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
- EEAS | Top 10: EU & US Stronger Together January 17, 2025 Stronger Together European Council President António Costa and European Commission President Ursula von der Leyen look forward to positive engagement… Read more
- IMF | As One Cycle Ends, Another Begins Amid Growing Divergence January 17, 2025 Blog post by Pierre-Olivier Gourinchas | We project global growth will remain steady at 3.3 percent this year and next,… Read more
- DoC | U.S. Department of Commerce Announces $1.4 Billion in Final Awards to Support the Next Generation of U.S. Semiconductor Advanced Packaging January 16, 2025 Today, the U.S. Department of Commerce has announced that CHIPS National Advanced Packaging Manufacturing Program (NAPMP) has finalized $1.4 billion… Read more
- OECD | Pillar One Update from the Co-Chairs of the Inclusive Framework on BEPS January 16, 2025 Following our update in May 2024, we want to report on the progress made by the Inclusive Framework on BEPS… Read more
- IMF | Top Five Trends in the Role of the Accounting Profession on Public Finances in 2025 January 15, 2025 By Srinivas Gurazada | Historically, accountants have been perceived as mere ‘bookkeepers’ who record vouchers and prepare budget execution statements… Read more
- ECB | Exploring an uncertain future with the help of scenarios January 15, 2025 Blog post by Matteo Ciccarelli, Matthieu Darracq Pariès, Bettina Landau and João Sousa | Central banks project future developments based… Read more
- FSB | The Relevance of Transition Plans for Financial Stability January 14, 2025 Transition plans hold potential for enhancing financial stability assessments by providing forward-looking information that can be useful to measure and… Read more
- DoC | Prioritizing Space Commerce Within the Commerce Department January 14, 2025 Today, the Department of Commerce Office of Space Commerce published a report on the department’s space commerce accomplishments under the Biden-Harris Administration. … Read more
- NY Fed | Inflation Expectations Mixed; Job Turnover Expectations Decline January 13, 2025 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2024 Survey of Consumer Expectations,… Read more
- ECB | Public vs. private R&D: impacts on productivity January 10, 2025 Blog post by Arnaud Dyèvre | Investments in R&D typically foster productivity growth. But the funding source matters. The ECB… Read more
- DoC | International Trade Administration Highlights 2024 Achievements to Strengthen U.S. Competitiveness and Economic Security January 9, 2025 WASHINGTON, D.C. – The U.S. Department of Commerce’s International Trade Administration (ITA) is proud to announce its 2024 achievements, highlighting key… Read more
- ECB | Energy shocks, corporate investment and potential implications for future EU competitiveness January 9, 2025 Prepared by Pablo Anaya Longaric, Alessandro De Sanctis, Charlotte Grynberg, Vasileios Kostakis and Francesca Vinci Published as part of the ECB… Read more
- IMF | Has New Public Financial Management had its Day? January 8, 2025 By Julie Cooper and Tim Youngberry | New Public Financial Management (NPFM) emerged in the 1980s as a transformative approach… Read more
- ECB | What explains the high household saving rate in the euro area? January 8, 2025 Prepared by Alina Bobasu, Johannes Gareis and Grigor Stoevsky | Following a pandemic-related surge in 2020, the household saving rate… Read more
- DoC | By the Numbers: Almost All U.S. States and the District of Columbia See Increase in GDP and Incomes January 6, 2025 Last week, the Commerce Department’s Bureau of Economic Analysis announced that GDP and personal income increased in almost every U.S.… Read more
- EXIM Bank | Export-Import Bank of the U.S. Chair Reta Jo Lewis Highlights EXIM’s Clean Energy Deals and Work with E.U. Companies During the International Economic Forum of the Americas’ Conference of Paris December 20, 2024 Paris, France – This week, Export-Import Bank of the United States (EXIM) Chair Reta Jo Lewis delivered remarks during the International… Read more
- European Commission | Strategic Dialogue on the Future of the European Automotive Industry to start in January December 19, 2024 On 27 November 2024, in a speech to the European Parliament, President of the European Commission Ursula von der Leyen announced her decision… Read more
- DoC | U.S. Economic Development Administration Reauthorized by Congress for First Time in 20 Years December 19, 2024 Bipartisan legislation will modernize the EDA and other regional commissions whose mission is to spur economic growth in communities across… Read more
- ECB | Digital payments continue to rise, albeit at a slower pace; cash remains a key payment method December 19, 2024 Cash most frequently used payment method in stores, although use has continued to decline Share of digital payment instruments continues… Read more
- ECB | The ECB wage tracker: your guide to euro area wage developments December 18, 2024 Blog post by Colm Bates, Vasco Botelho, Sarah Holton, Marc Roca I Llevadot and Mirko Stanislao | The growth of negotiated… Read more
