Chapter News

Chapter News, News

Stereotypes of Europe

As published in The Economist: May 30th 2012, 16:13 by J.S. | LONDON ONCE in a while an opinion poll throws up an insight that is very revealing; yesterday it was the Pew Global survey of European countries. Among the usual questions about attitudes to the euro and the European Union, people in eight nations (Britain, France, Germany, the Czech Republic, Greece, Italy, Poland and Spain) were asked which country in the European Union is the hardest-working. The Greeks ignored the obvious answer...

Read more

Chapter News, News

Trade Commissioner De Gucht Calls for Transatlantic Deal

Speaking at the European Parliament's Workshop on Transatlantic Economic Relations, European Commissioner for Trade Karel De Gucht called for the EU and the US to seek "a new, comprehensive transatlantic agreement that covers all relevant economic issues." Broad trade liberalization across the Atlantic would help economic recovery, said Commissioner De Gucht, and effective regulatory cooperation would further reduce costs because companies would not have to comply with different requirements that have the same objectives."Our remit is to look at all...

Read more

Chapter News, News

Ambassador Vale de Almeida: EU is America’s Foremost Strategic Partner

Writing under the headline "EU and US - Strategic Partners in Peace and Security" in an op-ed in The Hill, João Vale de Almeida, Head of the European Union Delegation to the U.S., notes that "thousands of EU personnel are currently staffing 13 active peace-keeping missions around the world in fragile states." Ambassador Vale de Almeida writes that EU missions help train police in Afghanistan, establish the rule of law in Iraq, and contribute to Kosovo's efforts to develop an...

Read more

Chapter News, News

Taxation trends in the European Union – Data for the EU Member States, Iceland and Norway

EUROstat just released a report on Taxation trends in the European Union, the report contains a detailed statistical and economic analysis of the tax systems of the Member States of the European Union, plus Iceland and Norway, which are Members of the European Economic Area. The data are presented within a unified statistical framework (the ESA95 harmonised system of national and regional accounts), which makes it possible to assess the heterogeneous national tax systems on a fully comparable basis. The...

Read more

Chapter News, News

Statement by Vice-President Olli Rehn following the political agreement on the EU-EIB Project Bonds Initiative

Brussels, 22 May 2012 I welcome the agreement today in the "trilogue" with the Parliament and Council on our proposal for the pilot phase of Project Bonds, which paves the way for the vote on 31 May. This is an important initiative that can contribute to strengthen our economy. Promoting public and private investment is indeed a cornerstone of our growth initiative. The Project Bond Initiative by the EU and the EIB will support the financing of commercially viable infrastructure projects...

Read more

Chapter News, News

Statement by President Barroso following his meeting with Mr Panagiotis Pikrammenos, interim Prime Minister of Greece

I have just met with the interim Prime Minister of Greece, Mr Panagiotis Pikrammenos. His government has a clearly defined yet vital role to play in the coming weeks. I reiterated the Commission's strong desire that Greece should remain a member of the euro area and that we will continue to do everything in our power for this to happen. The euro area has shown unprecedented solidarity to Greece and its people. It has made a commitment to maintain financial support...

Read more

Chapter News, News

EU Parliament adopts ambitious approach on financial transaction tax

Plenary Session Taxation − 23-05-2012 - 12:38   The proposed financial transaction tax should be better designed to capture more traders and make evasion unprofitable, said the European Parliament in its opinion adopted on Wednesday. The opinion also says the tax should go ahead even if only some Member States opt for it. The tax rates proposed by the Commission (0.1% for shares and bonds and 0.01% for derivatives) are considered suitable and pension funds should be the only sector...

Read more

Chapter News, New York Related News, News

NYC is building A Green Manufacturing Center at Brooklyn Navy Yards

Mayor Bloomberg and Governor Cuomo announce Brooklyn Navy Yard to make $46 million Investment to build a green manufacturing center creating nearly 300 new jobs New York City Regional Economic Development Council Priority Project Identifies Two High-Tech Anchor Tenants for New 222,000-Square-Foot Facility: Crye Precision, Body-Armor and Apparel Manufacturer for the U.S. Military; and New Lab, a Co-Design and Manufacturing Space Mayor Michael R. Bloomberg, Governor Andrew M. Cuomo, Brooklyn Borough President Marty Markowitz and State and City elected officials today...

Read more

Chapter News, News

EU Newsbrief: Lessons of the Financial Crisis – President Barroso Remarks to the UN

"The economic crisis has a global nature, its impact has been global and the remedies must also have a global dimension," said European Commission President José Manuel Barroso in New York today. In his address to the UN General Assembly, he pointed out that "there is a tendency to view the ongoing crisis in the eurozone as distinct from the financial crisis that struck the United States in 2007. But in fact, their causes are the same." President Barroso highlighted Europe's...

Read more