13 Mar
Member News

Littler | French Court Finds Gig Platform Workers Are Independent Contractors, Not Employees

A recent decision issued in France indicates that whether a gig worker is an independent contractor or employee is a fact-specific inquiry. In this case decided last month, delivery platform Stuart, a subsidiary of the group La Poste, was prosecuted under French employment law for having employed deliverers as independent contractors, when, according to the prosecution, they were in fact employees (who should have worked under an employment contract). The main argument from the prosecution to support its claim for “concealed...

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10 Mar
Chapter News, Trade & TTIP Related

EU & US Manage to Overcome Trade Tensions – Joint Statement by President Biden and President von der Leyen

The United States and the European Union share the most comprehensive and dynamic economic relationship in the world. Our partnership is based on shared values and principles, including the responsibility to protect our planet for future generations and defend our workers. Today, the United States and the European Union are taking new steps to deepen our economic relationship as we build the clean energy economies of the future and address shared economic and national security challenges.  Building the Clean Economies...

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10 Mar
Chapter News

IMF | In Major Economic Shocks, Best Response Combines All-Out, Large-Scale Policies

Bank lending grew faster in countries with policy packages combining large fiscal, monetary, and prudential measures. Economists will be studying the pandemic for generations to learn from the dramatic global downturn and the ensuing credit crunch, but one important lesson about the scope of action needed to contain the next global crisis is already coming into focus. During the pandemic, countries often used all-out responses that combined large fiscal, monetary, and prudential policies like grants, credit facilities, and relaxed capital requirements....

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10 Mar
Member News

AlixPartners | With no end to the Ukraine conflict in sight, industry must expand production in response

It’s now been over a year since Russia invaded Ukraine. Today, NATO members are supporting Ukraine at arm’s length by supplying armaments, but the day-to-day conflict is stuck in a stalemate and expected to last far longer than expected. As a result, an increased production ramp is needed to provide continued supply of weapons, munitions, and tools that will enable Ukraine to withstand continued attacks. These reinforcements are required at a time when munitions are expended at an order of...

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10 Mar
Member News

Vulcan Insight | Energy Commissioner Simson on the 1-year anniversary of RePowerEU

On Thursday (9 March) Kadri Simson, the European Commissioner for Energy, spoke to the European Parliament’s Committee on Industry, Research and Energy (ITRE) at the Committee’s event on “One year of Russia’s invasion and war of aggression against Ukraine”. The subject of her speech was the energy outlook for the EU this winter & beyond. The war sent oil prices to a record, leading to unsustainable energy prices for industry and citizens across Europe, leading to the Commission’s first REPowerEU...

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09 Mar
Member News

NautaDutilh | New Whistleblower Protection Act: stricter requirements for employers in The Netherlands

On 18 February 2023, the Dutch House for Whistleblowers Act was amended into the Dutch Whistleblower Protection Act. Under the new Act, more types of employers than before must establish an internal reporting procedure for reporting a suspected wrongdoing. The Act also provides better protection for whistleblowers. In this newsletter, we explain which changes the Act contains, to whom these apply and as of when. Adjusted scope of the obligation of an internal reporting procedure The obligation under the Act to...

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09 Mar
Chapter News

ECB | Channelling Europe’s savings into growth

Europe must speed up its green and digital transition. For that, we need to complete the Capital Markets Union to provide effective financing. This is the plea made by the five Presidents of the ECB, EIB, European Council, European Commission and Eurogroup in a joint post The European Union is determined to fast-forward its green and digital transition. What we decide today will affect the generations to come. It is our collective responsibility to get it right. Creating net-zero industries,...

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08 Mar
Member News

EIB | Business case for women’s leadership

The best way to meet climate goals – and boost profits – is to put women in charge How can we meet the world’s climate goals? We can start by putting more women in charge. That will give us a much better chance of not only controlling global warming but also achieving greater prosperity along the way. Emerging research underscores the business and development case for applying a gender lens to climate-related investments. It also highlights the critical role women play...

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08 Mar
Chapter News

ECB Speech | The Quick and the Dead: building up cyber resilience in the financial sector

Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the Euro Cyber Resilience Board for pan-European Financial Infrastructures | Frankfurt am Main, 8 March 2023 | The proliferation of cyber threat actors combined with an increase in remote working and greater digital interconnectedness is raising the risk, frequency and severity of cyberattacks. Increasingly, cyber criminals are launching ransomware attacks and demanding payment in crypto. Cyberattacks related to geopolitical developments – Russia’s aggression...

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08 Mar
Chapter News

Antitrust: EU Commission confirms unannounced inspections in the fragrance sector

On 7 March 2023, the European Commission carried out unannounced inspections at the premises of companies and an association active in the fragrance industry in various Member States. In parallel, the Commission has sent out formal requests for information to several companies active in the same sector. The inspections and requests for information concern possible collusion in relation to the supply of fragrances and fragrance ingredients. Fragrances are used in the manufacture of consumer products such as household and personal...

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