16 May
Member News

EIB Group to provide €70 billion for tech firms and innovators

EIB Group President Nadia Calviño explains how Europe can benefit from the Trump chaos, with the tech sector set to receive a massive financial boost. Interview by Carsten Volkery  (published by Handelsblatt) The European Investment Bank (EIB) is launching a new initiative to close Europe’s investment gap with the United States, aiming to provide €70 billion in startup funding by 2027. This will encourage private investors to get on board with projects, unlocking as much as €250 billion in investment for the European tech sector. “This is...

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16 May
Member News, Trade & TTIP Related

Vulcan View: The latest EU developments 12 May – 16 May

European Commission launches strategic dialogues with defence and chemical industries On Monday, 12 May, European Commission President Ursula von der Leyen initiated the first-ever strategic dialogues in Brussels with top representatives from Europe’s defence and chemical industries. These crucial meetings aimed to identify shared challenges and map out strategies to significantly enhance the competitiveness, resilience, and innovation of these vital sectors. Thus, safeguarding European security and economic prosperity in the current evolving global landscape. The Defence industry dialogue The first of these high-level...

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15 May
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | What Supply Chains Should Expect with the New US and China Tariff Agreement

By Simon Kaye, President & CEO, Jaguar Freight Services The road to supply chain recovery from the trade actions taken by the new US administration in 2025 was always going to be long. Even with a 90-day reprieve for the bulk of China tariffs and talk of other country-specific “deals” being struck, lasting supply chain damage has been done. However, the recent (and perhaps temporary) reduction of tariffs on China is quickly setting some important things in motion, including speeding...

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15 May
Member News

Wilson Sonsini | EU Commission Launches DSA Consultation on the Protection of Minors Online

On May 13, 2025, the European Commission (EC) published draft guidelines on the protection of minors online. The guidelines outline the proposed measures that the EC expects online platforms accessible to minors to take to protect minors’ privacy, safety, and security in line with requirements under the Digital Services Act (DSA). The guidelines come at a formative time in the development of the legal landscape relating to the use of online services by minors. In April 2025, Ofcom published its Protecting Children from...

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15 May
Chapter News

ECB | Harnessing the digital future of payments: Europe’s path to sovereignty and innovation

Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the France Payments Forum event “Digital euro and the future of payments in Europe” Thank you for inviting me to discuss the future of payments and the digital euro. Most people associate the adoption of the euro with the launch of euro banknotes and coins. While the euro was introduced for accounting purposes in 1999, we tend to feel it only became our money three years later once...

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15 May
Chapter News

European Commission | EU invests €1.25 billion in researchers and invites them to ‘Choose Europe for Science’

Europe is stepping up its ambition to cement the position of a global leader in research. New calls worth over €1.25 billion in 2025 under the Marie Skłodowska-Curie Actions (MSCA) open doors for new talents. The funding will support cutting edge research and focus on developing research talent, fostering international collaboration, and connecting science with society, with targeted support for early career researchers and displaced Ukrainian scientists. In her recent speech at La Sorbonne, President von der Leyen underscored Europe's ambition to be “remain a continent where...

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15 May
Chapter News

ECB | Financial stability in the euro area

Speech by Luis de Guindos, Vice-President of the ECB, at the International Swaps and Derivatives Association (ISDA) Annual General Meeting Introduction Recent months have been rather eventful on global financial markets, bringing to the fore discussions about risks to financial stability and the resilience of financial institutions. I would like to explore these topics in more detail today, with a particular focus on the euro area. A volatile and uncertain macro-financial outlook Faced with the reality that globalisation as we know it has...

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14 May
Member News

Eversheds Sutherland | Commercially Connected Shorts – The Latest Updates in UK Commercial Law – 14 May 2025

Welcome to Commercially Connected shorts, our weekly bitesize newsletter summarising the latest updates in UK commercial law. This week we look at: UK-US and UK-India trade deals Eversheds Sutherland’s global supply chain guide UK Software Security Code of Practice launched Copyright and AI: latest developments in the UK UK-US and UK-India trade deals On 8 May 2025 the UK Prime Minister announced a “landmark economic deal” between the UK and the US. In a speech at Jaguar Land Rover and associated press release, it was...

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14 May
Chapter News

European Commission | EU invests €7.3 billion from Horizon Europe to enhance its competitiveness and talent growth

The European Commission is investing over €7.3 billion through its newly adopted Horizon Europe work programme for 2025 to strengthen Europe's research and innovation engine and global edge. This will drive cutting-edge science, accelerate the EU's green and digital transitions, and enhance Europe's competitiveness. The programme will help attract and retain top researchers in Europe and offer targeted support to those affected by war and displacement. As part of these efforts, the Commission is updating the Marie Skłodowska-Curie Actions (MSCA) 2023-25 work...

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14 May
Chapter News, New York Related News

NY Fed | Joint Study Explores Feasibility of Central Bank Operations Using Tokenization and Smart Contracts

NEW YORK—The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) today published a joint research study that explored if and how central banks could continue to implement monetary policy operations in hypothetical tokenized wholesale financial markets.      Project Pine, from the New York Innovation Center at the New York Fed and the Swiss Centre of the BIS Innovation Hub found that central banks could customize and deploy policy implementation tools using programmable smart contracts in a potential future state where commercial banks...

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