EIB Group President Nadia Calviño delivered the opening statement at the second InvestEU high-level event, focusing on Empowering a Competitive Union: from InvestEU to the European Competitiveness Fund. I am very happy to join you today, dear executive vice-president, dear colleagues. I will also be brief and compliment the executive vice-president's excellent introduction because I think that as a key partner to the European Commission and the implementation of InvestEU, which is a true success story and this is the spoiler, that's basically what I wanted...

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European Commission launches public consultation on U.S. countermeasures and prepares WTO challenge On Thursday, 8 May, the European Commission opened a four-week public consultation on a list of U.S. imports worth €95 billion subject to countermeasures, and on possible restrictions on certain EU exports to the US. This comes as the Commission is negotiating a mutually beneficial solution to U.S. tariffs—otherwise it will proceed both with targeted EU duties and a World Trade Organization (WTO) dispute. The list covers U.S. industrial and agricultural goods totalling...

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The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have deepened their long-standing partnership by signing a Mutual Reliance Agreement on environmental and social aspects. The agreement will  make it easier to finance projects together and get them off the ground more  quickly in common countries of operation. It  will also reduce red tape for our our clients. The agreement, signed in April in Washington on the sidelines of the Spring Meetings of the World...

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The new edition of the EU Tax Alert is available. With this publication we would like to keep you informed about the latest developments on EU tax law. We have summarized the highlights of this edition below. EU Council adopts DAC9 to facilitate the filing and exchange of Pillar Two-related information in the EU On 14 April 2025, the Economic and Financial Affairs Council (ECOFIN) formally adopted the proposed amendment to the Directive on Administrative Cooperation to facilitate the filing and...

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NAL’s SHOUT product line will integrate Iridium’s Enhanced Short Burst Data (ESBD) satellite service to enhance communications security and performance. MANASSAS, Va., May 5, 2025 — NAL Research, an industry leader in delivering trusted and resilient wireless and APNT solutions, is announcing the integration of Enhanced Short Burst Data (ESBD), leveraging the next generation version of Iridium’s Short Burst Data® (SBD®) service, into its industry-defining SHOUT trackers. The incorporation of this advanced two-way data transmission solution will bolster secure communications for U.S. Department of Defense, federal,...

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