Remarks by Vítor Constâncio, Vice-President of the ECB: Ladies and gentleman, As this successful conference draws to an end, I wish to extend a warm thank you to all participants, for collaborating with this ECB research initiative, which has been very fruitful. In my concluding remarks, I will discuss a few issues raised during the conference. Understanding inflation dynamics is especially important today due to the surprisingly low inflation levels prevailing in many countries. Moreover, there is evidence suggesting that in some...

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  The European Commission is today launching a new EU agenda to ensure that the digital economy is taxed in a fair and growth-friendly way. The Communication adopted by the Commission sets out the challenges Member States currently face when it comes to acting on this pressing issue and outlines possible solutions to be explored. The aim is to ensure a coherent EU approach to taxing the digital economy that supports the Commission's key priorities of completing the Digital Single Market and ensuring...

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European consumers, investors and businesses will benefit from stronger and more integrated financial markets, thanks to plans by the Commission to reform the EU's supervisory architecture. The European Commission is today proposing reforms to pave the way for further financial integration and a full Capital Markets Union, to promote jobs, growth and investments in Europe and to strengthen the Economic and Monetary Union. President Juncker underlined the importance of the Capital Markets Union, one of the Commission's flagship projects, in his State...

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Miroslav Lajčák hopes that under his presidency the United Nations General Assembly will overcome narrow national interests and produce tangible benefits for people. “My hope is that the 72nd session of the General Assembly will be a good one, a productive one that will result in many concrete solutions to the world’s problems,” Mr. Lajčák told UN News ahead of the session’s opening today. The career diplomat from Slovakia, who was elected by the 193-member Assembly as its President, highlighted two of the...

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