Chapter News

Chapter News, News

Watch President Juncker’s live interview with Politico on June 11

European Commission President Jean-Claude Juncker headlines POLITICO’s Brussels Playbook live interview on June 11 in Brussels.  In this interview, President Junker will talk about what’s left to do for the remainder of its term, the outcome of the European elections, and what’s next for the EU. Watch the event live on this page on Tuesday, June 11 from 4 PM CET.  The first part of the interview will be conducted in German and translated into English. The second part will be...

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Chapter News, News

European Semester 2019 Spring Package: Commission issues recommendations for Member States to advance sustainable and inclusive economic growth

Press Release - June 5, 2019 The European Commission presents today the 2019 country-specific recommendations (CSRs), giving economic policy guidance to all EU Member States for the next 12 to 18 months. The Commission also recommends closing the Excessive Deficit Procedure for Spain and adopts a number of documents under the Stability and Growth Pact.  The European economy is growing for the seventh consecutive year and is set to continue expanding in 2020, with all Member States' economies growing despite less...

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Chapter News, News, Uncategorized

Minimum wages have increased across Europe, but will low-wage workers feel the difference?

Publication by Eurofound, June 4, 2019 There have been wage increases for minimum and low-wage earners in most EU Member States, with rises in statutory minimum wages in almost all countries since January 2018; including significant increases in Lithuania, Spain, Greece and low-wage newer Member States. While these increases are welcomed as good news for minimum wage workers, Eurofound’s research shows workers may not automatically feel the positive impacts of these changes in terms of income and reductions in wage...

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Chapter News, News

Eurostat: Euro area annual inflation down to 1.2%, unemployment at 7.6%

June 4, 2019 Euro area (EA19) annual inflation is expected to be 1.2% in May 2019, down from 1.7% in April according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in May (3.8%, compared with 5.3% in April), followed by food, alcohol & tobacco (1.6%, compared with 1.5% in April), services (1.1%, compared with 1.9% in April) and...

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Chapter News, News

OECD: International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy

May, 31, 2019 The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced today. The 129 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) adopted a Programme of Work laying out a process for reaching a new global agreement for taxing multinational enterprises. The document, which calls for...

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Chapter News, News

European Commission clears two large acquisitions under the EU Merger Regulation

June 3, 2019 The European Commission has cleared the acquisition of a joint venture by VW Group, Intel and Allied Holdings, and the acquisition of Euroports by MRG, PMV and SFPI-FPIM. Commission clears acquisition of a joint venture by VW Group, Intel and Allied Holdings: The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of a newly created joint venture by Volkswagen Finance Luxembourg S.A. (“VWFL”) of Luxembourg, Mobileye Vision Technologies Ltd. (“Mobileye”) and Champion...

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Chapter News

Maurice MARCHAND-TONEL, President of the EACC Paris from 1997 to 2017, passed away on May 1, 2019 in Miami.

Maurice MARCHAND-TONEL, President of the EACC Paris from 1997 to 2017, passed away on May 1, 2019 in Miami. His funeral took place on May 28th in Paris. Maurice was the heart and soul of EACC network. Without his forward thinking & drive to create the network in 2005 in France the EACC would have never come to live. Maurice is with us in our hearts & in spirit as we are continuing to grow the network across Europe and within the...

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Chapter News, Financing for Development/UN SDG's, News

The European Commission, European Investment Bank and Breakthrough Energy Ventures establish a new €100 million fund to support clean energy investments

Brussels, 29 May 2019 Breakthrough Energy Ventures Europe (BEV-E), a new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.           The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe's best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of...

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Chapter News, News

Digital Single Market: European Commission publishes guidance on free flow of non-personal data

Brussels, 29 May 2019 Today, the European Commission published a new guidance on the interaction of free flow of non-personal data with the EU data protection rules. As part of the Digital Single Market strategy, the new Regulation on the free flow of non-personal data, which has started to apply in the Member states, will allow data to be stored and processed everywhere in the EU without unjustified restrictions. Today's guidance aims to help users – in particular small and...

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Chapter News, News, Trade & TTIP Related

OECD warns global economy remains weak as subdued trade drags down growth

May 21, 2019 Global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide, according to the OECD’s latest Economic Outlook. The global economy is expected to achieve moderate but fragile growth over the coming two years. Vulnerabilities stem from trade tensions, high policy uncertainty, risks in financial markets and a slowdown in China, all of which could...

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