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Brexit News, Chapter News

EU-UK trade and cooperation agreement: Council adopts decision on conclusion

The Council has today adopted a decision on the conclusion of the EU-UK trade and cooperation agreement and the security of information agreement. This is the last step for the EU in the ratification of the agreements. The UK will now be notified of the finalisation of the internal EU procedures. Following this, the agreements and accompanying texts will be published in the Official Journal of the EU before the end of the month. On 1 May 2021, both agreements...

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ECB Speech | All the way to zero: guiding banks towards a carbon-neutral Europe

Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka | It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very happy to delve into the topic of climate change...

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Brexit News, Chapter News

EU Parliament formally approves EU-UK trade and cooperation agreement

Political groups strongly welcome the agreement Parliament must have a say in the implementation of the agreement Agreement will enter into force on 1 May after Council conclusion Parliament voted with a large majority in favour of granting its consent to the agreement setting the rules of the future EU-UK relationship. The consent decision was adopted by 660 votes for, five against and 32 abstentions, while the accompanying resolution, setting out Parliament’s evaluation of and expectations from the deal, passed...

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U.S. Federal Reserve issues FOMC statement

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has...

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Migration management: New EU Strategy on voluntary return and reintegration

Today, the Commission is adopting the first EU Strategy on voluntary return and reintegration. The Strategy promotes voluntary return and reintegration as an integral part of a common EU system for returns, a key objective under the New Pact on Migration and Asylum. It sets out practical measures to strengthen the legal and operational framework for voluntary returns from Europe and from transit countries, improve the quality of return and reintegration programmes, establish better links with development initiatives and strengthen cooperation...

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“If we want to be at peace with nature, we need to chase carbon from our business model,” says President Michel

In his speech at the Leaders' Summit on Climate hosted by US President Joe Biden on 22 April, European Council President Charles Michel highlighted the EU's leadership in fighting climate change and its binding target of 55% emissions reduction by 2030. He also stressed the need for a global approach to carbon pricing and urged all developed countries to scale up their contributions to climate finance. A global approach to carbon pricing is paramount to promoting green investment. If we...

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EACCNY Country Highlight: PORTUGAL

EACC New York is inviting European countries, member states and non-member states, to share some fun facts about their country with the EACC network to showcase their home country’s cultural beauty, economic strengths, and their role in transatlantic trade & investment. In conjunction with Portugal's Presidency of the Council of the European Union, we present a profile of the country of PORTUGAL. A quick fun fact about your country: According to The Global Peace Index, Portugal is the 3rd safest country in...

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ECB Speech | Maximising the value of statistics

Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the European Statistical Forum (virtual) | Economic and financial statistics play a central role in guiding monetary policy decisions: central banks constitute an important user group for the output of statistical agencies, while also helping to collect the data underpinning many macro-financial statistical series. Events such as the European Statistical Forum provide a welcome opportunity to bring together the producers and users of statistics. In my remarks...

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ECB Speech | Monetary autonomy in a globalised world

Welcome address by Fabio Panetta, Member of the Executive Board of the ECB, at the joint BIS, BoE, ECB and IMF conference on “Spillovers in a “post-pandemic, low-for-long” world” | Thank you very much for the opportunity to speak at this conference on spillovers in a “post-pandemic, low-for-long” world. Over the last decade, globalisation has called into question central banks’ ability to achieve domestic objectives. According to some, close economic and financial ties across borders make inflation more of a global...

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Opening remarks by President von der Leyen at the civil society consultation ahead of the Global Health Summit

Speech on 20 April 2021 in Brussels by President von der Leyen | "Check against delivery" Prime Minister Draghi, dear Mario, Ladies and Gentlemen, Thank you very much for joining us from all the different places! We are in this together! And we have to work together – because, as we all know, no one is safe until everyone is safe. We have to join forces to fight this pandemic from every angle and to recover sustainably. This is true for health authorities and all levels...

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