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Transatlantic News
Transatlantic News
31
May
Speaking at the European Parliament's Workshop on Transatlantic Economic Relations, European Commissioner for Trade Karel De Gucht called for the EU and the US to seek "a new, comprehensive transatlantic agreement that covers all relevant economic issues."
Broad trade liberalization across the Atlantic would help economic recovery, said Commissioner De Gucht, and effective regulatory cooperation would further reduce costs because companies would not have to comply with different requirements that have the same objectives."Our remit is to look at all...
29
May
Writing under the headline "EU and US - Strategic Partners in Peace and Security" in an op-ed in The Hill, João Vale de Almeida, Head of the European Union Delegation to the U.S., notes that "thousands of EU personnel are currently staffing 13 active peace-keeping missions around the world in fragile states."
Ambassador Vale de Almeida writes that EU missions help train police in Afghanistan, establish the rule of law in Iraq, and contribute to Kosovo's efforts to develop an...
23
May
EUROstat just released a report on Taxation trends in the European Union, the report contains a detailed statistical and economic analysis of the tax systems of the Member States of the European Union, plus Iceland and Norway, which are Members of the European Economic Area.
The data are presented within a unified statistical framework (the ESA95 harmonised system of national and regional accounts), which makes it possible to assess the heterogeneous national tax systems on a fully comparable basis. The...
23
May
Brussels, 22 May 2012
I welcome the agreement today in the "trilogue" with the Parliament and Council on our proposal for the pilot phase of Project Bonds, which paves the way for the vote on 31 May. This is an important initiative that can contribute to strengthen our economy. Promoting public and private investment is indeed a cornerstone of our growth initiative.
The Project Bond Initiative by the EU and the EIB will support the financing of commercially viable infrastructure projects...
23
May
I have just met with the interim Prime Minister of Greece, Mr Panagiotis Pikrammenos. His government has a clearly defined yet vital role to play in the coming weeks.
I reiterated the Commission's strong desire that Greece should remain a member of the euro area and that we will continue to do everything in our power for this to happen.
The euro area has shown unprecedented solidarity to Greece and its people. It has made a commitment to maintain financial support...
23
May
Plenary Session Taxation − 23-05-2012 - 12:38
The proposed financial transaction tax should be better designed to capture more traders and make evasion unprofitable, said the European Parliament in its opinion adopted on Wednesday. The opinion also says the tax should go ahead even if only some Member States opt for it.
The tax rates proposed by the Commission (0.1% for shares and bonds and 0.01% for derivatives) are considered suitable and pension funds should be the only sector...
18
May
Mayor Bloomberg and Governor Cuomo announce Brooklyn Navy Yard to make $46 million Investment to build a green manufacturing center creating nearly 300 new jobs
New York City Regional Economic Development Council Priority Project Identifies Two High-Tech Anchor Tenants for New 222,000-Square-Foot Facility: Crye Precision, Body-Armor and Apparel Manufacturer for the U.S. Military; and New Lab, a Co-Design and Manufacturing Space
Mayor Michael R. Bloomberg, Governor Andrew M. Cuomo, Brooklyn Borough President Marty Markowitz and State and City elected officials today...
17
May
"The economic crisis has a global nature, its impact has been global and the remedies must also have a global dimension," said European Commission President José Manuel Barroso in New York today.
In his address to the UN General Assembly, he pointed out that "there is a tendency to view the ongoing crisis in the eurozone as distinct from the financial crisis that struck the United States in 2007. But in fact, their causes are the same."
President Barroso highlighted Europe's...
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