Transatlantic News

Transatlantic News

Chapter News

EIB increases presence in Slovakia and co-finances priority transport sector projects

The European Investment Bank (EIB) Group has today inaugurated its representative office in Bratislava to enhance its presence in Slovakia. The EU bank has also signed a loan of EUR 350 million to Slovakia to co-finance priority projects eligible for support from EU funds within the period 2014-2020. The financing – the first tranche of an approved loan of EUR 669.6 million – will support strategic transport infrastructure investment identified in the national Transport Master Plan of the Slovak Republic. EIB...
Chapter News

Commission issues guidance on transatlantic data transfers and urges the swift establishment of a new framework

The European Court of Justice's ruling of 6 October on the Schrems case confirmed the Commission's approach to review the Safe Harbour arrangement with the US so that it ensures a higher level of data protection. The Commission has stepped up talks with US authorities on a new framework and issued today guidance to help companies comply with the ruling and rely on alternative transfer tools. Vice-President Andrus Ansip, responsible for the Digital Single Market, said: "We need an agreement with our...
Chapter News, Trade & TTIP Related

EU to pursue the most ambitious sustainable development, labour and environment provisions in TTIP

"Trade is not just about our economic interests, but also about values. That's why we are proposing a very ambitious approach to sustainable development in the EU-US trade talks." The European Commission published today its proposal for a chapter on trade and sustainable development, including labour and the environment, in the ongoing EU-US trade talks. The proposed chapter on sustainable development in the Transatlantic Trade and Investment Partnership (TTIP) offers the most ambitious provisions ever put forward on these issues to...
Chapter News

€7.6 Billion Of European Investment To Support Key Transport Projects

The Commission is launching the second call for proposals of the Connecting Europe Facility, with more than €7.6 billion of investment to finance transport projects. €6.5 billion are earmarked for countries with Cohesion Fund eligibility. As team Juncker enters its second year in office, today the European Commission is taking further action to stimulate investment in Europe by launching the second call for proposals of the Connecting Europe Facility (CEF) endowed with more than €7.6 billion to finance key transport projects. €6.5 billion are...
Chapter News

Autumn 2015 Economic Forecast: Moderate recovery despite challenges

Today, Commissioner Pierre Moscovici has presented the 2015 Autumn Economic Forecast of the European Commission. The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more challenging conditions in the global economy. Against a backdrop of declining oil prices and a relatively weak external value of the euro, the economic recovery this year has been resilient and widespread across Member States. It has, however,...
Chapter News, Trade & TTIP Related

The Transatlantic Trade and Investment Partnership (TTIP): The sluggish state of negotiations

This analysis from the European Parliament looks at the current state of negotiations in relation to the political objectives of the EU mandate and those expressed by the European Parliament in its recent resolution on TTIP, as well as the US Congress's objectives as specified in the Trade Promotion Authority (TPA) Act.  It also examines progress on each chapter of TTIP and what issues still need to be overcome. The analysis concludes that negotiations need to be sped up significantly...
Chapter News, New York Related News

Mayor de Blasio and Speaker Mark-Viverito Unveil Action Plan to Grow 21st Century Industrial and Manufacturing Jobs in NYC

Investments to spur more than 20,000 new jobs and support a sector that employs more than a half-million New Yorkers Protections for core industrial areas, new Advanced Manufacturing Center, loan fund for start-ups and growing firms, new training to prepare New Yorkers for careers in manufacturing NEW YORK—Mayor Bill de Blasio and City Council Speaker Melissa Mark-Viverito today unveiled a 10-point action plan to modernize the City’s industrial policy backed by more than $115 million in newly announced City funding. The...
Chapter News

The EU at the G20 summit in Antalya: Presidents Juncker and Tusk set out the EU’s agenda

European Commission President Jean-Claude Juncker and European Council President Donald Tusk, who are representing the European Union at the G20 summit in Antalya (Turkey) from 15 to 16 November 2015, have set out the EU's agenda in a joint letter sent to EU Heads of State or Government. Commissioner Pierre Moscovici, responsible for Economic and Financial Affairs, Taxation and Customs will accompany the two Presidents to the G20. High Representative for Foreign Affairs and Security Policy/Vice-President Federica Mogherini will also be present in...

Other Chapter News