Transatlantic News

Transatlantic News

Chapter News

The Future of the EU: optimism is on the rise

Optimism about the future of the European Union and about the economic situation is on the rise, says the latest Eurobarometer survey, which polls citizens’ views in the EU. The image of the EU and trust in institutions are also recovering. Key trends of Spring 2017 Standard Eurobarometer have just been published. And they are good news as far as the vision of the future of the EU, the economic situation in the member states, trust in the EU and...
Chapter News

EU consumers show growing demand for cross-border online shopping, new survey reveals

The 2017 edition of the Consumer Conditions Scoreboard shows that more and more EU consumers are shopping online and that their trust in e-commerce has increased, in particular in buying online from other EU countries. For retailers, however, the Scoreboard shows that many are still reluctant to expand their online activities and continue to have concerns about selling online to consumers in other EU countries. Such concerns are mainly linked to a higher risk of fraud and non-payment in cross-border...
Brexit News, Chapter News

Border Communities Against Brexit is one of the winners of the European Citizen’s Prize 2017

The national award ceremony took place in the Garage Theatre, Monaghan Town on Friday 14th July. Since 2008, this prestigious award has recognised projects and initiatives that facilitate cross-border cooperation or promote mutual understanding and EU values.  Border Communities Against Brexit was nominated for the prize by Matt Carthy MEP, Liadh Ní Riada MEP, Lynn Boylan MEP, Marian Harkin MEP and Nessa Childers MEP. Martina Anderson MEP said "Border communities against Brexit stretches along the partitioned border of Ireland and represent a range of sectors including representatives from vulnerable adults, to SMEs, Hoteliers,...
Chapter News

Central Banking in Times of Technological Progress

Speech by Yves Mersch, Member of the Executive Board of the ECB, at the Bank Negara Malaysia Monetary Policy Conference, Kuala Lumpur, 24 July 2017 There have been many significant advances in technology over the three and a half centuries that central banks have existed: railways, electrification, computerisation, and the internet to name but a few. Each of these great waves of technological revolution has transformed how economies function. While not all have had such a marked impact on central...
Chapter News

Monetary policy decisions: The ECB and Interest Rates

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases. Regarding non-standard monetary policy measures, the Governing Council confirms...
Chapter News

EU customs seized over 41 million fake goods at EU borders last year

New figures released by the European Commission today show that customs authorities detained more than 41 million fake and counterfeit products at the EU's external border in 2016. The goods had a total value of over €670 million. Everyday products which are potentially dangerous to health and safety – such as food and drink, medicines, toys and household electrical goods - accounted for over a third of all intercepted goods.  Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs,...
Chapter News

Being Green: From waste to innovative and greener fertilisers

Increase use of recycled materials to produce fertilisers, reducing waste and energy consumption Limits for contaminants to protect health and environment Farmers and consumers to have a wider choice Innovative fertilisers produced from organic or recycled materials will have easier access to the EU single market, under draft rules put to the vote on Thursday. Existing EU rules on fertilisers cover mainly conventional fertilisers, typically extracted from mines or produced chemically, with high energy-consumption and CO2 production. Diverging national rules make...
Chapter News, Uncategorized

Investment Plan for Europe: EIB and Santander sign two agreements to support SMEs and finance renewable energy projects

The European Investment Bank (EIB) and Banco Santander have signed two agreements with Investment Plan for Europe guarantees to provide financing for Spanish SMEs and help develop investment in renewable energy. The first of the agreements is a new EIB instrument to spread credit risk across both institutions. This financial instrument will enable Banco Santander to expand its capacity to grant loans to finance new investments from Spanish SMEs, which will be able to benefit from the favourable financing conditions made possible...