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Transatlantic News
Transatlantic News
29
May
Brussels, 29 May 2019
Today, the European Commission published a new guidance on the interaction of free flow of non-personal data with the EU data protection rules. As part of the Digital Single Market strategy, the new Regulation on the free flow of non-personal data, which has started to apply in the Member states, will allow data to be stored and processed everywhere in the EU without unjustified restrictions. Today's guidance aims to help users – in particular small and...
28
May
May 21, 2019
Global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide, according to the OECD’s latest Economic Outlook.
The global economy is expected to achieve moderate but fragile growth over the coming two years. Vulnerabilities stem from trade tensions, high policy uncertainty, risks in financial markets and a slowdown in China, all of which could...
28
May
The Council today adopted conclusions on "A new level of ambition for a competitive single market". These conclusions are the Council's response to recent calls from the European Council for an integrated, forward-looking approach to the single market, which should connect all relevant policies and remove remaining unjustified barriers and avoiding creating new ones, in particular on freedom to provide services and on digitalisation.
The single market is a huge achievement and a cornerstone for the robustness and the global...
28
May
New, updated seat projection for the new European Parliament based on final and provisional results in 27 countries and estimates in one more:
Provisional results 28-05
This new projection is based on:
• Final results in 13 countries: Austria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Luxembourg, Poland, Slovakia, UK.
• Provisional results in 14 countries: Belgium, Bulgaria, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Netherlands, Portugal, Romania, Slovenia, Spain, Sweden,
• National estimates from one country: Ireland
Turnout estimates indicate a significant increase in...
24
May
Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook highlights that most SME job creation has been in sectors with below average productivity levels, with SMEs typically paying employees around 20 percent less than large firms.
While SMEs are more engaged in new organisational or marketing practices...
24
May
On 25 May 2019, the General Data Protection Regulation will celebrate its first year of entry into application. To mark the occasion, Andrus Ansip, Vice-President for the Digital Single Market and Věra Jourová, Commissioner for Justice, Consumers and Gender Equality, issued the following statement:
“25 May marks the anniversary of Europe's new data protection rules, the General Data Protection Regulation, also widely known as the GDPR. These game-changing rules have not only made Europe fit for the digital age, they...
24
May
Having banned unfair trading practices and improved producer cooperation, the Commission is today presenting the third element to improve fairness in the food supply chain by introducing greater transparency in the way prices are reported throughout the chain.
The European Commission today tabled a proposal that will make available crucial information on how prices are determined as agri-food products move along the food supply chain.
Buying and selling price differences can provide information about intermediary costs (such as transport, insurance, storage,...
24
May
May 17, 2019
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic...
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