13 Jul
Chapter News

Remarks by President Donald Tusk after the Euro Summit of 12 July 2015 on Greece

Brussels | 13/07/2015 | 09:30 Good morning. Today, we had only one objective: to reach an agreement. After 17 hours of negotiations, we have finally reached it. One can say that we have 'agreekment'. Leaders have agreed in principle that they are ready to start negotiations on an ESM programme, which in other words means continued support for Greece. There are strict conditions to be met. The approval of several national parliaments, including the Greek parliament, is now needed for negotiations...

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12 Jul
Chapter News

Report on 2014 infringements: Commission enforces correct implementation of EU Union law

The EU Commission adopted its Annual Report on how it monitors the application of Union law in 2014. The internal market remains Europe's best asset for citizens and businesses who benefit from the timely and correct implementation and enforcement of Union law. The 32nd 'Annual Report on Monitoring the Application of EU Law' reviews the Member States’ performance on key aspects of the application of Union law and highlights the main enforcement policy developments of 2014. The Commission launches infringement procedures...

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12 Jul
Chapter News

Euro area quarterly balance of payments and international investment position (first quarter of 2015)

The current account of the euro area showed a surplus of €238.2 billion (2.3% of euro area GDP) in the four quarters to the first quarter of 2015. At the end of the first quarter of 2015 the international investment position of the euro area recorded net liabilities of €1.3 trillion (approximately 13% of euro area GDP). Current account The current account of the euro area showed a surplus of €54.5 billion in the first quarter of 2015, compared with €23.0 billion...

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10 Jul
Chapter News, News, Trade & TTIP Related

Statement by EU Trade Commissioner Cecilia Malmström on the European Parliament’s vote on the TTIP resolution

Today’s vote in Parliament establishes a strong and forward-looking political platform as we continue our TTIP negotiations. That’s my urgent task in the months ahead, and it’s clear from today’s vote that only an ambitious, comprehensive and balanced agreement which demonstrably delivers jobs and growth in Europe will obtain democratic backing. That is what I am seeking with our US partners. What today’s vote also signals is that the old system of investor-state dispute settlement should not and cannot be...

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10 Jul
Member News, News

DS-Concept Celebrates the Inauguration of Their New Office in Dhaka, Bangladesh

Dhaka, Bangladesh: DS-Concept co-founder Mr. Ansgar Hütten has proudly inaugurated their brand new office at Badda-Gulshan link Road in Dhaka, Bangladesh. Situated beside the Gulshan Lake, this new location has been opened to accommodate the firm’s growth in Bangladesh. Members of the DS-Concept global team were joined by country managers of different buying offices and other members of the Bangladeshi trade and finance community for the inaugural ceremony. DS-Concept started their operations in Bangladesh in 2008. By introducing brand new...

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10 Jul
Chapter News, Trade & TTIP Related

TTIP: ease access to US market, protect EU standards, reform dispute settlement

An EU-US trade deal must open up US market access for EU firms, but must not undermine EU standards, say MEPs in recommendations, voted Wednesday, to EU trade negotiators. To settle trade-related investor-state disputes, a new justice system, run by publicly-appointed judges and subject to scrutiny and transparency rules, should replace private arbitration under the Investor-State Dispute Settlement (ISDS) system, they add. Parliament approved its recommendations to European Commission Transatlantic Trade and Investment Partnership (TTIP) negotiators by 436 votes...

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10 Jul
Member News, News

GRANITO joins the International Collaborative Practice Network

GRANITO is pleased to announce its receent membership in the International Academy of Collaborative Professionals. GRANITO will now be representing individual and corporate clients in sanctioned collaborative settlement conferences avoiding the resort to litigation. GRANITO's special expertise in alternative dispute resolution methods comes from its experience in Arbitration and Mediation, and from its CEO's position as an Arbitrator for the Financial Industry Regulatory Authority, the largest securities dispute resolution forum in the United States. GRANITO welcomes professionals and clients looking to settle their disputes within the collaborative...

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10 Jul
Chapter News, Trade & TTIP Related

EU Parliament: Plenary highlights: Greece, TTIP, emissions trading reform

The Greece debt crisis took centre stage during July's plenary session, as Greek Prime Minister Alexis Tsipras came to Strasbourg to discuss the search for solutions. MEPs also adopted their recommendations for Transatlantic Trade and Investment Partnership (TTIP) and approved a reform of the EU's emissions trading scheme that should boost incentives for green investments. Read on for our summary of what happened in Strasbourg in a busy summer week. MEPs held a heated debate with Tsipras, European Council President...

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07 Jul
Chapter News

Greek PM Alexis Tsipras to address European Parliament on Wednesday morning

Prime Minister Alexis Tsipras will attend tomorrow morning's key plenary debate on the future of Greece and the conclusions of his summit meeting on Tuesday with EU leaders and of the 25-26 June European Council. Council President Donald Tusk and European Commission President Jean-Claude Juncker will join the debate, which starts at about 9.30 in the Strasbourg plenary chamber. Parliament’s President Martin Schulz will chair the debate. At 8.30, Luxembourg’s Prime Minister Xavier Bettel will present and discuss the working priorities of...

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07 Jul
Chapter News

ECB: ELA to Greek banks maintained

Emergency liquidity assistance maintained at 26 June 2015 level Haircuts on collateral for ELA adjusted Governing Council closely monitoring situation in financial markets The Governing Council of the European Central Bank decided today to maintain the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on 26 June 2015 after discussing a proposal from the Bank of Greece. ELA can only be provided against sufficient collateral. The financial situation of the Hellenic Republic has an impact on Greek banks since...

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