"REFIT - Fit for growth" – Commission takes ambitious next steps to make EU law lighter Whereas regulation at EU level is essential in many areas, it is often accused of stifling businesses, especially the smallest ones, or of interfering too much in citizens' daily lives. 74% of Europeans believe that the EU generates too much red tape.1 In response to that concern, the Commission has made a concerted effort over the past few years to streamline legislation and reduce...

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Cornell NYC Tech Announces Launch of Connective Media Degree at its Jacobs Technion-Cornell Innovation Institute in Collaboration with Leading Traditional and New Media Companies. Incubator and Educational Space in DUMBO Will Support and Train Creative Professionals as the Next Generation of Digital Storytellers Mayor Michael R. Bloomberg today announced two major initiatives to help New York City maintain its position as media capital of the world in the digital age: the launch of Cornell NYC Tech’s degree program in Connective...

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The U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services are jointly issuing this Investor Alert to warn individual investors about fraudulent investment scams that exploit the Immigrant Investor Program, also known as “EB-5.” The U.S. Securities and Exchange Commission’s (“SEC”) Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services (“USCIS”) are aware of investment scams targeting foreign nationals who seek to become permanent lawful U.S. residents through the...

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On the second day meeting of the EU Competitiveness Council on September 27, The EU research ministers focused on innovations as the core of the Europe’s competitiveness. The meeting was chaired by the Lithuanian Minister of Education and Science Dainius Pavalkis. „It is very important to stress, that making progress toward the goals of the Innovation Union is crucial to our future. Ensuring that innovative ideas are turned into products and services which will create growth and jobs – would...

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While industrial performance has stabilised, industry’s share in Europe’s GDP has declined from 15.5% of GDP one year ago to 15.1% in summer 2013. The two industrial Competitiveness reports published today by the European Commission highlight that Member States have made progress in improving the business environment, exports and sustainability. However, many problems still remain. The convergence between industrially most competitive countries and the moderate performers is at a standstill. Moreover, the cost of energy is increasing in almost all...

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Speech by Joaquín Almunia, Vice President of the European Commission responsible for Competition Policy at Georgetown University Law Center, 7th Annual Global Antitrust Enforcement Symposium Washington DC, 25 September 2013 Ladies and Gentlemen, It is always a pleasure to attend your conference and I thank Larry Center for his invitation. But this year I have an additional reason to address this audience here in the States – and a very good one. What I have in mind are the negotiations on the Transatlantic Trade...

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In his address to the United Nations General Assembly today, European Council President Herman Van Rompuy urged the international community to seize the diplomatic opening created in order to control and destroy Syria's chemical weapons. "Any further paralysis of the international community over Syria is simply untenable," he said, calling for a clear resolution by the Security Council. He also stressed that the "European Union is ready to provide all support needed to achieve a political settlement," and that...

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H.E. Enrico Letta, President of the Council of Ministers of the Italian Republic, at the NYSE Earlier today his Excellency Enrico Letta, President of the Council of Ministers of the Italian Republic visited the New York Stock Exchange (NYSE) and rang The Opening Bell. During his visit, Prime Minister Letta met with NYSE Euronext executives and delivered remarks about the status of reforms Italy is implementing to address the country's economic difficulties. The event was organized by the NYSE and the...

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A groundbreaking new report from the Atlantic Council, the Bertelsmann Foundation, and the British Embassy in Washington, entitled TTIP and the Fifty States: Jobs and Growth from Coast to Coast, explores the impact of the Transatlantic Trade and Investment Partnership (TTIP) on the economies of all fifty United States. Download PDF In summer 2013, representatives of the United States and European Union opened negotiations to establish this new trade partnership, which would deepen the relationship between the world’s two leading economies...

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Brussels, 24 September 2013 -- Today the European Commission adopted two measures to improve the safety of medical devices fulfilling its commitment to restore patient confidence in the medical devices sector following, amongst others, the Poly Implant Prothèse (PIP) breast implants scandal. The new rules are a Commission Implementation Regulation clarifying the criteria to be met by notified bodies1, which are responsible for inspecting manufacturers of medical devices, and a Recommendation clarifying the tasks these bodies have to undertake when...

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