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Transatlantic News
Transatlantic News
09
Dec
City Investment of $3.5 Million Will Support Local Apparel Manufacturing, Emerging Fashion Designers and the Creation of Quality Jobs
Deputy Mayor for Housing and Economic Development Alicia Glen, New York City Economic Development Corporation (NYCEDC) President Kyle Kimball, Manufacture New York CEO Bob Bland and Salmar Properties Co-Founder Marvin Schein today announced the creation of the Manufacturing Innovation Hub for Apparel, Textiles + Wearable Tech, an innovative fashion manufacturing and design hub in Sunset Park, Brooklyn. Located at the privately-operated...
09
Dec
Meeting on 9 December in Brussels, EU finance ministers gave their broad support to the Commission's recently announced €315 billion investment plan. They also approved two measures for combating tax fraud and tax avoidance, and agreed on the calculation of the contributions to the single resolution fund.
Investment plan for Europe
The Council heard a presentation by the Commission and the European Investment Bank (EIB) on the work of a task force, established in the autumn to identify possible investment projects.
The Commission's €315...
09
Dec
At the Justice and Home Affairs Council, on 4 and 5 December 2014, ministers reached a partial general approach on the proposed data protection regulation.
The partial general approach covers articles crucial to the question of the public sector. It also comprises provisions relating to specific data processing situations (Chapter IX).
In addition, ministers held a debate on the "one stop shop" mechanism, on the basis of a proposal presented by the Presidency. This proposal tried to keep the principle of...
04
Dec
The “fresh start” to the EU-US Transatlantic Trade and Investment Partnership (TTIP) talks includes more transparency, to show EU citizens “what’s in there for them”, stepping up civil society involvement in the talks, and “ambitious and realistic” goals for EU access to the US goods, services and public procurement markets, EU trade Commissioner Cecilia Malmström told the International Trade Committee on Wednesday.
Ms Malmströmreassured MEPs that the Commission had already started publishing previously restricted TTIP talks documents, as promised...
02
Dec
Commissioner Pierre Moscovici was asked to account for the European Commission’s decision to give France, Italy and Belgium more time to hit Eurozone budgetary targets by Economic and Monetary Affairs Committee MEPs on Tuesday. MEPs urged that budget plan deadlines should be met and that criteria for applying rules more flexibly to some EU member states than others should be clear and detailed.
Markus Ferber (EPP, DE), Bernd Lucke (ECR, DE) and Sylvie Goulard (ALDE, FR) focused their questions on...
02
Dec
Cyber threats are quickly overtaking the more conventional threats to a nation’s sovereignty and ultimately, they impact global security. To counter cyber threats and fend off cyber attacks in the post-Snowden era, European governments have bolstered defensive and offensive cyber capabilities.
But, in an open society, this strategy can pose a danger to fundamental rights that are dear to the EU—including freedom of expression and the right to privacy. In an EU-funded report released November 24, the authors pose...
02
Dec
Donald Tusk, the former Prime Minister of Poland, today replaced Herman Van Rompuy as the President of the European Council.
"I come here with a strong sense of purpose," said President Tusk at a handover ceremony with his predecessor. "In these difficult times, Europe needs success." He highlighted that success for Europe means: commitment to protect the European Union fundamental values of freedom and solidarity, and preserve the unity of the EU against internal and external threats; strong determination to...
01
Dec
The 2015 Annual Growth Survey (AGS) published by the European Commission today focuses on putting Europe firmly back on a path of sustainable job creation and economic growth. The arrival of the new Commission, with an ambitious agenda for Jobs, Growth, Fairness and Democratic Change, is the right moment to generate a new momentum.
By proposing an ambitious Investment Plan to mobilise at least € 315 billion of additional public and private investment over the next three years, Europe is...
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