Transatlantic News

Transatlantic News
26
Sep
An international criminal network involved in the trafficking of 167 people for labour exploitation was taken down by the national authorities of France and Bulgaria in several joint action days. One French and three Bulgarian suspects were arrested and heard in France, and numerous searches were carried out in Bulgaria. Eurojust, the EU’s Judicial Cooperation Unit, supported the simultaneous operations through real-time coordination of the national judicial and law enforcement authorities, and by setting up a joint investigation team...
19
Sep
A joint statement following the third annual EU-US Privacy Shield review stressed the need for strong and credible enforcement of privacy rules to protect citizens and ensure trust in the digital economy.
Today, U.S. Secretary of Commerce Wilbur Ross and EU Commissioner for Justice, Consumers, and Gender Equality Věra Jourová made the following statement regarding the third annual joint review of the EU-U.S. Privacy Shield Framework:
“Senior officials from the United States Government, the European Commission, and EU data protection...
18
Sep
A multi-country action day coordinated by Eurojust in The Hague led to the dismantling of an international criminal network committing massive fraud with pay-TV, which shows organised crime expanding its illegal activities to large-scale violations of audiovisual copyright. The actions taken in this unique case in the European Union are the result of complex investigations conducted by prosecutors from Naples and Rome, with the support of judicial and police authorities from Bulgaria, Germany, Greece, France, and the Netherlands, as...
17
Sep
Christine Lagarde obtained Parliament’s approval to be the ECB’s next President, in a plenary vote on Tuesday.
In the secret vote, MEPs voted 394 in favour, 206 against and 49 abstentions to recommend Ms Lagarde to head up the European Central Bank.
The European Parliament gives a non-binding opinion on whether or not a candidate is suitable to fill the role of President of the ECB, with the final decision taken by the European Council. She is due to replace the...
17
Sep
Climate change is a defining challenge of our generation and the European Union (EU) has been at the forefront of negotiating a multilateral framework to respond to this global challenge. In 2015, the EU diplomacy played a leading role in brokering the historic and global Paris Climate Agreement. 195 countries agreed on a simple goal: to hand over to future generations a healthier planet and more prosperous, modern and fair societies.
The EU has acted domestically with speed and decisiveness to...
17
Sep
By Gita Gopinath IMF
In our July update of the World Economic Outlook we are revising downward our projection for global growth to 3.2 percent in 2019 and 3.5 percent in 2020. While this is a modest revision of 0.1 percentage points for both years relative to our projections in April, it comes on top of previous significant downward revisions. The revision for 2019 reflects negative surprises for growth in emerging market and developing economies that offset positive surprises in...
17
Sep
Good afternoon, let me start by thanking our Finnish friends for hosting us here in Helsinki.
Today we welcomed two newcomers in our group. Christos Staikouras from Greece and Roberto Gualtieri from Italy. We heard their policy priorities for the near future and their commitment with policies that contribute to preserving the stability of the euro. I should note that Roberto is no stranger to the group as he attended the Eurogroup before in his previous capacity as ECON Chair...
13
Sep
The World Bank today announced the 28-month debarment of Spanish engineering company Ingeniería Especializada Obra Civil e Industrial S.A.U. in connection with corrupt, collusive and fraudulent practices in the World Bank-financed National Roads and Airport Infrastructure Project in Bolivia. At the time of the misconduct, the firm’s name was Acciona Ingeniería S.A., and it operated in Bolivia through a branch office.
The debarment makes Ingeniería Especializada Obra Civil e Industrial S.A.U. ineligible to participate in World Bank-financed projects. The debarment...