This is a selection of news about EU-US relations, especially chosen by the EACC from the websites of the EU Commission, Eurojust, the EU Delegation in Washington, IMF, OECD, Worldbank, etc. On a daily base, we check and select articles that could be relevant for our members. Therefore this section is regularly updated
- ECB | Stop carbon leakage at the border June 1, 2023 Can EU companies be both green and globally competitive? Tradeable allowances for carbon emissions set important price incentives for companies… Read more
- Financial stability outlook remains fragile, ECB review finds May 31, 2023 Tighter financial conditions test resilience of households, firms, governments and property markets Financial markets are vulnerable to disorderly adjustments, given… Read more
- ECB Interview | ECB, at 25, looking into a digital euro May 24, 2023 Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Karl de Meyer| 24 May 2023… Read more
- ECB blog post by Christine Lagarde | 25 years of euro unity May 24, 2023 The euro is more than a currency, says President Christine Lagarde. It is the strongest form of European integration and… Read more
- IMF | How Natural Gas Market Integration Can Help Increase Energy Security May 23, 2023 Closer ties allowed Europe to find new natural gas sources after Russia’s supply cutoff, and growing global export capacity can… Read more
- HR/VP Josep Borrell | How to deal with China May 23, 2023 How to handle China is a major political issue for the EU, one that is more complex than dealing with… Read more
- U.S. and EU Sanctions Teams Enhance Bilateral Partnership May 22, 2023 The United States and European Union are committed to working more closely on sanctions as a key tool to address… Read more
- EU Customs Reform May 22, 2023 On 17 May 2023, the Commission put forward proposals for the most ambitious and comprehensive reform of the EU Customs… Read more
- Cooperation between national taxation authorities: EU Council puts the spotlight on crypto-assets and the wealthiest individuals May 22, 2023 The Council has reached agreement on its position (general approach) regarding amendments to the directive on administrative cooperation in the… Read more
- Body language? FTC issues policy statement about misuse of biometric data May 19, 2023 As Emelia asked in Act V of Comedy of Errors, do “mine eyes deceive me?” Sorry to get all Shakespearean,… Read more
- Spring 2023 EU Economic Forecast: An improved outlook amid persistent challenges May 16, 2023 The European economy continues to show resilience in a challenging global context. Lower energy prices, abating supply constraints and a… Read more
- ECB | The impact of Brexit on UK trade and labour markets May 15, 2023 1 Introduction It has been almost two and a half years since the United Kingdom signed its post-Brexit trade deal… Read more
- EU Parliament | AI Act: a step closer to the first rules on Artificial Intelligence May 12, 2023 Once approved, they will be the world’s first rules on Artificial Intelligence MEPs include bans on biometric surveillance, emotion recognition,… Read more
- IMF | Europe, And the World, Should Use Green Subsidies Cooperatively May 11, 2023 A coordinated approach, including toward subsidies, is needed to tackle climate change successfully Governments across the world are using subsidies… Read more
- ECB | Interview with Christine Lagarde, President of the ECB, conducted by Shogo Akagawa on 8 May 2023 May 10, 2023 You repeatedly mentioned at the last press conference that the inflation outlook continues to be “too high for too long”.… Read more
- ECB | Diversity at the top makes banks better May 9, 2023 Diversity is a matter of sound governance for banks and leads to better decision-making. That is why Frank Elderson, Member… Read more
- EU joint procurement of ammunition and missiles for Ukraine: Council agrees €1 billion support under the European Peace Facility May 9, 2023 The EU Council today adopted an assistance measure worth €1 billion under the European Peace Facility (EPF) that will further… Read more
- ECB Speech | Closing gaps to bend the trend: embedding the flow of finance in the transition May 8, 2023 Speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the… Read more
- EDPS | International Agreements to fight crime require strong data protection safeguards May 5, 2023 The EDPS has issued five Opinions on the European Commission’s Recommendations to open negotiations for International Agreements on the exchange… Read more
- European Central Bank (ECB) raises interest rates May 4, 2023 4 May 2023 | The inflation outlook continues to be too high for too long. In light of the ongoing… Read more
- EDA–U.S. Department of Defense Administrative Arrangement Signed May 3, 2023 Brussels, 26 April 2023 | Today, the European Defence Agency (EDA) and the Department of Defense of the United States… Read more
- Digital Services Act: EU Commission designates first set of Very Large Online Platforms and Search Engines May 2, 2023 Today, the Commission adopted the first designation decisions under the Digital Services Act (DSA), designating 17 Very Large Online Platforms… Read more
- FSB Statement to encourage final preparations for the USD LIBOR transition May 2, 2023 The finish line for US dollar (USD) LIBOR transition at end-June 2023 is now less than three months away. There… Read more
- EU Parliament | Ending fast fashion: tougher rules to fight excessive production and consumption May 1, 2023 Textile products must last longer and be easier to reuse, repair and recycle The destruction of unsold or returned textiles… Read more
- IMF | Europe’s Knife-Edge Path Toward Beating Inflation Without a Recession April 28, 2023 Success will require tighter macroeconomic policies tailored to changing financial conditions, strong financial supervision and regulation, and bold supply-side reforms… Read more
- Oliver Röpke, the new president of the EESC, sets democracy, fundamental rights and the rule of law as guiding principles of his mandate April 27, 2023 The president vows to make the European Economic and Social Committee a true civil society gateway and open its doors… Read more
- ECB | What to do about Europe’s climate insurance gap April 26, 2023 The EU has a problem with climate catastrophe insurance: only a quarter of the losses from climate-related disasters are covered.… Read more
- ‘Fit for 55’: Council adopts key pieces of legislation delivering on 2030 climate targets April 25, 2023 The Council today adopted five laws that will enable the EU to cut greenhouse gas emissions within the main sectors… Read more
- Statement by President von der Leyen at the Major Economies Forum on Energy and Climate April 24, 2023 President Biden, Special Envoy Kerry, Thank you for convening us today and for your continued leadership on climate action. We… Read more
- FTC | Franchise Fundamentals: Debunking five myths about buying a franchise April 24, 2023 For many people, buying a franchise has proven to be a good choice, but like any other financial decision, there… Read more
- OECD | Supply of critical raw materials risks jeopardising the green transition April 21, 2023 A significant scaling up of both production and international trade of critical raw materials is needed to meet projected demand… Read more
- Cyber: towards stronger EU capabilities for effective operational cooperation, solidarity and resilience April 20, 2023 The Commission propose regulation to tackle cyber threats and incidents. On the 18 April 2023, the Commission has adopted a… Read more
- EU Commission calls for massive boost in enabling digital education and providing digital skills April 19, 2023 Today, the Commission adopted two proposals for a Council Recommendation in the context of the European Year of Skills, with… Read more
- Banking Union: Commission proposes reform of bank crisis management and deposit insurance framework April 19, 2023 The European Commission has today adopted a proposal to adjust and further strengthen the EU’s existing bank crisis management and… Read more
- FSB | Recommendations to Achieve Greater Convergence in Cyber Incident Reporting: Final Report April 18, 2023 The interconnectedness of the global financial system makes it possible that a cyber incident at one financial institution (or an… Read more
- DSA enforcement: EU Commission launches European Centre for Algorithmic Transparency April 17, 2023 Tomorrow, the European Centre for Algorithmic Transparency (ECAT) will be officially inaugurated by the Commission’s Joint Research Centre in Seville,… Read more
- ECB | Christine Lagarde: IMFC Statement April 14, 2023 Statement by Christine Lagarde, President of the ECB, at the forty-seventh meeting of the International Monetary and Financial Committee |… Read more
- U.S. FED | Speech by Governor Cook on the U.S. economic outlook and monetary policy April 13, 2023 Governor Lisa D. Cook at the 2023 Midwest Economics Association 87th Annual Meeting, Cleveland, Ohio | March 31, 2023 |… Read more
- ECB | A year of international trade diversion shaped by war, sanctions, and boycotts April 12, 2023 Sanctions and voluntary boycotts have forced Russia to change its international trade since its invasion of Ukraine. The country has… Read more
- Joint Statement by the EU and the US following the 10th EU-US Energy Council April 11, 2023 The tenth European Union (EU) – United States Energy Council (“Council”) met today in Brussels, chaired by EU High Representative/Vice… Read more
- EU Commission | Carbon Border Adjustment Mechanism April 11, 2023 Climate change is a global problem that needs global solutions. As the EU raises its own climate ambition, and as… Read more
- Remarks by President von der Leyen at the press conference at the end of her visit to China April 10, 2023 I want to debrief you on a comprehensive day of high-level discussions we had today here in Beijing. I met… Read more
- IMF | Geopolitics and Fragmentation Emerge as Serious Financial Stability Threats April 6, 2023 Rising tensions could trigger cross-border capital outflows and increased uncertainty that would threaten macro-financial stability Concerns about global economic and… Read more
- EACC-Carolinas | Letter from their Chairman, Howard Daniel on Welcoming their New Executive Director April 4, 2023 A message from Howard Daniel, Chairman of EACC-Carolinas | 3 April, 2023 | It is with mixed emotions that we… Read more
- ECB Interview | Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned April 3, 2023 Interview with Fabio Panetta, Member of the Executive Board of the ECB, published as an article by Eshe Nelson entitled… Read more
- EU Council and Parliament reach provisional deal on renewable energy directive March 31, 2023 The Council and the Parliament negotiators today reached a provisional political agreement to raise the share of renewable energy in… Read more
- EU Commission proposes more transparency and less red tape for companies to improve business environment in the EU March 30, 2023 Today, the European Commission adopted a proposal for a Directive making it easier for companies to expand the use of… Read more
- ECB interview | Price vs financial stability: no trade-off March 30, 2023 Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted on 22 March by Kolja Rudzio… Read more
- ECB | Results of the 2022 climate risk stress test of the Eurosystem balance sheet March 29, 2023 In 2022 the ECB conducted a climate risk stress test of the Eurosystem balance sheet as part of its action… Read more
- EDPS | TechDispatch on Central Bank Digital Currency March 29, 2023 Countries around the world are examining whether they should offer central bank money to the public not only as banknotes… Read more
- European Green Deal: ambitious new law agreed to deploy sufficient alternative fuels infrastructure March 28, 2023 The EU Commission welcomes the political agreement reached between the European Parliament and the Council to boost the number of… Read more
- Investment Committee paves way for first InvestEU projects by EBRD to support green mobility and energy March 27, 2023 More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees Under… Read more
- Fit for 55: deal on new EU rules for cleaner maritime fuels March 27, 2023 Big ships to gradually reduce greenhouse gas (GHG) emissions Containerships and passenger ships at major EU ports to use on… Read more
- FTC | Negative reinforcement? FTC proposes amending Negative Option Rule to include click-to-cancel and other protections March 23, 2023 Prenotification plans, continuity programs, automatic renewals, free-to-pay conversions. They’re all variations on the negative option theme. Under the right circumstances,… Read more
- ECB Speech | Everything everywhere all at once: responding to multiple global shocks March 22, 2023 Speech by Fabio Panetta, Member of the Executive Board of the ECB, at a panel on “Global shocks, policy spillovers… Read more
- IMF | How Pandemic Accelerated Digital Transformation in Advanced Economies March 21, 2023 On this note: be sure to check out the EACCNY’s podcast series on the FUTURE OF TECHNOLOGY Digital technologies shielded… Read more
- Antitrust: EU Commission carries out unannounced inspections in the energy drinks sector March 21, 2023 On 20 March 2023, the European Commission has started unannounced inspections at the premises of a company active in the… Read more
- FTC | Chatbots, deepfakes, and voice clones: AI deception for sale March 20, 2023 You may have heard of simulation theory, the notion that nothing is real and we’re all part of a giant… Read more
- Launch of the EU-NATO Task Force: Strengthening our resilience and protection of critical infrastructure March 17, 2023 The challenges to the European Union’s security and resilience are becoming increasingly complex and dynamic. A range of actors constantly… Read more
- Net-Zero Industry Act: Making the EU the home of clean technologies manufacturing and green jobs March 16, 2023 Today, the Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make… Read more
- Critical Raw Materials: ensuring secure and sustainable supply chains for EU’s green and digital future March 16, 2023 Today, the EU Commission proposes a comprehensive set of actions to ensure the EU’s access to a secure, diversified, affordable… Read more
- U.S. FED Speech by Governor Bowman on “The Innovation Imperative: Modernizing Traditional Banking” March 15, 2023 Governor Michelle W. Bowman at the Independent Community Bankers of America ICBA Live 2023 Conference, Honolulu, Hawaii | March 14,… Read more
- OECD | Action on jobs, skills and regional disparities vital for the green transition March 14, 2023 A green skills shortage across the OECD is holding back growth in sustainable development jobs and could jeopardise the race… Read more
