Chapter News

Chapter News

Transatlantic Economic Council Meeting: EU and US Boost Economic Partnership

11/30/11 The EU and the US today strengthened transatlantic economic ties through a number of new initiatives. At the Transatlantic Economic Council (TEC), senior EU and US leaders agreed to facilitate their customs procedures, to strengthen their cooperation on electric vehicle and smart grid research and in the fields of new technologies, such as cloud computing, and raw materials. Read more; EU-US Transatlantic Economic Council Joint Statement ; JRC Signs Letter of Intent with the US Department of Energy...

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Chapter News

Mr Theodoros Pangalos , The Greek Vice-President, comments on the Greek Crisis

Mr Theodoros Pangalos , Vice-President of the Greek government was the host of the EACC’s European American Press Club in Paris today. Speaking on the record, he mostly addressed the current “Greek crisis”. His key comments were : - Greece does not need fresh aid . It only needs the “troika” (EU,ECB,IMF) to implement the 07/21 accord. Greece will keep its word and do its bit provided the troika fulfills its financial...

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Chapter News

President Barroso Delivers State of the Union 2011 Address and Answers Your Questions

European Commission President José Manuel Barroso will deliver the State of the Union Address 2011 tomorrow, September 28, at the European Parliament in Strasbourg. As Europe faces a defining moment, President Barroso will provide an assessment of where the Union stands and chart the way ahead, especially with respect to the EU's response to the economic crisis. The speech will be followed by a debate in the plenary. People can also directly address President Barroso as part of YouTube's World View...

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Chapter News

Ambassador Vale de Almeida Discusses EU Economy on C-SPAN

Appearing on C-SPAN's Washington Journal this morning, Ambassador João Vale de Almeida, Head of the European Union Delegation to the United States, welcomed the German Parliament's vote to expand the powers of the European Financial Stability Facility. "It was very good news for the capacity of Europe to deal with this crisis," said Ambassador Vale de Almeida. "Germany is an important country in the EU – one of the strongest economies. It is very clear that we want to exit...

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Chapter News

President Barroso’s State of the Union Address

Speaking to the European Parliament in his annual State of the Union Address, European Commission President José Manuel Barroso said "the economic outlook that we face is very difficult. We are confronted with the negative effects of an ongoing global re-assessment of risks. It is therefore our responsibility to rebuild confidence and trust in the euro and our Union as a whole. And we can do this by showing that we are able to take all the decisions needed...

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Chapter News

Commissioner Rehn on Europe’s Economic Agenda: Restoring Confidence, Fostering Growth

Speaking at the Peterson Institute for International Economics in Washington, DC, today, EU Economic and Monetary Affairs Commissioner Olli Rehn stressed that "the immediate challenge is to stabilize the situation in Greece" and that the "European Union is not going to abandon Greece. An uncontrolled default or exit of Greece from the euro zone would cause enormous economic and social damage, not only to Greece but to the European Union as a...

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Chapter News

EACCNY and Invest Macedonia Event

The EACCNY together with Invest Macedonia, the Macedonian Consulate in New York and the Manhattan Chamber of Commerce co-sponsored the Business Forum: Macedonia – The Most Competitive Business Destination in Europe. The Forum took place on September 23 at the Harvard Club of New York and attracted an audience of over 120 executives from a variety of business sectors. The event was moderated by Charles McCormick of McCormick O’Brien and featured presentations...

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Chapter News

Commissioner Rehn on Economic Outlook and Governance in the Euro Area

EU Economic and Monetary Affairs Commissioner Olli Rehn in his address to the European Parliament today stressed "The best way to foster growth at the current juncture is to vigorously implement structural reforms, including the Single Market, which will enhance the medium to long-run growth potential, but will also have positive short-run confidence effects. And to address remaining risks to financial stability, it will be essential to swiftly implement the 21 July euro area summit decisions and adopt the pending...

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Chapter News, Member News

Dodd-Frank Regulators Beware: New Rules Will Not Survive Without Sound Economic Justification

Jane C. Luxton | luxtonj@pepperlaw.com In late July, the Court of Appeals for the District of Columbia (D.C. Circuit) handed the Securities and Exchange Commission (SEC) a scathing rebuke, after reviewing the agency's first Dodd-Frank Act (DFA) regulation, a rule that would have required publicly traded companies to include in proxy materials potentially voluminous information on director candidates nominated by shareholders rather than by the board of directors. The opinion in Business Roundtable v. SEC sent a strong message that...

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Chapter News

European Council President Van Rompuy Welcomes the Decisions Taken to Strengthen Fiscal Discipline and Growth

"I welcome the decisions taken over the weekend in Europe both at national level, in Italy and Spain to strengthen fiscal discipline and growth, and by the ECB regarding the active implementation of its Securities Markets Program. These decisions will contribute to financial stability in the euro area. I also welcome the close cooperation at the global level of the G7 and the G20 to deal with the current challenges both the euro area and the USA are facing." Read...

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