25 Jun
Chapter News

IMF | Explainer: How the IMF Finances Itself and Why it Matters for the Global Economy

Countries can count their contributions to the IMF as their own reserve assets under a unique funding model that does not require budget appropriations or any other taxpayer support The IMF may be best known for lending to crisis-hit countries. But what about its own finances? How does it finance its critical functions and cover its operational expenses? Let’s remember that the IMF is not only a global financial firefighter. It also provides policy advice and technical support to help members create...

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25 Jun
Chapter News

OECD | Governments should strengthen public trust by improving efficiency, citizen engagement and access to public services

Governments can strengthen public trust by ensuring meaningful public engagement in decision-making, using tools such as spending reviews and digital technologies to increase efficiency and enhancing access to justice and public services, according to a new OECD report. Government at a Glance 2025 highlights the mounting fiscal pressures across OECD countries, with public debt reaching 112% of GDP in 2024 – up from 73% in 2007. The report shows how these fiscal pressures come as action is needed to respond to demographic,...

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25 Jun
Member News

Noerr | No-poach agreements in an M&A context: European Commission imposes significant antitrust fines

Antitrust in labour markets remains a hot topic in the EU. There have been recent landmark decisions by the European Commission (“Commission”) and the French Competition Authority which, alongside Advocate General Emiliou’s opinion in the pending Tondela “Football” case, are instructive for companies navigating the pitfalls of no-poach agreements under antitrust law. These have prompted us to update our previous article. EU Commission on no-poach agreements in an M&A context In 2018, Delivery Hero acquired a minority stake in Glovo, achieving full...

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24 Jun
Chapter News

Council of the EU | Simplification: Council agrees position on sustainability reporting and due diligence requirements to boost EU competitiveness

Member states’ representatives agreed today the Council’s negotiating mandate on simplifying sustainability reporting and due diligence requirements to boost EU competitiveness. This proposal aims at simplifying the directives on corporate sustainability reporting (CSRD) and due diligence (CS3D) by reducing the reporting burden and limiting the trickle-down effect of obligations on smaller companies. "Today we delivered on our promise to simplify EU laws. We are taking a decisive step towards our common goal to create a more favorable business environment to help our companies...

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24 Jun
Member News

EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership

The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military base in Lithuania. EIB Group shareholders launch largest EU programme to fund Europe’s technological leadership and approve first wave of new instruments to support cleantech. EIF Board approves deal with German Export Credit Agency to provide a...

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24 Jun
Chapter News

ECB | Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament Brussels, 23 June 2025 It is a pleasure to be with you again for our regular exchange. This year has been one of profound global economic and geopolitical uncertainty. As we navigate a world increasingly marked by fragmentation, uncertainty and conflict, Europe must reaffirm its role as a pillar of economic and political stability. And with the foundations of global...

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24 Jun
Member News

Cilcare launches a groundbreaking 3D Bioprinting Project with human cells to advance therapies for hearing disorders

Cilcare is pleased to announce that its innovative INEAR3D project has been selected by the Companies & Campus initiative, supported by the University of Montpellier and its Pôle Universitaire d’Innovation (PEI). The project has received a €50,000 grant in recognition of its scientific impact and alignment with the PEI’s health and sustainability priorities. Led by Dr. Sylvie Pucheu, Director of Preclinical Innovation at Cilcare, INEAR3D represents a bold leap forward in the development of human-based in vitro models for auditory drug screening. The project is carried out in collaboration with the Institut Charles...

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24 Jun
Member News

Briddge | Upcoming Dutch and European Tax changes & Highlight: negative wages from selling company shares

We have summarized the upcoming Dutch and European tax changes as well as a recent opinion issued by the Knowledge Group of the Dutch Tax Authority regarding “negative wages,” clarifying the tax treatment of losses employees may face when forced to sell shares under bad leaver clauses. Changes in the Netherlands  VAT and Holding companies From July 1st, 2025, the Dutch "Holding Decree" and ‘’Share Sale Decree’’ will be replaced by two new decrees: the Deduction Decree, which introduces guidelines for the deduction of VAT...

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23 Jun
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Disruptions in global air and ocean freight, growing economic concerns, an update on the US–UK trade deal, details from the Global Supply Chain Risk Survey, and how inventory forecasting is changing the industry.

In Q2, US trade policies impacted more than Chinese imports. They’ve also disrupted global air and ocean freight, affecting Europe who is now dealing with unstable shipping volumes and unpredictable demand. The ocean freight market has shown some signs of stabilization, but remains weak, with carriers using blank sailings to control overcapacity. An uncertain future regarding US tariffs on EU imports threatens even further disruption. A brief spike in ocean bookings after the US-China truce wasn’t enough to reverse the...

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23 Jun
Member News

Vulcan View: The latest EU developments 16 June – 20 June

European Commission presents Defence Omnibus proposal On Tuesday, 17 June, the European Commission unveiled a sweeping package of proposals aimed at dramatically speeding up investment in Europe’s defence industry. In response to the urgent security challenges posed by the ongoing war in Ukraine, the Commission has proposed the “Defence Readiness Omnibus.” This initiative seeks to minimise bureaucracy, clarify regulations for investors, and enhance Europe’s ability to develop the necessary military capabilities. The move signals a significant push from Brussels to...

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