02 Jun
Member News

VULCAN VIEW: KEY EVENTS THIS WEEK

BREXIT Pressure mounts on May as polls tighten in final week of campaigning The huge Tory landslide predicted at the outset of the general election is at risk of falling apart, according to the latest opinion polls. With just over a week of campaigning remaining before the British public head to the polls, YouGov has the Tories just 3 points ahead and on verge of a hung parliament. When Prime Minister Theresa May last month called for a snap election, most surveys...

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01 Jun
Member News

June FX Outlook – Markets Watching Central Banks and UK Election

The USD continued to edge lower in May, giving up the last of the gains made since the US election, but the pace of decline was relatively slow and USD losses did not break through key levels. Trump’s policies, particularly on tax, remain important for the USD in the longer term, but the focus in June is likely to be more on the current economic situation in the US and abroad as well as the Fed and ECB policy...

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01 Jun
Chapter News

EU increases its commitment to the Circular Economy and Bioeconomy Sectors

The European Investment Bank (EIB) and the European Commission (EC) have pledged their stronger commitment to the Circular Economy and Bioeconomy sectors in Europe through a set of actions aimed at facilitating access to finance. The announcement was made today on the occasion of the "Innovative Enterprise Week – Access to Finance for Research, Innovation and SMEs" conference taking place in Valletta and hosted by the Maltese Presidency of the Council of the European Union. During the conference an InnovFin...

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31 May
Member News

Littler: President’s Budget Proposes Paid Leave, Funding Cuts and Merger of OFCCP and EEOC

BY ILYSE SCHUMAN AND MICHAEL J. LOTITO ON MAY 23, 2017 President Trump has released his proposed federal budget, setting out his priorities for the 2018 fiscal year, which begins October 1.1 As anticipated, the budget represents a marked shift in potential government spending; it proposes to eliminate roughly $3.6 trillion over the next decade. And, true to his campaign promise, the president seeks to designate funds ($1.6 billion) for commencement of the construction of a wall along the southern border. Of particular...

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30 May
Chapter News, Trade & TTIP Related

Transparent EU Trade and Investment Policy

Speech by EU Trade Commissioner Cecilia Malmström | Brussels, 29 May 2017 | Civil Society Dialogue It's my pleasure to be here with you today. I'm just going to give you a little overview of where we are on trade policy, and then to hear your questions: I want to have a dialogue. Trade and globalisation are issues very much debated these days. That is a good thing. It shows that many people care and want to be involved. It also...

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30 May
Chapter News

WiFi4EU: EP and Council Strike a Deal on EU Scheme for Free Internet Access

A scheme for more than 5000 wireless internet connections in public areas across the EU were agreed by Parliament and Council negotiators on Monday evening. This informal deal includes: • the creation of a single authentication system valid throughout the EU; • funds to be deployed in a “geographically balanced manner” across member states and on a “first come, first served” basis; • at Parliament’s insistence, public wireless access points (libraries, public administrations, hospitals) may be funded only if users are allowed to...

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30 May
Chapter News

Youth Initiative: Commission Sets Out Strategy for High Quality, Inclusive, Future-Oriented Education

The Commission has today adopted new initiatives on school and higher education, including a proposal on graduate tracking to help Member States collect information on what graduates do after their studies. The overall aim of these initiatives is to help Member States provide high quality and inclusive education for all young people through a series of concrete actions, so they acquire the knowledge and skills needed to participate fully in society, are able to respond to new opportunities and challenges...

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26 May
Brexit News, Member News

VULCAN VIEW for May 22-26

VULCAN VIEW KEY EVENTS THIS WEEK: BREXIT EU lays down rules for regulatory agencies relocation The battle to lure the departing UK-based European regulatory agencies is on as Brussels has issued the criteria which will guide how it will decide their future post-Brexit locations. In a proposal published earlier this week, the President of the European Council Donald Tusk laid down the ground rules and called on member states to have bids submitted by July 31st. The London-based European Medicines Agency (EMA) and European...

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26 May
Chapter News

Statement by Mario Draghi, President of the European Central Bank

We are saddened by the attack against our former colleague, Lucas Papademos, a brave public servant of Greece and Europe. I wish to say, on behalf of the Governing Council and staff of the ECB: our thoughts are with Lucas, his family and his colleagues. Past and present colleagues from the Executive Board wish to express their deep affection for Lucas. Compliments of the European Central Bank

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26 May
Chapter News

EIB Group survey finds need for more investment in research and state-of-the-art capital stock in Central, Eastern and South-eastern Europe

The investment outlook in Central, Eastern and South-eastern Europe is positive, but companies need to invest more in state-of-the-art machinery and equipment, and in research and development. These were the findings of the Survey of Investment and Investment Finance that the European Investment Bank published on 26 May at the GLOBSEC Forum 2017 in Bratislava. The presentation of this unique, EU-wide annual survey involving more than 12 000 firms was focused on the investment environment in Central, Eastern and South-eastern...

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