Member News

GDPR: (Almost) one year later

The EU General Data Protection Regulation (GDPR) took effect 11 months ago. After almost a year of GDPR that became applicable on May 25, 2018, it should be investigated how the main subjects of this Regulation – the companies processing personal data and the member states’ supervisory authorities (“Supervisory Authorities”)– are dealing with it. For instance, the recent Open Right Group’s survey (see below)  shows the number of complaints made by the data subjects (Chart 1) and the number of data breach notification...

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Chapter News, News

Facts and figures: European Parliament’s 2014-2019 term

What was the European Parliament like during its 2014-2019 term? Find out some interesting facts ahead of the European elections on 23-26 May that will shape the next Parliament. Less than half of the MEPs that arrived in July 2014 were new to the Parliament. Some 51.5% had served as MEPs previously. Greece had the largest proportion of new MEPs at 90.5%. The share of women MEPs was 36.9% at the start of the term, decreasing slightly to 36.5% at end...

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Brexit News, Member News

Weekly Vulcan View | Analysis of latest EU developments 22 – 26 April

Key Events This Week Brexit: State of Play If Brexit goes ahead, the Scottish Nationalist Party under Nicola Sturgeon will seek another referendum before the 2021 Scottish Parliamentary Elections. Sturgeon suggested that the case for independence is “even stronger now”, given the “profound changes” that have occurred since 2014. Brexit has been a political gift to the SNP. 62 percent of Scots rejected it, in every single region – the most resounding Remain vote of the UK’s four nations. A year after...

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Chapter News, News

New round of U.S. tariffs a ‘modest’ hit for euro area: ECB Report

A new round of tariffs between the United States and its main partners would only cause a “modest decrease” in the pace of economic growth in the euro zone, according to research by the European Central Bank. The study simulated a two-way, 10 percent increase in tariff and other trade barriers between the world’s largest economy and all its partners. It showed an “overall modest decrease in activity” in the euro area due to fading global confidence outweighing a boost to...

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Chapter News, News, Trade & TTIP Related

 ECB Economic Bulletin- The economic implications of rising protectionism: a euro area and global perspective

Prepared by Vanessa Gunnella and Lucia Quaglietti Published as part of the ECB Economic Bulletin, Issue 3/2019. The risk of a trade war came sharply into focus in 2018, as protectionist threats by the US Administration and its trading partners were followed by concrete actions. Tensions rose over the summer and, while these have been defused on some fronts, the risk of further escalation remains material. The impact of the measures implemented so far on the global and euro area economic outlooks...

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Member News

E-2 Treaty Investor Visas Available to Israeli Nationals as of May 1, 2019

By Tara L Vance | Holland & Knight The U.S. Embassy in Israel has finally made the long-awaited announcement that the required treaty agreement has been signed pursuant to which nationals of Israel will be able to apply for an E-2 visa as of May 1, 2019. What Is an E-2 Visa? An E-2 visa is a nonimmigrant work visa that permits a national of a qualifying country, such as Israel beginning May 1, 2019, to come to the U.S. temporarily if...

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Member News

Update on Property Tax Issues: April 2019

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).   USA New York: New York State’s 2 percent tax cap, first signed into law in 2011 and renewed periodically since then, is now permanent. Governor Andrew Cuomo included...

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Chapter News, News, Trade & TTIP Related

EU-U.S. Trade: Commission welcomes Council’s green light to start negotiations with the United States

The European Commission welcomes today's decision by the Council to adopt the negotiating directives for trade talks with the United States, thus continuing to deliver on the implementation of the Joint Statement agreed by Presidents Juncker and Trump in July 2018. European Union Member States gave the Commission the green light to start formal negotiations with the U.S. on two agreements, one on conformity assessment, and the other on eliminating tariffs on industrial products. This is just three months after...

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Member News

How to hire foreign employees in the US

US-based companies looking to hire a foreign person to work in the country must understand the difficult visa processes. While there are complexities around bringing foreign talent into the US, there still are many options for building your workforce with qualified employees, especially when looking to transfer current employees from other countries. Prior to hiring foreign workers in the US, companies have many things to consider such as cost and time commitment, documentation and procedures and types of visas. Cost and time While...

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Member News

Vulcan Insight Analysis of the latest EU Developments 15 – 19 April 2019

Key Events This Week Pelosi Backs the Good Friday Agreement Nancy Pelosi is the only woman to have served as speaker of the House, and is the highest-ranking elected woman in United States history. Speaking at the London School of Economics on Monday evening, Mrs Pelosi said the 1998 Good Friday Agreement was a model that could not be “bargained away in another agreement… if there were any weakening of the Good Friday accords, there would be no chance whatsoever, a...

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