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EU Takes Further Steps to Promote Growth, Budget Discipline

At a summit in Brussels Monday, European Union leaders agreed to sign a treaty to enforce budget discipline in the eurozone and took several new steps designed to stimulate economic growth. The new treaty, known as the fiscal compact, sets strict rules for government budgets and imposes sanctions on countries that breach EU budget deficit limits. All EU Member States — except Britain and the Czech Republic — agreed to sign the treaty. "The Treaty is all about more responsibility and...

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Start(ing)up America: A White House Initiative

"Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs." -President Barack Obama, January 31, 2011 Startup America is the White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. Startups are engines of job creation.  Entrepreneurs intent on...

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How the Public Sees Business Rules

The New York Times: Off the Charts, By FLOYD NORRIS Americans are split almost down the middle on the issue of whether there is too much regulation of business or too little. Residents of most other countries are more likely to think more regulation is needed. But there is widespread agreement around the world on one point: the current level of regulation is not right. In surveys of 1,000 people in each of 25 countries late last year, Edelman, a public...

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Internship Opportunity

The start-up Qwanz.com - a thriving opinion gathering platform who is launching a French and Spanish version of the site, as well as a Mobile App is currently seeking Social Media Editing + Community Management Interns (with potential to convert to full time position): https://www.internships.com/posting/Social-Media-Editor-Community-Manager

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EU Red-Flags ‘Volcker’

Planned U.S. Rule on Banks' Bets Is Seen as Threat to Worsen Debt Crisis Wall Street Journal: By FRANCESCO GUERRERA,TRACY CORRIGAN and SIMON NIXON DAVOS, Switzerland—The European Commission will complain to Treasury Secretary Timothy Geithner that proposed U.S. regulations could discourage banks from trading European sovereign bonds, potentially increasing funding costs for the Continent's governments and worsening its credit crunch. Michel Barnier, the European commissioner for the internal market, said in an interview that he plans to raise objections with Mr. Geithner...

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Central Bank Becomes an Unlikely Hero in Euro Crisis

From The New York Times By NICHOLAS KULISH - 1/21/12 BERLIN — Throughout the month, countries caught in the eye of the European financial storm, including Italy, Spain and France, have repeatedly defied expectations, selling big batches of bonds to the public at interest rates significantly lower than investors demanded at the height of the euro crisis late last year. The surprisingly successful auctions owe little to improving economic data around the region. On the contrary, many of the countries that use...

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Task for Danish Presidency: to prepare Europe for tomorrow

From January to June 2012, Denmark will hold the Presidency of the Council of the EU. During that time, it wants to bring Europe together and make it more resilient for the tough challenges ahead. Denmark is taking the helm at a difficult time for the EU. Along with other member countries and the EU institutions, it is looking to guide the bloc out of the economic crisis and put it back on the path to growth. The Danish government's 4...

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EACC Economic Update attracted a full house at Bloomberg, LP.

On January 12, 2012, the European American Chamber of Commerce, the Foreign Trade Commissioners Association, and Bloomberg Government held The Global Trade, Investment and Economic Outlook: Prospects for U.S. and Foreign Companies. The program was an enlightening and engaging debate on global trade, investments and the economic outlook on 2012 and beyond. Topics included forecasts for international growth, investment opportunities and risks, and the impact of government action. Panelists included James Bacchus, Chair, Global Practice Group, Greenberg Traurig, LLP; Dr. Jorg...

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Dodd-Frank in One Graph

Bloomberg Businessweek (By Karen Weise):  We read Dodd-Frank so you don't have to. Big portions of the financial reform law are set to go into effect this year. Intended to make corporate practices transparent, the law itself is anything but. The government has yet to spell out the details of most of the 400 new regulations it imposes. A non-headache-inducing guide.  

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