14 Sep
Chapter News, New York Related News

Governor Cuomo Announces $388 Million In Funding For Critical Coastal Resiliency And Sewer Expansion Project In Suffolk County

Governor Andrew M. Cuomo today announced $388 million in State and federal funding to expand sanitary sewer service to 8,075 parcels of land in Suffolk County which currently utilize on-site septic systems. This project, which has been approved the Federal Emergency Management Agency's Hazard Mitigation Grant Program, represents the first step in instituting extensive measures to mitigate flooding and septic system failure in Suffolk County caused by Superstorm Sandy. “Long Islanders have seen first-hand and up-close the damage that Mother...

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12 Sep
Chapter News

Remarks by J. Dijsselbloem following the Eurogroup meeting of 12 September 2015

Good afternoon and welcome to this press conference. We briefly discussed the economic situation in the Eurozone, I will let Commissioner Moscovici say more about that. We had a follow-up discussion on the issue of structural reforms, in particular on the tax wedge on labour, which is becoming a test case for us on how we can strengthen our cooperation in the field of structural reforms, how can we push the reform agenda jointly in the Eurozone. Today we discussed...

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12 Sep
Chapter News

Eurogroup statement on Cyprus

The Eurogroup welcomes the successful conclusion of the seventh review mission in the context of Cyprus' macroeconomic adjustment programme, which took place in July. The fiscal developments continue to exceed expectations, the financial situation of the banks is showing signs of gradual improvement and some progress has been noted on important growth-enhancing reforms. The Eurogroup is encouraged that the economic recovery in Cyprus is gaining strength, the labour market showing signs of stabilization, although unemployment remains at a high...

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11 Sep
Member News

TREPP Analysis: CMBS Volume Remains Elevated

After an off-season dominated by accusations, suspensions, name-calling, and courtroom drama, the NFL finally gave football fans what they wanted when the Patriots hosted the Steelers on opening night. The game was not without something for the conspiracy theorists: Steelers coach Mike Tomlin complained that the Pats' radio broadcast was coming through his headset throughout the first half. After an off-month low-lighted by a spike in volatility, sizable stock market losses, hand-wringing, and teeth-gnashing, the financial markets finally gave investors...

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10 Sep
Chapter News

Capital Markets Union: Vital for Growth

European Commission - Speech by Jonathan Hill Commissioner for financial stability, financial services and capital markets union] - Luxembourg, 10 September 2015 It's good to be back at Eurofi and to have the chance to talk about the contribution that I believe stronger and deeper capital markets will make to jobs and growth. First, some of the broader context. Amidst the challenges we face – the situation in Greece, market turbulence in China, the refugee crisis that confronts Europe – it...

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10 Sep
Member News

Important Changes to Greencard Process – U.S. Department of State’s Visa Bulletin

On September 9, 2015, the U.S. Department of State (DOS) and United States Citizenship and Immigration Services announced important changes impacting certain individuals in the permanent residence (“green card”) process. This change will allow some individuals to file the last step of the green card process, the application for adjustment of status, even if their priority date is not current. The DOS has been moving steadily towards reforming its process for calculating immigrant visa (“green card”) availability. In July 2015,...

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09 Sep
Chapter News

IMF Executive Board Concludes 2015 Article IV Consultation with Norway

On September 4, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Norway. The Norwegian economy performed well in 2014 despite the sharp fall in oil prices toward the end of the year. Mainland (i.e. non-oil) GDP grew at 2.2 percent, with weaker investment demand being offset by stronger government consumption. Unemployment stayed at a low level in 2014, but has recently edged up to 4.5 percent in June according to the labor...

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09 Sep
Chapter News

President Juncker Delivers His First State of The Union Speech: Time For Honesty, Unity And Solidarity

“Our European Union is not in a good state. There is not enough Europe in this Union. And there is not enough Union in this Union.” This morning, European Commission President Jean-Claude Juncker delivered his first State of the Union address before the European Parliament in Strasbourg. President Juncker focused on big challenges such as the refugee crisis, the future of the euro and foreign policy. In the speech, President Juncker outlined his political vision for the future of the...

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09 Sep
Member News

Granito, selected Manager for the Italian Ministry of Economic Development

  GRANITO is pleased to announce that over the summer it has been appointed by the Ministry of Economic Development as one of the few expert managers entitled to assist Italian SMEs in connection with new State funds for internationalization. GRANITO, whose core business consists of assisting companies when expanding their business abroad, has been selected as one of the key managers able to provide services which are funded by the so called "vouchers for internationalization", a traditional funding measure issued by Italian...

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08 Sep
Chapter News

GDP up by 0.4% in both euro area and EU28

Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the second quarter of 2015, compared with the previous quarter, according to a second estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2015, GDP grew by 0.5% in both areas. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.5% in the euro area and by 1.9% in the EU28 in...

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