- OECD | Statement by the OECD Secretary-General on Ukraine March 14, 2023 One year ago today, Russia launched its unprovoked, unjustifiable and illegal war of aggression against Ukraine. Within hours of the… Read more
- Joint Statement by President Biden and President von der Leyen March 13, 2023 The United States and the European Union share the most comprehensive and dynamic economic relationship in the world. Our partnership… Read more
- EU & US Manage to Overcome Trade Tensions – Joint Statement by President Biden and President von der Leyen March 10, 2023 The United States and the European Union share the most comprehensive and dynamic economic relationship in the world. Our partnership… Read more
- ECB | Channelling Europe’s savings into growth March 9, 2023 Europe must speed up its green and digital transition. For that, we need to complete the Capital Markets Union to… Read more
- ECB Speech | The Quick and the Dead: building up cyber resilience in the financial sector March 8, 2023 Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the Euro Cyber… Read more
- Antitrust: EU Commission confirms unannounced inspections in the fragrance sector March 8, 2023 On 7 March 2023, the European Commission carried out unannounced inspections at the premises of companies and an association active… Read more
- Digital Services Act: Commission sets rules on supervisory fees for very large online platforms and very large online search engines March 7, 2023 Under the Digital Services Act (DSA), the Commission is empowered to impose a fee on providers under its supervision, which… Read more
- Consumer protection: WhatsApp agrees to comply fully with EU rules, informing users better and respecting their choices on contract updates March 6, 2023 Following a dialogue with EU consumer protection authorities and the European Commission (CPC network), WhatsApp committed to being more transparent… Read more
- Next step in FTC’s Green Guides review: A closer look at “recyclable” claims March 3, 2023 The word “recyclable” shows up in a lot of environmental claims for consumer products, but what do people understand the… Read more
- A new way forward on the Protocol on Ireland/Northern Ireland: political agreement in principle on the Windsor Framework March 2, 2023 Today, the European Commission and the Government of the United Kingdom reached a political agreement in principle on the Windsor… Read more
- EU HR/VP Josep Borrell Speech | The world is demanding a just peace for Ukraine March 1, 2023 This week we marked one year of Russia’s aggression against Ukraine. At the UN, an overwhelming majority of 141 members… Read more
- IMF | In Major Economic Shocks, Best Response Combines All-Out, Large-Scale Policies February 28, 2023 Bank lending grew faster in countries with policy packages combining large fiscal, monetary, and prudential measures. Economists will be studying… Read more
- Statement by the Members of the European Council February 28, 2023 One year ago, Putin’s Russia started its brutal war of aggression against Ukraine. The Ukrainian people have shown incredible strength… Read more
- EU agrees 10th package of sanctions against Russia February 27, 2023 The EU Commission welcomes the Council’s adoption of a 10th package of sanctions against Russia and those that support it… Read more
- FTC | Keep your AI claims in check February 27, 2023 A creature is formed of clay. A puppet becomes a boy. A monster rises in a lab. A computer takes… Read more
- IMF | Technology Behind Crypto Can Also Improve Payments, Providing a Public Good February 23, 2023 A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives Crypto assets have… Read more
- Ukraine: Remarks by High Representative/Vice-President Josep Borrell at the joint press conference with Ukrainian Foreign Minister Kuleba and NATO Secretary-General Stoltenberg February 22, 2023 Check against delivery. Let me start by stressing the historical nature of this meeting. The three of us standing here… Read more
- FTC | Looking back – and looking ahead – at the FTC’s commitment to protecting consumers in the digital marketplace February 21, 2023 The announcement of the launch of the FTC’s Office of Technology is an important next-step development in the agency’s commitment… Read more
- IMF | Bringing the US Economy Back into Balance February 20, 2023 The US Federal Reserve has been raising interest rates to restore price stability and to bring balance to the labor… Read more
- ECB Speech | The euro area hiking cycle: an interim assessment February 17, 2023 Dow Lecture by Philip R. Lane, Member of the Executive Board of the ECB, at the National Institute of Economic… Read more
- ECB Speech | Monetary policy after the energy shock February 17, 2023 Speech by Fabio Panetta, Member of the Executive Board of the ECB, at an event organised by the Centre for… Read more
- IMF | The Unfinished Business of International Business Tax Reform February 16, 2023 Most countries in the world agreed on a major tax reform in 2021. Now it’s time to follow through with… Read more
- European Green Deal: Commission proposes 2030 zero-emissions target for new city buses and 90% emissions reductions for new trucks by 2040 February 15, 2023 Today, the European Commission has proposed ambitious new CO2 emissions targets for new heavy-duty vehicles (HDVs) from 2030 onwards. These… Read more
- Winter 2023 Economic Forecast: EU economy set to avoid recession, but headwinds persist February 15, 2023 Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better… Read more
- IMF | A New Political Order Emerges: Sunil Sharma interviews Gary Gerstle February 14, 2023 US historian Gary Gerstle explains how globalization helped entrench neoliberalism while also bringing about its demise Some moments in US… Read more
- Signatories of the Code of Practice on Disinformation deliver their first baseline reports in the Transparency Centre February 14, 2023 Today, the first baseline reports on the implementation of the Code of Practice are available online, as the first version… Read more
- EU Commission sets out rules for renewable hydrogen February 13, 2023 Today, the Commission has proposed detailed rules to define what constitutes renewable hydrogen in the EU, with the adoption of… Read more
- IMF | Support for Climate Action Hinges on Public Understanding of Policy February 10, 2023 Novel survey shows how concerned people are about climate change, how they view mitigation polices, and what drives support for… Read more
- Speech: U.S. FED | The Inflation Rate for Necessities: A Look at Food, Energy and Shelter Inflation February 9, 2023 Speech by Governor Christopher J. Waller at the 2023 Arkansas State University Agribusiness Conference, Jonesboro, Arkansas, February 08, 2023 |… Read more
- IMF | Charting Globalization’s Turn to Slowbalization After Global Financial Crisis February 8, 2023 Trade openness increased after the Second World War, but has slowed following the global financial crisis The free flow of… Read more
- Ukraine: EU and G7 partners agree price cap on Russian petroleum products February 7, 2023 The European Union – together with the international G7+ Price Cap Coalition – have today adopted further price caps for… Read more
- ECB | Cash or cashless? How people pay February 6, 2023 The ECB has asked people in the euro area how they pay and which payment methods they prefer. The ECB… Read more
- IMF | Global Economy to Slow Further Amid Signs of Resilience and China Re-opening February 3, 2023 The fight against inflation is starting to pay off, but central banks must continue their efforts The global economy is… Read more
- The Green Deal Industrial Plan: putting Europe’s net-zero industry in the lead February 2, 2023 Today, the Commission presents a Green Deal Industrial Plan to enhance the competitiveness of Europe’s net-zero industry and support the… Read more
- Press briefing ahead of the EU-Ukraine summit of 3 February 2023 February 1, 2023 The press briefing ahead of the EU-Ukraine summit of 3 February 2023 will take place on Wednesday 1 February 2023… Read more
- Joint Statement by United States Secretary of Homeland Security Mayorkas and European Union Commissioner for Internal Market Breton January 31, 2023 WASHINGTON –United States Secretary of Homeland Security Alejandro N. Mayorkas and European Commissioner for Internal Market Thierry Breton, released the… Read more
- ECB | Euro area economic and financial developments by institutional sector: third quarter of 2022 January 30, 2023 Euro area net saving decreased to €678 billion in four quarters up to third quarter of 2022, compared with €731… Read more
- IMF | The Costs of Misreading Inflation January 27, 2023 The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation… Read more
- U.S. FED | Speech by Governor Waller on the economic outlook: A Case for Cautious Optimism January 26, 2023 Governor Christopher J. Waller at the C. Peter McColough Series on International Economics, Council on Foreign Relations, New York, New… Read more
- IMF | Confronting Fragmentation Where It Matters Most: Trade, Debt, and Climate Action January 25, 2023 Fragmentation could make it even more difficult to help many vulnerable emerging and developing economies that have been hard hit… Read more
- Food security and ecosystem resilience: EU Commission boosts action on pollinators January 24, 2023 Today, the Commission is presenting ‘A New Deal for Pollinators’ to tackle the alarming decline in wild pollinating insects in… Read more
- Trade and Climate: EU and partner countries launch the ‘Coalition of Trade Ministers on Climate’ January 23, 2023 On January 19, the European Commission, EU Member States, and 26 partners countries will launch “The Coalition of Trade Ministers… Read more
- ECB Speech | The digital euro: our money wherever, whenever we need it January 23, 2023 Introductory statement by Fabio Panetta, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary… Read more
- Harnessing Talent in Europe: a new boost for EU Regions January 20, 2023 Europe’s got talent. But talent needs to be nurtured, especially as the EU is going through important demographic transition. This… Read more
- OECD | Revenue impact of international tax reform better than expected January 19, 2023 Revenue gains from the implementation of a historic agreement to reform the international tax system will be higher than previously… Read more
- IMF | Crypto Contagion Underscores Why Global Regulators Must Act Fast to Stem Risk January 18, 2023 Stronger financial regulation and supervision, and developing global standards, can help address many concerns about crypto assets The already volatile… Read more
- Special Address by President von der Leyen at the World Economic Forum January 17, 2023 “Check against delivery” Ladies and Gentlemen, Lieber Klaus, Dear Olena, For almost one year now, Ukraine has stunned the world.… Read more
- BIS | Governors and Heads of Supervision endorse global bank prudential standard for cryptoassets and work programme of Basel Committee January 17, 2023 The Basel Committee’s oversight body endorses a global prudential standard for banks’ exposures to cryptoassets, for implementation by 1 January… Read more
- ECB | Philip R. Lane: Interview with Financial Times January 17, 2023 Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Martin Wolf on 12 January… Read more
- Foreign Subsidies Regulation: rules to ensure fair and open EU markets enter into force January 13, 2023 Today, the Foreign Subsidies Regulation (‘FSR’) enters into force. This new set of rules for addressing distortions caused by foreign… Read more
- ECB | Croatia adopts the euro January 12, 2023 Prepared by Matteo Falagiarda and Christine Gartner Published as part of the ECB Economic Bulletin, Issue 8/2022. On 1 January 2023… Read more
- First cooperation and monitoring cycle to reach EU 2030 Digital Decade targets kicks off January 12, 2023 The Digital Decade policy programme 2030, a monitoring and cooperation mechanism to achieve common targets for Europe’s digital transformation by… Read more
- Data protection: EU Commission starts process to adopt adequacy decision for safe data flows with the US January 11, 2023 On 13 December 2022, the European Commission launched the process towards the adoption of an adequacy decision for the EU-U.S.… Read more
- Data Protection Commission announces conclusion of two inquiries into Meta Ireland January 11, 2023 The Data Protection Commission (DPC) has today announced the conclusion of two inquiries into the data processing operations of Meta… Read more
- IMF | How Economies and Financial Systems Can Better Gauge Climate Risks January 10, 2023 With the right tools, policymakers can help to manage the climate risks impacting economies and financial systems When it comes… Read more
- ECB | Caveat emptor does not apply to crypto January 9, 2023 Blog post by Fabio Panetta, Member of the Executive Board of the ECB | Trading in unbacked digital assets should… Read more
- Data protection: Commission starts process to adopt adequacy decision for safe data flows with the US December 19, 2022 The European Commission launched the process towards the adoption of an adequacy decision for the EU-U.S. Data Privacy Framework, which… Read more
- Digital Rights and Principles: Presidents of the Commission, the European Parliament and the Council sign European Declaration December 16, 2022 Today, the EU’s work on its ‘digital DNA’ – the European Declaration on Digital Rights and Principles – has culminated:… Read more
- Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB December 15, 2022 Good afternoon, the Vice-President and I welcome you to our press conference. The Governing Council today decided to raise the… Read more
- U.S. FED | Speech by Vice Chair for Supervision Barr on why bank capital matters December 14, 2022 “Why Bank Capital Matters” | Vice Chair for Supervision Michael S. Barr at the American Enterprise Institute, Washington, D.C. (virtual)… Read more
- Security Union: EU Commission proposes new rules on Advance Passenger Information to facilitate external border management and increase internal security December 14, 2022 Today, the Commission is proposing new rules to strengthen the use of Advance Passenger Information (API) data. This proposal is… Read more
- Taxation: Embracing the digital transition to help fight VAT fraud and support EU businesses December 13, 2022 The European Commission today proposed a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work… Read more
