Chapter News

Chapter News, Trade & TTIP Related

High Fences Do Not Make Good Neighbors: It is the Economy, My Friends

When Christopher Columbus sailed the ocean blue in 1492, Western Europe accounted for about 20% of gross world product. Five centuries later, it is still around 20-25% of world GDP, but its North American daughter has surged to another 25%. The “West”, as we loosely call it, has thus 10% of the world’s population and almost 50% of its economic wealth, quite an achievement from the abject poverty of serfdom Europe and tribal North America. The common ties between...

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Trade agreements boost EU agri-food sector

Trade agreements can help increase sales and support jobs in the EU agri-food sector, a new study shows. Trade agreements have helped to boost EU agricultural exports and have supported jobs in the agri-food sector and other sectors of the economy, according to a new independent study carried out on behalf of the European Commission. Trade agreements with three countries – Mexico, South Korea and Switzerland – were studied in detail. Commissioner for Agriculture and Rural Development, Phil Hogan said: "These...

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Future of the EU: The European Parliament sets out its vision

  Is the EU still fit for purpose in its current form? With no shortage of challenges facing us the European Parliament has looked into how the EU can be improved. On 16 February MEPs adopted three reports setting out how they believe the EU needs to be reformed in order to boost its capacity to act, restore people’s trust and make the economy more resilient. The report by Guy Verhofstadt (ALDE, Belgium) considers what treaty changes might be needed for...

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Winter challenge: how many European capitals can you recognise?

  How well do you know Europe? Find out by taking part in our winter challenge! See how many European capitals you can identify correctly. To enter the challenge, simply click on the image above.  You will be presented with a picture of a European capital. Choose the correct city it represents. You have three guesses per picture. Good luck! Compliments of the European Parliament

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National progress on economic & social priorities reviewed

The Commission published today its annual analysis of the economic and social situation in Member States European Semester Winter Package Over the past twelve months, many EU countries have made further progress in addressing their key economic challenges, according to the European Commission's assessment today as part of an annual cycle of economic policy coordination at EU level.  Today's review follows the economic forecasts released last week. The 27 Country Reports provide the annual analysis by the Commission of Member States'...

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Chapter News, Trade & TTIP Related

EU Economic Outlook 2017

The European Commission today publishes its annual analysis of the economic and social situation in the Member States, including an assessment of remaining imbalances. It also publishes a report on the implementation of the Fiscal Compact, a report analysing the debt situation in Italy and a report, together with a proposal to the Council for a fine, on a case of misrepresentation of statistics in Austria. Member States are making headway in implementing the individual policy guidance they received last year...

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Here’s How to Keep TTIP Alive

After fifteen rounds of negotiations with the United States on the Transatlantic Trade and Investment Partnership (TTIP) since 2013, European Union (EU) Trade Commissioner Cecilia Malmström said that the free-trade deal is likely to be “in the freezer” until the new US administration has figured out its position on transatlantic trade. US President Donald Trump’s administration is not bound by any progress made in the TTIP negotiations by the previous Obama administration. TTIP was removed from the official White House...

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U.S. Vice President Mike Pence Meets With EU Leaders

  On his first foreign trip as Vice President, Mike Pence met with European Council President Donald Tusk, European Commission President Jean-Claude Juncker, and EU High Representative/Vice President (HRVP) Federica Mogherini in Brussels on Monday following the Munich Security Conference. Vice President Pence reaffirmed U.S. commitment to cooperation and partnership with the EU and its desire to strengthen the EU-U.S. political and economic relationship. Read more about the visit   Compliments of the Delegation of the EU to the US

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EU welcomes entry into force of the WTO Trade Facilitation Agreement

The Trade Facilitation Agreement (TFA) – the most significant multilateral trade deal concluded since the establishment of the World Trade Organisation (WTO) in 1995 - enters into force today. The ratifications by Chad, Jordan, Oman and Rwanda today means the deal has reached the pre-determined threshold of 110 WTO members required for its immediate entry into force. This agreement aims to simplify and clarify international import and export procedures, customs formalities and transit requirements. It will make trade-related administration easier and...

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European Semester 2017: Winter Package explained

What does today's package include? Today, the Commission publishes: 27 Country Reports (for all Member States except Greece, which is subject to a stability support programme), including the In-Depth Reviews (IDRs) for 13 countries identified in the Alert Mechanism Report of last November a Chapeau Communication on the main findings and results of the Country Reports and IDRs a report on the implementation of the Fiscal Compact in national legal frameworks and an accompanying Communication "Fiscal Compact: Taking Stock" a...

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