Even before the coronavirus (COVID-19) pandemic, inflation across many advanced economies had been falling short of central banks’ aims...

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25 Feb
Member News

European-American Chamber of Commerce New York Congratulates Hippo Technologies, Inc. on Successful Inaugural Year and Welcomes Hippo Technologies as a Platinum Member

NEW YORK CITY, February 25, 2021 | Today, the European-American Chamber of Commerce New York (EACCNY) is pleased to congratulate its member firm Hippo Technologies, Inc., (Hippo Technologies), one of the leading virtual care companies that is delivering solutions for healthcare and medical education, as Hippo Technologies reaches the close of its inaugural year in business. Hippo Technologies’ flagship product, the Hippo Virtual CareTM (HVC) platform, was introduced to the market through more than 20 hospitals across China at the...

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