- IMF | Riding the Global Debt Rollercoaster December 12, 2022 The weaker growth outlook and tighter monetary policy call for prudence in managing debt and conducting fiscal policy Global debt… Read more
- ECB Speech | Crypto dominos: the bursting crypto bubbles and the destiny of digital finance December 9, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Insight Summit held at the… Read more
- OECD | Tourism rebound at risk as global crises take their toll December 8, 2022 A post-pandemic recovery in tourism risks faltering as the global economy loses momentum amid the energy shock triggered by Russia’s… Read more
- OECD | Russia’s war of aggression against Ukraine continues to create serious headwinds for global economy December 8, 2022 The global economy is expected to slow further in the coming year as the massive and historic energy shock triggered… Read more
- IMF | United States Is World’s Top Destination for Foreign Direct Investment December 7, 2022 The move comes amid a decline in offshore financial centers’ share of global FDI The United States recorded the largest… Read more
- U.S.-EU Joint Statement of the Trade and Technology Council December 6, 2022 I. Introduction The U.S.-EU Trade and Technology Council (TTC) met outside Washington, D.C., on December 5, 2022. The meeting was… Read more
- G7 agrees oil price cap: reducing Russia’s revenues, while keeping global energy markets stable December 5, 2022 The international Price Cap Coalition has finalised its work on implementing an oil price cap on Russian seaborne crude oil.… Read more
- ECB Speech | The Impact of the European Climate Law December 2, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- European Green Deal: Putting an end to wasteful packaging, boosting reuse and recycling December 1, 2022 Today, the EU Commission is proposing new EU-wide rules on packaging, to tackle this constantly growing source of waste and… Read more
- ECB | Bitcoin’s last stand November 30, 2022 Amid the widespread fallout in crypto markets following the collapse of a major crypto exchange, The ECB Blog takes a… Read more
- Speech by Executive Vice-President Valdis Dombrovskis at the Trade FAC meeting November 29, 2022 “Check against delivery” Thank you very much and thank you, Minister Sikela, for your excellent chairmanship and for the strong… Read more
- IMF | Bridging Data Gaps Can Help Tackle the Climate Crisis November 28, 2022 A new data gaps initiative will play an important role in addressing climate-related data deficit A famous physicist once said:… Read more
- OECD releases new mutual agreement procedure statistics and country awards on the resolution of international tax disputes November 28, 2022 22/11/2022 – The OECD releases today the latest mutual agreement procedure (MAP) statistics covering 127 jurisdictions and practically all MAP… Read more
- ECB | Inflation Diagnostics November 28, 2022 Blog post by Philip R. Lane, Member of the Executive Board of the ECB | Identifying the medium-term inflation path… Read more
- ECB Speech | Policy normalisation to fight inflation November 23, 2022 Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Luke Heighton on 16 November… Read more
- EU Commission proposes a new EU instrument to limit excessive gas price spikes November 23, 2022 Today, the EU Commission has continued its response to the ongoing energy crisis by proposing a Market Correction Mechanism to… Read more
- EU agrees to COP27 compromise to keep Paris Agreement alive and protect those most vulnerable to climate change November 22, 2022 At the COP27 UN Climate Change Conference which ended on Sunday morning in Sharm el-Sheikh, Egypt, the European Commission showed… Read more
- Making Schengen stronger: Bulgaria, Romania and Croatia are ready to fully participate in the Schengen area November 21, 2022 The Commission calls upon the Council to take the necessary decisions without any further delay to allow Bulgaria, Romania and… Read more
- ECB | From “orderly transition” to “hot house world” – how climate scenarios can facilitate action November 18, 2022 A shared understanding of how climate change affects the economy can be the basis for global action. To help inform… Read more
- New OECD data highlight multinational tax avoidance risks and the need for swift implementation of international reform November 17, 2022 New data released today highlight continuing base erosion and profit shifting (BEPS) risks and the need to implement the two-pillar… Read more
- Speech by EU Commissioner Simson for the Opening of the EU Energy Day at COP27 November 16, 2022 “Check against delivery” Good morning, ladies and gentlemen, and welcome to the EU pavilion here at COP27, to open our… Read more
- Statement by President von der Leyen at the COP27 plenary meeting November 16, 2022 In February, in the same week that Russia invaded Ukraine, the IPCC issued a stark warning to the global community.… Read more
- EU Commission proposes stable and predictable support package for Ukraine for 2023 of up to €18 billion November 16, 2022 Following the European Council meeting of 20-21 October 2022, the Commission has today proposed an unprecedented support package for Ukraine… Read more
- ECB | Can Europe be a green innovation leader? November 15, 2022 Europe is punching below its weight in the climate-technology competition. The continent needs to facilitate risk capital markets and to… Read more
- IMF | Slowing Global Economic Growth is Increasingly Evident, High-Frequency Data Show November 14, 2022 While there are multiple headwinds weighing on growth, further policy tightening is expected amid the need to bring down elevated… Read more
- Food security: the EU Commission addresses the availability and affordability of fertilisers in the EU and globally November 14, 2022 Fertilisers play a significant role for food security. Their production and their cost largely depend on natural gas. Following Russia’s… Read more
- FSB Chair’s letter to G20 Leaders: November 2022 November 11, 2022 The return of inflation, higher interest rates, record-high debt levels and geopolitical tensions threaten to expose vulnerabilities within the financial… Read more
- Military Mobility: EU proposes actions to allow armed forces to move faster and better across borders November 10, 2022 Today, the EU Commission and the High Representative put forward an Action Plan on Military Mobility 2.0 and a Joint… Read more
- EU Commission proposes new Euro 7 standards to reduce pollutant emissions from vehicles and improve air quality November 10, 2022 Today, the Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet… Read more
- ECB | Turning down the heat: how the green transition supports price stability November 9, 2022 We need to intensify the greening of our economies despite the energy crisis. Hastening the process will reduce the costs… Read more
- IMF/IEA | A Call to Clean Energy November 9, 2022 The global energy crisis highlights the need for a massive surge in clean energy investment The global energy crisis is… Read more
- EU Commission invests €3 billion in innovative clean tech projects to deliver on REPowerEU and accelerate Europe’s energy independence from Russian fossil fuels November 8, 2022 On November 3rd, the European Commission is launching the third call for large-scale projects under the EU Innovation Fund. With… Read more
- ECB | Painting the bigger picture: keeping climate change on the agenda November 7, 2022 If we do not account for the impact of climate change on our economy, we risk missing a crucial part… Read more
- ECB | Strong rules, strong banks: let’s stick to our commitments November 4, 2022 We need strong rules for strong banks. Basel III has what it takes. But planned EU laws might fall behind… Read more
- IMF | Getting Back on Track to Net Zero: Three Critical Priorities for COP27 November 4, 2022 The devastation and destruction of climate change will only worsen if we fail to act now Just this year we’ve… Read more
- ECB | Fabio Panetta: Mind the step: calibrating monetary policy in a volatile environment November 3, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the ECB Money Market Conference |… Read more
- ECB | Banks need to be climate change proof November 2, 2022 Banks must adapt the way they do business to account for climate-related and environmental risks. The ECB Blog takes a… Read more
- Digital Markets Act: rules for digital gatekeepers to ensure open markets enter into force November 1, 2022 Tomorrow, the EU Digital Markets Act (DMA) will enter into force. The new Regulation will put an end to unfair… Read more
- ECB | Results of the September 2022 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD) October 31, 2022 Tighter credit terms and conditions offered by banks to counterparties, mainly attributed to deterioration in general market liquidity and functioning… Read more
- Latin America: HR/VP Borrell to visit Uruguay and Argentina and co-chair CELAC-EU Ministerial October 28, 2022 High Representative/Vice President Josep Borrell will travel to Latin America, the third time of his current mandate, starting in Uruguay… Read more
- European Green Deal: EU Commission proposes rules for cleaner air and water October 26, 2022 Today the Commission is proposing stronger rules on ambient air, surface and groundwater pollutants, and treatment of urban wastewater. Clean… Read more
- Payments: EU Commission proposes to accelerate the rollout of instant payments in euro October 26, 2022 The Commission has today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses… Read more
- A Marshall plan for Ukraine: G7 Presidency and European Commission to invite experts to a conference on the reconstruction of the war-torn country October 25, 2022 Joint op-ed on Ukraine Reconstruction Conference by German Chancellor Olaf Scholz and President of the European Commission Ursula von der… Read more
- Russia/Ukraine: EEAS launches a new tool to help navigate in disinformation environment October 24, 2022 It’s been eight months since Russia launched its full-scale aggression against Ukraine. Already a year ago, in autumn last year,… Read more
- IMF | Europe Must Address a Toxic Mix of High Inflation and Flagging Growth October 24, 2022 Authorities must tighten macroeconomic policies to bring down inflation, while helping vulnerable households and viable firms cope with the energy… Read more
- U.S. FED | Welcoming remarks by Governor Bowman at “Toward an Inclusive Recovery” October 21, 2022 Welcome, and thank you for joining us to discuss topics important to the nation’s economy. This research seminar is part… Read more
- EU Commission makes additional proposals to fight high energy prices and ensure security of supply October 20, 2022 The Commission is today proposing a new emergency regulation to address high gas prices in the EU and ensure security… Read more
- ECB | Which workers are most affected by changes in the policy rate? October 19, 2022 The ECB Blog investigates how change in the policy rate affects wages very differently depending on characteristics of employees and… Read more
- Interview with Luis de Guindos, Vice-President of the ECB, conducted by Dalius Simenas on 10 October 2022 October 18, 2022 Some experts are sceptical whether monetary tightening and rapid raising of interest rates are an effective tool to tame inflation,… Read more
- Keynote Address by Executive Dombrovskis at Harvard Law School Event on “Power and Alliances: The Transatlantic Partnership in a Changing World” October 18, 2022 Ladies and gentlemen, It is truly an honour to be here in Harvard Law School. I am coming directly from… Read more
- DG COMP | Understanding the metaverse – a competition perspective October 17, 2022 By Friedrich Wenzel Bulst & Sophie De Vinck, DG Competition[1] Over the last two decades, our lives have become increasingly… Read more
- IMF | How Countries Should Respond to the Strong Dollar October 17, 2022 Policy responses to currency depreciation pressures should focus on the drivers of the exchange-rate moves and signs of market disruptions… Read more
- OECD | OECD presents new transparency framework for crypto-assets to G20 October 13, 2022 The OECD delivered today a new global tax transparency framework to provide for the reporting and exchange of information with… Read more
- IMF | The IMF cut its 2023 global economic forecast to 2.7% October 12, 2022 Growth is projected to slow to 2.7% as the war in Ukraine, inflation, and Covid recovery weigh on the world… Read more
- EIB and the European Union’s largest national promotional banks meet in Berlin to discuss recent initiatives and common challenges in Europe October 11, 2022 The European Investment Bank (EIB) and the five biggest European national promotional banks met to discuss the progress of existing… Read more
- IMF | How to Scale Up Private Climate Finance in Emerging Economies October 7, 2022 Scaling up private capital is crucial to finance vital low-carbon infrastructure projects, particularly in less developed economies Private climate financing… Read more
- Long-awaited common charger for mobile devices will be a reality in 2024 October 5, 2022 One single charger for all mobile phones and tablets – beneficial for the environment and for consumers USB Type-C port… Read more
- IMF | How Illiquid Open-End Funds Can Amplify Shocks and Destabilize Asset Prices October 4, 2022 Mutual funds holding hard-to-sell assets but offering daily redemptions can spark volatility and magnify the impact of shocks, especially in… Read more
- U.S. Fed | Speech by Vice Chair Brainard on global financial stability considerations for monetary policy in a high-inflation environment October 3, 2022 Global Financial Stability Considerations for Monetary Policy in a High-Inflation Environment by Vice Chair Lael Brainard at “Financial Stability Considerations… Read more
- An Exciting Month of September for the EACC Network September 30, 2022 EACC is where the Action is, join us & be part of it! Activities during the Month of September at… Read more
- ECB | Policy mix of the future: the role of monetary, fiscal and macroprudential policies September 30, 2022 Remarks by Luis de Guindos, Vice-President of the ECB, at a panel at the conference “Future of Central Banking” organised… Read more
- ECB | Natura finis magistra – acknowledging nature-related risks to make finance thrive September 30, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- Press statement by President von der Leyen on a new package of restrictive measures against Russia September 29, 2022 We wanted to present together the eighth package of sanctions. Last week, Russia has escalated the invasion of Ukraine to… Read more
- Minimum income: more effective support needed to fight poverty and promote employment September 29, 2022 Today, the Commission calls on Member States to modernise their minimum income schemes as part of the ongoing pledge to… Read more
