11 Dec
Chapter News, News

Food: EU consumers to benefit from better labelling as of 13 December 2014

As of 13 December 2014, new EU food labelling rules, adopted by the European Parliament and the Council in 2011, will ensure that consumers receive clearer, more comprehensive and accurate information on food content, and help them make informed choices about what they eat. The EU Commissioner in charge of Health and Food Safety, Vytenis Andriukaitis said: "As of 13 December 2014, European citizens will see the results of years of work to improve food labelling rules. Key content information...

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10 Dec
Member News, News

DS-Concept Provides $4 Million Factoring Facility to Multinational Seafood Exporter

DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $4 million export accounts receivable facility to a multinational shrimp exporter headquartered in Spain with facilities in the US and Argentina. The client, who provides cold water shrimp to retailers and wholesalers in Europe, Asia, the US, and GCC, is growing rapidly because of falling exports from the US and anticipates a total factored volume in excess of $30 million for 2015. "We’re very pleased...

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09 Dec
Chapter News, New York Related News, News

NYC Deputy Mayor, NYCEDC President, Manufacture New York and Salmar Properties Announce New Fashion Design and Manufacturing Hub in Brooklyn

City Investment of $3.5 Million Will Support Local Apparel Manufacturing, Emerging Fashion Designers and the Creation of Quality Jobs Deputy Mayor for Housing and Economic Development Alicia Glen, New York City Economic Development Corporation (NYCEDC) President Kyle Kimball, Manufacture New York CEO Bob Bland and Salmar Properties Co-Founder Marvin Schein today announced the creation of the Manufacturing Innovation Hub for Apparel, Textiles + Wearable Tech, an innovative fashion manufacturing and design hub in Sunset Park, Brooklyn. Located at the privately-operated...

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09 Dec
Chapter News, News

Investment plan for the EU gets backed by the Council

Meeting on 9 December in Brussels, EU finance ministers gave their broad support to the Commission's recently announced €315 billion investment plan. They also approved two measures for combating tax fraud and tax avoidance, and agreed on the calculation of the contributions to the single resolution fund. Investment plan for Europe The Council heard a presentation by the Commission and the European Investment Bank (EIB) on the work of a task force, established in the autumn to identify possible investment projects. The Commission's €315...

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09 Dec
Chapter News

Council discusses data protection reform

At the Justice and Home Affairs Council, on 4 and 5 December 2014, ministers reached a partial general approach on the proposed data protection regulation. The partial general approach covers articles crucial to the question of the public sector. It also comprises provisions relating to specific data processing situations (Chapter IX). In addition, ministers held a debate on the "one stop shop" mechanism, on the basis of a proposal presented by the Presidency. This proposal tried to keep the principle of...

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09 Dec
Member News, News

New Life for an Old Garment District Building Means Probable Defeasance

The Lightstone Group will be clearing out 485 Seventh Avenue over the next year for a gut renovation of their newest investment. Crains New York reported that Eretz Group recently sold the building to Lightstone for $200 million. The property is situated between Times Square and Penn Station, a location that Lightstone believes is best suited for a hotel or a high-end office building. Current leases in the building can be terminated within a year to make way for the coming renovations. The 255,908...

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04 Dec
Chapter News, News, Trade & TTIP Related

TTIP “fresh start” means more clarity, debate, and realism, Malmström tells MEPs

The “fresh start” to the EU-US Transatlantic Trade and Investment Partnership (TTIP) talks includes more transparency, to show EU citizens “what’s in there for them”, stepping up civil society involvement in the talks, and “ambitious and realistic” goals for EU access to the US goods, services and public procurement markets, EU trade Commissioner Cecilia Malmström told the International Trade Committee on Wednesday. Ms Malmströmreassured MEPs that the Commission had already started publishing previously restricted TTIP talks documents, as promised...

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04 Dec
Member News, News

‘Right to be Forgotten’ Goes Global

The Article 29 Working Party (“Working Party”) – the collection of EU Member States’ national data protection authorities (“DPAs”) – has issued its much awaited guidance on how DPAs should implement the Court of Justice of the European Union’s (“CJEU”) Google Spain judgment. The CJEU’s judgment recognised a right of individuals to be ‘forgotten’ on search engines. EU citizens and residents were empowered, in certain circumstances, to request that links returned against their names by search engines be de-listed. While the...

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02 Dec
Chapter News, News

Moscovici quizzed on extra time for three EU countries to hit Eurozone targets

Commissioner Pierre Moscovici was asked to account for the European Commission’s decision to give France, Italy and Belgium more time to hit Eurozone budgetary targets by Economic and Monetary Affairs Committee MEPs on Tuesday. MEPs urged that budget plan deadlines should be met and that criteria for applying rules more flexibly to some EU member states than others should be clear and detailed. Markus Ferber (EPP, DE), Bernd Lucke (ECR, DE) and Sylvie Goulard (ALDE, FR) focused their questions on...

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02 Dec
Chapter News, News

Digital Debates: Seeking an Open, Free, and Secure Internet

Cyber threats are quickly overtaking the more conventional threats to a nation’s sovereignty and ultimately, they impact global security. To counter cyber threats and fend off cyber attacks in the post-Snowden era, European governments have bolstered defensive and offensive cyber capabilities. But, in an open society, this strategy can pose a danger to fundamental rights that are dear to the EU—including freedom of expression and the right to privacy. In an EU-funded report released November 24, the authors pose...

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