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Transatlantic News
Transatlantic News
05
Nov
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,...
05
Nov
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...
04
Nov
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...
04
Nov
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...
03
Nov
The European Investment Bank (EIB) signed today EUR 285 million of loans to support various energy projects in Greece, improving the electricity transmission and interconnection network across the country, while at the same time bolstering environmental-friendly energy security and efficiency.
In the presence of EIB President Werner Hoyer, four finance agreements were signed today in Athens in a public ceremony by the EIB Vice-President responsible for Greece,Jonathan Taylor, Chairman and Chief Executive Officer of the Public Power Corporation S.A. Emmanuel Panagiotakis, Chief Executive Officer of the GreekIndependent Power Transmission...
03
Nov
Last month, representatives of the United States and the European Commission met in Miami, Florida for the 11th round of negotiations for the Transatlantic Trade and Investment Partnership (TTIP) free trade agreement between the U.S. and the European Union.
Discussions at the 11th round centered on the exchange of revised market access offers, which would mutually eliminate 97% of all tariffs on both sides, with duties going to zero for most lines immediately upon the entry into force of the agreement....
02
Nov
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ESRB workshop on CCP interoperability arrangements,
2 November 2015
Ladies and gentlemen,
I would like to thank the European Systemic Risk Board for inviting me to speak on such an important topic. Central counterparty (CCP) interoperability is a relatively new development in the European clearing landscape – the first interoperability arrangements between two European CCPs were only established in the early 2000s, covering transactions on government bonds and...
02
Nov
The European Investment Bank (EIB) signed today a EUR 100 million loan for supporting key infrastructure investments in Cyprus, as well as an additional EUR 15 million loan for supporting local SMEs and MidCaps, helping to boost economic recovery and create new jobs.
“The EIB remains firmly committed to supporting the Cypriot economy and we have clearly shown this by our actions during the crisis and again today,” said EIB President Werner Hoyer. “The EU Bank has been a reliable...