Transatlantic News

Transatlantic News

Brexit News, Chapter News

Brexit: European Commission implements “no-deal” Contingency Action Plan in specific sectors

The United Kingdom will leave the European Union in 100 days' time. Given the continued uncertainty in the UK surrounding the ratification of the Withdrawal Agreement, as agreed between the EU and the UK on 25 November 2018 – and last week's call by the European Council (Article 50) to intensify preparedness work at all levels and for all outcomes – the European Commission has today started implementing its “no deal” Contingency Action Plan. This delivers on the Commission's commitment to adopt...
Brexit News, Chapter News

Main Results of the European Council

Remarks by President Donald Tusk after the European Council meeting on 14 December 2018 Main results The European Council on 13-14 December 2018 focused on the EU's long-term budget, external relations, migration and the single market. EU27 leaders also discussed Brexit on Thursday and the euro area on Friday. European Council conclusions, 13-14/12/2018 European Council (Art. 50) conclusions, 13/12/2018 Remarks by President Donald Tusk after the European Council and Eurosummit meetings, 14/12/2018 At the start of the meeting, Chancellor Sebastian Kurz, representing the...
Chapter News

Members of the European Parliament Want to Fund Crucial Areas to Stimulate European Growth

MEPs call for EU resources that match ambitions on research, environment, transport, energy, telecom, defence, space and digitalisation under the 2021-2027 EU budget. Following Parliament’s adoption of its position on the EU’s long-term budget (2021-2027 multiannual financial framework - MFF), MEPs are this week setting out their position on the scope and the priorities for investing in areas which are crucial for future growth. Financing Horizon Europe research programme The proposal for the 2021-2027 Horizon Europe rules for participation and dissemination was...
Chapter News

Artificial intelligence

Member States and Commission to work together to boost artificial intelligence “made in Europe” Delivering on its strategy on artificial intelligence adopted in April 2018 today the Commission presented a coordinated plan prepared with Member States to foster the development and use of artificial intelligence in Europe. This plan proposes joint actions for closer and more efficient cooperation between Member States, Norway, Switzerland and the Commission in four key areas: increasing investment, making more data available, fostering talent and ensuring trust....
Chapter News

Completing the Banking Union: Commission welcomes political agreement to further reduce risks in the EU banking sector

The European Parliament and the Council of the European Union reached a provisional political agreement on the banking package, a comprehensive set of reforms that the Commission proposed to further strengthen the resilience and the resolvability of EU banks. The Commission welcomes the provisional political agreement, which marks an important milestone in reducing risk in the Union banking sector and reinforcing the resilience of banks. Together with the encouraging data on risk reduction presented by the Commission last week, this prepares the...
Chapter News

ESMA is seeking experts in financial innovation for its consultative group

ESMA is today launching the process to renew the Consultative Working Group (CWG) of the Financial Innovation Standing Committee (FISC). ESMA is calling for expressions of interest from stakeholders to become a member of the CWG by 15 January 2019. ESMA has established the CWG to benefit from the expertise of stakeholders who are involved in the topics related to financial innovation under ESMA’s remit (securities markets, market infrastructures, institutional and retail investors) and with a view to support ESMA’s...
Brexit News, Chapter News

Council Decision on the conclusion of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community

1. CONTEXT OF THE PROPOSAL • Reasons for and objectives of the proposal On 29 March 2017, the United Kingdom notified the European Council pursuant to Article 50 of the Treaty on European Union of its intention to withdraw from the European Union and from the European Atomic Energy Community. In accordance with Article 50 of the Treaty on European Union, the Union shall negotiate with the withdrawing State an agreement setting out the arrangements for its withdrawal (the Withdrawal Agreement), taking account of the framework...
Chapter News

G20 Leaders’ declaration Building consensus for fair and sustainable development

1. Ten years since the first G20 Leaders’ Summit we met in Buenos Aires, Argentina, on 30 November1 December 2018 to build consensus for fair and sustainable development through an agenda that is people-centred, inclusive and forward-looking. 2. This year we have focused on the following pillars: the future of work, infrastructure for development, a sustainable food future and a gender mainstreaming strategy across the G20 agenda. 3. We have addressed our agenda promoting dialogue and the search for common ground. Building consensus requires the...