Chapter News

IMF | How can Europe Pay for Things it Cannot Afford?

Speech by Alfred Kammer, Director, IMF European Department, at the House of the Euro, Brussels Thank you, , for the kind welcome and the ECB for hosting us again here in Brussels at the House of the Euro. The year 2025 marked a period of profound transformation in the global economy, driven by a reconfiguration of trade policies. For Europe, these developments follow a series of crises—from the pandemic, to Russia’s invasions of Ukraine—that have tested the region’s resilience. Timely policy action has helped avoid the worst, and...

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Chapter News

ECB | Love at second sight: support for the euro before and after adoption

By Ferdinand Dreher and Nils Hernborg, ECB Many Bulgarians are still hesitant about giving up the Lev on 1 January. Mixed feelings are not uncommon in countries adopting the euro. However, survey data show that support significantly increases once people start using the euro in their daily lives. When countries prepare to adopt the euro, public sentiment is often hesitant or split. People tend to worry about prices going up, as well as a loss of their country’s sovereignty or sense...

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Member News

Ogletree Deakins | Cybersecurity Awareness Month in Focus, Part III: The EU AI Act Is Here—What It Means for U.S. Employers

By Benjamin W. Perry and Justin T. Tarka, Ogletree Deakins The European Union’s Artificial Intelligence (AI) Act, effective from August 1, 2024, imposes a risk-based framework on AI systems used within the EU, affecting U.S. employers that use AI for HR functions involving EU candidates or employees. With significant penalties for noncompliance, the AI Act categorizes many workplace AI uses as “high risk,” requiring immediate adherence to specific obligations and full compliance by August 2027. Quick Hits • The EU AI Act took effect on...

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Member News

NAL Research Delivers Assured Connectivity and Enhanced Mission Performance with New SHOUT nano 200 Tracker

The advanced SHOUT nano 200 device will offer comprehensive features and multiple communication methods for increased user safety and operational resilience MANASSAS, Va., October 7, 2025 – NAL Research, a leader in innovative, global connectivity solutions trusted by government and enterprise customers, is announcing a powerful addition to its industry-defining SHOUT product line with SHOUT nano 200. The new tracker provides federal agencies and militaries with enhanced performance, assurance, and adaptability for connectivity in any mission. Unlike traditional handheld trackers that require a clear...

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Member News

Stephenson Harwood | Data Protection Update – October 2025

Welcome to the latest edition of the Stephenson Harwood Data Protection update, covering key developments in data regulation and cyber security law in October 2025. In data regulation news, the European Data Protection Board (“EDPB”) focuses its coordinated enforcement framework on transparency and information obligations under the EU General Data Protection Regulation (“GDPR”); and the ICO launches a consultation on supporting charities to use the “charitable purpose soft opt-in”, introduced by the Data (Use and Access) Act 2025. In cyber security news, Capita...

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Member News

EIB Investment Survey 2025 – European Union

About the EIB Investment Survey The EIB Group Investment Survey (EIBIS), conducted annually since 2016, is a unique survey of some 13 000 firms across all EU Member States, with an additional sample from the United States. The survey collects data on firm characteristics and performance, past investment activities and future plans, sources of finance, financing issues and other challenges, such as climate change and digital transformation. The EIBIS uses a stratified sampling methodology and is representative across all 27...

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Member News

Thompson Hine | USPTO Launches Streamlined Claim Set Pilot Program: A New Path to Faster Examination

The USPTO has opened a new pathway in the examination queue with its Streamlined Claim Set Pilot Program. Effective October 27, 2025, this limited-duration initiative allows qualifying applications to move “out of turn” to a first Office action, offering potential advantages for applicants willing to narrow their claim sets and meet strict procedural requirements—while requiring careful navigation of tradeoffs and procedural pitfalls. What the Program Does—and Does Not Do The pilot advances eligible utility applications to the front of the line...

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Chapter News

European Commission | 2025 Enlargement Package shows progress towards EU membership for key enlargement partners

Today, the European Commission adopted its annual Enlargement Package, presenting a comprehensive assessment of the progress made by the enlargement partners over the past twelve months. This year's package reaffirms that the momentum for enlargement stands high on the priority agenda of the EU. It also confirms that the accession of new Member States is increasingly within reach. Staying consistent and following a merit-based approach is key to successful EU accession. Montenegro, Albania, Ukraine, the Republic of Moldova, Serbia, North Macedonia,...

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Chapter News

ECB | Bulgaria on the euro’s doorstep: towards a shared future

Speech by Christine Lagarde, President of the ECB, at the high-level conference on “Bulgaria on the Doorstep of the Eurozone”, jointly organised by the Bulgarian Ministry of Finance and Българска народна банка (Bulgarian National Bank) On 1 January 2026 Bulgaria will adopt the euro as its currency. The change will happen in a single night, but it is the outcome of a much longer journey. Bulgaria has long been part of Europe’s monetary story. From the lev’s peg to the...

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Member News

Trepp | Inside the $4.8T CRE Debt Universe

By Andy Boettcher, Head of Research, Trepp, and Rachel Szymanski, Chief Economist, Trepp After two years of tightening credit and economic uncertainty, the commercial real estate (CRE) debt market is revealing a split across different lender types. Using data from the Federal Reserve’s Financial Accounts of the United States (Z.1), we examine how outstanding balances are distributed across the market and the timing of future maturities. While some lenders are deploying fresh capital where they see opportunity and stability, others are...

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