National promotional institutions of France, Germany, Italy, Poland and Spain as well as EIB explore ways of stepping up cooperation and coordination in support of Europe’s security and defence industry. Cooperation to foster pan-European approach in areas such as research, industrial capacity, and infrastructure. The national promotional institutions of France, Germany, Italy, Poland and Spain as well as the European Investment Bank (EIB) will cooperate to bolster Europe’s security and defence industry. The six long term investors – Caisse...

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EU presents its 2026 draft budget On Wednesday, 4 June, the European Commission presented its draft budget for 2026, outlining the EU’s planned expenditure in alignment with its strategic priorities. The budget builds on the mid-term revision of the EU’s long-term budget (2021-2027), ensuring continuity and adaptability in the face of evolving challenges and opportunities. The 2026 draft budget aims to reinforce ongoing initiatives, including support for Ukraine, competitiveness, migration management, security and defence, strategic investments, and continued support for green and...

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Owners or executives at some companies know that their company is a great place to work but still have problems finding top talent to fill their positions. Why? The simple answer is that finding top talent is a fierce and competitive process. Similar to how job hunting is fierce and competitive from a job-seeker’s perspective, companies that want to find the best people have found it’s easier said than done; partly because all companies are doing it. Think about...

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Overview:  The dollar is mostly softer today in narrow trading ranges, though it is firmer against the yen and Swiss franc. The weakness of US data (ADP, ISM services, and anecdotal Beige Book) lifted the market confidence of at least two Fed cuts this year. Most emerging market currencies are also trading higher against the dollar today. Still, overall, the foreign exchange market is relatively calm, and ranges are mostly narrow. The outcome of ECB meeting today (rate cut...

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15 Years of TABS Inc. – Trusted U.S. Expansion Partner As TABS Inc. approaches its 15th anniversary, we look back with pride and forward with ambition. What started as a mission to help European businesses succeed in the U.S. has grown into a trusted partner for back-office solutions, compliance support, and strategic guidance for international companies navigating the complexities of the American market. Since our founding in 2010, TABS has had the privilege of supporting over a thousand different clients from...

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The agreement allows EIB Advisory to further increase its impact on supporting innovative decarbonisation projects in line with the Clean Industrial Deal. Companies can now apply for project development assistance via the EIB Innovation Fund Project Development Assistance website. The renewed agreement for the Innovation Fund Project Development Assistance (PDA) is building on the success of the first Innovation Fund PDA programme. The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance...

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By: Barbara T. Sicalides, Julian Weiss, Daniel N. Anziska, and Joseph A. Farside Jr., Troutman Pepper Locke The Federal Trade Commission (FTC) has agreed to accept the new administration’s first settlement of a merger-enforcement challenge. The settlement includes the divestiture of three businesses and will allow Synopsys, Inc. to complete its $34 billion acquisition of Ansys, Inc. Although the remedy is consistent with the previously announced remedies accepted by the UK’s Competition and Markets Authority and the European Commission (EC), the...

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I would like to start this newsletter by sharing some data published in an article by the Tax Foundation titled “Sources of Government Revenue in the OECD”. Please note that, although the article was published in May 2025, the OECD data it contains relates to 2023. The Tax Foundation’s analysis of the data states: “Developed countries raise tax revenue through individual income taxes, corporate income taxes, social insurance taxes, taxes on goods and services, and property taxes - the combination...

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