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Transatlantic News
Transatlantic News
02
Apr
Banque de France Symposium & 34th SUERF Colloquium | On the occasion of the 20th anniversary of the euro | The Euro Area: Staying the Course through Uncertainties | 28 March 2019
Introductory remarks by François Villeroy de Galhau, Governor of the Banque de France
Good afternoon everyone and welcome to Paris. This is not only the 34th SUERF Colloquium but also the 10th Banque de France International Symposium. It is also Marc-Olivier’s last symposium and I would like to warmly...
02
Apr
Brussels, 1 April 2019
Good morning ladies and gentlemen,
You have entitled this breakfast discussion “deal or no deal? The state of play of Brexit”.
Let’s not forget that we already have an agreement!
It was concluded by Theresa May and the European Council on 25 November last year, both on the terms of the withdrawal and on the framework for the future relationship.
The EU put a lot of effort into concluding that agreement.
We have been respectful of the UK’s choices.
We tried to...
02
Apr
The European Union's (EU) banking, insurance, pensions and securities sectors continue to face a range of risks, the latest report on "Risks and Vulnerabilities in the EU Financial System" published today by the Joint Committee of the European Supervisory Authorities (ESAs) shows. The 2019 Spring ESAs' report highlights the following risks as potential sources of instability:
Uncertainties around the terms of the United Kingdom's withdrawal from the European Union.
Further repricing of risk premia and asset price volatility, which could be...
29
Mar
Statement by the European Commission. March 29, 2019
The Commission regrets the negative vote in the House of Commons today. As per the European Council (Article 50) decision on 22 March, the period provided for in Article 50(3) is extended to 12 April. It will be for the UK to indicate the way forward before that date, for consideration by the European Council.
A “no-deal” scenario on 12 April is now a likely scenario. The EU has been preparing for this...
28
Mar
On Wednesday, Parliament approved a new law banning single-use plastic items such as plates, cutlery, straws and cotton buds sticks.
560 MEPs voted in favour of the agreement with EU ministers, 35 against and 28 abstained.
The following products will be banned in the EU by 2021:
Single-use plastic cutlery (forks, knives, spoons and chopsticks)
Single-use plastic plates
Plastic straws
Cotton bud sticks made of plastic
Plastic balloon sticks
Oxo-degradable plastics and food containers and expanded polystyrene cups
New recycling target and...
27
Mar
by John Bruton
Avoiding a No Deal Brexit is going to require a radical change in the way the House of Commons makes decisions.
Now that the Withdrawal Agreement negotiated with the EU has been rejected twice by the House of Commons, MPs must now turn to discovering what alternative approach might find find actually support. Only then can to UK engage meaningfully with the EU.
This process must be completed by 10 April, the date of a possible special meeting of...
26
Mar
●Internet platforms are liable for content that users upload
●Some uploaded material, such as memes or GIFs, now specifically excluded from directive
●Hyperlinks to news articles, accompanied by “individual words or very short extracts”, can be shared freely
●Journalists must get a share of any copyright-related revenue obtained by their news publisher
●Start-up platforms subject to lighter obligations
Creatives and news publishers will be empowered to negotiate with internet giants thanks to new copyright rules which also contain safeguards on freedom of expression.
MEPs adopted...
26
Mar
The European Commission has today decided to appoint David O'Sullivan, former EU Ambassador to the United States of America, as Special Adviser to President Jean-Claude Juncker on EU-U.S. relations.
In this capacity, he will advise the President on strategy and priorities in relations with the U.S. Mr O'Sullivan was the Ambassador of the European Union to the United States from 2014 to 2019. Previously, he was the Chief Operating Officer of the European External Action Service (EEAS), in charge of its establishment at the...