Roxana Mînzatu, Executive Vice-President for People, Skills, and Preparedness Romania’s initial nominee, Victor Negrescu, was withdrawn following von der Leyen’s tempting offer of a more esteemed portfolio to countries that nominated a female candidate. In response, Romania proposed Roxana Mînzatu, thereby securing a Vice-President position. Roxana Mînzatu has been appointed Executive Vice-President for People, Skills, and Preparedness, with additional responsibilities for quality jobs. A long-standing member of the Social Democratic Party since her time at the University of Bucharest, where she...

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Power and water projects to receive €2.2 billion in financing. Urban and educational initiatives allocated €1.8 billion. Transport sector projects of €1.1 billion approved. EIB Board seminar with Civil Society discussed the impact of Group financing. The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland and schools in France to post-disaster reconstruction in Italy and railway safety in Croatia. The Board...

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Proposals around unfair dismissal and probationary periods not planned to come into force until autumn 2026 The government has today "unveiled" its Employment Rights Bill, as it looks to deliver "economic security and growth to businesses, workers and communities across the UK". Many of the proposed reforms have been heavily trailed in Labour's Make Work Pay plan and in the media after the government's election, but there has been increasing speculation as to what may or may not be included in...

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In this week’s Roar: Dealing with the Red Sea crisis, strong U.S. import volumes, the ILA’s stance on automation, stricter regulations in China, and a Port of Montreal update. The ongoing crisis in the Red Sea has led to an 80% decrease in volumes through the Suez Canal since May. This has put supply chain leaders in a position of needing to balance a number of priorities, such as cost management and operational efficiency, sustainability goals and business continuity, and short-term gains...

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