- European Commission | EU companies top US and China counterparts in R&D investment growth, breaking decade-long trend December 18, 2024 Europe’s industry has increased its investment in research and development (R&D) by 9.8% in 2023, surpassing the growth of corporate… Read more
- DoC | Assistant Secretary Grant Harris Advances U.S. Supply Chain Resilience Priorities in New York City December 17, 2024 WASHINGTON, D.C. – This week, Assistant Secretary of Commerce for Industry and Analysis Grant T. Harris traveled to New York City… Read more
- IMF | Europe Needs a Coordinated Approach to Industrial Policy December 16, 2024 The success of government interventions depends not just on how much is spent, but on spending it well. Blog post… Read more
- IMF | Europe’s Choice: Policies for Growth and Resilience December 16, 2024 Ladies and gentlemen, It is a privilege to address you today as we celebrate two remarkable milestones. First, congratulations to… Read more
- European Commission | New EU rules to ensure the safety of consumer products enter into application tomorrow December 12, 2024 Tomorrow, the new rules under the General Product Safety Regulation enter into application, ensuring that all non-food consumer products, sold offline or online… Read more
- European Commission | EU-funded AI innovation powers a new era in cooperative smart city development December 12, 2024 Today, in Valencia, the CitiVerse European Digital Innovation Consortium (EDIC) was officially established during its inaugural general assembly. This milestone marks a… Read more
- European Commission to issue €90 billion in long-term EU-Bonds in the first half of 2025 December 11, 2024 The Commission intends to issue up to €90 billion of EU Bonds in the first half of 2025 (H1), from January to June 2025.… Read more
- Council of the EU | Taxation: Council introduces electronic VAT exemption certificate December 11, 2024 The Council today reached a political agreement on a new directive paving the way for the introduction of an electronic… Read more
- European Commission | A safer digital future: new cyber rules become law December 11, 2024 New EU cybersecurity rules take effect today, which will make everything from baby-monitors to smart watches safer. With the entry… Read more
- European Commission | Joint press release between the European Commission and the EIB Group on €3 billion of EIB Group financing for farmers and bioeconomy December 10, 2024 EIB Group offers €3 billion in loans for agriculture and other bioeconomy activities across Europe with focus on young farmers,… Read more
- European Commission | Seven consortia selected to establish AI factories which will boost AI innovation in the EU December 10, 2024 The European High Performance Computing Joint Undertaking (EuroHPC) has selected seven proposals to establish and operate the first AI Factories across Europe.… Read more
- New York State Governor | Statement From Governor Kathy Hochul December 10, 2024 “Since I became Governor, I’ve been laser focused on putting more money in the pockets of working New Yorkers, and… Read more
- Jaguar Freight | The Weekly Roar – Top Shipping News December 9, 2024 In this week’s Roar: Pushing for the resumption of shipping in the Red Sea, the ILA and USMX are back… Read more
- Council of the EU | Digital infrastructure: Council approves conclusions on the Commission’s White Paper December 6, 2024 At the initiative of the Hungarian presidency, today the Council approved conclusions on the Commission’s White Paper titled ‘How to master EU’s… Read more
- ECB | How to turn European savings into investment, innovation and growth December 6, 2024 Contribution by Christine Lagarde, President of the ECB to The Economist A fragmented financial infrastructure means that Europe gets less… Read more
- OECD | Economic Outlook: Global growth to remain resilient in 2025 and 2026 despite significant risks December 5, 2024 The global economy is projected to remain resilient despite significant challenges, according to the OECD’s latest Economic Outlook. The Outlook projects… Read more
- European Commission | Commission and EIB announce new partnership to support investments in the European battery manufacturing value chain December 5, 2024 Today, the European Commission and the European Investment Bank (EIB) are announcing a new partnership to support investments in the… Read more
- IMF | The 2004 EU Enlargement Was a Success Story Built on Deep Reform Efforts December 5, 2024 New accession candidates will need to undertake equally ambitious reforms to make the next expansion a comparable success Poland is… Read more
- European Commission | New Eurobarometer survey shows record high trust in the EU in recent years December 3, 2024 The latest Eurobarometer released today reveals the highest level of trust in the European Union since 2007 and the highest-ever… Read more
- Council of the EU | Global Gateway: Council endorses flagship project list for 2025 December 3, 2024 The Council of the EU has endorsed 46 Global Gateway flagship projects for 2025. The projects identified as flagships by EU… Read more
- ECB publishes second progress report on the digital euro preparation phase December 3, 2024 ECB updates digital euro rulebook following joint review with consumers, retailers and payment service providers ECB concludes call for applications… Read more
