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Transatlantic News
Transatlantic News
15
Jul
Collectively, the European Union has consistently been the world’s largest donor of Official Development Assistance in recent years—€ 58 billion in 2014 alone—a reflection of the EU’s determination to help alleviate poverty globally and promote sustainable development.
In this European Year for Development, the EU is leading the charge to reach an agreement that will mobilize all possible means to finance the post-2015 development agenda.
Neven Mimica, EU Commissioner for International Cooperation and Development, is in Addis Ababa, Ethiopia this week...
15
Jul
Two days after an agreement paving the way for a new support programme for Greece, the European Commission revealed plans today to help Greece maximise its use of EU funds. As mandated by the Euro Summit on 12/13 July, this will help mobilise more than €35 billion up to 2020 to support the Greek economy, provided that the conditions agreed upon by the Euro Summit will be met.
The Jobs and Growth Plan for Greece is meant to flank the...
14
Jul
The EU has a rich history of local and specialized agricultural production. Many famous European products are closely linked to their place of origin: Parma Ham, Roquefort cheese, or Champagne, to name just a few. As a result, Geographical Indications (GIs)—forms of identification that certify that a product has originated in a region or locality in a particular country—are a very important part of EU policy.
The reputation for quality or authenticity of a GI product is intimately linked to...
13
Jul
Brussels | 13/07/2015 | 09:30
Good morning. Today, we had only one objective: to reach an agreement. After 17 hours of negotiations, we have finally reached it. One can say that we have 'agreekment'. Leaders have agreed in principle that they are ready to start negotiations on an ESM programme, which in other words means continued support for Greece.
There are strict conditions to be met. The approval of several national parliaments, including the Greek parliament, is now needed for negotiations...
12
Jul
The EU Commission adopted its Annual Report on how it monitors the application of Union law in 2014. The internal market remains Europe's best asset for citizens and businesses who benefit from the timely and correct implementation and enforcement of Union law.
The 32nd 'Annual Report on Monitoring the Application of EU Law' reviews the Member States’ performance on key aspects of the application of Union law and highlights the main enforcement policy developments of 2014.
The Commission launches infringement procedures...
12
Jul
The current account of the euro area showed a surplus of €238.2 billion (2.3% of euro area GDP) in the four quarters to the first quarter of 2015.
At the end of the first quarter of 2015 the international investment position of the euro area recorded net liabilities of €1.3 trillion (approximately 13% of euro area GDP).
Current account
The current account of the euro area showed a surplus of €54.5 billion in the first quarter of 2015, compared with €23.0 billion...
10
Jul
Today’s vote in Parliament establishes a strong and forward-looking political platform as we continue our TTIP negotiations. That’s my urgent task in the months ahead, and it’s clear from today’s vote that only an ambitious, comprehensive and balanced agreement which demonstrably delivers jobs and growth in Europe will obtain democratic backing. That is what I am seeking with our US partners.
What today’s vote also signals is that the old system of investor-state dispute settlement should not and cannot be...
10
Jul
An EU-US trade deal must open up US market access for EU firms, but must not undermine EU standards, say MEPs in recommendations, voted Wednesday, to EU trade negotiators. To settle trade-related investor-state disputes, a new justice system, run by publicly-appointed judges and subject to scrutiny and transparency rules, should replace private arbitration under the Investor-State Dispute Settlement (ISDS) system, they add.
Parliament approved its recommendations to European Commission Transatlantic Trade and Investment Partnership (TTIP) negotiators by 436 votes...
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