30 Sep
Chapter News

Rule of law: First Annual Report on the Rule of Law situation across the European Union

The European Commission has today published the first EU-wide report on the rule of law. Today's report includes input from every Member State and covers both positive and negative developments across the EU. It shows that many Member States have high rule of law standards, but important challenges to the rule of law exist in the EU. It also reflects relevant developments stemming from the emergency measures taken by Member States due to the coronavirus crisis. The report covers four main pillars with a...

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29 Sep
Member News

EIB welcomes launch of European Raw Materials Alliance

On 29 September, European Investment Bank (EIB) Vice-President Ambroise Fayolle took part in the launch of the European Raw Materials Alliance. The creation of this industry-driven alliance is part of the European Commission’s Action Plan on Critical Raw Materials to reduce Europe’s dependency for non-energy raw materials used in industrial value chains through exploration, resource efficiency and improved recycling, and was presented on 3 September 2020. The European Raw Materials Alliance, open to relevant stakeholders, will identify barriers, opportunities and investment cases and aims...

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29 Sep
Chapter News

‘Strategic autonomy for Europe – the aim of our generation’ – speech by President Charles Michel to the Bruegel think tank

It is a pleasure and a privilege to speak to you today under the aegis of the Bruegel Institute. Your contributions to the debate on Europe do not go unnoticed; they have an impact. European strategic autonomy. Or sovereignty? Or strength? We all know that concepts and words can take on different connotations depending on the context. Today I’d like to concentrate on the substance behind the words. But first of all, I’d like to avoid laying myself open to...

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29 Sep
Member News

WSGR | Draft EDPB Guidelines Clarify the Roles of Parties Processing Personal Data and Call for Detailed Data Processing Agreements

On September 7, 2020, the European Data Protection Board (EDPB) published draft guidelines (Guidelines) intended to clarify the roles of the parties processing personal data and when they are operating as controllers, joint controllers, or processors under the EU General Data Protection Regulation (GDPR). The concepts of controller, joint controller, and processor are critical under EU data protection law, as they define the roles and responsibilities of the parties. The Guidelines confirm the EU courts' broad interpretation of joint controllers...

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29 Sep
Chapter News

Federal Reserve issues FOMC statement

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have picked up in recent months but remain well below their levels at the beginning of the year. Weaker demand and significantly lower oil prices are holding down...

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28 Sep
COVID-19 News, Member News

COVID-19 & Manufacturing

1/ Introduction, Management summary: Unfortunately, as we understand now, COVID-19 will not go away in a matter of weeks or months. Even with a vaccine, scientists have doubts about a prompt turnaround of the situation we are in. It is to be considered as a major disruption on top of others, as the world trade rebalancing with the ongoing trade wars, global warming concerns, and the geopolitical instability that will contribute to profound structural evolutions of our economies for the...

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28 Sep
Member News

Landmark Public Affairs | The UN at 75: Defining a role for business to make the UN fit for purpose

As the United Nations turns 75, it’s time to institutionalize cooperation with the private sector. H.E. Mr. Volkan Bozkir of Turkey will preside over the 75th session of the General Assembly, opening this week in New York. Public-private partnerships have long been a part of the United Nations’ work, but they have largely existed outside of the policy-making process, serving to implement the agenda driven by Member States. Though logical given the UN’s original mandate, the UN has vastly expanded its...

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28 Sep
Chapter News

EACC COVID-19 Return To Work & Travel Attitudes Survey September 2020

The EACC chapter network recently asked its members across the network in Europe and the United States a series of questions to gauge how the pandemic was impacting their willingness to gauge in a range of activities. This repeated a survey we did a few months ago. We found some significant differences between Europe and the U.S. For example – overall, 57 percent of respondents said they had already or were prepared to return to their normal workplaces.  However, 73...

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28 Sep
Chapter News, COVID-19 News

COVID-19: Council approves €87.4 billion in financial support for member states under SURE

The Council on September 25, 2020 approved €87.4 billion of financial support to 16 member states in the form of EU loans under SURE – a temporary EU instrument to mitigate unemployment risks during the COVID-19 crisis. The support will help the member states finance the severe increase in public expenditure incurred as of 1 February 2020 as a result of the use of national short-time work schemes and similar measures, including for self-employed persons, and some health-related measures in...

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28 Sep
Chapter News

Customs Union: New Action Plan to further support EU customs in their vital role of protecting EU revenues, prosperity and security

The European Commission has today launched a new Customs Union Action Plan setting out a series of measures to make EU customs smarter, more innovative and more efficient over the next four years. The announced measures will strengthen the Customs Union as a cornerstone of the Single Market. They also confirm its major role in protecting EU revenues and the security, health and prosperity of EU citizens and businesses. In her political guidelines, President von der Leyen announced that the Customs Union...

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