- OECD | Generative AI set to exacerbate regional divide in OECD countries, says first regional analysis on its impact on local job markets December 3, 2024 Generative Artificial Intelligence (AI) will impact regional local job markets differently across OECD countries, exacerbating existing urban-rural income and productivity… Read more
- CHIPS for America Announces up to $300 million in Funding to Boost U.S. Semiconductor Packaging November 25, 2024 Project in Georgia, California, and Arizona aim to strengthen America’s leadership in cutting-edge substrate technology for critical industries like AI… Read more
- IMF | G20 Economies Should Target Reforms to Boost Medium-Term Growth Prospects November 22, 2024 Improving fiscal policy frameworks, fostering education and skills, and supporting the green transition can help ensure strong, sustainable, balanced, and… Read more
- OECD | Average tax revenues in the OECD remain steady as spending pressures grow November 21, 2024 The average level of tax revenues among OECD countries was largely unchanged in 2023 as governments sought to ease cost-of-living… Read more
- DoC | CHIPS for America Announces up to $300 million in Funding to Boost U.S. Semiconductor Packaging November 21, 2024 Projects in Georgia, California, and Arizona aim to strengthen America’s leadership in cutting-edge substrate technology for critical industries like AI… Read more
- ECB | Rents or rates: what is driving the commercial real estate market? November 21, 2024 Understanding the drivers of the current downturn in commercial real estate (CRE) can provide insights into the outlook for the… Read more
- IMF | Opening Remarks at the 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy November 21, 2024 By Kristalina Georgieva, Managing Director, IMF | Good morning, and welcome. Let me start by thanking Bert and the Statistics… Read more
- ECB | Euro area financial stability vulnerabilities remain elevated in a volatile environment November 20, 2024 Economic growth remains fragile, while concerns about global trade outlook add to geopolitical and policy uncertainty High valuations and risk… Read more
- New York State Governor | Lowering Property Taxes: Governor Hochul Invests $8 Million for Local Government Efficiency Projects That Reduce the Tax Burden for New Yorkers November 20, 2024 Governor Hochul Doubled the Local Government Efficiency Grant Program to Help Local Governments Reduce Current and Future Operational Costs Support… Read more
- ECB | Can our financial system support the green transition when the going gets tough? November 20, 2024 By Luis de Guindos | Meeting the EU’s climate neutrality targets calls for deep structural changes and significant private funding,… Read more
- Council of the EU | Capital markets union: Council adopts revamped rules for EU clearing services November 20, 2024 The Council today adopted new rules on clearing services that revise the European market infrastructure regulation and directive (EMIR). The… Read more
- ECB | The economic and human challenges of a transforming era November 19, 2024 Speech by Christine Lagarde, President of the ECB, at “Les Essentiels des Bernardins”, Paris It is both an honour and… Read more
- Council of the EU | Council greenlights EU certification framework for permanent carbon removals, carbon farming and carbon storage in products November 19, 2024 Today, the Council gave the final green light to a regulation establishing the first EU-level certification framework for permanent carbon removals, carbon… Read more
- IMF | New European Wealth Gauge Helps Policymakers Address Inequality November 18, 2024 Combined measure allows for a deeper understanding of how wealth distribution affects the overall health of economies Blog post by… Read more
- OECD | Renewed momentum for emissions trading systems as tax-based carbon pricing stalls post energy crisis November 17, 2024 Reduced energy excise tax rates in many countries in response to the recent energy crisis led to lower implicit carbon… Read more
- ECB | Letter from the ECB President to Mr Auke Zijlstra, MEP, on the digital euro November 17, 2024 Honourable Member of the European Parliament, dear Mr Zijlstra, Thank you for your letter regarding the potential costs of the… Read more
- ECB | Some like it hotter: the conditions for a cyclical recovery in euro area productivity November 17, 2024 Contribution by Piero Cipollone, Member of the Executive Board of the ECB, to the Centre for European Reform’s annual economics… Read more
- EEAS | US: Speech by High Representative/Vice-President Josep Borrell at the EP plenary on transatlantic relations after the US Presidential elections November 17, 2024 (Translated from Spanish) Opening remarks Madam President, ladies and gentlemen, Allow me to use Spanish to address you in this… Read more
- FSB | The Financial Stability Implications of Artificial Intelligence November 16, 2024 The rapid adoption of AI in finance means that authorities should address information gaps for monitoring, assess the adequacy of… Read more
