News | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

22 Feb

Governor Cuomo Announces $22 Million Project to Rehabilitate South Mall Expressway

Posted by EACCNY
February 22, 2016

Governor Andrew M. Cuomo today announced that a $22.4 million project to rehabilitate the South Mall Expressway in downtown Albany will begin later this month. The South Mall Expressway connects Interstate 787, the Dunn Memorial Bridge, the Empire State Plaza and downtown Albany neighborhoods. “The South Mall Expressway is critically important to the Capital Region’s economy and transportation network,” Governor Cuomo said. “These crucial repairs will be done with as little disruption to drivers as possible, and they’ll ultimately ensure...

22 Feb

Chapter News

Investment Plan for Europe: new guidelines on combining European Structural and Investment Funds with the EFSI

Posted by EACCNY
February 22, 2016

The Commission, in partnership with the European Investment Bank (EIB), explains how to best combine the funds. The Juncker Commission’s top priority is to get Europe growing again and to increase the number of jobs without creating new debt. TheEuropean Fund for Strategic Investments (EFSI) – the heart of the Investment Plan for Europe - and European Structural and Investment Funds (ESI Funds) both play a crucial role in creating jobs and growth. A brochure published today is designed to help...

22 Feb

Chapter News

Schulz: “If we Europeans part ways we should make no mistake about the consequences”

Posted by EACCNY
February 22, 2016

The UK and the other EU countries would be better off staying together, Martin Schulz told heads of state and government at the start of a European Council on 18-19 February dedicated to migration and the UK’s demands of a reform of its EU membership. The EP President said: “In the globalised 21st century we need the UK more than ever and we are convinced that the UK will be better off as part of the European Union.” Schulz said...

22 Feb

Chapter News

Revenue Mobilization and International Taxation: Key Ingredients of 21st-Century Economies

Posted by EACCNY
February 22, 2016

By Christine Lagarde, Managing Director, International Monetary Fund Abu Dhabi, February 22, 2016 Good morning—Sabah Al-Khair Ministers and Governors—thank you for honoring us with your presence. It is a great pleasure to speak before such a distinguished audience. Dear Minister Al-Tayer: Thank you for your generous hospitality and the gracious introduction, and thank you, Dr. Al-Hamidy, for joining hands with us to organize the Arab Fiscal Forum. This event is taking place at a pivotal moment not only for this region but for many...

20 Feb

Chapter News

A new settlement for the UK in the EU

Posted by EACCNY
February 20, 2016

Following its first session in which European Union government leaders agreed to accelerate action on the refugee crisis, the European Council agreed a new settlement for the United Kingdom in the European Union. New settlement for the United Kingdom Unanimously agreed by all Member States, the deal fully addresses the requests of the United Kingdom and is legally binding. It will become effective on the date the United Kingdom informs the Council that it has decided to remain a member of...

19 Feb

Member News

EU Commission concludes Belgian ‘Excess Profit’ tax scheme illegal

Posted by EACCNY
February 19, 2016

The scheme reduced the corporate tax base of the companies by between 50% and 90% to discount for so-called 'excess profits' that allegedly result from being part of a multinational group. According to the Commission, this tax scheme derogated from normal practice under Belgian company tax rules and the so-called 'arm's length principle', and therefore infringes the EU state aid rules. At least 35 multinationals benefitted from the scheme. The Commission estimates the total amount to be recovered from...

19 Feb

Member News

Calling All Athletes: Have You Thought About Doing A Triathlon? Join Team DKMS for the 2016 NYC Triathlon on July 24, 2016

Posted by EACCNY
February 19, 2016

Each year, thousands of athletes brave the waters of the mighty Hudson River before biking along Manhattan's West Side highway. Finally, athletes put on their running shoes for a run through New York's famed Central Park in the final stage of this iconic race. Registration for the 2016 event is closed. However, EACC Members can still reserve a spot into the race by participating as a member of Team DKMS in support of Delete Blood Cancer DKMS. Athletes on...

19 Feb

Chapter News, New York Related News

NYCEDC And CUNY Launch IN2NYC Program For International Entrepreneurs

Posted by EACCNY
February 19, 2016

NYCEDC is excited to announce the launch of a new program designed to help international entrepreneurs create jobs in New York City. The International Innovators Initiative (IN2NYC) will help international entrepreneurs gain access to the visas they need to grow their businesses in the Big Apple. Selected entrepreneurs will be partnered with one of seven City University of New York (CUNY) institutions, enabling entrepreneurs to qualify for cap-exempt H-1B visas. Entrepreneurs will use their expertise to contribute to school communities...

18 Feb

Member News

PwC’s 19th Annual Global CEO Survey

Posted by EACCNY
February 19, 2016

>> For more information on PwC's 19th Annual Global Survey click here << How to lead in complicated times? That’s the question all CEOs are seeking to answer at a time of prolonged and continuing uncertainty. Introduction from Dennis M. Nally, Chairman, PricewaterhouseCoopers International Limited As they look forward to the year ahead CEOs are less confident about prospects for the global economy than they were in 2015. The same is true overall when they consider their own company’s prospects for growth. Many CEOs do...

18 Feb

Member News

CPSC Commissioners Encourage Continual Dialogue, TIA Staff Provide Safety Requirement News at TIA’S Toy Safety Update

Posted by EACCNY
February 18, 2016

The importance of open-ended dialogue was stressed throughout the Toy Industry Association’s (TIA) annual Toy Safety Update, held on Monday, February 15. Attendees of the free seminar at the 113th North American International Toy Fair in New York City were also kept abreast of developments related to federal, state and international toy safety laws and regulations. TIA members along with commissioners and officers of the U.S. Consumer Product Safety Commission (CPSC) spoke before hundreds of toy manufacturers, retailers, designers and testing lab representatives...

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