Chapter News

06 Mar
Brexit News, Chapter News, News

Railway safety and connectivity with the UK in the event of a no-deal Brexit – Council agrees its position

The Council's Permanent Representatives Committee today granted the Romanian presidency a mandate to negotiate with the European Parliament on a temporary extension of the validity of certain authorisations, certificates and licences to ensure continuity of train services between the EU (France and Ireland) and the United Kingdom without disruption in the event that the UK leaves the EU without a negotiated agreement. The aim of this extension is to allow bilateral agreements between an EU member state and the...

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06 Mar
Chapter News, News, Uncategorized

Improving EU-U.S. Cooperation in Civil Society Support in Eastern Europe and the Western Balkans

By Rosa Balfour, Nicolas Bouchet, and Joerg Forbrig The European Union and the United States devote considerable funds and programs to supporting civil society in Eastern Europe and the Western Balkans – support that is being confronted with old and new challenges. Closing civic space is now entrenched in many countries and the means to undermine civic actors has become more sophisticated. The sustainability of civil society organizations (CSOs) remains a challenge. This requires the EU and the United States to work with...

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06 Mar
Chapter News, News

ECB and Bank of England activate currency swap arrangement for possible provision of euro to UK banks

● Bank of England will offer to lend euro to UK banks on a weekly basis ● Bank of England to obtain euro from the ECB in exchange for pound sterling ● Eurosystem would stand ready to lend pound sterling to euro area banks, if a need arises The European Central Bank (ECB) and the Bank of England have decided to activate a standing swap line through which the Bank of England will offer to lend euro to UK banks on a weekly...

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06 Mar
Brexit News, Chapter News

For European renewal. Speech by Emmanuel Macron

By Emmanuel Macron, President of the French Republic Citizens of Europe, If I am taking the liberty of addressing you directly, it is not only in the name of the history and values that unite us. It is because time is of the essence. In a few weeks’ time, the European elections will be decisive for the future of our continent. Never, since the Second World War, has Europe been as essential. Yet never has Europe been in so much danger. Brexit stands as...

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05 Mar
Brexit News, Chapter News, News

EIOPA and its Members agree on No-deal Brexit Memoranda of Understanding with the Bank of England and the Financial Conduct Authority

The European Insurance and Occupational Pensions Authority (EIOPA) and all National Competent Authorities (NCAs) of the European Economic Area (EEA) with competencies in insurance have agreed Memoranda of Understanding (MoUs) with the Bank of England in its capacity as the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) of the United Kingdom (UK). The MoUs take effect should the UK leave the European Union (EU) without a withdrawal agreement, the so-called "No-deal" Brexit scenario. The following MoUs were agreed: A...

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01 Mar
Chapter News, News

Welcoming the new European Union Ambassador to the United States

A special welcome to EU Ambassador-Designate Stavros Lambrinidis, who begins his posting in Washington today. He most recently served as the EU Special Representative for Human Rights. Stavros Lambrinidis is the Ambassador-Designate of the European Union to the United States, as of March 1, 2019. From 2012 to February 2019, he served as the European Union Special Representative for Human Rights. In 2011, he was Foreign Affairs Minister of Greece. Between 2004 and 2011, he was elected Member of the European Parliament (MEP)...

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28 Feb
Chapter News, News

ESMA TRV: Political uncertainty Amid Growth Slowdown Weighs on Market Sentiment

EU financial markets are increasingly nervous, reflected in rising volatility, the European Securities and Markets Authority (ESMA) said today in its latest Trends, Risks, and Vulnerabilities (TRV) Report (No 1.2019). Uncertainty related to Brexit, amid weakening growth prospects, global trade tensions, and reduced global monetary policy stimulus have contributed to market risk remaining very high. The fourth quarter of 2018 saw increasing volatility on equity and sovereign bond markets, a decrease in equity prices, continued repricing on corporate and sovereign bond...

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27 Feb
Brexit News, Chapter News, News, Uncategorized

Implications for Business and Trade of a No Deal Exit on 29 March 2019

Produced by the Cabinet Office, HM Government  26 February 2019 Summary The Government’s primary aim is to ensure that the UK leaves the EU on 29 March with a negotiated deal which will honour the result of the referendum. However, as a responsible government, it continues to plan for all eventualities, including one in which the UK leaves the EU without a deal. Guidance for businesses and citizens on how to prepare for a no deal scenario can be found on the Government’s Exit guidance website, www.gov.uk/EUExit. Over...

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27 Feb
Chapter News, News

European Commission – Fact Sheet European Semester 2019: Winter Package explained

Brussels, 27 February 2019 European Semester 2019: Winter Package explained. What does today's package include? Today, the Commission publishes: 28 Country Reports, including in-depth reviews (IDRs) for 13 countries identified in the Alert Mechanism Report of November 2018 A Communication on the main findings of the Country Reports including a new categorisation of countries under the Macroeconomic Imbalances Procedure (MIP) An Opinion on the 2019 Draft Budgetary Plan (DBP) of Slovenia The second Enhanced Surveillance Report for Greece The Annual Work Programme...

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