- ECB | How do markets respond to war and geopolitics? September 28, 2022 Russia’s unprovoked invasion of Ukraine marks the return of geopolitical risk to Europe. Here the ECB blog looks at how… Read more
- Scaling up sustainable finance in low and middle-income countries: High-Level Expert Group kick-starts work September 27, 2022 The High-Level Expert Group (HLEG) on scaling up sustainable finance in low and middle-income countries meets in Brussels today for… Read more
- Speech by Executive Vice-President Timmermans at the Green Deal Summit in Prague September 26, 2022 “Check against delivery” Good morning everyone, It is a real pleasure to be here, to be back in the city… Read more
- EU Council adopts additional €5 billion assistance to Ukraine September 26, 2022 The EU Council today formally adopted the decision to provide € 5 billion of additional macro-financial assistance (MFA) to Ukraine,… Read more
- OECD | Tax policy is playing a key role in promoting economic recovery and responding to the energy price shock September 23, 2022 Tax policy is playing a critical role as countries seek to promote economic recovery from the COVID-19 pandemic and respond… Read more
- European Media Freedom Act: EU Commission proposes rules to protect media pluralism and independence in the EU September 22, 2022 The European Commission adopted today a European Media Freedom Act, a novel set of rules to protect media pluralism and… Read more
- ECB Interview | Bringing inflation back to target September 22, 2022 Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Florian Schmidt on 15 September 2022… Read more
- IMF | Regulating Crypto September 21, 2022 The right rules could provide a safe space for innovation Crypto assets have been around for more than a decade,… Read more
- EU@UNGA77: Multilateralism at work in times of crisis September 19, 2022 Every year at this time, world leaders gather in New York for the United Nations (UN) General Assembly. This year,… Read more
- Energy prices: EU Commission proposes emergency market intervention to reduce bills for Europeans September 16, 2022 The EU Commission is proposing an emergency intervention in Europe’s energy markets to tackle recent dramatic price rises. The EU… Read more
- IMF | Energy Shocks Amid Rapid Inflation Could Fuel Faster Wage Gains September 15, 2022 Billions of consumers around the world are seeing higher oil prices seep into the cost of living and wages. Filling… Read more
- EU State of the Union, 2022 September 14, 2022 “Democratic institutions must constantly gain and regain the citizens’ trust. We must live up to the new challenges that history… Read more
- ECB | What drives inflation expectations of women and men? September 14, 2022 Women and men shop differently and have different perceptions of prices and inflation. This ECB Blog post examines how inflation… Read more
- Aquila Clean Energy raises financing for 2.6 GW capacity renewable energy projects in Southern Europe with the support of InvestEU September 13, 2022 Financing of unprecedented EUR 1 billion built-to-sell construction facility including one of the biggest loans ever granted by the European Investment Bank… Read more
- ESAs warn of rising risks amid a deteriorating economic outlook September 12, 2022 The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) issued today their Autumn 2022 joint risk report. The… Read more
- OECD | Jobs outlook highly uncertain in the wake of Russia’s war of aggression against Ukraine September 9, 2022 OECD labour markets bounced back strongly from the COVID-19 pandemic, but the global employment outlook is now highly uncertain according… Read more
- Statement by Executive Vice-President Dombrovskis at the ECOFIN Press conference September 9, 2022 Thank you minister, good afternoon everyone. It is a pleasure to be back in Prague. Thank you for hosting us… Read more
- ECB temporarily removes 0% interest rate ceiling for remuneration of government deposits September 8, 2022 Ceiling for remuneration of government deposits to remain at deposit facility rate (DFR) or euro short-term rate (€STR), whichever is… Read more
- EU Commission proposes full suspension of Visa Facilitation Agreement with Russia September 7, 2022 Today, the Commission is proposing to fully suspend the EU’s Visa Facilitation Agreement with Russia. A country like Russia, waging… Read more
- European Fiscal Governance: A Proposal from the IMF September 6, 2022 ‘High debt and rising interest rates put a premium on improved governance to anchor fiscal policy in EU member states.’… Read more
- US/Digital: EU opens new Office in San Francisco to reinforce its Digital Diplomacy September 6, 2022 Today, the European Union opens its new office in San Francisco, California, a global centre for digital technology and innovation.… Read more
- IMF | Reimagining Money in the Age of Crypto and Central Bank Digital Currency September 2, 2022 The recent plunge in crypto assets has left investors numbed by losses and surely in doubt. But the future of… Read more
- Russian war adds uncertainty and volatility to EU financial markets September 1, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes the second Trends, Risks and Vulnerabilities… Read more
- Support for fossil fuels almost doubled in 2021, slowing progress toward international climate goals, according to new analysis from OECD and IEA August 31, 2022 Major economies sharply increased support for the production and consumption of coal, oil and natural gas, with many countries struggling… Read more
- ECB Speech | Monetary policy and the Great Volatility August 30, 2022 Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Jackson Hole Economic Policy Symposium organised… Read more
- FTC says data broker sold consumers’ precise geolocation, including presence at sensitive healthcare facilities August 29, 2022 When people seek medical care or visit other sensitive locations, they may think their presence is confidential. Little do most… Read more
- Statement from the Commission on clarifications discussed with Germany regarding investment protection in the context of the CETA agreement August 29, 2022 Brussels, 29 August 2022 | The EU and Canada are trusted and like-minded partners that share the same goals when… Read more
- International Cooperation on Civil Justice August 29, 2022 In parallel with the adoption of EU instruments in the area of civil and commercial law, the EU’s exclusive external… Read more
- State aid: EU Commission approves Italian market conform scheme to manage publicly guaranteed loans August 26, 2022 The European Commission has found Italy’s plan to enable the transfer of certain State guaranteed loans to a newly created… Read more
- Antitrust: EU Commission publishes market study on hotels’ distribution practices August 26, 2022 The European Commission published today the results of an external market study on the distribution practices of hotels in the… Read more
- Press release following the meeting between Clyde Caruana and Paschal Donohoe August 25, 2022 Clyde Caruana, Minister for Finance and Employment of Malta, and Paschal Donohoe, President of the Eurogroup and Minister for Finance… Read more
- ESMA updates the European Single Electronic Format reporting manual August 25, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today published the annual update of its Reporting… Read more
- EU Commission proposes fishing opportunities for 2023 in the Baltic Sea in an effort to recover species August 24, 2022 Today, the European Commission adopted its proposal for fishing opportunities for 2023 for the Baltic Sea. Based on this proposal,… Read more
- IMF | Achieving Net-Zero Emissions Requires Closing a Data Deficit August 23, 2022 High-quality, reliable, and comparable gauges are lacking. Here’s how to close the gap. Climate change is transforming the global investment… Read more
- FSB Annual Financial Report: 2021-22 August 22, 2022 This report contains the audited financial statements of the FSB, for the 12-month period from 1 April 2021 to 31… Read more
- IMF | Public Sector Must Play Major Role in Catalyzing Private Climate Finance August 18, 2022 Sharing the risks between public and private sectors would direct a greater share of the world’s financial assets to climate… Read more
- Ukraine: the EU has coordinated the delivery of more than 60,000 tonnes of life-saving assistance August 17, 2022 As of today, the EU has coordinated the delivery of 66,224 tonnes of in-kind assistance to Ukraine from 30 countries… Read more
- Federal Reserve Board announces final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services August 16, 2022 The Federal Reserve Board on Monday announced final guidelines that establish a transparent, risk-based, and consistent set of factors for… Read more
- COVID-19 vaccines: EU Commission and Moderna adapt delivery schedules for late summer and winter August 15, 2022 The European Commission and Moderna have reached an agreement to better address Member States needs for COVID-19 vaccines for the… Read more
- U.S. Fed | Speech by Governor Bowman on fighting inflation in challenging times August 12, 2022 Speech by Governor Michelle W. Bowman at the 2022 CEO & Senior Management Summit sponsored by the Kansas Bankers Association,… Read more
- The ECB’s new inflation target one year on August 11, 2022 As part of our monetary policy strategy review we adopted a new symmetric 2% inflation target. One year on, we… Read more
- IMF | Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures August 10, 2022 During the pandemic, central banks in both advanced and emerging market economies took unprecedented measures to ease financial conditions and… Read more
- Europe’s energy balancing act August 9, 2022 Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President of the European Commission… Read more
- New rights to improve work-life balance in the EU enter into application today August 8, 2022 As of today, all Member States must apply EU-wide rules to improve work-life balance for parents and carers adopted in… Read more
- IMF | Global Current Account Balances Widen Amid War and Pandemic August 4, 2022 ‘The war in Ukraine and resulting increase in commodity prices are expected to contribute to a further widening this year.’… Read more
- IMF | How Europe Can Protect the Poor from Surging Energy Prices August 3, 2022 “With fossil fuels likely to remain expensive for some time, governments should let retail prices rise to promote energy conservation… Read more
- Digital Economy and Society Index 2022: overall progress but digital skills, SMEs and 5G networks lag behind August 2, 2022 Today the European Commission published the results of the 2022 Digital Economy and Society Index (DESI), which tracks the progress made in… Read more
- European Commission disburses first tranche of the new €1 billion macro-financial assistance for Ukraine August 1, 2022 The European Commission, on behalf of the EU, has today disbursed the first half (€500 million) of a new €1… Read more
- IMF | Soaring Inflation Puts Central Banks on a Difficult Journey August 1, 2022 Upside risks to the inflation outlook remain large, and more aggressive tightening may be needed if these risks materialize. Central… Read more
- EU Member states commit to reducing gas demand by 15% next winter July 28, 2022 In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary… Read more
- Opening remarks of Executive Vice-President Timmermans at the Extraordinary Energy Council on security of energy supply in the EU July 27, 2022 “Check against delivery” Thank you Jozef. Dear Ministers We saw during the pandemic, the COVID crisis, that if the EU… Read more
- NIST | Information and Communications Technology (ICT) Risk Management in the Enterprise: Two Draft Special Publications Available for Comment July 26, 2022 NIST is posting two draft Special Publications (SP) on the Enterprise Impact of Information and Communications Technology (ICT) Risk, with… Read more
- Statement by the President of the European Commission following the political agreement on the Council Regulation on coordinated demand reduction measures for gas July 26, 2022 Today, the EU has taken a decisive step to face down the threat of a full gas disruption by Putin.… Read more
- Protocol on Ireland/Northern Ireland: EU Commission launches four new infringement procedures against the UK July 22, 2022 The European Commission has today launched four new infringement procedures against the United Kingdom for not complying with significant parts… Read more
- Save Gas for a Safe Winter: EU Commission proposes gas demand reduction plan to prepare EU for supply cuts July 21, 2022 The European Union faces the risk of further gas supply cuts from Russia, due to the Kremlin’s weaponisation of gas… Read more
- IMF | How a Russian Natural Gas Cutoff Could Weigh on Europe’s Economies July 20, 2022 ‘The partial shutoff of gas deliveries is already affecting European growth, and a full shutdown could be substantially more severe.’… Read more
- The sanctions against Russia are working July 20, 2022 Blog Post by Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President of… Read more
- Keynote speech by EU Commissioner McGuinness at the forum on protecting and facilitating investment in the single market July 19, 2022 Thank you very much, and good morning everyone, particularly those online, but also those in the room. And as Klaus… Read more
- EU digital diplomacy: Council agrees a more concerted European approach to the challenges posed by new digital technologies July 18, 2022 The Council today approved conclusions on EU digital diplomacy. Digital technologies have brought new opportunities and risks into the lives… Read more
- Statement by EU Commissioner Simson on the start of electricity trade between Ukraine and the EU July 18, 2022 The European Network of Transmission System Operators for Electricity announced today that electricity trade between Ukraine and the EU will… Read more
- Implementation of EU sanctions against Russia: EU Commission adopts proposal for “maintenance and alignment” package July 18, 2022 The European Commission has today adopted a joint (High Representative-Commission) proposal for a new package of measures to maintain and… Read more
- OECD | International tax reform: Multilateral Convention to implement Pillar One on track for delivery by mid-2023 July 14, 2022 Implementation of the international tax reform agreement to ensure multinational enterprises pay a fair share of tax wherever they operate… Read more