- GDLSK | CBP Issues Guidance on the Use of Isotopic Testing to Determine Origin November 16, 2024 U.S Customs and Border Protection has published its first Isotopic Testing Guidance document, which can be accessed on the CBP… Read more
- EIB | Multilateral Development Banks to Boost Climate Finance November 16, 2024 Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to… Read more
- OECD | Progress in national climate policy efforts remains insufficient to achieve 2030 targets November 16, 2024 A significant gap in policy ambition exists between globally agreed temperature goals and the emissions reductions of national climate targets,… Read more
- NY Fed | Household Debt Rose Modestly; Delinquency Rates Remain Elevated November 16, 2024 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and… Read more
- ECB | Mind the gap: what it takes to finance a greener future November 12, 2024 Complacency in fighting climate change and preserving biodiversity is endangering our economic survival. The longer we wait, the higher the… Read more
- European Commission | Commission receives seven proposals for AI Factories which will boost AI innovation in the EU November 11, 2024 The first seven proposals for artificial intelligence (AI) Factories have now been submitted under the EuroHPC Joint Undertaking (JU), which manages the call… Read more
- Council of the EU | EU adopts rules to better measure the environment’s contribution to the economy November 6, 2024 Today, the Council formally adopted the amended regulation on European environmental economic accounts, the EU’s common statistical system which brings together… Read more
- ECB | Competition policy in a changing world November 6, 2024 Speech by Christine Lagarde, President of the ECB, at an event to mark the 15th anniversary of the Autorité de… Read more
- European Council | Council publishes 2023 international climate finance figures November 6, 2024 In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance from public sources and… Read more
- European Commission | Climate report shows the largest annual drop in EU greenhouse gas emissions for decades November 6, 2024 EU greenhouse gas emissions fell by 8.3% in 2023, compared to 2022, reveals the latest climate action progress report by the… Read more
- European Council | Competitiveness of the European economy – statement of the Eurogroup in inclusive format November 5, 2024 Today the Eurogroup in inclusive format adopted a statement on the competitiveness of the European economy. Significant shifts in the… Read more
- EU Commission | Commission welcomes general approach on VAT in the Digital Age November 5, 2024 The Commission welcomes today’s general approach announced by the Council on the Commission’s proposals on VAT in the Digital Age. By… Read more
- DoC | Commerce Data Show Strong Economic Gains Due to Americans Making and Spending More November 5, 2024 The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported last week that real gross domestic product (GDP) increased at an annual… Read more
- European Council | Artificial intelligence (AI): Council approves conclusions to strengthen EU’s ambitions November 5, 2024 Today, the Council approved conclusions on a European Court of Auditors’ (ECA) report aiming to strengthen EU’s AI ambitions, notably by enhancing… Read more
- ECB | The digital euro: what’s in it for you? November 4, 2024 By Piero Cipollone | As they juggle various cards, apps and devices, most Europeans find that digital payments have fallen… Read more
- New York State Governor | Governor Hochul Announces More Than $435 Million in State Grants for Local Water Infrastructure Improvements November 4, 2024 Delivers on Governor Hochul’s 2024 State of the State Initiatives To Help Small, Rural and Disadvantaged Communities With Their Water… Read more
- World Bank | October 2024 Commodity Markets Outlook November 4, 2024 Executive Summary: Commodity prices are expected to decrease by 5 percent in 2025 and 2 percent in 2026, after softening… Read more
- ECB | The performance of Eurosystem/ECB staff projections for economic growth since the COVID-19 pandemic October 31, 2024 Prepared by Adrian Page | Published as part of the ECB Economic Bulletin, Issue 7/2024. In the post-pandemic period, Eurosystem/ECB staff… Read more
- New York State Governor | Governor Hochul Announces New York Has Landed the First National Semiconductor Technology Center Facility in the Nation October 31, 2024 Prestigious Designation Unlocks $825 Million in Federal Funding for Semiconductor R&D at NY CREATES’ Albany NanoTech Complex Cements New York… Read more
- European Commission | European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025 October 30, 2024 The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, will support European deep tech… Read more
- ECB | Geopolitical fragmentation in global and euro area greenfield foreign direct investment October 30, 2024 Prepared by Lukas Boeckelmann, Lorenz Emter, Isabella Moder, Giacomo Pongetti and Tajda Spital This box reviews recent developments in global… Read more
- DoC | Commerce Marks One-Year Anniversary of Historic Biden-Harris Administration Executive Order on AI October 30, 2024 Leading up to the inaugural convening of the International Network of AI Safety Institutes, Commerce Department highlights implementation of President Biden’s… Read more
