Transatlantic News

Transatlantic News

Chapter News

Fair minimum wages: Commission launches second-stage consultation of social partners

June 03, 2020 | Today, the Commission launches the second-stage consultation of European trade unions and employers' organisations on how to ensure fair minimum wages for all workers in the European Union. This follows the first-stage consultation which was open from 14 January to 25 February 2020, to which the Commission received replies from 23 EU-wide social partners. Based on the replies received, the Commission concluded that there is a need for further EU action. Already a political priority for the von der...
Chapter News

Transatlantic Business & Investment Council (TBIC) Quarterly: Transatlantic Foreign Direct Investment Analysis & Trends

2nd Quarter 2020 The Transatlantic Business & Investment Council (TBIC) is the official European representative of selected counties, cities and corporations from over 30 U.S. States. It is our mission to promote transatlantic trade and investment. To that end, the TBIC bridges the gap between Economic Development Organizations (EDOs) and European investors looking to enter or expand in the U.S. market. In this edition of our Quarterly, we present data for the entire year of 2019, including the preliminary (p) numbers...
Chapter News

Speech by President von der Leyen at the European Parliament Plenary on the EU Recovery package

May 27, 2020 | Speech by Ursula von der Leyen "Check against delivery" Mr President, Honourable Members, Europe is a story about generations. And each generation of Europeans has its own story. For our Union's founding generation, the story was about building a lasting peace where there was only suffering, pain and destruction. For the generation that followed, it was about pursuing prosperity and freedom by choosing the unity of our single market and our single currency. Our next story was about reuniting our European family...
Chapter News

EACCNY #COVID19 Impact Stories from Our Members – Revinax

Together with our members we are creating a Video series of first-hand accounts of the Pandemic’s impact, both personally & professionally. We invite you to join us today for a first-hand look at the impact of the global shutdown following the Coronavirus (COVID-19) outbreak – Today we are featuring Maxime Ros, CEO, @Revinax a EACCNY member. The questions we asked our members for this series are: 1) What are some challenges you, personally and your organization have faced? 2) What are some of...
Chapter News, Trade & TTIP Related

Tracking Trade During the COVID-19 Pandemic

May 14, 2020 | With the current fast-changing developments, policy makers need to know what is happening to the economy in real time, but they often must settle for data telling them what happened many weeks ago. And international trade, which links countries through a complex web of supply chains, is an area where timely information is especially valuable from a global perspective. Most trade takes place by sea, and—for navigational safety purposes—virtually all cargo ships report their position, speed, and other...
Chapter News

EU Reaction to US announcement on breaking ties with the World Health Organisation

May 30, 2020 | Statement by the President of the Commission Ursula von der Leyen and High Representative/ Vice-President Josep Borrell As the world continues to fight the COVID-19 pandemic, the main task for everyone is to save lives and contain and mitigate this pandemic. The European Union continues to support the WHO in this regard and has already provided additional funding. In an EU-led resolution adopted by consensus on 19 May at the World Health Assembly, all WHO Member States agreed to...
Chapter News

Questions and Answers: The proposed InvestEU Programme

May 29, 2020 | Why do we need InvestEU for the post-coronavirus recovery? InvestEU is the EU's proposed flagship investment programme to kick-start the European economy. It is well-placed to provide long-term funding and to support Union policies in the recovery from a deep economic and social crisis. This has been shown with the successful implementation of the European Fund for Strategic Investments and other EU financial instruments in the wake of the past financial crisis. In the current coronavirus crisis, the...
Chapter News

EU budget for recovery: Kick-starting the EU economy by incentivising private investments

May 29, 2020 | As announced by European Commission President von der Leyen on 27 May 2020, the Commission is aiming to kick-start the EU economy by incentivising private investments. The Commission today proposes a new Solvency Support Instrument, which builds on the existing European Fund for Strategic Investments, to mobilise private resources to urgently support viable European companies in the sectors, regions and countries most economically impacted by the pandemic. The Solvency Support Instrument can be operational from 2020 and will have a...

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