Chapter News

14 Jan
Chapter News

ECB digital euro consultation ends with record level of public feedback

Over 8,000 responses received in online survey Privacy, security and pan-European reach ranked highest in European citizens’ preferences Detailed analysis to be published in spring, ahead of decision on project launch The European Central Bank (ECB) concluded its public consultation on the digital euro yesterday and will now analyse in detail the large number of responses. 8,221 citizens, firms and industry associations submitted responses to an online questionnaire, a record for ECB public consultations. The public consultation was launched on...

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14 Jan
Chapter News

IMF | Legally Speaking, is Digital Money Really Money?

Countries are moving fast toward creating digital currencies. Or, so we hear from various surveys showing an increasing number of central banks making substantial progress towards having an official digital currency. But, in fact, close to 80 percent of the world’s central banks are either not allowed to issue a digital currency under their existing laws, or the legal framework is not clear. To help countries make this assessment, we reviewed the central bank laws of 174 IMF members in a new IMF staff paper, and...

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13 Jan
Brexit News, Chapter News

EU-UK future relations: MEPs to debate the agreement reached on 24 December

Members on the Foreign Affairs and International Trade Committees will debate the new EU-UK Trade and Cooperation Agreement on Thursday at 10.00 CET. The joint meeting of the lead committees will intensify the democratic parliamentary scrutiny process for the new EU-UK Trade and Cooperation Agreement reached by EU and British negotiators on 24 December. The two committees will in due course vote on the consent proposal prepared by the two standing rapporteurs Christophe Hansen (EPP, Luxembourg) and Kati Piri (S&D, The Netherlands), to allow for...

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13 Jan
Chapter News

TechDispatch | EU Personal Information Management Systems

Personal Information Management Systems (PIMS) are new products and services that help individuals to have more control over their personal data. PIMS enable individuals themselves to manage and control their online identity. 1. What are Personal Information Management Systems? The PIMS concept offers a new approach in which individuals are the “holders” of their own personal information. PIMS allow individuals to manage their personal data in secure, local or online storage systems and share them when and with whom they choose....

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12 Jan
Brexit News, Chapter News

John Bruton | The UK/EU Trade & Cooperation Agreement

By John Bruton, former Prime Minister of Ireland (Taoiseach) & former EU Ambassador to the US | UK gained a little extra sovereignty of the island of Britain, by giving up some UK sovereignty in Northern Ireland The EU/UK trade deal maintains Ireland’s agricultural export market in Britain. A “No Deal” would have destroyed it. The imposition of tariffs would have imposed huge costsm on consumers and disruption to business. That said, the fact that the Agreement had to be rushed through...

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12 Jan
Chapter News, COVID-19 News

Coronavirus: EU Commission concludes exploratory talks with Valneva to secure a new potential vaccine

Today, the European Commission concluded exploratory talks with the pharmaceutical company Valneva with a view to purchasing its potential vaccine against COVID-19. The envisaged contract with Valneva would provide for the possibility for all EU Member States to purchase together 30 million doses, and they could further purchase up to 30 million more doses. Today's finalisation of exploratory talks with Valneva come in addition to an already secured broad portfolio of vaccines to be produced in Europe, including the contracts...

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11 Jan
Chapter News

IMF | Denmark’s Ambitious Green Vision

Denmark aspires to become one of the most climate-friendly countries in the world. In June, its Parliament overwhelmingly passed a new climate law that aims to reduce greenhouse gas emissions by 70 percent below 1990 levels by 2030, with net zero emissions targeted for 2050. This is an even more ambitious goal than the EU’s target to cut emissions by 55 percent over the same time period. 70% Amount by which Denmark plans to reduce greenhouse gas emissions by 2030 relative to 1990 levels A new IMF staff...

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11 Jan
Chapter News

Speech | U.S. Economic Outlook and Monetary Policy

Speech by Vice Chair Richard H. Clarida at the C. Peter McColough Series on International Economics Council on Foreign Relations, New York, New York (via webcast) | It is my pleasure to meet virtually with you today at the Council on Foreign Relations.1 I regret that we are not doing this session in person, as we did last year, and I hope the next time I am back, we will be gathering together in New York City again. I look forward to...

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08 Jan
Chapter News, COVID-19 News

EU Commission proposes to purchase up to 300 million additional doses of BioNTech-Pfizer vaccine

The European Commission today proposed to the EU Member States to purchase an additional 200 million doses of the COVID-19 vaccine produced by BioNTech and Pfizer, with the option to acquire another 100 million doses. This would enable the EU to purchase up to 600 million doses of this vaccine, which is already being used across the EU. The additional doses will be delivered starting in the second quarter of 2021. The EU has acquired a broad portfolio of vaccines with different...

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08 Jan
Chapter News

OECD | A multilateral agenda for a strong, resilient, green and inclusive recovery from COVID-19

Paris, 14 November 2020 | by Pedro Sánchez, President of the Spanish Government and Angel Gurría, Secretary-General of the OECD. You may view the OECD 60th anniversary Leaders’ Commemoration Event here | On 14 December this year, we are commemorating the 60th anniversary of the signature of the Convention establishing the Organisation for Economic Co-operation and Development (OECD). The OECD succeeded the Organisation for European Economic Co-operation (OEEC), which was created in 1948 to administer American and Canadian aid under the...

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