03 Apr
Member News, News

German Office Portfolio Loan Gets Big Appraisal Reduction

According to a special notice received on 2/Apr/2014, the appraisal value for the Tishman German Office Portfolio loan was decreased by €89.40 million. The loan is the largest in EURO 28 with a current balance of €244.97 million. The loan, which is backed by office properties in Germany, is expected to mature on 7/Feb/2015. The loan's initial securitised balance was €378.96 million. The loan was valued at €599.20 million at origination, and its most recent valuation was €273.80 million as of 1/Nov/2009. Based on...

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01 Apr
Chapter News, News, Trade & TTIP Related

Regulatory Co-operation and Technical Barriers to Trade within Transatlantic Trade and Investment Partnership (TTIP)

A report, authored by the Swedish National Board of Trade, analyzes the differences in regulations and regulatory processes between different sectors between the European Union and the United States, and argues that these regulations should be converged where possible and made more coherent generally on a sectoral basis. Preface of the report A central question in the current trade negotiations between the U.S. and the EU is that of the regulations and requirements that exist for various products to ensure that...

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01 Apr
Chapter News, News

More flexible visa rules to boost growth and job creation

Many non-EU nationals wishing to travel to the EU are often faced with cumbersome, lengthy and costly visa procedures. The proposals presented today will seriously shorten and simplify the procedures for those wanting to come to the EU for short stays, and induce more cost savings and less bureaucracy, whilst maintaining the level of security. Making the access to the Schengen area easier for legitimate travellers will facilitate visiting friends and relatives and doing business. It will boost economic...

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01 Apr
Chapter News, News

Turning a corner in financial services

Closing remarks at the EUROFI High Level Seminar 2014 - Athens, 1 April 2014 by Michel BARNIER, Member of the European Commission, responsible for Internal Market and Services Ladies and gentlemen, My thanks to Jacques de Larosière and to Didier Cahen for inviting me to close this year's EUROFI High Level Seminar. As usual, it has acted as a platform to exchange ideas; brought together many respected speakers from both industry and public authorities; and given us plenty of food for thought. Before...

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01 Apr
Chapter News, News

Eurogroup Press Conference: Speaking points by Vice-President Olli Rehn

Eurogroup - Athens, 1 April 2014 - Olli REHN, Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Let me begin with some words on the economic outlook. In fact, the picture has not changed substantially since I presented the Commission’s Winter Economic Forecast on 25 February. We continue to project growth in the euro area of 1.2% this year and 1.8% next year, driven by a gradual strengthening in...

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01 Apr
Member News, News

DS-Concept Factoring Acquires Several New Trade Financing Customers From the Textile and Electronics Sector

DS-Concept, a German-Based Import/Export Trade Credit Firm Established Fourteen Years Ago, Has Announced Several Recently Closed Transactions With Customers All Over the World • Four European textile retailers from the Netherlands, Germany and the UK will be using a DS-Concept Factoring trade financing facility to fund their imports mainly from Turkey, South Asia and China. DS-Concept has provided each of these companies with a facility line of up to 4 million Euro and will be opening letters of credit on...

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28 Mar
Member News, News

Medical University of Vienna works on building a European search engine for precedence cases in the field of radiology

As part of the EU research project KHRESMOI, a team of experts from the University Department of Radiology and Nuclear Medicine at the MedUni Vienna is building up a search engine that will enable radiologists to retrieve precedence cases within seconds and thus compare the results with their current finding. It will give radiologists the ability to very quickly access a database of images and at the same time look at literature on specialist problems in radiology. The project brings...

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27 Mar
Chapter News, News

Commission Roadmap To Meet The Long-Term Financing Needs Of The European Economy

The European Commission has today adopted a package of measures to stimulate new and different ways of unlocking long-term financing and support Europe's return to sustainable economic growth. Significant long-term investment will be needed under the Europe 2020 strategy and the 2030 climate and energy package, in infrastructure, new technologies and innovation, R&D and human capital. Investment needs for transport, energy and telecom infrastructure networks of EU importance alone are estimated at €1 trillion for the period up to 2020...

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27 Mar
Chapter News, News

“Improving ISDS to prevent abuse” – Statement by EU Trade Commissioner Karel De Gucht on the launch of a public consultation on investment protection in TTIP

"Improving ISDS to prevent abuse" - Statement by EU Trade Commissioner Karel De Gucht on the launch of a public consultation on investment protection in TTIP | European Commission - STATEMENT/14/85 Brussels, 27 March 2014 Good afternoon ladies and gentlemen. As you are aware, on the 21st of January I decided 'to pause' the part of the Transatlantic Trade and Investment Partnership or TTIP negotiations specific to Investor to State Dispute Settlement and Investor Protection. I paused this part of the current...

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26 Mar
Member News, News

Nutri Ventures Comes to Public Schools Nationwide in Commitment to Partnership for a Healthier America

PHA’s First-Ever Partnership with an Animated Series Emphasizes Nutrition Education and Healthy Eating Choices for Kids WASHINGTON, D.C. (March 13, 2014) – In the first-ever agreement between the Partnership for a Healthier America (PHA) and an animated series, the action-packed, adventure-fueled NUTRI VENTRES: THE QUEST FOR THE 7 KINGDOMS will be made available for free to all U.S. public school systems in a commitment announced today. Nearly 60,000 elementary schools nationwide will have free access to 29 episodes from NUTRI VENTURES...

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