04 Sep
Chapter News

Commission presses Member States on VAT revenue collection

VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission today. VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission today. Based on VAT collection figures from 2013, the overall difference between the expected VAT revenue and the amount actually collected (the so-called "VAT Gap") did not improve on 2012. While 15 Member States...

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04 Sep
Chapter News

ECB response to the European Commission’s consultation on the review of the European Market Infrastructure Regulation (EMIR)

--  Executive Summary -- The ECB welcomes the opportunity to provide its views on the review of EMIR. While it should be recognised that many EMIR requirements have been in force for only a limited period of time, and that others have not yet entered into force, the ECB believes that certain important conclusions can already be drawn. This response puts forward the ECB’s proposals for a future revision of the Regulation, with the main points in this regard summarised...

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03 Sep
Chapter News

EU Parliament Agriculture committee opposes national bans on Imports of GM food and feed

The agriculture committee on Thursday rejected the Commission's draft law that would give member states the power to restrict or prohibit the use of EU-approved GM food or feed on their territory. It fears that arbitrary national bans could distort competition on the EU's single market and jeopardise the Union's food production sectors which are heavily dependent on imports of GM feed. The agriculture committee's opinion, adopted by 28 votes in favour to eight against, with six abstentions, will...

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03 Sep
Member News

Portuguese Footwear industry to invest €160m by 2020 as export drive continues

Portugal's footwear manufacturing sector expects to invest some €160 million between now and 2020 and aims to obtain "formal public recognition" as an industrial cluster, the leather and footwear sector association APICCAPS announced on Tuesday. According to the group, the planned investments with European Union help are to be channeled above all into innovation, with €50 million above all going to explore new techniques, technologies and materials; internationalization, with €70 million; and training, with €36 million. Over the next decade the...

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03 Sep
Chapter News

ECB press conference

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively.   Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council. As usual, let me start with the decisions...

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02 Sep
Member News

Robert Bosch Foundation Fellowship Program: Call for Nominations

The Robert Bosch Foundation and Cultural Vistas invite US professionals to apply for the 2016-2017 Robert Bosch Foundation Fellowship Program. Bosch Fellows work as consultants in their field of expertise at leading public or private institutions in Germany. Fellows also participate in professional seminars, where they travel to meet and exchange ideas with key figures across Germany and Europe. Fellows are from the fields of business administration, cultural management, journalism, law, non-profit, public policy, and urban planning. PROGRAM HIGHLIGHTS: High-level work...

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02 Sep
Chapter News, New York Related News

Governor Cuomo on Rebuilding the Upstate Economy

For many years, Upstate New York was treated like a second class citizen, forced to watch Downstate thrive as the Upstate economy dwindled. Upstate was literally losing population and jobs – and maybe most importantly, it was losing hope. Much of this was a function of the changing economy, which shifted manufacturing to overseas. Also, some people left Upstate New York for warmer climates in what has become a more mobile society. But it is just as true that the...

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01 Sep
Chapter News

Sustainable development in the EU Is the European Union moving towards sustainable development? A statistical assessment of progress

Sustainable development policy aims to achieve a continuous improvement in citizens’ quality of life and well-being. This involves the pursuit of economic progress, while safeguarding the natural environment and promoting social justice. The economic, environmental and social dimensions are all part of the EU Sustainable Development Strategy (EU SDS) adopted in 2001 and renewed in 2006. The EU SDS also includes an institutional and a global dimension, with the adoption of good governance practices in the EU as well as...

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01 Sep
Chapter News

EIB and EU Committee of Regions intensify co-operation to boost Europe’s economic recovery

The President of the Committee of Regions (CoR) - Markku Markkula - met with European Investment Bank (EIB) President Werner Hoyer in Luxembourg today to discuss joint efforts to enhance private investment and recovery across Europe. In this context, EIB President Hoyer said: "Cooperation between our institutions is of great benefit for the citizens in Europe. Within the European Union, the Committee of Regions has a very good understanding of local needs and challenges “on the ground”. This helps the...

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31 Aug
Member News

Why Every Company Needs a Crisis Communication Plan

Crises that can seriously damage a company’s and/or brand’s reputation are happening more frequently than ever, and thanks to the lightning speed of Internet communications, the news spreads fast. In spite of this, the majority of small and mid-size companies we work with have done little or no advanced planning to help get through a crisis. In addition, many very large international corporations are equally unprepared. Foreign companies are typically less prepared for crises in the U.S. than their...

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