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Transatlantic News
Transatlantic News
03
Jun
May, 31, 2019
The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced today.
The 129 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) adopted a Programme of Work laying out a process for reaching a new global agreement for taxing multinational enterprises.
The document, which calls for...
03
Jun
June 3, 2019
The European Commission has cleared the acquisition of a joint venture by VW Group, Intel and Allied Holdings, and the acquisition of Euroports by MRG, PMV and SFPI-FPIM.
Commission clears acquisition of a joint venture by VW Group, Intel and Allied Holdings:
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of a newly created joint venture by Volkswagen Finance Luxembourg S.A. (“VWFL”) of Luxembourg, Mobileye Vision Technologies Ltd. (“Mobileye”) and Champion...
31
May
Maurice MARCHAND-TONEL, President of the EACC Paris from 1997 to 2017, passed away on May 1, 2019 in Miami.
His funeral took place on May 28th in Paris. Maurice was the heart and soul of EACC network. Without his forward thinking & drive to create the network in 2005 in France the EACC would have never come to live. Maurice is with us in our hearts & in spirit as we are continuing to grow the network across Europe and within the...
29
May
Brussels, 29 May 2019
Breakthrough Energy Ventures Europe (BEV-E), a new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.
The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe's best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of...
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...
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