- U.S. FED | Speech: Crypto-Assets and Decentralized Finance through a Financial Stability Lens July 13, 2022 Speech by Vice Chair Lael Brainard at Bank of England Conference, London, United Kingdom on July 08, 2022 | Recent… Read more
- IMF | New Energy Imperative July 13, 2022 Russia’s invasion of Ukraine highlights the crisis and opportunity of the energy transition It is hard to look at a… Read more
- EU Commission welcomes return by Canada of gas pipeline turbine July 12, 2022 The European Commission welcomes the decision by Canada to return a natural gas pipeline turbine to Germany after its repair,… Read more
- Location, health, and other sensitive information: FTC committed to fully enforcing the law against illegal use and sharing of highly sensitive data July 12, 2022 Among the most sensitive categories of data collected by connected devices are a person’s precise location and information about their… Read more
- FSB Statement on International Regulation and Supervision of Crypto-asset Activities July 11, 2022 Crypto-assets and markets must be subject to effective regulation and oversight commensurate to the risks they pose, both at the… Read more
- Media Advisory – OECD launches first survey on Drivers of Trust in Public Institutions on Wednesday 13 July July 11, 2022 How much do people trust their government? And to what degree do a government’s competence and values influence trust in… Read more
- ECB | Frank Elderson, Isabel Schnabel: A catalyst for greening the financial system July 8, 2022 The ECB is taking action to reduce the carbon footprint in its portfolio and push banks to better manage climate… Read more
- ECB takes further steps to incorporate climate change into its monetary policy operations July 8, 2022 ECB to account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management, in line… Read more
- EU Commission presents new European Innovation Agenda to spearhead the new innovation wave July 7, 2022 Today, the Commission adopted a New European Innovation Agenda to position Europe at the forefront of the new wave of… Read more
- European Commission proposes first €1 billion tranche of the new macro-financial assistance for Ukraine July 6, 2022 The European Commission has today proposed a new €1 billion macro-financial assistance (MFA) operation for Ukraine as the first part… Read more
- FACT SHEET: U.S.-EU Trade and Technology Council Establishes Economic and Technology Policies & Initiatives July 6, 2022 Posted on May 16, 2022 | New Policies Will Strengthen Our Economic Partnership, and Update Rules of Global Economy Read… Read more
- Digital Services Package: Commission welcomes the adoption by the European Parliament of the EU’s new rulebook for digital services July 5, 2022 The Commission welcomes the adoption by the European Parliament of the Digital Services Act and Digital Markets Act, proposed by… Read more
- ESMA stress test of Central Counterparties finds clearing system resilient July 5, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the results of its fourth stress… Read more
- Sneak peek: how the EU Commission will enforce the DSA & DMA – Blog of Commissioner Thierry Breton July 5, 2022 Today marks a historic moment in digital regulation with the landslide vote by the European Parliament adopting the Digital Services Act (DSA) and Digital Markets… Read more
- IMF | Capital Markets Regulation Is Stronger, but Some Gaps Still Must be Closed July 1, 2022 ‘Countries have made substantial progress toward implementing capital markets regulatory reform, but important gaps remain and new challenges have raised… Read more
- 2022 Strategic Foresight Report: twinning the green and digital transitions in the new geopolitical context June 30, 2022 The Commission has today adopted the 2022 Strategic Foresight Report – “Twinning the green and digital transitions in the new… Read more
- G7 Leaders’ Communiqué – Executive summary June 29, 2022 We, the Leaders of the Group of Seven (G7), met in Elmau, Germany, on 26-28 June 2022, were joined by… Read more
- FTC alleges fraudsters used Walmart’s money transfer services to bilk consumers – while Walmart looked the other way June 29, 2022 Millions of Americans look to Walmart as their go-to place to pick up essentials. According to a complaint filed by… Read more
- OECD | Estonia: focus on structural reforms will underpin and boost recovery June 28, 2022 A renewed focus on structural reforms would help drive stronger growth and sustain living standards in Estonia as rising inflation,… Read more
- OECD Economic Outlook reveals heavy global price of Russia’s war against Ukraine June 28, 2022 Watch the live webcast of the press conference Russia’s invasion of Ukraine immediately slowed the recovery from the COVID-19 pandemic… Read more
- ECB | Price stability and policy transmission June 28, 2022 The euro area is facing a complex mix of shocks which are reducing growth and pushing up inflation, says President… Read more
- European Council, 23-24 June 2022 June 27, 2022 On 23-24 June 2022, the European Council adopted conclusions on Wider Europe, Ukraine, the membership applications from Ukraine, the Republic… Read more
- ESMA publishes results of its Call for Evidence on ESG ratings June 27, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a letter to the European Commission… Read more
- Joint Statement by President von der Leyen and President Biden on European Energy Security June 27, 2022 Following the further invasion of Ukraine, Russia continues to use natural gas as a political and economic weapon. Russia’s energy… Read more
- Joint statement by Vice-President for Interinstitutional Relations and Foresight Maroš Šefčovič, and Jan Christian Vestre, Norway’s Minister of Trade and Industry June 27, 2022 Vice-President for Interinstitutional Relations and Foresight, Maroš Šefčovič, and Jan Christian Vestre, Norway’s Minister of Trade and Industry, have released… Read more
- European Council conclusions on Ukraine, the membership applications of Ukraine, the Republic of Moldova and Georgia, Western Balkans and external relations, 23 June 2022 June 24, 2022 II. UKRAINE 4. The European Council discussed the Russian war of aggression against Ukraine in its different dimensions. The European… Read more
- Hydrogen & electric-powered aircraft: Towards Zero-Emission Aviation – Blog of Commissioner Thierry Breton June 24, 2022 The aviation sector, like many others, has been heavily impacted by the COVID shock. It is now confronted with the… Read more
- IMF | From 1980s Debt Crisis to Crypto Era, Financial Stability Monitoring is Always Evolving June 23, 2022 The IMF’s Global Financial Stability Report, introduced in 2002, was a step toward a more comprehensive assessment of risks in… Read more
- The battle of narratives around the food crisis June 22, 2022 Russia’s war against Ukraine threatens to create a global wave of hunger. We must urgently enable Ukraine to export its… Read more
- ECB | Frank Elderson: Good, bad and hopeful news: the latest on the supervision of climate risks June 22, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- EU Consumer protection: TikTok commits to align with EU rules to better protect consumers June 21, 2022 Following dialogues with the Commission and the network of national consumer protection (CPC) authorities, TikTok has committed to align its… Read more
- Speech by Commissioner Simson at the Three Seas Business Forum: ‘Building a Balanced and Resilient Energy Sector in the Three Seas Region’ June 21, 2022 “Check against delivery” Good morning everybody. It’s great to be here in Riga today. We are going through an energy… Read more
- EU Commission sets out first analysis of the proposals stemming from the Conference on the Future of Europe June 20, 2022 The European Commission has today adopted a Communication setting out how it can follow up on the outcome of the… Read more
- The European Commission recommends to Council confirming Ukraine, Moldova and Georgia’s perspective to become members of the EU and provides its opinion on granting them candidate status June 20, 2022 Today, the European Commission presented its Opinions on the application for EU membership submitted by Ukraine, Georgia and the Republic… Read more
- IMF | How Crypto and CBDCs Can Use Less Energy Than Existing Payment Systems June 17, 2022 Environmentally conscious design can make a major difference in the energy efficiency of digital currencies. Most of the world’s central… Read more
- ECB Speech | Bringing European payments to the next stage: a public-private endeavour June 16, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the European Payments Council’s 20th anniversary… Read more
- Survey on Business Travel to the U.S. – Share your Experience with us! June 15, 2022 After more than a year of Pandemic-related travel restrictions and US embassy closures, international travel has resumed. However, members across… Read more
- ESMA reviews its 2021 contribution to the EU’s green and digital capital markets June 15, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its Annual Report reviewing its achievements… Read more
- European Commission and United States sign cooperation arrangement on preparedness and response to public health threats June 14, 2022 Following the statement by President Ursula von der Leyen and U.S. President Joe Biden marking the second Global COVID-19 Summit,… Read more
- EU Parliament | Women on boards: deal to boost gender balance in companies June 13, 2022 40% of non-executive director posts should go to the under-represented sex Dissuasive penalties for non-compliance Small and medium-sized enterprises with… Read more
- Deal reached on new rules for adequate minimum wages in the EU June 13, 2022 The minimum wage should be adequate to ensure a decent standard of living Right to redress for workers, their representatives… Read more
- Energy Markets: EU Commission presents short-term emergency measures and options for long-term improvements June 10, 2022 In response to several months of exceptionally high and volatile energy prices, the Commission sets out today a series of… Read more
- EU budget 2023: Empowering Europe to continue shaping a changing world June 9, 2022 The Commission has today proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated… Read more
- Deal on common charger: reducing hassle for consumers and curbing e-waste June 9, 2022 One single charger for frequently used small and medium-sized portable electronic devices Charging speed harmonised for devices that support fast… Read more
- IMF | How Replacing Coal With Renewable Energy Could Pay For Itself June 8, 2022 The world may gain an estimated $78 trillion over coming decades by making this energy transition. International negotiators can’t agree… Read more
- IMF | Response to High Food, Energy Prices Should Focus on Most Vulnerable June 7, 2022 ‘Countries should allow international prices to pass through to domestic prices while protecting households that are most in need.’ Governments… Read more
- OECD | Global plastic waste set to almost triple by 2060 June 7, 2022 The amount of plastic waste produced globally is on track to almost triple by 2060, with around half ending up… Read more
- After Covid-19 pandemic, the recovery of tourism sector builds on sustainability June 6, 2022 Tourism has been one of the sectors worst affected by the Covid-19 pandemic: hotels, restaurants, airlines and travel agencies had… Read more
- EU and US agree to strengthen coordination on the enforcement of export controls on Russia June 3, 2022 The European Commission and the US Commerce Department have agreed to strengthen coordination on the enforcement of export controls on… Read more
- ECB Speech | Preparing for euro area accession June 2, 2022 Introductory statement by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the Euro Accession… Read more
- Convergence Report reviews Member States’ preparedness to join the euro area and paves the way for Croatia’s euro adoption on 1 January 2023 June 2, 2022 Today, the European Commission has concluded that Croatia is ready to adopt the euro on 1 January 2023, bringing the… Read more
- IMF | Dollar Dominance and the Rise of Nontraditional Reserve Currencies June 1, 2022 The US dollar has long played an outsized role in global markets. It continues to do so even as the… Read more
- EU Commission | Business and consumer survey results for May 2022 May 31, 2022 Regular harmonised surveys are conducted by the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN) for different… Read more
- At the European Council, President von der Leyen reiterates support for Ukraine, welcomes leaders’ agreement on further sanctions against Russia May 31, 2022 On the first day of the special European Council taking place on 30-31 May, EU leaders agreed on the sixth… Read more
- EU leaders agree on new sanctions against Russia May 31, 2022 On the first day of the summit, the European Council adopted conclusions on Ukraine. The leaders were joined by Ukrainian… Read more
- Ukraine: The EU Commission proposes rules on freezing and confiscating assets of oligarchs violating restrictive measures and of criminals May 27, 2022 On 25 May 2022, the European Commission is proposing to add the violation of EU restrictive measures to the list… Read more
- OECD | Labour taxation rebounding as global economy recovers from COVID-19 pandemic May 26, 2022 Effective tax rates on labour rebounded in 2021 as the global economy recovered and many countries began withdrawing or scaling… Read more
- Twitter to pay $150 million penalty for allegedly breaking its privacy promises – again May 26, 2022 It’s FTC 101. Companies can’t tell consumers they will use their personal information for one purpose and then use it… Read more
- State of Schengen: EU Commission sets new priorities and new governance model May 25, 2022 Today, the Commission is presenting the State of Schengen Report 2022. This is the first time the Commission is presenting… Read more
- IMF | Globalization & Resilience May 24, 2022 Economists miscalculated the disruptions of the global financial crisis and the pandemic—and need to build better models Does globalization enhance… Read more
- Joint Statement between the European Commission and the United States on European Energy Security May 24, 2022 Russia has demonstrated that it is an unreliable supplier of energy to Europe through unjustified and unacceptable actions such as… Read more
- Cyber posture: EU Council approves conclusions May 24, 2022 On 23 May, 2022, the Council approved conclusions on developing the Union’s cyber posture. The posture aims to demonstrate the… Read more
