29 Feb
Chapter News

Restoring trust in transatlantic data flows through strong safeguards: European Commission presents EU-U.S. Privacy Shield

The European Commission today issued the legal texts that will put in place the EU-U.S. The European Commission today issued the legal texts that will put in place the EU-U.S. Privacy Shield and a Communication summarizing the actions taken over the last years to restore trust in transatlantic data flows since the 2013 surveillance revelations. In line with President Juncker's political guidelines, the Commission has (i) finalised the reform of EU Data protection rules, which apply to all companies providing...

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29 Feb
Chapter News

CETA: EU and Canada agree on new approach on investment in trade agreement

This agreement is a clear break from the current ISDS system and shows the commitment to work together to establish a multilateral investment tribunal. The European Commission and the Canadian Government have agreed to include a new approach on investment protection and investment dispute settlement in the EU-Canada Comprehensive Economic and Trade Agreement (CETA). The negotiations on a free trade deal between the European Union and Canada were concluded in 2014 with a reformed investment dispute settlement system, notably with full transparency...

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26 Feb
Chapter News

Cristian Popa appointed as new EIB Vice-President

Cristian Popa has been appointed Vice-President and member of the Management Committee of the European Investment Bank (EIB) by the Bank’s Board of Governors, consisting of the 28 European Union Finance Ministers. A Romanian citizen and former Deputy Governor of the National Bank of Romania, Cristian Popa was appointed by the EIB’s Board of Governors on the basis of a proposal from the Minister of Finance of Romania. He will take up his duties on 1 March 2016. “It is an...

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26 Feb
Chapter News

European Semester 2016: EU Commission publishes Country Reports & Annual Growth Survey Results

The European Commission today published its annual analysis of the economic and social challenges in the EU Member States, the so-called Country Reports. The European Commission today published its annual analysis of the economic and social challenges in the EU Member States, the so-called Country Reports. The reports are a tool under the streamlined European Semester of economic policy coordination to monitor policy reforms and to point early on to challenges that Member States should address. Following the publication in...

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25 Feb
Member News

CPSC Will No Longer Require Flammability Certifications for Most Adult Wearing Apparel

On February 24, 2016, the Consumer Product Safety Commission (“CPSC”) announced changes to the certification requirements for adult wearing apparel that is exempt from flammability testing. Pursuant to the Consumer Product Safety Improvement Act, manufacturers of consumer products subject to a rule, standard or ban enforced by the CPSC are required to issue a general conformity certification (“GCC”).  The GCC must certify that the product is compliant based on a test of each product or a reasonable testing program.  However,...

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25 Feb
Member News

U.S. and International Private Equity Funds – Matching Networks To Needs

In Private Equity, leveraging a global network is critical in creating significant return on investment.   Performance improvement, identification of high profile as well as off-market acquisition targets, and taking advantage of any other number of creative and strategic ways to increase the overall value of portfolio companies through business development and identification of other opportunities can differentiate a simple “exit” from a “home run”. The Largest Funds Have A Built-In Network For the largest U.S. and internationally based private equity funds,...

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25 Feb
Chapter News

DISCOVERY, a new Horizon 2020 project supporting Europe – North America cooperation in ICT

DISCOVERY is an international cooperation project co-funded by Horizon 2020 EU Framework Programme for Research and Innovation that was launched on January 1 2016. Over the next 2 years the project will implement an interactive work plan to support dialogues between Europe and North America (U.S. and Canada) and to foster cooperation in ICT (Information and Communications Technology) Research & Innovation. One of the main results of the DISCOVERY project will be the creation of the Transatlantic ICT Forum designed...

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25 Feb
Chapter News

How digital is your country? New figures show action needed to unlock Europe’s potential

From connectivity and digital skills to public services, EU countries have made progress since last year which marked the launch of the Digital Single Market Strategy by the European Commission. Today the European Commission published the results of the 2016 edition of the Digital Economy and Society Index (DESI). The findings show that Member States have made progress in areas such as connectivity and digital skills, as well as in public services, since the publication of the Commission's Digital Single...

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25 Feb
New York Related News

Governor Cuomo Announces Start of Construction on New Cohoes Waterford Bridge

Project is Part of Governor's Program to Replace Scour-Critical and Flood Prone Bridges Governor Andrew M. Cuomo today announced that a $20.3 million project to build a new Cohoes Waterford Bridge carrying Route 32 over the Mohawk River will begin today. The bridge, which is used by over 16,000 vehicles daily, is being replaced as part of New York State's Scour Critical/Flood Prone Bridge Program and is funded through the Federal Emergency Management Agency's Hazard Mitigation Grant Program. "The Cohoes Waterford...

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25 Feb
Chapter News

Speech by Vice-President for Energy Union Maroš Šefčovič on “Energy Union – 1 year on” at the conference organised by Jacques Delors Institute

President Buzek, dear friend, Ladies and gentlemen, It is a great pleasure to celebrate the first anniversary of the Energy Union here with the Jacques Delors Institute, of all institutions. Let me therefore start by thanking Notre Europe/ the Jacques Delors Institute for organising this event on this very special day. Indeed, exactly one year ago, the Commission presented the Energy Union Strategy, a project which I have the privilege of steering for the Commission. Today is an opportunity to reflect back...

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