19 Oct
Chapter News

IMF Update on European Economy

IMF European Department Press Briefing | Washington D.C., October 9, 2015 MR. ADRIANO: Good morning. Thank you all for coming to this Press Briefing of the IMF’s European Department. With us today, is Poul Thomsen, Director; Jörg Decressin, and Philip Gerson Deputy Directors, European Department. Mr. Thomsen will have some opening remarks and then we'll ready for your questions. Poul? MR. THOMSEN: Yes. Good morning and thank you for joining us this morning. Let me start by giving you a few...

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19 Oct
Chapter News

Leaders Unite in Calling for a Price on Carbon Ahead of Paris Climate Talks

For the first time, an unprecedented alliance of Heads of State, city and state leaders, with the support of heads of leading companies, have joined forces to urge countries and companies around the globe to put a price on carbon. The call to price carbon comes from the Carbon Pricing Panel – a group convened by World Bank Group President Jim Yong Kim and International Monetary Fund (IMF) Managing Director Christine Lagarde - to spur further, faster action ahead of...

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19 Oct
Chapter News, New York Related News

Governor Cuomo Announces $7 Million For Improvements to Airport Infrastructure

Governor Andrew M. Cuomo today announced $7 million in funding is available for airport improvement projects across New York State. These grants, coming from the Governor’s Aviation Capital Grants Program, will go toward supporting airport infrastructure and economic development projects across the state. “For many, our airports are the gateways to New York and a significant part of economic growth and job creation,” Governor Cuomo said. “This funding will help ensure that our airports remain more accessible and convenient for...

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19 Oct
Trade & TTIP Related

11th Round of TTIP Launches in Miami

The 11th round of Transatlantic Trade and Investment Partnership negotiations will take place in Miami, Florida all week this week. Representatives from the EU, led by Ignacio Garcia Bercero on behalf of EU Trade Commissioner Cecilia Malmström, arrive in Florida on Monday morning. On the US side, Dan Mullaney will lead a team from US Trade Representative Michael Froman's office. The two groups of experts will confer on the three biggest challenges to a comprehensive free trade agreement: access to...

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15 Oct
Chapter News

A new start for Jobs and Growth for Greece: €35 billion plan well underway

The European Commission welcomes yesterday's signature of the Jobs and Growth Plan for Greece by the European Parliament and by the Council. The exceptional measures presented by the Commission for Greece can thus enter into force tomorrow. Greece is set to receive over €35 billion already earmarked from the EU budget over 2014-2020, with €20.6 billion from the European Structural and Investment Funds. €800 million will be paid next week. Overall, almost €1.4 billion will be released in 2015 and €1 billion in 2016;...

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15 Oct
Chapter News

ECB: The future of Europe’s financial market infrastructure: the Eurosystem’s Vision 2020

Speech by Yves Mersch, Member of the Executive Board of the ECB, Singapore, 14 October 2015 Ladies and gentlemen, members of the panel, The beauty of innovation is that it never ends. Even the best ideas can be enhanced and complemented. The Eurosystem, the euro area’s network of central banks, has developed two major innovations in the field of financial market infrastructure over the past 15 years: TARGET (now TARGET2) and TARGET2-Securities, or T2S. Both platforms have significantly improved the way payments...

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14 Oct
Chapter News

Horizon 2020: new Work Programme supports Europe’s growth, jobs and competitiveness

Work Programme 2016-2017 - Spanning seven years (2014 to 2020) and working with a budget of €77 billion, Horizon 2020 is the biggest EU research and innovation funding programme ever. Today, the European Commission adopted the second of its two-year work programmes setting out funding opportunities for 2016-2017. This Work Programme offers a budget of almost €16 billion. It is based on extensive consultation and stakeholder involvement. All the calls and related information are published on a single portal. Horizon 2020...

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14 Oct
Chapter News, Trade & TTIP Related

Trade for All: European Commission presents new trade and investment strategy

This more responsible approach responds to new economic realities in line with the EU's foreign policy. Based on three key principles - effectiveness, transparency and values - it ensures trade policy benefits as many people as possible. The Commission is proposing a new trade and investment strategy for the European Union, entitled ‘Trade for All: Towards a more responsible trade and investment policy’. The new approach builds on Europe's excellent trade track record. EU companies export nearly as much as China to...

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13 Oct
Member News

New IIE Report: “Generation Study Abroad: Year One Impact”

Released at the IIE Summit on Generation Study Abroad, this impact report spotlights examples of Generation Study Abroad commitment partners who have made noteworthy progress to date and details what they have committed to accomplish to help double the number of U.S. students going abroad by the end of the decade. Highlights from the report: •  More than 600 commitment partners have pledged to expand study abroad opportunities. •  Partners have committed $185 million in financial support over the next five years. •...

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