- Questions and answers on the European Semester 2022 Spring Package May 23, 2022 What is included in this year’s European Semester Spring Package? The 2022 European Semester Spring Package includes: a Communication on… Read more
- European Semester Spring Package: Sustaining a green and sustainable recovery in the face of increased uncertainty May 23, 2022 The European Commission’s 2022 European Semester Spring Package provides Member States with support and guidance two years on from the… Read more
- ESMA study looks at reasons for lower costs in ESG funds May 23, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published a study looking at the potential reasons behind… Read more
- Ukraine: EU Commission presents plans for the Union’s immediate response to address Ukraine’s financing gap and the longer-term reconstruction May 20, 2022 Today, the Commission has set out plans in a Communication for the EU’s immediate response to address Ukraine’s financing gap,… Read more
- IMF | Why Countries Must Cooperate on Carbon Prices May 20, 2022 ‘An international floor price for carbon could speed the world’s transition to green energy without compromising countries’ competitiveness.’ Recent surges… Read more
- ECB Speech | Luis de Guindos: Building the Financial System of the 21st Century May 19, 2022 Speech by Luis de Guindos, Vice-President of the ECB, at the 20th annual symposium on “Building the financial system of… Read more
- REPowerEU: A plan to rapidly reduce dependence on Russian fossil fuels and fast forward the green transition May 19, 2022 The European Commission has today presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused… Read more
- REPowerEU: time to address our energy dependencies May 18, 2022 With the REPowerEU package adopted today, we are helping to provide a common, supportive, and coordinated response to the energy implications of Russia’s invasion… Read more
- ESMA consults on notifications for cross-border marketing and management of funds May 17, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is consulting stakeholders on the information and templates to… Read more
- EU-US Trade and Technology Council: strengthening our renewed partnership in turbulent times May 16, 2022 The EU and the US have today reaffirmed their close cooperation to address global trade and technology challenges in line… Read more
- ECB Speech | Fabio Panetta: Public money for the digital era: towards a digital euro May 16, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the National College of Ireland |… Read more
- Joint Statement by President von der Leyen and President Biden on the meeting of the Trade and Technology Council May 16, 2022 At our June 2021 US-EU Summit, we established the US-EU Trade and Technology Council (TTC) to shape the rules of… Read more
- EU Commission welcomes political agreement on new rules on cybersecurity of network and information systems May 13, 2022 The Commission welcomes the political agreement reached today between the European Parliament and EU Member States on the Directive on… Read more
- State aid: EU Commission will phase out State aid COVID Temporary Framework May 13, 2022 The European Commission will phase out the State aid COVID Temporary Framework, adopted on 19 March 2020 and last amended… Read more
- U.S. FED | Plans for Reducing the Size of the Federal Reserve’s Balance Sheet May 13, 2022 Consistent with the Principles for Reducing the Size of the Federal Reserve’s Balance Sheet that were issued in January 2022,… Read more
- U.S. FED | Speech by Governor Waller on monetary policy in 2021 May 12, 2022 Reflections on Monetary Policy in 2021 | Speech by Governor Christopher J. Waller at the 2022 Hoover Institution Monetary Conference,… Read more
- Speech by President von der Leyen at the EP Plenary on the social and economic consequences for the EU of the Russian war in Ukraine – reinforcing the EU’s capacity to act May 12, 2022 “Check against delivery” Madam President, dear Roberta, Honourable Members, Next week, we will mark Europe Day. The 72nd birthday of… Read more
- Corporate taxation: EU Commission proposes tax incentive for equity to help companies grow, become stronger and more resilient May 11, 2022 The European Commission has today proposed a debt-equity bias reduction allowance, or DEBRA, to help businesses access the financing they… Read more
- Consumer protection: EU Commission adopts stronger consumer rules for online financial services May 11, 2022 Today, the European Commission has adopted a reform of the current EU rules on Distance Marketing of Consumer Financial Services,… Read more
- Cybersecurity of 5G networks: EU publishes report on the security of Open RAN May 11, 2022 Today, EU Member States, with the support of the European Commission and ENISA, the EU Agency for Cybersecurity, published a… Read more
- ECB | Euro money market statistics: Second maintenance period 2022 May 10, 2022 Daily average borrowing turnover in the unsecured segment decreased from €138 billion in the first maintenance period of 2022 to… Read more
- The Broadband Platform discusses ways to improve digital cohesion in Europe May 10, 2022 The European Committee of the Regions and European Commission held the 4th meeting of the Broadband Platform on 6 May,… Read more
- Questions and Answers – Conference on the Future of Europe May 9, 2022 What are the results of the Conference on the Future of Europe? The results of the Conference are presented in… Read more
- IMF | Money at a Crossroad: Public or Private Digital Money? May 6, 2022 Digital money is reaching a crossroad, where today’s policy and regulatory choices will affect the evolution of the monetary and… Read more
- ECB | Philip R. Lane: The euro area outlook: some analytical considerations May 5, 2022 Speech by Philip R. Lane, Member of the Executive Board of the ECB, at Bruegel | Introduction There are three… Read more
- European Health Data Space May 5, 2022 In order to unleash the full potential of health data, the European Commission is presenting a regulation to set up… Read more
- Future of Europe: Conference Plenary ambitious proposals point to Treaty review May 4, 2022 Plenary adopts 49 proposals (more than 300 measures) for wide-ranging reforms Parliament’s delegation decided by broad majority to support the… Read more
- EU & U.S. Statements on “A Declaration for the Future of the Internet” May 3, 2022 STATEMENT BY THE U.S. DEPARTMENT OF STATE: The Internet has been revolutionary. It provides unprecedented opportunities for people around the… Read more
- Statement by Commission President von der Leyen following the announcement by Gazprom on the disruption of gas deliveries to certain EU Member States May 2, 2022 The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt… Read more
- EU takes steps to suspend all duties on imports from Ukraine May 2, 2022 The European Commission has proposed today to suspend for one year import duties on all Ukrainian exports to the European… Read more
- OECD countries advancing slowly on sustainable development targets by 2030 May 2, 2022 Despite progress made since the adoption of the 2030 Agenda for Sustainable Development and its 17 Goals (SDGs), OECD countries… Read more
- ECB Speech | No predetermined path for rate rises May 2, 2022 Interview with El Correo (Grupo Vocento) | Interview with Luis de Guindos, Vice-President of the ECB, conducted by Adolfo Lorente… Read more
- ECB | Monetary developments in the euro area: March 2022 April 29, 2022 Annual growth rate of broad monetary aggregate M3 stood at 6.3% in March 2022, after 6.4% in February 2022 (revised… Read more
- TBIC | Transatlantic Foreign Direct Investment Analysis and Trends, 2nd Quarter 2022 April 28, 2022 The Transatlantic Business & Investment Council (TBIC) is the official European representative for selected counties, cities and corporations from over… Read more
- COVID-19: EU Commission calls on Member States to step up preparedness for the next pandemic phase April 28, 2022 The Commission is today proposing a set of actions to manage the current phase of the COVID-19 pandemic and prepare… Read more
- Legal migration: Attracting skills and talent to the EU April 27, 2022 The Commission is today proposing an ambitious and sustainable legal migration policy. As part of the comprehensive approach to migration… Read more
- Visa Digitalisation: Visa travel to the EU becomes easier April 27, 2022 Today, the Commission is proposing the digitalisation of the Schengen visa process, replacing the visa sticker, and introducing the possibility… Read more
- FTC | What the pandemic has taught businesses about the collection of health information April 26, 2022 As businesses, government agencies, and nonprofits reopen and employees return to in‑person offices, many pandemic safety measures are being modified.… Read more
- Digital Services Act: EU Commission welcomes political agreement on rules ensuring a safe and accountable online environment April 25, 2022 The Commission welcomes the swift political agreement reached today between the European Parliament and EU Member States on the proposal… Read more
- ECB | Energy prices and private consumption: what are the channels? April 25, 2022 1 Introduction The recent increase in energy prices raises the question of the extent to which households will reduce their… Read more
- Speech by Christine Lagarde | A new global map: European resilience in a changing world April 25, 2022 Keynote speech by Christine Lagarde, President of the ECB, at the Peterson Institute for International Economics | Washington, D.C., 22… Read more
- Statement by Executive Vice-President Vestager On the decision by Kingspan and European Architectural Systems to abandon the proposed transaction involving the purchase of Trimo April 22, 2022 The European Commission takes note of the decision by Kingspan and European Architectural Systems (i.e. the parent company of Trimo)… Read more
- Speech by Commissioner Gentiloni at the Peterson Institute for International Economics: Transatlantic economic policy in times of war April 21, 2022 Thank you Adam for this introduction. It is a pleasure to be in D.C. and to be at the Peterson… Read more
- ESMA postpones the annual calculations of LIS and SSTI for bonds and the quarterly bonds liquidity assessment April 21, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has decided to postpone the publication of sizes… Read more
- IMF | Governments Need Agile Fiscal Policies as Food and Fuel Prices Spike April 20, 2022 ‘Spending imperatives from pandemic and war meet high debt and tight budget constraints.’ Just as increasing vaccinations offered hope, Russia’s… Read more
- IMF | Private Debt to Weigh on Global Economic Recovery April 19, 2022 ‘A record rise in private debt could slow the economic recovery, but the drag on growth will vary across countries… Read more
- IMF | Tax Coordination Can Lead to a Fairer, Greener Global Economy April 15, 2022 Cooperation across countries can raise revenue, tackle inequality, and fight climate change. Technology, globalization, and global warming have changed the… Read more
- Intellectual property: EU Commission boosts protection of European craft and industrial products in the EU and beyond April 14, 2022 Today, the Commission has proposed a first-ever framework to protect the intellectual property for craft and industrial products that rely… Read more
- IMF | The Right Labor Market Policies Can Ease the Green Jobs Transition April 14, 2022 Measures include job training, tax credits for lower-income workers, green infrastructure and R&D investment push, and a carbon tax. Consensus… Read more
- IMF | Global Trade Needs More Supply Diversity, Not Less April 14, 2022 Countries with trade partners that implemented more stringent lockdowns had a sharper drop in imports. Though trade flows have adjusted,… Read more
- FTC charges battery maker in first case under Made in USA Labeling Rule April 13, 2022 For people who prefer to buy Made in USA merchandise, products from Lithionics Battery LLC seemed like an attractive option.… Read more
- IMF | Fast-Moving FinTech Poses Challenge for Regulators April 13, 2022 ‘Emerging firms are quickly making inroads into critical financial services, and often taking on more risk than traditional banks.’ Technology… Read more
- EU adopts fifth round of sanctions against Russia over its military aggression against Ukraine April 12, 2022 In light of Russia’s continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in… Read more
- Future of Europe: Conference nears finalisation of policy recommendations April 12, 2022 The Conference on the Future of Europe Plenary session on 8-9 April debated concrete proposals. The Chairs and spokespersons of… Read more
- Mergers: EU Commission approves Parker’s acquisition of Meggitt, subject to conditions April 12, 2022 The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Meggitt by Parker. The approval is… Read more
- Energy Security: EU Commission hosts first meeting of EU Energy Purchase Platform to secure supply of gas, LNG and hydrogen April 11, 2022 In order to secure the EU’s energy supply at affordable prices in the current geopolitical context and to phase out… Read more
- ESMA | Launch of the EU Digital Finance Platform – virtual event (8 April 2022) April 11, 2022 Speech by Verena Ross, ESMA Chair | Thank you for inviting me to the launch of the EU Digital Finance… Read more
- Green Deal: Modernising EU industrial emissions rules to steer large industry in long-term green transition April 11, 2022 Today, the Commission is presenting proposals to update and modernise the Industrial Emissions Directive, key legislation to help prevent and… Read more
- Tax challenges of digitalisation: OECD invites public input on the draft rules for scope under Amount A of Pillar One April 7, 2022 As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address… Read more
- Ambitious Fit for 55 and EU energy independence – the smart, necessary and desirable crisis response April 7, 2022 Joint statement by Austria, Germany, Denmark, Spain, Finland, Ireland, Luxembourg, Latvia, the Netherlands, Sweden, Slovenia | In the wake of… Read more
- FSB Statement Welcoming Smooth Transition Away from LIBOR April 7, 2022 Following years of preparation, the end of 2021 marked a major milestone in the transition away from LIBOR. The FSB… Read more
- ECB Speech | An EU financial system for the future April 7, 2022 Keynote speech by Luis de Guindos, Vice-President of the ECB, at the Joint conference of the ECB and the European… Read more
- U.S. FED | Speech by Governor Brainard on variation in the inflation experiences of households April 6, 2022 Variation in the Inflation Experiences of Households | Governor Lael Brainard at the Spring 2022 Institute Research Conference, Opportunity and… Read more
