Transatlantic News

Transatlantic News
13
Nov
The United Kingdom has decided to leave the European Union, invoking the procedure foreseen by Article 50 of the Treaty on European Union. The Commission regrets this decision, but respects it. On 30 March 20192, the United Kingdom will become a third country. All Union primary and secondary law will cease to apply to the United Kingdom from that moment, unless a ratified withdrawal agreement establishes another date.
As emphasised in the Commission’s first Brexit preparedness Communication of 19 July...
12
Nov
BY JOHN BRUTON
The worst possible outcome of Brexit for Ireland would be the UK crashing out of the EU, without a deal, next March because the UK Parliament cannot make a decision. The key to avoiding this disaster is in the position of the British Labour Party.
So far, the focus of discussion in regard to Brexit has been on whether the minority Conservative Government can reach sufficient consensus internally, to make a deal to withdraw the UK from the EU.
But...
12
Nov
As we celebrate the EU Single Market’s 25th anniversary, it is important to take stock of the enviable economic growth and welfare it has brought to Europe, while also acknowledging that new areas need to be prioritised so that the Single Market can remain fit for purpose in the 21st century.
Furthermore, sustaining higher rates of investment and improving the business environment in complementarity to the Single Market is an integral part of the EU’s ambitious Investment Plan for Europe – widely...
12
Nov
This text is the outcome of a workshop with MARIEHÉLÈNE BÉRARD, investment banker, FARID FATAH, Ph.D. candidate in Law, PASCAL LAMY, President emeritus of the Jacques Delors Institute, LOUIS SCHWEITZER, Honorary Chairman of Renault, and PIERRE VIMONT, Senior Fellow at Carnegie Europe.
If one accepts Jean-Claude Juncker’s last State of the Union speech in September 2018, “the time for European sovereignty has come.” As if to prove his case, Donald Trump affirmed this before the UN General Assembly a couple...
09
Nov
Growth in the euro area is forecast to ease from a 10-year high of 2.4% in 2017 to 2.1% in 2018 before moderating further to 1.9% in 2019 and 1.7% in 2020. The same pattern is expected for the EU27, with growth forecast at 2.2% in 2018, 2.0% in 2019 and 1.9% in 2020.
Autumn 2018 Economic Forecast: sustained but less dynamic growth amid high uncertainty
Brussels, 8 November 2018
Growth in the euro area is forecast to ease from a 10-year...
07
Nov
The European Commission is awarding Athens the title of the European Capital of Innovation 2018 with a €1 million prize
Athens is the winner of this year's European Capital of Innovation Awards, funded by the EU research and innovation programme Horizon 2020. The runner-up cities - Aarhus (Denmark), Hamburg (Germany), Leuven (Belgium), Toulouse (France), and Umeå (Sweden) - received €100,000 each. The prize money will be used to scale up local innovation activities and collaborate with other cities.
The City of...
01
Nov
The European Commission has approved an investment package of €243 million from the EU budget for projects under the LIFE programme supporting nature, the environment and quality of life in Europe's transition to a more sustainable and low-carbon future.
The EU funding under the LIFE programme for the Environment and Climate Action will mobilise additional investments leading to a total of €430.7 million going towards 142 new projects. With numerous trans-national projects funded, LIFE will have an impact in every EU Member State.
Funds of...
30
Oct
The aim of this new agreement is to provide financing on favourable terms for small projects
Ensuring that credit reaches entrepreneurs and young people wanting to turn their ideas into a business is the objective behind the agreement signed between the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO). The EIB will provide EUR 400m to ICO, which will in turn contribute an additional EUR 400m of its own, meaning that the financing volume available to micro-enterprises (with...
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