Transatlantic News

Transatlantic News

Brexit News, Chapter News

One year after Brexit: where is the UK economy heading?

by Marie-Elisabeth de la Serve and Laurent Ferrara Since the vote on Brexit, the UK economy has shown resilience. However, due to the historically low level of savings rates, investment uncertainty and inflationary risk, we can ask ourselves whether the current growth model of the UK economy is sustainable over the short term. The macroeconomic adjustment that followed the shock triggered by the referendum first took place via the exchange rate: the sterling depreciated in real terms by 15% between May 2015 (the date...
Chapter News

The European Securities and Markets Authority (ESMA) Conference – An Update

The European Securities and Markets Authority (ESMA) conference, which takes place in Paris on Tuesday 17 October, will be this autumn’s key event focusing on developments in the EU’s financial services markets. Participants will hear from leading figures on issues such as Brexit, CMU, MiFID, market infrastructures, financial innovation and the future shape of financial services regulation. Confirmed keynote speakers include: Steven Maijoor, Chair, European Securities and Markets Authority (ESMA); Valdia Dombrovskis, Vice President of the European Commission with responsibility...
Chapter News

EU-Ukraine Association Agreement fully enters into force

Today, the Association Agreement between the European Union and Ukraine enters fully into force. The Association Agreement, including its Deep and Comprehensive Free Trade Area (DCFTA), is the main tool for bringing Ukraine and the EU closer together: it promotes deeper political ties and stronger economic links, as well as respect for common European values. The DCFTA provides a framework for modernising Ukraine's trade relations and economic development by opening up markets and harmonising laws, standards and regulations with EU...
Chapter News

Innovative financing for digital services in Sweden: EIB provides EUR 8 Million for inRiver under the Juncker Plan

The European Investment Bank (EIB) is providing inRiver AB, a Swedish developer of cloud computing based product information management software (PIM), with EUR 8 million in financing to boost the company’s competitiveness in a fast growing market. The transaction comes under the European Growth Finance Facility which benefits from the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Product information management software is a crucial tool to overcome the scale and complexity digital channels create for...
Chapter News

Sustaining openness in a dynamic global economy

Speech by Mario Draghi, President of the ECB, at the Economic Policy Symposium of the Federal Reserve Bank of Kansas City, Jackson Hole, 25 August 2017 The global recovery is firming up. In some countries like the United States, this process has been visible for some years, in others like Europe and Japan, the consolidation of the recovery is at an earlier stage. So it is fitting that our discussions are now focusing not only on how to stabilise the...
Chapter News

Innovative financing for digital services in Sweden: EIB provides EUR 8 Million for inRiver under the Juncker Plan

The European Investment Bank (EIB) is providing inRiver AB, a Swedish developer of cloud computing based product information management software (PIM), with EUR 8 million in financing to boost the company’s competitiveness in a fast growing market. The transaction comes under the European Growth Finance Facility which benefits from the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Product information management software is a crucial tool to overcome the scale and complexity digital channels create for...
Chapter News

World Economic Outlook Update, July 2017

The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018. The unchanged global growth projections mask somewhat different contributions at the country level. U.S. growth projections are lower than in April, primarily reflecting the assumption that fiscal policy will be less expansionary going forward than previously anticipated. Growth has been revised up for Japan and especially the euro area, where...
Brexit News, Chapter News, News

Forget Brexit, EU citizens Actually ♥ EU

What holds Europe together? The EU in the wake of Brexit A representative eight-country study by the Friedrich-Ebert-Stiftung, conducted by policy matters The European Union has always been a guarantee for peace, democracy and prosperity for its Member States. It has accordingly always been very attractive: The European Economic Community (EEC) of the six founding members has turned into an EU that since the accession of Croatia in 2013 is now composed of 28 members. Seven more countries are involved in...