- EU Commissioner Sinkevicius’ statement on Industrial emissions April 6, 2022 Good afternoon to you all, We have a vision of a better Europe in 2050, where pollution is brought down… Read more
- Economic and Financial Affairs Council, 5 April 2022 April 6, 2022 Main results War in Ukraine and sanctions against Russia The Council discussed the implementation of the sanctions imposed by the… Read more
- Ukraine: €17 billion of EU funds to help refugees April 5, 2022 The Council today adopted legislative amendments making it possible for member states to redirect resources from cohesion policy funds and… Read more
- IMF | Deciding When Debt Becomes Unsafe April 5, 2022 Don’t expect easy answers or simple rules. Projecting growth, deficits, and interest rates is just the beginning When does the… Read more
- Remarks by President Charles Michel after the EU-China summit via videoconference April 4, 2022 Good afternoon. We have just concluded our EU-China summit. Today’s summit is not business as usual, because this is a… Read more
- FSB | FinTech and Market Structure in the COVID-19 Pandemic: Implications for financial stability April 4, 2022 The COVID-19 pandemic has accelerated the trend toward digitalisation of retail financial services. This report examines whether the COVID-19 pandemic… Read more
- ECB Speech | A digital euro that serves the needs of the public: striking the right balance April 1, 2022 Introductory statement by Fabio Panetta, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary… Read more
- IMF | Tight Jobs Market Is a Boon for Workers But Could Add To Inflation Risks March 31, 2022 Labor shortages have pushed up wage growth, benefitting low-wage workers but adding to inflation risks. Bringing more workers back into… Read more
- Green Deal: New proposals to make sustainable products the norm and boost Europe’s resource independence March 31, 2022 The Commission is presenting today a package of European Green Deal proposals to make sustainable products the norm in the… Read more
- European Commission and United States Joint Statement on Trans-Atlantic Data Privacy Framework March 29, 2022 The European Commission and the United States announce that they have agreed in principle on a new Trans-Atlantic Data Privacy… Read more
- Joint readout by the European Council and the United States March 29, 2022 Today, the European Council was joined by President Joseph R. Biden, Jr. of the United States. The leaders discussed the… Read more
- EU Commission outlines options to mitigate high energy prices with common gas purchases and minimum gas storage obligations March 28, 2022 Following up rapidly on the REPowerEU Communication and the Versailles Declaration, the Commission has set out ideas today for collective… Read more
- IMF | Special Purpose Entities Shed Light on the Drivers of Foreign Direct Investment March 25, 2022 Conventional wisdom on capital flows holds that foreign direct investment is for the long-term, while securities and other flows may… Read more
- Digital Markets Act (DMA): agreement between the Council and the European Parliament March 25, 2022 The Council and the Parliament today reached a provisional political agreement on the Digital Markets Act (DMA), which aims to… Read more
- Orrick | The European Antitrust Enforcers’ Response to the Russia/Ukraine Crisis March 24, 2022 After the various measures taken by countries, international organizations and companies to pressure Russia to stop its aggression against Ukraine,… Read more
- OECD | New results on the prevention of tax treaty shopping show progress continues with the implementation of international tax avoidance measures March 24, 2022 The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest… Read more
- Speech by Commissioner Gentiloni at the University of Oxford – Turning point: the implications of Putin’s war for Europe’s economic and political choices March 22, 2022 “Check against delivery” Good morning, it is a pleasure and an honour to be with you today, albeit virtually. Let… Read more
- EU restrictive measures in response to the crisis in Ukraine March 21, 2022 EU adopts fourth package of sanctions against Russia On 15 March 2022, the EU decided to impose a fourth package… Read more
- IMF | Pandemic’s E-commerce Surge Proves Less Persistent, More Varied March 18, 2022 Spikes in the share of online spending are dissipating overall, but there’s significant variation by industry There’s no doubt that… Read more
- OECD releases detailed technical guidance on the Pillar Two model rules for 15% global minimum tax March 18, 2022 Today the OECD/G20 Inclusive Framework on BEPS released further technical guidance on the 15% global minimum tax agreed in October… Read more
- The war in Ukraine and its implications for the EU March 15, 2022 14/03/2021 – HR/VP Blog – Putin’s war against Ukraine has already caused thousands of death but also major economic damages… Read more
- IMF | How War in Ukraine Is Reverberating Across World’s Regions March 15, 2022 The conflict is a major blow to the global economy that will hurt growth and raise prices. Beyond the suffering… Read more
- IMF | A Fine Balancing Act March 15, 2022 With fiscal policy having gained fresh prominence, governments must carefully calibrate their policies in the pandemic’s aftermath Before the global… Read more
- IMF Executive Board Approves US$ 1.4 Billion in Emergency Financing Support to Ukraine March 11, 2022 Washington, DC : The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of US$1.4 billion (SDR… Read more
- U.S. FED | Remarks by Governor Waller on fighting inflation with rate hikes and balance sheet reduction March 10, 2022 Fighting Inflation with Rate Hikes and Balance Sheet Reduction | Governor Christopher J. Waller | At the Economic Forecast Project,… Read more
- Ukraine: EU steps up solidarity with those fleeing war March 10, 2022 The Commission outlines today the very substantial support the EU is making available to help people fleeing war in Ukraine,… Read more
- Statement by Secretary of the Treasury Janet L. Yellen on President Biden’s Executive Order on Digital Assets March 9, 2022 WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement on President Biden’s executive order… Read more
- Fair and Open Trade in Europe and beyond – High Level Conference on Trade Policy and European Strategic Autonomy March 7, 2022 “Check against delivery” | Paris, 7 March 2022 | Introduction Good morning. Thank you so much for inviting me to… Read more
- Ukraine: EU Commission proposes temporary protection for people fleeing war in Ukraine and guidelines for border checks March 4, 2022 Today, the Commission is proposing to activate the Temporary Protection Directive to offer quick and effective assistance to people fleeing… Read more
- Russia’s military aggression against Ukraine: EU bans certain Russian banks from SWIFT system and introduces further restrictions March 4, 2022 The Council today introduced further restrictive measures in view of the Russian Federation’s unprovoked and unjustified military aggression against Ukraine.… Read more
- OECD releases third batch of transfer pricing country profiles March 3, 2022 The OECD has released the third batch of 2021/2022 updates to the transfer pricing country profiles, reflecting the current transfer… Read more
- U.S. 2022 Trade Policy Agenda & 2021 Annual Report March 2, 2022 From the President of the United States on the Trade Agreements Program | March 2022 | Forward The 2022 Trade… Read more
- EU helps launch negotiations on landmark global agreement on plastic pollution March 2, 2022 The United Nations Environment Assembly, meeting in Nairobi, has just agreed to launch negotiations on a legally binding global agreement… Read more
- IMF | Sustainable Finance in Emerging Markets is Enjoying Rapid Growth, But May Bring Risks March 2, 2022 Financial stability concerns include potentially higher sensitivity to global financial conditions. Most of the activity in the rapidly growing world… Read more
- EU adopts new set of measures to respond to Russia’s military aggression against Ukraine March 1, 2022 In view of Russian Federation’s unprovoked and unjustified military aggression against Ukraine and the escalating situation, the Council today agreed… Read more
- Federal Reserve Board begins 2022 Survey of Consumer Finances February 28, 2022 The Federal Reserve Board in March will begin a statistical study of household finances, the Survey of Consumer Finances, that… Read more
- ECB Speech | Small steps in a dark room: guiding policy on the path out of the pandemic February 28, 2022 Speech by Fabio Panetta, Member of the Executive Board of the ECB, at an online seminar organised by the Robert… Read more
- Europe Accounts for 62% of all FDI Employment in Florida February 25, 2022 Enterprise Florida, Florida’s economic development agency, published its latest report on foreign-direct investment in Florida in January 2022. It states… Read more
- OECD | Tax challenges of digitalisation: OECD invites public input on the draft rules for tax base determinations under Amount A of Pillar One February 25, 2022 As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address… Read more
- EU Commission sets out strategy to promote decent work worldwide and prepares instrument for ban on forced labour products February 24, 2022 Today, the Commission presents its Communication on Decent Work Worldwide that reaffirms the EU’s commitment to champion decent work both… Read more
- Data Act: EU Commission proposes measures for a fair and innovative data economy February 24, 2022 On 23 February 2022, the Commission proposes new rules on who can use and access data generated in the EU… Read more
- Questions and Answers: Proposal for a Directive on corporate sustainability due diligence February 23, 2022 Why is the Commission presenting this initiative? The transformation to a sustainable economy is a key political priority of the… Read more
- Just and sustainable economy: EU Commission lays down rules for companies to respect human rights and environment in global value chains February 23, 2022 Today, the European Commission has adopted a proposal for a Directive on corporate sustainability due diligence. The proposal aims to… Read more
- IMF | Should Monetary Finance Remain Taboo? February 23, 2022 ‘In exceptional times, monetary finance may provide helpful policy support but there are risks.’ The severe economic challenges posed by… Read more
- Speech by Commissioner Gentiloni at the European Economic and Social Committee: The way forward for EU economic governance February 22, 2022 “Check against delivery” Good morning. It is a pleasure for me to take part in this joint ECFIN-EESC conference on… Read more
- Main results: Foreign Affairs Council, 21 February 2022 February 22, 2022 European security situation The Foreign Affairs Council discussed on the European security situation. The Council condemned the Russian military build-up… Read more
- OECD | Plastic pollution is growing relentlessly as waste management and recycling fall short February 22, 2022 The world is producing twice as much plastic waste as two decades ago, with the bulk of it ending up… Read more
- ECB | Frank Elderson: Towards an immersive supervisory approach to the management of climate-related and environmental risks in the banking sector February 18, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- ECB | Philip R. Lane: Inflation in the near-term and the medium-term February 18, 2022 Opening remarks by Philip R. Lane, Member of the Executive Board of the ECB, at MNI Market News Webcast |… Read more
- IMF | Supply Disruptions Add to Inflation, Undermine Recovery in Europe February 18, 2022 ‘With supply constraints likely to persist, the challenge for policymakers is to support recovery without allowing high inflation to become… Read more
- Green Deal: EU invests over €110 million in LIFE projects for environment and climate in 11 EU countries February 17, 2022 Today, the Commission is announcing an investment of over €110 million into LIFE programme integrated projects for environmental and climate… Read more
- IMF | Three Policy Priorities for a Robust Recovery February 17, 2022 By Kristalina Georgieva | ‘We must work together to end the pandemic, navigate monetary tightening and shift focus to fiscal… Read more
- Space: EU initiates a satellite-based connectivity system and boosts action on management of space traffic for a more digital and resilient Europe February 17, 2022 On February 15, 2022, the EU is acting on its space ambitions by tabling two initiatives – a proposal for… Read more
- IMF | The Future of Money: Gearing up for Central Bank Digital Currency February 16, 2022 By Kristalina Georgieva, IMF Managing Director | Atlantic Council, Washington, DC | Ladies and gentlemen, friends, Let me start by… Read more
- IMF | The Currency Revolution February 16, 2022 Eswar S. Prasad explains how technology is transforming the nature of money and how that will affect our lives |… Read more
- European Health Union: HERA launches first work plan with €1.3 billion for preparedness and response to health emergencies in 2022 February 15, 2022 The new European Health Emergency Preparedness and Response Authority (HERA) today presents its first annual work plan, which will have… Read more
- ECB | Recent inflation developments in the United States and the euro area – an update February 15, 2022 After headline inflation had already reached very high levels in the United States in the first half of 2021, euro… Read more
- IMF | Median Inflation Gauge Offers Better Read on Price Trends February 14, 2022 ‘Using an alternative measure may help separate the signal from the noise.’ Economists debating inflation in the United States are… Read more
- OECD launches public consultation on the tax challenges of digitalisation with the release of a first building block under Pillar One February 11, 2022 Following the agreement reached in October 2021 by over 135 members of the OECD/G20 Inclusive Framework on BEPS to a… Read more
- IMF | Europe’s Consumers are Sitting on 1 Trillion Euros in Pandemic Savings February 10, 2022 In ordinary times, Europeans save around 12 percent of their income. But as families stayed at home and furlough schemes… Read more
- Winter 2022 Economic Forecast: Growth expected to regain traction after winter slowdown February 10, 2022 The Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in 2021, the EU economy will grow… Read more
- European Chips Act – Questions and Answers February 9, 2022 Why a European Chips Act? Semiconductor chips are the essential building blocks of digital and digitised products. From smartphones and… Read more
