Transatlantic News

Transatlantic News

Chapter News

Breaking down barriers to cross-border investments and accelerating delivery

The European Commission took today a major step towards the development of a Capital Markets Union by promoting alternative sources of financing and removing barriers to cross-border investments. While the Capital Markets Union will benefit all Member States, it will particularly strengthen the Economic and Monetary Union by promoting private risk-sharing. Building on progress already achieved since the launch of the Capital Markets Union in 2015, today's proposals will boost the cross-border market for investment funds, promote the EU market...
Brexit News, Chapter News

Brexit: Parliament to set out its vision for future EU-UK relations

Parliament’s political leadership has endorsed a draft resolution laying out a possible framework for future EU-UK relations after Brexit. An association agreement between the EU and the UK could provide an appropriate framework for the future relationship, says a draft resolution endorsed by the Conference of Presidents (EP President and political group leaders). This relationship could be based on four pillars: trade and economic relations, foreign policy, internal security and thematic cooperation, for example on cross-border research and innovation projects....
Chapter News, News, Trade & TTIP Related

European Commission Responds to Imposed Steel and Aluminum Duties

The European Commission has responded to the recent announcement from the President of the United States regarding the imposition of additional duties for steel and aluminum imports to the U.S. Earlier this morning, the College of Commissioners held a press conference in which it was firmly stated that the European Union still hopes that the proposed restrictions are not imposed – but if they are, the EU will act in line with the World Trade Organization rules to defend European...
Chapter News

International Women’s Day 2018: empowering women and girls in the media and ICT

EU Commissioners Vĕra Jourová and Mariya Gabriel, MEPs and 27 MPs from 17 EU national parliaments and Norway will be among the participants in this inter-parliamentary meeting, marking International Women’s Day (IWD). After introductions by European Parliament President Antonio Tajani and EU Commissioner for gender equality Vĕra Jourová, as well as keynote speeches by Director of Les Suffragettes’ Sarah Gavron and by the founder of MadwomenFest festival Pilar Jurado, the event will be divided into three debates: - Women shaping media, -...
Brexit News, Chapter News

Brexit: European Commission publishes draft Article 50 Withdrawal Agreement

The European Commission has today published the draft Withdrawal Agreement between the European Union and the United Kingdom. The draft Withdrawal Agreement translates into legal terms the Joint Report from the negotiators of the European Union and the United Kingdom Government on the progress achieved during phase 1 of the negotiations, published on 8 December 2017, and proposes text for those outstanding withdrawal issues which are mentioned in, but not set out in detail, in the Joint Report. It also integrates the text on...
Brexit News, Chapter News

Informal Meeting of the 27 Heads of State or Government, 23/02/2018

Main results EU leaders met in Brussels to discuss the long-term EU budget and the institutional issues. Syria, Brexit, and relations with Turkey were also on the agenda. Multiannual financial framework The heads of state or government also debated on the political priorities of the multiannual financial framework (MFF) after 2020, i.e. the EU's long term budget. We agreed that the EU will spend more on stemming illegal migration, on defence and security, as well as on the Erasmus+ programme. Donald Tusk, President of the...
Chapter News

European Commission: Economic and Financial Affairs Council

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...
Chapter News

Winter 2018 Interim Economic Forecast: A solid and lasting expansion

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...