Transatlantic News

Transatlantic News

Chapter News

The EU in the world – A statistical portrait of the European Union compared with the 15 non-EU G-20 countries

Population, living conditions, health, education & training, labour market, economy & finance, trade, industry & services, research & communication, transport, agriculture, environment and energy: the 2016 edition of the Eurostat publication “The EU in the world” compares the European Union (EU) with the 15 non-EU G-20 countries across thirteen statistical fields using a range of European and international statistics. Full text available on EUROSTAT website Compliments of the European Commission
Chapter News

Parliament to assess UK candidate for Security Union Commissioner

Parliament will evaluate Commissioner-designate Sir Julian King for the portfolio of the Security Union during its plenary session in Strasbourg. The Civil Liberties Committee will first hold a public hearing with the candidate on Monday 12 September in the evening. The full House will take a vote on Thursday. Julian King's candidacy was put forward by the UK Government following the resignation of Lord Jonathan Hill, who held the Financial Services portfolio. Commission President Jean-Claude Juncker announced last month that...
Chapter News

State aid: Ireland gave illegal tax benefits to Apple worth up to €13 billion

The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of competition policy, said: "Member States cannot give tax benefits to selected companies – this is illegal under EU state aid rules. The Commission's investigation concluded that Ireland granted illegal...
Chapter News

Europe after Brexit: A proposal for a continental partnership

After the British decision to leave the EU, Europe’s trajectory, even its destiny, has again become a matter of choice. In an increasingly volatile world, neither the EU nor the UK have an interest in a divorce that diminishes their influence as the balance of economic power shifts away from the North-Atlantic world. We propose a new form of collaboration, a continental partnership. The UK will want to have some control over labour mobility, as well as leaving behind the...
Chapter News

Public opinion and EU policies: Exploring the expectations gap

The Eurobarometer survey of the European Parliament 'Europeans in 2016: Perceptions and expectations, fight against terrorism and radicalisation' aimed to identify, across a range of different policy fields, the level of awareness of citizens of EU action in that field, and to assess how content they were with EU involvement in each field. This compendium brings together a set of short briefings by the European Parliamentary Research Service (EPRS) following up the survey. Taking each of those policy fields in...
Chapter News

USCIS Proposes Rule to Welcome International Entrepreneurs

U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule, which would allow certain international entrepreneurs to be considered for parole (temporary permission to be in the United States) so that they may start or scale their businesses here in the United States. Read the advance version of the notice of proposed rulemaking: International Entrepreneur Rule. Once the notice of proposed rulemaking is published in the Federal Register, the public will have 45 days from the date of publication...
Chapter News, New York Related News

NYC is pleased to present new International Business Website

The Office of the Mayor of New York launched the new International Business website to help international businesses come to NYC and succeed once they’re here.   This new site – www.nyc.gov/internationalbusiness – is intended to be a one-stop-shop for international businesses, providing information about NYC programs, economic data by industry, guidance on setting up a new office, and more.  International businesses have specific needs and challenges, and now they have a centralized hub to find tailored information and support from New...
Chapter News

The IMF’s role in the euro-area crisis: financial sector aspects

Financial sector aspects have pervaded the euro-area crisis, which can be seen as much as a financial sector crisis as a sovereign debt crisis, even though the latter narrative has dominated media coverage and political perceptions. The fragility of sovereigns in the euro area was to a great extent (though not in Greece) the result of large implicit and explicit state guarantees to national banking sectors. The International Monetary Fund made a significant contribution to addressing the euro area’s financial...

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