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Transatlantic News
Transatlantic News
01
May
The world’s economic leaders and stakeholders came together at the 2017 IMF and World Bank Spring Meetings amid a more positive outlook on the global growth, which is forecast to hit its fastest pace in five years. A clear theme running through the meetings was the need to protect the growth momentum, given policy and political uncertainties, and to help ensure that everyone has the opportunity to share in the fruits of global integration and technological progress.
More than 10,000...
01
May
President Juncker participates in the European Council to prepare the Brexit negotiating mandate and helps finding solutions on a number of bilateral issues.
At the European Council on Article 50 today, leaders adopted the EU's Political Guidelines for the Brexit negotiations. President Juncker welcomed the adoption of the Political Guidelines which reflect the joint work of President Juncker and President Tusk and their teams. He also underlined the Commission's commitment to defending the interests of the EU27 and building the best...
01
May
In the eyes of a growing number of citizens, belonging to the EU is a good thing. According to the latest Eurobarometer survey of Europeans’ attitudes, figures are virtually back at their pre-crisis levels in 2007.
The survey, commissioned by the Parliament and published on Thursday, shows that EU membership is a good thing in the eyes of 57% of Europeans, up by four percentage points compared to the previous survey of September last year and almost at the same...
29
Apr
European Council (Art. 50) guidelines following the United Kingdom's notification under Article 50 TEU
On 29 March 2017, the European Council received the notification by the United Kingdom of its intention to withdraw from the European Union and Euratom. This allows for the opening of negotiations as foreseen by the Treaty.
European integration has brought peace and prosperity to Europe and allowed for an unprecedented level and scope of cooperation on matters of common interest in a rapidly changing world. Therefore,...
29
Apr
What is Article 50?
Article 50 of the Treaty on European Union sets out the procedure for a Member State to withdraw from the European Union, if it should wish to do so. It was first introduced by the Lisbon Treaty in 2007.
How does a Member State trigger Article 50?
A Member State must notify the European Council of its intention to leave. There are no particular requirements regarding the form.
What happens once Article 50 has been triggered?
The withdrawal agreement must...
28
Apr
Washington, DC – A new report from the Atlantic Council and Zurich Insurance Group examines best-, worst-, and base-case scenarios for three geopolitical trends and the potential impact for businesses and the world at large. It also highlights the risk mitigation solutions for each scenario.
The report, “Our World Transformed: Geopolitical Shocks and Risks,” concludes that a rise in global protectionism stemming from a backlash against free trade and globalization could have significant impact on economic growth, poverty levels, and...
27
Apr
The Investment Plan for Europe was presented today at the headquarters of the European institutions as “a growth opportunity for Spain” at an event attended by Luis de Guindos, Spain’s Minister of the Economy, Industry and Competitiveness, Jyrki Katainen, Vice-President of the European Commission (EC) responsible for Jobs, Growth, Investment and Competitiveness, Román Escolano, Vice-President of the European Investment Bank (EIB), and Pablo Zalba, CEO of the Instituto de Crédito Oficial (ICO). Aránzazu Beristain, Head of the EC’s Representation,...
27
Apr
Young fishermen and fish farmers in the EU’s outermost regions (ORs) need financial help and incentives, including money for new boats, said Parliament on Thursday.
The non-legislative resolution was passed by 428 votes to 64, with 118 abstentions. An amendment to allow EU and national funding to renew the OR fleet was passed by 358 votes to 240, with 16 abstentions.
Commenting on the resolution and the amendment, rapporteur Ulrike Rodust (S&D, DE) said "I have tried to work out the...
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