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Transatlantic News
Transatlantic News
22
Feb
Main results
Ministers discussed the recommendations of a high-level group of experts on sustainable finance.
The EU's sustainable finance strategy will contribute to implementing the UN's 2015 climate change agreement. It is also part of the EU's plan to develop a capital markets union by the end of 2019.
The Commission is due to present an action plan in March 2018.
"The Paris agreement marked a milestone for the global economy and the EU is leading the shift towards a low-carbon society", said Vladislav...
21
Feb
Growth rates for the euro area and the EU beat expectations last year as the transition from economic recovery to expansion continues. The euro area and EU economies are both estimated to have grown by 2.4% in 2017, the fastest pace in a decade.
This robust performance is set to continue in 2018 and 2019 with growth of 2.3% and 2.0% respectively in both the euro area and EU.
Growth is likely to remain solid
The 2.4% GDP growth now estimated for...
20
Feb
Today the Commission proposes to give €104 million from the Solidarity Fund to four EU Member States that were hit by natural disasters in 2017.
This is a concrete delivery on the Juncker Commission's promise to offer more than condolences when an EU country is struck by a disaster. EU Solidarity Fund money can be used to support reconstruction efforts and cover some of the costs of emergency services, temporary accommodation, clean-up operations and protection of cultural heritage, in order...
15
Feb
Speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank:
Dear Jörg Rocholl
Ladies and gentlemen
Thank you for inviting me to speak at the ESMT Open Lecture. During my last visit to this university, I had the gratifying opportunity to moderate a speech delivered by Christine Lagarde.
My talk today will be about the future of Europe, and of the euro area in particular. Currently, the euro area is witnessing a fully-fledged economic upswing. At year-end 2017, GDP had climbed by 2.4% overall. And...
14
Feb
Ahead of the Informal Leaders' meeting on 23 February 2018, the European Commission is today setting out various options – and their financial consequences – for a new and modern, long-term EU budget that delivers efficiently on its priorities after 2020.
European Commission President Jean-Claude Juncker said: "Budgets are not bookkeeping exercises – they are about priorities and ambition. They translate our future into figures. So let's first discuss about the Europe we want. Then, Member States must back their ambition up with the...
12
Feb
Backed by a robust economic growth, employment in the EU continued to rise more strongly than expected in the third quarter of 2017, while unemployment figures declined further according to the latest Quarterly Review on Employment and Social Developments in Europe.
Marianne Thyssen, Commissioner for Employment, Social Affairs, Skills and Labour Mobility, commented: "Growth is back in Europe. Employment in the EU reached the highest level ever recorded with more than 236 million people in jobs. And unemployment is steadily declining. We should...
08
Feb
While the United States renegotiates NAFTA and focuses on trade law enforcement, what is the rest of the world doing on trade? WITA's second annual look at what is happening around the world of trade outside the United States. From One Belt and One Road to Brexit, the Pacific Alliance and TPP-11, the world is moving on international trade policy.
The WTO currently lists 39 new bilateral and regional trade agreements under negotiation, with the U.S. party to one of...
07
Feb
Growth rates for the euro area and the EU beat expectations last year as the transition from economic recovery to expansion continues. The euro area and EU economies are both estimated to have grown by 2.4% in 2017, the fastest pace in a decade.
This robust performance is set to continue in 2018 and 2019 with growth of 2.3% and 2.0% respectively in both the euro area and EU.
Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue, also in charge of...
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