Leaders of the European Union today congratulated President Barack Obama on his re-election as President of the United States of America. "The United States is a key strategic partner of the European Union and we look forward to continuing the close cooperation established with President Obama over these last four years, to further strengthening our bilateral ties and to jointly addressing global challenges, including in the fields of security and economy," said European Council President Herman Van Rompuy and European...

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The Deutsche Bundsbank Representative office here in New York made available the speech by Dr. Andreas Dombret Member of the Executive Board, presented November 2 at Columbia University.

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Innovation is a key driver of economic growth and jobs. The Regional Innovation Scoreboard 2012, published today, provides a comparative assessment of how European regions perform with regard to innovation. The report covers 190 regions across the European Union, Croatia, Norway and Switzerland. To read more about the subject click here. Additional information about the Regional Innovation Scoreboard 2012 click here.

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Envision a "wild west" version of cyberspace where crime is rampant, security is breached, and systems go down. The EU is on it-tackling threats to global networks, combating cybercrime, and working with the U.S. to safeguard this vital foundation of the 21st century economy. Learn more in the November 2012 issue of EU Focus.     In this context also see: Cyber-security – a shared responsibility.        

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The Central Bank of Ireland statistics for Q2 2012 show further growth of Irish investment funds. Asset levels in Irish funds increased in value to €855.1 billion at the end of Q2 2012. This figure is up from €819.8 billion at the end of Q1 2012 and €768.7 billion at the end of Q4 2011. This equates to growth of over 11% for the first half of 2012 and continues a trend evident throughout 2011, where net inflows into Irish domiciled...

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The Central Bank of Ireland (the “Central Bank”) has issued Consultation Paper CP 60 (the “Consultation Paper”) in relation to the Alternative Investment Fund Managers Directive (the “AIFMD”) and its implementation in Ireland. AIFMD The AIFMD will come into effect on 22 July 2013 and will apply to all alternative investment fund managers. The transposition of the AIFMD into Irish law will be by means of secondary legislation, meaning a statutory instrument which can be expeditiously signed into law by the...

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Keeping the "real economy" healthy and at home is vital to economic recovery and growth in Europe. The EU's proposed support for strengthening its industry will foster the necessary investment in new technologies and rebuild a climate of confidence and entrepreneurship. Currently, industry accounts for about 16 percent of EU GDP-the goal is 20 percent by 2020. To read more click here. On this page: Industrial revolution brings industry back to Europe Industry Communication - Lack of confidence triggers lack of investment 2012 Report on...

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