- Digital sovereignty: EU Commission proposes Chips Act to confront semiconductor shortages and strengthen Europe’s technological leadership February 9, 2022 Today, the Commission proposes a comprehensive set of measures to ensure the EU’s security of supply, resilience and technological leadership… Read more
- ECB | Hearing of the Committee on Economic and Monetary Affairs of the European Parliament February 8, 2022 Introductory statement by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs… Read more
- EU-U.S. Energy Council Takes Place February 7 February 8, 2022 High Representative/Vice President Josep Borrell and Commissioner for Energy, Kadri Simson, will travel to Washington, D.C., on 7-8 February. Both… Read more
- ESMA becomes supervisor of EU Data Reporting Service Providers February 7, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, on 1 January 2022 took on its new… Read more
- The ESAs recommend actions to ensure the EU’s regulatory and supervisory framework remains fit-for-purpose in the digital age February 7, 2022 The three European Supervisory Authorities (EBA, EIOPA and ESMA) published today a joint report in response to the European Commission’s… Read more
- Countries in the IMF Financial Stability Spotlight in 2022 February 4, 2022 The Financial Sector Assessment Program is a key pillar of IMF surveillance. FSAPs can help make financial systems more resilient.… Read more
- OECD | Services trade liberalised in 2021, showing significant decrease in volume and effects of new measures February 3, 2022 Global services trade regulations showed signs of liberalisation in 2021, slowing the steady build-up of trade barriers identified in previous… Read more
- ECB | Christine Lagarde, Luis de Guindos: Monetary policy statement February 3, 2022 Monetary policy statement by Christine Lagarde, President of the ECB, and Luis de Guindos, Vice-President of the ECB | Frankfurt… Read more
- New approach to enable global leadership of EU standards promoting values and a resilient, green and digital Single Market February 2, 2022 Today, the Commission is presenting a new Standardisation Strategy outlining our approach to standards within the Single Market as well… Read more
- Joint statement by President von der Leyen and President Biden on U.S.-EU cooperation on energy security February 1, 2022 We are jointly committed to Europe’s energy security and sustainability and to accelerating the global transition to clean energy. We… Read more
- Brexit crisis looms over Protocol January 31, 2022 This article was previously published in the Irish Independent | By John Bruton | Notwithstanding the positive sounds emanating from… Read more
- IMF | Global Inflation Pressures Broadened on Food and Energy Price Gains January 31, 2022 The chart of the week shows how surging energy costs have boosted inflation, especially in Europe, after fossil-fuel prices nearly… Read more
- ECB | The euro: a trusted and safe means of payment January 28, 2022 Euro banknote counterfeiting at historically low level in 2021 347,000 counterfeit euro banknotes withdrawn from circulation in 2021, a historically… Read more
- IMF | Pandemic Tests Resilience and Credibility of Fiscal Rules January 28, 2022 Record debt and deficits during the pandemic prompted many nations to suspend their fiscal rules. Since 1990, a growing number… Read more
- IMF | Low Real Interest Rates Support Asset Prices, But Risks Are Rising January 28, 2022 A large and sudden jump in real interest rates could lead to a further selloff in stocks. Supply disruptions coupled… Read more
- COVID-19: EU Council adopts a revised recommendation on measures affecting free movement, based on the individual situation of persons and no longer on the region of origin January 27, 2022 The EU Council today adopted a recommendation on a coordinated approach to facilitate safe free movement during the COVID-19 pandemic.… Read more
- EU Commission puts forward declaration on digital rights and principles for everyone in the EU January 27, 2022 Today, the Commission is proposing to the European Parliament and Council to sign up to a declaration of rights and… Read more
- Federal Reserve Board releases discussion paper that examines pros and cons of a potential U.S. central bank digital currency (CBDC) January 26, 2022 The Federal Reserve Board on Thursday released a discussion paper that examines the pros and cons of a potential U.S.… Read more
- ECB Interview | Inflation expected to decline over 2022 January 25, 2022 Inflation will remain high at the start of 2022 but will fall later on, especially towards the end of the… Read more
- IMF | A Disrupted Global Recovery January 25, 2022 Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty. The continuing global recovery faces… Read more
- UN-EU strategic partnership on peace operations and crisis management: EU Council conclusions on priorities for 2022-2024 January 24, 2022 The Council approved conclusions today endorsing the new priorities for the 2022-2024 period under the UN-EU strategic partnership on peace… Read more
- NextGenerationEU: European Commission disburses €271 million in pre-financing to Finland January 21, 2022 The European Commission has today disbursed €271 million to Finland in pre-financing, equivalent to 13% of the country’s financial allocation… Read more
- EU challenges Russian export restrictions on wood at WTO January 21, 2022 Today, the EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia… Read more
- OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations January 20, 2022 Today, the OECD releases the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations. The… Read more
- IMF | A New Trust to Help Countries Build Resilience and Sustainability January 20, 2022 A proposed $50-billion trust fund could help low-income and vulnerable middle-income countries build resilience to balance of payments shocks and… Read more
- Higher education: making EU’s universities ready for the future through deeper transnational cooperation January 20, 2022 Today, European society needs the contribution of universities and other higher education institutions more than ever. Europe is facing major… Read more
- IMF | Why Jobs are Plentiful While Workers are Scarce January 19, 2022 In the US and UK, the recent labor market puzzle can be partly explained by mismatch, the pandemic’s effect on… Read more
- How the IMF Continues to Change To Confront Global Challenges January 19, 2022 From COVID-19 to climate change, economies are facing new challenges. The world is changing. From COVID-19 and climate change to… Read more
- ECB Speech | Monetary Policy requires trust January 18, 2022 Interview with Süddeutsche Zeitung | Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Markus… Read more
- ECB Speech | Conference of Parliamentary Committees for Union Affairs (COSAC) January 18, 2022 Introductory statement by Christine Lagarde, President of the ECB, at the meeting of the Conference of Parliamentary Committees for Union… Read more
- IMF | Crypto Prices Move More in Sync With Stocks, Posing New Risks January 14, 2022 There’s a growing interconnectedness between virtual assets and financial markets. Crypto assets such as Bitcoin have matured from an obscure… Read more
- IMF | Global Shipping Costs Are Moderating, But Pressures Remain January 13, 2022 Shipping costs soared over the past year as consumers unleashed pent-up savings to buy new merchandise while the pandemic continued… Read more
- ECB Interview | The pandemic cycle and inflation January 12, 2022 Pandemic-related special factors led to unusually low inflation in 2020 and unusually high inflation in 2021, Chief Economist Philip R.… Read more
- €47 million fund to protect intellectual property of EU SMEs in their COVID-19 recovery and green and digital transitions January 11, 2022 Today, the EU Commission and the European Union Intellectual Property Office (EUIPO) launched the new EU SME Fund, which offers… Read more
- ECB | The US and UK labour markets in the post-pandemic recovery January 10, 2022 During the post-pandemic recovery, the US and UK labour markets show many similarities, albeit with different implications for wages. This… Read more
- EU Council approves EU-UK fishing deal January 7, 2022 The Council has approved an agreement between the EU and the UK on fishing opportunities for 2022, paving the way… Read more
- OECD Economic Outlook sees recovery continuing but warns of growing imbalances and risks January 6, 2022 The global recovery is continuing but its momentum has eased and is becoming increasingly imbalanced according to the OECD’s latest… Read more
- OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax January 6, 2022 On 20 December 2021, the OECD published detailed rules to assist in the implementation of a landmark reform to the… Read more
- Fair Taxation: EU Commission proposes to end the misuse of shell entities for tax purposes within the EU January 5, 2022 The European Commission has today presented a key initiative to fight against the misuse of shell entities for improper tax… Read more
- Global Europe: the European Union sets out priority areas for cooperation with partner countries and regions around the world January 5, 2022 The Commission has adopted the Multiannual Indicative Programmes (MIPs) of Global Europe setting out priority areas for cooperation with partner… Read more
- French presidency of the Council of the EU: 1 January – 30 June 2022 January 4, 2022 The priorities of France’s presidency are reflected in its motto: ‘Recovery, strength and a sense of belonging’: recovery, to enable… Read more
- EU Digital COVID Certificate: EU Commission adopts binding acceptance period of nine months for vaccination certificates January 4, 2022 Today, the Commission adopted rules relating to the EU Digital COVID Certificate, establishing a binding acceptance period of 9 months (precisely… Read more
- The EU Commission proposes the next generation of EU own resources January 4, 2022 The EU Commission has today proposed to establish the next generation of own resources for the EU budget by putting… Read more
- 2021 in review: A year of transitions January 4, 2022 Looking back, I would define 2021 as a year of transitions. Geopolitical changes have intensified with power politics repeatedly challenging… Read more
- EU Commission presents guide for a fair transition towards climate neutrality December 16, 2021 Today, the EU Commission issues policy guidance for a fair and inclusive transition towards climate neutrality to complement the package… Read more
- IMF | The World’s Top Recipients of Foreign Direct Investment December 16, 2021 A Japanese automobile manufacturer builds an assembly plant in Mexico. An Italian software company opens a sales office in Kenya… Read more
- New transport proposals target greater efficiency and more sustainable travel December 16, 2021 To support the transition to cleaner, greener, and smarter mobility, in line with the objectives of the European Green Deal, the… Read more
- IMF | Global Debt Reaches a Record $226 Trillion December 15, 2021 Policymakers must strike the right balance in the face of high debt and rising inflation. In 2020, we observed the… Read more
- IMF | Making Electronic Money Safer in the Digital Age December 14, 2021 As e-money use grows, regulators need to focus on consumer protection and the integrity of the overall payments system. Imagine… Read more
- Government support cushions tax revenues in OECD countries from the worst impacts of the COVID-19 crisis December 14, 2021 The impact of the COVID-19 pandemic on tax revenues was less pronounced than during previous crises, in part due to… Read more
- Competition: EU-US launch Joint Technology Competition Policy Dialogue to foster cooperation in competition policy and enforcement in technology sector December 13, 2021 Today, European Commission Executive Vice-President Margrethe Vestager, US Federal Trade Commission Chair Lina Khan and the Assistant Attorney General for Antitrust… Read more
- IMF | Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated December 9, 2021 The IMF’s mandate is to safeguard the stability of the international monetary and financial system, and crypto assets are changing… Read more
- EU strengthens protection against economic coercion December 8, 2021 The European Commission has today proposed a new tool to counter the use of economic coercion by third countries. This legal instrument… Read more
- IMF | Metals Demand From Energy Transition May Top Current Global Supply December 8, 2021 Firm, market, and country level factors may weigh on metals production under a net-zero scenario. The clean energy transition needed… Read more
- New rules on VAT rates offer Member States more flexibility while supporting the EU’s green, digital and public health priorities December 7, 2021 The Commission welcomes the agreement reached by EU finance ministers today to update the current rules governing value-added tax (VAT)… Read more
- IMF | The G20 Common Framework for Debt Treatments Must Be Stepped Up December 7, 2021 With the debt service suspension initiative expiring and interest rates poised to rise, low-income countries will find it increasingly difficult… Read more
- EU and WTO members strike major deal to simplify trade in services December 6, 2021 A group of 67 World Trade Organization (WTO) members, including the EU, have today concluded negotiations on a landmark agreement… Read more
- IMF | Addressing Inflation Pressures Amid an Enduring Pandemic December 6, 2021 With inflationary pressures intensifying and Omicron generating new uncertainties, monetary policymakers are facing new and challenging tradeoffs. The resurgence of… Read more
- Modernising judicial cooperation: EU Commission paves the way for further digitalisation of EU justice systems December 2, 2021 Today, the European Commission has adopted several initiatives to digitalise EU justice systems, making them more accessible and effective. The overarching… Read more
- Global Gateway: up to €300 billion for the European Union’s strategy to boost sustainable links around the world December 2, 2021 Today, the European Commission and the High Representative for Foreign Affairs and Security Policy launch the Global Gateway, the new… Read more
- FSB | Good Practices for Crisis Management Groups (CMGs) December 1, 2021 Crisis Management Groups (CMGs) of Global Systemically Important Banks (G-SIBs) have been in place for over 10 years as a… Read more
- FSB Statement to Support Preparations for LIBOR Cessation December 1, 2021 Completion of the steps laid out in the FSB’s Global Transition Roadmap is now critical and market participants need to… Read more