24 May
Chapter News, News

SMEs are driving job growth, but need higher investment in skills, innovation and tech to boost wages and productivity

Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook highlights that most SME job creation has been in sectors with below average productivity levels, with SMEs typically paying employees around 20 percent less than large firms. While SMEs are more engaged in new organisational or marketing practices...

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24 May
Chapter News, News

General Data Protection Regulation: one year on

On 25 May 2019, the General Data Protection Regulation will celebrate its first year of entry into application. To mark the occasion, Andrus Ansip, Vice-President for the Digital Single Market and Věra Jourová, Commissioner for Justice, Consumers and Gender Equality, issued the following statement: “25 May marks the anniversary of Europe's new data protection rules, the General Data Protection Regulation, also widely known as the GDPR. These game-changing rules have not only made Europe fit for the digital age, they...

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24 May
Member News

The New Closers: Why JRT Realty Rising Star Lauren Calandriello Is One To Watch

By: Miram Hall, Bisnow New York Lauren Calandriello’s path to commercial real estate was, in her own words, kind of random. Now a JRT Realty Group real estate associate, she was introduced to the firm’s CEO, Jodi Pulice, after taking a college study abroad program in Italy alongside Pulice’s son back in 2012. Pulice, always on the lookout for young talent, invited her in for a job interview two years later. “ likes to hire young women into the business and...

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24 May
Chapter News, News, Trade & TTIP Related

Fairness in the food supply chain: Commission proposes to increase price transparency

Having banned unfair trading practices and improved producer cooperation, the Commission is today presenting the third element to improve fairness in the food supply chain by introducing greater transparency in the way prices are reported throughout the chain. The European Commission today tabled a proposal that will make available crucial information on how prices are determined as agri-food products move along the food supply chain. Buying and selling price differences can provide information about intermediary costs (such as transport, insurance, storage,...

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24 May
Chapter News, News

Germany: Staff Concluding Statement of the 2019 Article IV Mission

May 17, 2019 A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic...

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24 May
Chapter News, News

European Elections 2019 Campaign Tracker

To help keep track of the European election campaigns, the European Parliament Press service provides a daily newsfeed on country-specific electoral facts, events and debates in all member states.  Here is the update for 24 May: VOTING TODAY: Czechia and Ireland are going to the polls today, to elect 21 and 11 MEPs respectively. Tomorrow’s voters are Czechia for the second day, Latvia, Malta and Slovakia. EUROPE. Lead candidates have travelled the continent to vote. Violeta Tomić (EL) voted early on...

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24 May
Brexit News, Member News

Theresa May resigns: What does it mean for Brexit?

Latest developments Prime Minister Theresa May has announced that she will resign on 7 June. A contest will then resume between multiple candidates in the Conservative Party deciding who will replace her as leader of the Party and as the new Prime Minister. Though it remains to be decided and worked out, the contest is likely to be completed by the end of July at which point a new PM will take office. Theresa May will remain PM until...

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24 May
Brexit News, Member News

The Weekly Vulcan View | Analysis of Latest EU Developments May 20 – 24

Key Events This Week May announces resignation setting off leadership contest Theresa May ended months of speculation about her leadership this morning as she gave an emotional statement confirming she would resign as Leader of the Conservative Party on June 7th. She will remain as Prime Minister until a new successor is chosen by Conservative party members with the expectation that over a dozen candidates may enter the race. The Prime Minister’s fate was sealed this week after a bruising rejection from...

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23 May
Member News, Trade & TTIP Related

President Trump Delays Implementation of Section 232 Tariffs on Imports of Automobiles and Automobile Parts

President Donald Trump today announced that his administration would delay for six months any action on the determination of the Department of Commerce (Commerce) in the Section 232 national security investigation into imports of automobiles and automobile parts. This investigation under Section 232 of the Trade Expansion Act of 1962 was self-initiated by Commerce in June 2018 (see Trump and Trade Update of June 1, 2018) and, while a final report and determination was presented to the president on February...

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23 May
Member News

Global Climate City Challenge supports climate action projects around the world

At the International Conference on Climate Action – ICCA 2019 – in Heidelberg, Germany, the Global Covenant of Mayors for Climate and Energy and the European Investment Bank have announced the 20 shortlisted cities of the Global Climate City Challenge. Launched at the Global Climate Action Summit in San Francisco in September 2018, the Global Climate Cities Challenge aims to strengthen technical assistance and financing for climate action projects especially in cities in Africa, Asia and Latin America as well...

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