Chapter News

03 Aug
Chapter News, Trade & TTIP Related

Recent EU Trade Figures

The EU has become deeply integrated into global markets. The openness of our trade regime has meant that the EU is the biggest player on the global trading scene and remains a good region to do business with. Overview Top trading partners Countries and regions statistics View this Table for illustration. Trade flows (€bn)Year-on-year growth (%)EU28 merchandise trade with Extra-EU28ImportsExportsBalance% Imports growth% Exports growthJun14-May15Jul14-Jun15Aug14-Jul15Sep14-Aug15Oct14-Sep15Nov14-Oct15Dec14-Nov15Jan15-Dec15Feb15-Jan16Mar15-Feb16Apr15-Mar16May16 -Apr16Jun15 -May16-500 €bn0 €bn500 €bn1000 €bn1500 €bn2000 €bn-5 %0 %5 %10 %15 %20 % EU28 merchandise trade with Extra-EU28 More on Statistics Trade flows in goods between...

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03 Aug
Chapter News

Ambassador O’Sullivan Reflects on the EU-U.S. Partnership

We may be in the midst of summer, but don’t expect the “gone fishing” sign to be put up anytime soon when it comes to EU-US relations. Last week in Warsaw, President Barack Obama met with European Commission President Jean-Claude Juncker and President of the European Council Donald Tusk. They were joined by Secretary of State John Kerry and his counterpart, High Representative Federica Mogherini. At times, high-level heads of state meetings will be limited to an exchange of pleasantries and...

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03 Aug
Chapter News

UN chief launches first report to track Sustainable Development Goals

Launching the first-ever Sustainable Development Goals report on the new global development agenda adopted last year, Secretary-General Ban Ki-moon today said that the 15-year undertaking is “off to a good start” but will require all parts of the UN family and its partners to work together. “We have embarked on a monumental and historic journey,” the Secretary-General told the UN High-level Political Forum on Sustainable Development (HLPF), which opened on 11 July and ends on 20 July, at the UN...

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03 Aug
Chapter News

U.S. Secretary of Commerce Penny Pritzker Statement on the EU-U.S. Privacy Shield Framework Certification Process Launch

U.S. Secretary of Commerce Penny Pritzker issued the following statement on today’s launch of the self-certification process for U.S. organizations participating in the EU-U.S. Privacy Shield Framework (Privacy Shield).  “After more than two years of discussions, it is time to implement the new EU-U.S. Privacy Shield Framework with our partners in Europe and companies on both continents. With the Privacy Shield in place, businesses will be able to protect privacy and truly seize the opportunities offered by the transatlantic digital...

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02 Aug
Chapter News

President Juncker consults the European Parliament on Sir Julian King as Commissioner for the Security Union

Today, President Juncker announced his intention to allocate the Security Union portfolio to Sir Julian King, the candidate for Commissioner from the United Kingdom On 11 July, President Juncker interviewed Sir Julian King as the candidate for Commissioner from the United Kingdom to replace former Commissioner Lord Hill. On this basis, President Juncker has today announced his intention to allocate the Security Union portfolio to Sir Julian King. The Commissioner for the Security Union will support the implementation of the European...

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01 Aug
Chapter News

2016 External Sector Report : New External Assessments Show Larger Imbalances in 2015

External imbalances widened again in 2015 after narrowing in the aftermath of the global financial crisis. Countries should take measures that reduce excess imbalances without compromising global demand, according to a new IMF analysis. The 2016 External Sector Report (ESR), the fifth annual exercise of its type, analyzes recent developments and provides updated staff assessments of countries’ external positions, including current account balances, real exchange rates, external balance sheets, capital flows, and international reserves. The ESR, which covers 29 of the...

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01 Aug
Chapter News

Spring 2016 Standard Eurobarometer: Strong public support for Commission’s political priorities

Europeans see immigration and terrorism as the major challenges facing the EU at the moment, and they support the political priorities of the European Commission. Europeans see immigration and terrorism as the major challenges facing the EU at the moment, and they support the political priorities of the European Commission. These are two key results of the latest Standard Eurobarometer survey published today. The survey was carried out between 21 and 31 May 2016 in 34 countries and territories. Immigration and...

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01 Aug
Chapter News

EIB supports projects promoted by SMEs in agriculture with EUR 15 million loan – the first EIB transaction under EFSI in Romania

The European Investment Bank (EIB) is lending EUR 15 million to Agricover Credit IFN in order to finance smaller projects implemented by SMEs in the agricultural sector. This is the first EIB transaction in Romania benefitting from the support of the EU budget guarantee under the European Fund for Strategic Investments (EFSI), the financing component of the Investment Plan for Europe (IPE). EIB Vice-President Cristian Popa stated: “This is the first operation for Romania approved under the EFSI component of...

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29 Jul
Chapter News, Trade & TTIP Related

Ten Arguments for TTIP and the Concerns to Address

The United States and the European Union (EU) share the largest trade and investment relationship in the world, with more than $5.5 trillion in commerce every year and up to fifteen million jobs generated on both sides of the Atlantic. Currently under negotiations, the Transatlantic Trade and Investment Partnership (TTIP) will bolster this key partnership, increasing efficiency, spurring job creation, and generating opportunities for innovation and small and medium enterprises. At a time of slow recovery from the 2009...

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29 Jul
Chapter News

Investment Plan for Europe: €62 million for wind and solar farms across the EU

The European Investment Bank (EIB) has signed an agreement with Sustainable Sàrl, a subsidiary of SUSU Partners AG, committing up to €62 million into the SUSI Renewable Energy Fund II. The agreement is guaranteed under the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. The signing underlines Europe’s strategy to invest in environmental sustainability and a sustainable, competitive, and secure energy supply. The portfolio of SUSI’s second renewable energy fund currently comprises already 13...

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