Transatlantic News

Transatlantic News

Chapter News

Promoting Green and Efficient Energy for Europe’s Regions

Brussels, 26 May 2015 -- Today, the European Commission is launching the European Smart specialisation platform on energy, which will support regions and Member States in using Cohesion Policy funding more effectively for promoting sustainable energy. The Platform will help regions to share their expertise on sustainable energy investments and especially on the deployment of innovative low-carbon technologies. By supporting the optimal use of Cohesion Policy funds for sustainable energy projects, the Platform will directly contribute to the European Energy...
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Tougher rules on money laundering to fight tax evasion and terrorist financing

The ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a "legitimate interest", such as investigative journalists, under new rules already agreed with the Council and endorsed by Parliament on Wednesday. The new anti-money laundering directive aims to step up the fight against tax crimes and terrorist financing. New rules to make it easier to trace transfers of funds were also approved. The fourth anti-money...
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Statement by the EU Commission following the EIB’s decision of the next projects to be pre-financed as part of the Investment Plan for Europe

Brussels, 19 May 2015 Today the European Investment Bank (EIB) announced that it has approved financing for four investment projects as part of the Investment Plan for Europe, in which it is the Commission's strategic partner. These projects are in energy efficiency investment to reduce heating bills of private homes in France; new renewable energy and related transmission links in links in northern and western Europe; reduction of industrial energy use in Finland; and improvement to gas transmission in Spain. Today's decision follows the EIB's...
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Better Regulation Agenda: Enhancing transparency and scrutiny for better EU law-making

Today, 19 May, The European Commission adopts its Better Regulation Agenda. This comprehensive package of reforms covering the entire policy cycle will boost openness and transparency in the EU decision-making process, improve the quality of new laws through better impact assessments of draft legislation and amendments, and promote constant and consistent review of existing EU laws, so that EU policies achieve their objectives in the most effective and efficient way. First Vice-President Frans Timmermans said: "This Commission is determined to change both what...
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Yves Mersch, Member of the Executive Board of the ECB speech at Swedbank Economic Seminar

Stockholm, 18 May 2015 Ladies and gentlemen, There is an old saying that “with money, Latin and a good horse, you can get through all Europe”. These days a good command of Latin does not help you much outside of the Vatican City. Most of us prefer to travel by plane or train. But at least in the 19 countries of the euro area, the money a citizen holds in his or her pocket crosses all national borders. This only remains the...
Chapter News

Energy and Climate Change Update from the U.S. White House

In this latest Climate Change and Energy update, the Administration announces the Solar Ready Vets Program and the POWER Initiative, releases a partnership with farmers and ranchers to address climate change, and issues an Executive Order to cut federal government emissions 40 percent by 2030. Keep reading to find out more! Solar Ready Vets Program On April 3, at an event at Hill Air Force Base in Ogden, Utah, President Obama announced a suite of commitments to help drive growth in...
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EU Economy: Country-specific recommendations 2015: Further efforts needed to support a robust recovery

Brussels, 13 May 2015 – Further policy is needed to return to self-sustaining growth. The European Commission today adopted country-specific economic policy recommendations for 2015 and 2016 asking for national actions to create jobs and stimulate growth. These recommendations reflect the Commission’s economic and social agenda. Since President Juncker’s Commission took office in November 2014 and published its Annual Growth Survey 2015, this agenda has focused on three mutually reinforcing pillars: boosting investment, implementing structural reforms and pursuing fiscal responsibility. The successful...
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Unleash innovation to spur growth in Europe

Improving Europe's capacity to innovate and be globally competitive requires further efforts to encourage disruptive ideas and foster their commercial up-take. These are some of the conclusions to be drawn from the latest ranking of innovation performance across Europe. The European Commission's Innovation Union Scoreboard 2015 reveals that the EU’s overall level of innovation has remained stable. However, the crisis has left an impact on the private sector's innovative activity: the number of innovative firms is in decline, as are...

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