Transatlantic News

Transatlantic News

Chapter News

European Commission launches EU-U.S. Privacy Shield: stronger protection for transatlantic data flows

Today the European Commission adopted the EU-U.S. Privacy Shield. This new framework protects the fundamental rights of anyone in the EU whose personal data is transferred to the United States as well as bringing legal clarity for businesses relying on transatlantic data transfers. Andrus Ansip, Commission Vice-President for the Digital Single Market, said: "We have approved the new EU-U.S. Privacy Shield today. It will protect the personal data of our people and provide clarity for businesses. We have worked hard with...
Chapter News

Fiscal capacity for the euro zone

Members of Parliament’s Budgets and Economic and Monetary Affairs committees are set to debate the need for a euro area budget with finance ministers Jeroen Dijsselbloem (Netherlands, also Euro Group President), Michel Sapin (France), Pier Carlo Padoan (Italy), Pierre Gramegna (Luxembourg), Peter Kažimír (Slovakia), Edward Scicluna (Malta) and Euclid Tsakalotos (Greece) on Monday evening from 19:00 to 21:30. Parliament is working on a report putting forward proposals to build “a fiscal capacity for the euro zone”, drafted by Reimer Böge...
Chapter News

Commission launches two new financial instruments to boost investments in start-ups and sustainable urban development

Today the European Commission adopted two new "off-the-shelf", i.e. "ready-to-use" financial instruments for ESI Funds investments, to ease access to funding for young businesses and urban development project promoters. In the 2014-2020 period, the Commission is encouraging Member States to double their European Structural and Investment (ESI) Fundsinvestments used through financial instruments, such as loans, equity and guarantees, in line with the objectives of the Investment Plan. Regional Policy Commissioner Corina Crețu said: "Financial instruments are an efficient way to invest in...
Chapter News

E-zine: Summing up the Presidency

As holder of the EU-presidency the Netherlands sought to bring member states together on key issues such as migration, the internal market and safety. This e-zine, the last in a series of three digital English-language publications, highlights some of the outcomes and results that were achieved during the Netherlands EU-presidency in the first half of 2016. Taken together, the articles, graphics and videos provide an incomplete but representative overview across the various policy areas. Compliments of the Netherlands EU Presidency 2016
Chapter News

Press point remarks by President Jean-Claude Juncker at the joint press point with Donald Tusk, President of the European Council and Barack Obama, President of the United States at the EU-US Leaders’ Summit

Good morning, I would like to express my sympathy to the President of the United States and to the people of this great nation for the tragic events which happened yesterday night in Dallas, Texas. These events like others are proving and showing that we are living in a world which is developing increasingly to more complexity and to more uncertainty. The threats to our security take many forms and they are not located in any one place. Therefore, our first duty is...
Chapter News

Growing Greens in the Spare Room as ‘Vertical Farm’ Start-Ups Flourish

Dan Albert’s farm is far from traditional. There are no picturesque, rolling fields, no tractors tilling soil; there is no white farmhouse or red barn. For that matter, there is no soil, or sunlight. The farm, Farmbox Greens, is inside a two-car garage behind Mr. Albert’s Seattle home. It consists of 600 square feet of microgreens grown in vertically stacked trays beneath LED lights. The ability to grow in such a small space is the result of hydroponics, a system in...
Chapter News

EU support for development of commercial wave energy technology in Europe

InnovFin: First EIB financing under the InnovFin Energy Demonstration Project programme to support the development of commercial “WaveRoller” wave energy technology In its commitment to support innovative technologies, the European Investment Bank (EIB) will invest up to EUR 10 million in AW-Energy, a pioneering start-up company from Finland which developed “WaveRoller” wave energy technology. The investment will support and speed up the commercial roll-out of European wave energy technology. This is the first project to be supported by the InnovFin...

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