The Commission proposes new EU rules for the recovery and resolution of Central Counterparties (CCPs) which are critical in managing risks throughout the financial system. Emphasis is given to preparation and prevention, early intervention and resolution. The European Commission has today proposed new rules to ensure that systemic market infrastructures in the financial system, known as Central Counterparties (CCPs), can further increase stability in financial markets. A Central Counterparty acts as the intermediary to both sides of a transaction in a...

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Commission takes on board findings of three evaluations, in line with its proposal to reinforce and expand the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe. The Investment Plan for Europe has already proven useful in encouraging a sustainable increase in investment across Member States. Given the concrete results achieved since the Commission unveiled the Investment Plan two years ago, President Jean-Claude Juncker presented a proposal in his State of the Union address of...

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The EACC Cincinnati is looking for the new Executive Director to replace Anne Cappel who will be refocusing her career towards Economic Development The EACC Cincinnati is currently recruiting for the next Executive Director. If you are interested  to lead a dynamic Cincinnati based organization with global reach into a new phase of growth - check out the Link below. Please find the link to the position here

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Security has been a constant theme since the beginning of the Juncker Commission's mandate – from President Juncker's Political Guidelines of July 2014, to the latest State of the Union address in September 2016. In his speech, President Juncker announced that by November the Commission will propose a European Travel Information and Authorisation System (ETIAS) – an automated system to determine who will be allowed to travel to Europe. The Commission's proposal to establish this system is a first deliverable...

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Supporting public investments that increase economic growth Reducing unemployment, strengthening the euro area’s growth prospects and ensuring the future resilience of the European economy require better tailored fiscal tools at euro area level. Today, the limits of the EU’s fiscal framework mean that the euro area has had to rely excessively on the monetary policy of the European Central Bank (ECB) to ensure macroeconomic stability. As these monetary policy tools are increasingly stretched, calls for a more balanced policy mix...

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The decision made by Britain to leave the EU and the political and economic consequences that will follow have made a measurable impact for citizens of other member states: their support of the European Union has grown.   More Europeans wish to be a part of the European Union. Between March 2016 and August 2016 the support for being a member of the Union grew by five per cent, and is now at 62% across Europe. Notable is the increase in...

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"I believe in the benefits of trade, for Italy and for Europe. Economic benefits like prosperity, and jobs. But also social benefits – more connections, more opportunities, wider horizons. Trade brings people together, and it is a formidable force for good." Earlier this week, EU trade Commissioner Cecilia Malmström met Italian politicians, businessmen, and civil society in Milan to talk about the importance of European trade policy: where it is, and where we need to take it. Malmström further said that...

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The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2016 was €176.7 billion, an increase of 2% compared with September 2015 (€173.2 bn). Imports from the rest of the world stood at €150.2 bn, a fall of 2% compared with September 2015 (€154.0 bn). As a result, the euro area recorded a €26.5 bn surplus in trade in goods with the rest of the world in September 2016, compared with...

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The European Economic and Social Committee (EESC) and the International Labour Organization (ILO) have started a two-day high-level dialogue on the future of work bringing together more than 300 representatives of the social partners and civil society in Europe. They are expected to map out the main drivers of change which are transforming jobs and the economy in Europe. Participants will discuss possible solutions to future of work challenges and examples of good practice that will feed into the ILO’s...

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Interactive figures and statistics, an easily loadable map with all the companies funded by the SME Instrument, a list of projects in your business area or region – you name it! Our new interactive data hub goes live today and will be able to cater for all your needs.  Here's how it works. By navigating on the top left of the data hub bar you can choose to generate either the map, the list of projects or statistics. All of...

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