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Transatlantic News
Transatlantic News
20
Oct
In the October 2015 bank lending survey (BLS), euro area banks reported a net easing of credit standards on loans to enterprises in the third quarter of 2015 (a net percentage of -4% of banks reported that credit standards had become tighter, after -3% in the previous quarter), which was stronger than banks’ expectations in the previous survey round. Competitive pressures were the main factor behind the easing of credit standards on loans to enterprises.
Banks reported a net tightening...
19
Oct
IMF European Department Press Briefing | Washington D.C., October 9, 2015
MR. ADRIANO: Good morning. Thank you all for coming to this Press Briefing of the IMF’s European Department. With us today, is Poul Thomsen, Director; Jörg Decressin, and Philip Gerson Deputy Directors, European Department. Mr. Thomsen will have some opening remarks and then we'll ready for your questions. Poul?
MR. THOMSEN: Yes. Good morning and thank you for joining us this morning. Let me start by giving you a few...
19
Oct
For the first time, an unprecedented alliance of Heads of State, city and state leaders, with the support of heads of leading companies, have joined forces to urge countries and companies around the globe to put a price on carbon.
The call to price carbon comes from the Carbon Pricing Panel – a group convened by World Bank Group President Jim Yong Kim and International Monetary Fund (IMF) Managing Director Christine Lagarde - to spur further, faster action ahead of...
19
Oct
Governor Andrew M. Cuomo today announced $7 million in funding is available for airport improvement projects across New York State. These grants, coming from the Governor’s Aviation Capital Grants Program, will go toward supporting airport infrastructure and economic development projects across the state.
“For many, our airports are the gateways to New York and a significant part of economic growth and job creation,” Governor Cuomo said. “This funding will help ensure that our airports remain more accessible and convenient for...
16
Oct
The European American Chamber of Commerce had the distinct honor to ring the October 16, 2015 Closing Bell at the New York Stock Exchange NYSE | A new Milestone for the organisation and its members.
15
Oct
The European Commission welcomes yesterday's signature of the Jobs and Growth Plan for Greece by the European Parliament and by the Council. The exceptional measures presented by the Commission for Greece can thus enter into force tomorrow.
Greece is set to receive over €35 billion already earmarked from the EU budget over 2014-2020, with €20.6 billion from the European Structural and Investment Funds. €800 million will be paid next week. Overall, almost €1.4 billion will be released in 2015 and €1 billion in 2016;...
15
Oct
Speech by Yves Mersch, Member of the Executive Board of the ECB, Singapore, 14 October 2015
Ladies and gentlemen, members of the panel,
The beauty of innovation is that it never ends. Even the best ideas can be enhanced and complemented. The Eurosystem, the euro area’s network of central banks, has developed two major innovations in the field of financial market infrastructure over the past 15 years: TARGET (now TARGET2) and TARGET2-Securities, or T2S.
Both platforms have significantly improved the way payments...
14
Oct
Work Programme 2016-2017 - Spanning seven years (2014 to 2020) and working with a budget of €77 billion, Horizon 2020 is the biggest EU research and innovation funding programme ever. Today, the European Commission adopted the second of its two-year work programmes setting out funding opportunities for 2016-2017.
This Work Programme offers a budget of almost €16 billion. It is based on extensive consultation and stakeholder involvement. All the calls and related information are published on a single portal.
Horizon 2020...
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