16 Jul
Member News

Vulcan Insight | EU Commission presents legislative package to meet climate ambition

"Fit for 55" aims to radically transform Europe's transportation Earlier this year, the European Union legally committed itself to reducing its carbon emissions by 55%, compared to 1990, by 2030 and become carbon neutral by 2050. The Commission’s new “Fit for 55” package has now proposed far-reaching legislation to radically transform Europe’s transport system. Among the many initiatives put forward by the European Commission, its proposed phasing out of the internal combustion engine by 2035 is surely Commission President von der Leyen’s landmark proposal. While...

Read more

15 Jul
Chapter News

ECB | A new strategy for a changing world

Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at a virtual event series hosted by the Peterson Institute for International Economics | Last week the Governing Council of the European Central Bank (ECB) published its new monetary policy strategy. It was the ECB’s first review of its strategy since 2003, with most features of the framework still dating back to its founding years. Since those times, the world economy has changed in fundamental ways. About half of today’s ten...

Read more

14 Jul
Chapter News

ECB | Interview with Financial Times: Christine Lagarde

Interview with Christine Lagarde, President of the ECB, conducted by Martin Arnold on 11 July 2021 | It is only a few days since you announced a new strategy. How will this change the ECB? I think what has changed is how we define price stability and while in the past, we had this vaguely ambiguous and a little bit complex “below, but close to, two per cent”, we now have what I would call a simple, solid, symmetric two per...

Read more

14 Jul
Chapter News

ECB | Preparing for the euro’s digital future

Blog post by Fabio Panetta, Member of the Executive Board of the ECB | We are entering the age of digital money. Much like commodity or representative money in the past, digital money is emerging in response to changes in society and technology. Today, digitalisation is reaching all areas of our lives. The coronavirus (COVID-19) pandemic has shown just how fast such change can happen. And this is affecting the way we pay. We are increasingly buying digitally and online. The...

Read more

14 Jul
Member News

Stout | Automotive Recall Accelerator, July 2021

Stout's Automotive Recall Accelerator brings together unique and important news, analysis, and insights related to automotive recall and vehicle safety. Recent Developments A dangerous defect arising from a suspected supplier quality deviation that can cause short-circuits and vehicle fires was identified by a vehicle manufacturer in September 2020. The defect is caused by brake fluid leaking into the hydraulic electronic control units (HECUs). The remedy involved replacement of the HECU if brake fluid is found within it. In May 2021, the...

Read more

14 Jul
Member News

Troutman Pepper | Companies Should Exercise Caution When Addressing Anonymous Whistleblower Complaints

Public companies should proceed with caution when receiving and investigating anonymous whistleblower complaints. Several public companies recently received whistleblower complaints from an anonymous source – each with identical or similar wording – purporting to concern alleged insider trading by employees at the recipient company. These complaints, which have been submitted to the third-party ethics or whistleblower e-mail hotlines at a number of public companies, allege that unidentified company employees made statements suggesting that the employees traded in the company’s...

Read more

14 Jul
Chapter News

European Green Deal: EU Commission proposes transformation of EU economy and society to meet climate ambitions

Today, the European Commission adopted a package of proposals to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Achieving these emission reductions in the next decade is crucial to Europe becoming the world's first climate-neutral continent by 2050 and making the European Green Deal a reality. With today's proposals, the Commission is presenting the legislative tools to deliver on the targets agreed in the...

Read more

13 Jul
Member News

TABS | When Is The Right Time To Dive Into The Hot U.S. Economy?

An article on the impact of the Biden Administration.  Doing business in the U.S. Many European companies realized a healthy year-over-year increase in their U.S. revenues for fiscal year  2020. This was especially the case for E-commerce companies that saw  sharp increases, often as a direct result of Covid-19. European companies have benefited from the strong recovery in the U.S. in the later part of 2020 which appears to be carrying over into 2021; the U.S. economy grew by 6.5% in...

Read more

13 Jul
Member News

Via | Fleet electrification and the transition to shared, low-carbon mobility

Cities are investing in new technology that makes planning, managing, and scheduling a fully electrified fleet — or a mixed fleet — easier than ever before. Ask any city leader or transportation expert to talk about their vision for a low-carbon future, and electric vehicles (EVs) will be prominently featured. Transportation generates the largest share of greenhouse gas emissions, so EVs are a critical piece of the transportation decarbonization puzzle. Transit fleets are especially well suited for vehicle electrification, for a number of reasons. Because...

Read more

13 Jul
Chapter News

Economic and Financial Affairs Council

Main results Infographic - Recovery fund: the EU delivers See full infographic Ministers focused on the economic recovery. They adopted the first set of Council implementing decisions on the approval of 12 national recovery and resilience plans. Austria, Belgium, Denmark, France, Germany, Greece, Italy, Latvia, Luxembourg, Portugal, Slovakia and Spain can now sign grant and loan agreements and start receiving funds from the EU's Recovery and Resilience Facility. Ministers also exchanged views on the further implementation of the Recovery and Resilience Facility. The Facility will make...

Read more

«‹341342343344345›»