Chapter News

06 Jun
Chapter News

IMF Executive Board Concludes 2018 Article IV Consultation with Kingdom of the Netherlands – Netherlands

On May 23, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Netherlands.  The Netherland’s economic recovery has taken hold. Real growth is forecast to reach 3.1 percent in 2018 owing to robust domestic demand. Private consumption has been supported by rising disposable income and positive wealth effects from increasing house prices. Net exports have proven resilient to global uncertainties, pushing up the already large current account surplus. Unemployment has continued to decline rapidly,...

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06 Jun
Chapter News, Financing for Development/UN SDG's, New York Related News

Governor Cuomo Announces New U.S. Climate Alliance Initiatives to Mark One-Year Anniversary of President Trump’s Decision to Withdraw from the Global Paris Climate Accord

U.S. Climate Alliance Initiatives Draw on New York State's Leadership in Combatting Climate Change, Renewable Energy, Reforming the Energy Vision Initiative, and Nation's Largest Green Bank New Commitments Include Reducing 'Super Pollutants,' Expanding Clean Energy Financing, Storing Carbon in Landscapes, and Softening the Negative Impact of Federal Solar Tariffs U.S. Climate Alliance States Remain on Track to Meet Their Share of U.S. Paris Agreement Target for at Least 25% Emissions Reductions by 2025 Governor Andrew M. Cuomo today marked the one-year anniversary...

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01 Jun
Chapter News

EU Budget: A Reform Support Programme and an Investment Stabilisation Function to strengthen Europe’s Economic and Monetary Union

For the next long-term EU budget 2021-2027, the Commission proposes to create a Reform Support Programme and a European Investment Stabilisation Function. Both proposals are part of the broader agenda to deepen Europe's Economic and Monetary Union and make use of the EU budget to strengthen the performance and resilience of our interdependent economies. The proposals combine the key principles of solidarity and responsibility at all levels and deliver on the commitments made by President Juncker in his 2017 State of the...

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31 May
Chapter News, Trade & TTIP Related

European Commission reacts to the US restrictions on steel and aluminium affecting the EU

The US announced that starting on 1 June 2018 it will impose additional duties of 25 % and 10 % respectively on imports of steel and aluminium from the EU. President of the European Commission, Jean-Claude Juncker said: "I am concerned by this decision. The EU believes these unilateral US tariffs are unjustified and at odds with World Trade Organisation rules. This is protectionism, pure and simple. Over the past months we have continuously engaged with the US at all possible levels to...

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31 May
Chapter News

Long-term EU Budget

Mobilising EU budget in support of stability, convergence and cohesion in the euro area and the EU as a whole For the next long-term EU budget 2021-2027, the Commission proposed today to create a Reform Support Programme and a European Investment Stabilisation Function. Both proposals are part of the broader agenda to deepen Europe's Economic and Monetary Union and make use of the EU budget to strengthen the performance and resilience of our interdependent economies. The proposals combine the key principles of...

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30 May
Chapter News

Financial Union: Commission launches risk reduction proposal to enable sovereign bond-backed securities

The Commission is today proposing new rules that will allow market-led solutions to support further integration and diversification within Europe's financial sector, leading to a stronger and more resilient Economic and Monetary Union. Today's proposal will remove unwarranted regulatory obstacles to the market-led development of sovereign bond-backed securities (SBBS). These securities would be issued by private institutions as claims on a portfolio of euro-area government bonds. SBBS would, by design, not involve mutualisation of risks and losses among euro area...

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24 May
Chapter News

EU Commission proposes new measures to further strengthen the Capital Markets Union and the Banking Union

Τhe European Commission put forward today a package of proposals to further strengthen the Capital Markets Union and the Banking Union. The new measures consist of four parts: risk-reduction rules that will allow market-led solutions for the development of sovereign bond-backed securities (SBBS), first tangible measures to allow the financial sector become a powerful actor in fighting climate change, new rules that will make it easier for smaller businesses to get financing through capital markets and strengthened EU rules...

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17 May
Chapter News

Europe on the Move: Commission completes its agenda for safe, clean and connected mobility

The Juncker Commission is undertaking the third and final set of actions to modernise Europe's transport system. In his State of the Union address of September 2017, President Juncker set out a goal for the EU and its industries to become a world leader in innovation, digitisation and decarbonisation. Building on the previous 'Europe on the Move' of May and November 2017, the Juncker Commission is today putting forward a third and final set of measures to make this a reality in the mobility sector. The objective...

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14 May
Chapter News

EIB signs the Agreement for EUR 300 million climate related investments in China with Eximbank

* European Investment Bank (EIB) will provide EUR 300m framework loan in new climate finance partnership with The Export-Import Bank of China (Eximbank). * The initiative is expected to draw in other financiers to finance up to EUR 1 billion of climate-relevant investments. * Streamlined lending programme to back new renewable energy, energy efficiency, water and sustainable transport investment in Beijing, Tianjin and Hebei Provinces. Up to EUR 1 billion of new investments to reduce carbon emissions and improve environmental protection in...

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09 May
Chapter News

Future of Europe: Commission Launches Online Citizens’ Consultation

European citizens asked what direction they want the EU to take, in an online consultation. On Europe Day, the European Commission is launching an online public consultation, asking all Europeans what direction they want the Union to take in the future. This unique consultation is part of the broader Future of Europe debate launched with the Commission's White Paper on 1 March 2017 For the first time, the Commission convened a Citizens' Panel on 5-6 May to draft this consultation, with...

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