- EIB Global and the European American Chamber of Commerce New York establish the Transatlantic Resilient Infrastructure Alliance in collaboration with the United States DFC and EXIM Bank October 29, 2024 October 29, 2024 New York, NY The European Investment Bank (EIB) and the European American Chamber of Commerce New York… Read more
- ECB | Working Paper Series: Asymmetric monetary policy spillovers: the role of supply chains, credit networks and fear of floating October 29, 2024 Abstract: This paper examines the asymmetry in global spillovers from Fed policy across tightening versus easing episodes several examples of… Read more
- ECB | What consumers think is the main driver of recent inflation: changes in perceptions over time October 29, 2024 Prepared by Pedro Baptista, Colm Bates, Omiros Kouvavas, Pedro Neves and Katia Werkmeister Understanding how consumers perceive drivers of inflation… Read more
- IMF | As Inflation Recedes, Global Economy Needs Policy Triple Pivot October 25, 2024 Growth is projected to hold steady, but amid weakening prospects and rising threats, the world needs a shift in policy… Read more
- ECB | Cross-border deposits: growing trust in the euro area October 25, 2024 By Matthias Rumpf | People have tended to be quite hesitant to trust banks abroad. That seems to be changing.… Read more
- FSB | The Financial Stability Implications of Tokenisation October 25, 2024 Tokenisation has the potential to offer benefits to the financial system, such as increased efficiency and transparency, but it may… Read more
- IMF | Principality of Liechtenstein Becomes IMF’s 191st Member October 25, 2024 Washington, D.C. – October 21, 2024: The Principality of Liechtenstein became a member of the IMF today when Prime Minister… Read more
- DoC | Biden-Harris Administration Opens Funding Competition for Up to $1.6 Billion to Accelerate U.S. Semiconductor Advanced Packaging Technologies October 25, 2024 Program will drive U.S. leadership in semiconductors as well as provide the critical technology and skilled workforce needed for U.S.… Read more
- OECD | Joint report explores scope for co-ordinated approaches on climate action, carbon pricing, and policy spillovers October 24, 2024 Five international organisations today released a landmark report that outlines pathways for co-ordinated approaches on climate action, carbon pricing, and… Read more
- ECB | Working Paper Series: Climate capitalists October 18, 2024 Non-Technical Summary One of the most dramatic trends in financial markets over the last decade has been the rise of… Read more
- European Commission | New rules to boost cybersecurity of EU’s critical entities and networks October 17, 2024 The Commission has adopted today the first implementing rules on cybersecurity of critical entities and networks under the Directive on… Read more
- Osborne Clarke | UK government announces new Employment Rights Bill: what does this mean for employers? October 16, 2024 Proposals around unfair dismissal and probationary periods not planned to come into force until autumn 2026 The government has today… Read more
- European Commission | Independent experts call for increased investment to strengthen Europe’s research and innovation leadership October 16, 2024 More excellent research, impactful innovation and technology scale-ups are needed to make Europe more globally competitive, secure and sustainable. These… Read more
- IMF | Global Public Debt Is Probably Worse Than it Looks October 16, 2024 Elevated risks to public debt call for enduring and carefully designed fiscal adjustments Blog post by Era Dabla-Norris, Davide Furceri, Raphael Lam, Jeta… Read more
- European Council | Second meeting of the Accession Conference with Albania at ministerial level October 16, 2024 The second meeting of the Accession Conference with Albania at ministerial level was held today in Luxembourg. The European Union… Read more
- European Commission | The Recovery and Resilience Facility continues to deliver, Commission third annual report shows October 16, 2024 The implementation of the Recovery and Resilience Facility (RRF), at the heart of the EU’s recovery instrument NextGenerationEU, is speeding… Read more
- European Council | Climate finance: Council approves conclusions ahead of COP29 October 11, 2024 Today, the Council approved conclusions on climate finance ahead of the United Nations framework convention on climate change (UNFCCC) meeting… Read more
- OECD | Stronger consumer protections needed to address current and emerging harms consumers face online October 11, 2024 Nine out of ten consumers have been affected by “dark commercial patterns” – manipulative online design tactics such as countdown… Read more
- ECB | Towards a digital capital markets union October 9, 2024 Keynote speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Bundesbank Symposium on the Future… Read more
- OECD | Global economy is turning the corner as inflation declines and trade growth strengthens October 9, 2024 The global economy is turning the corner as growth remained resilient through the first half of 2024, with declining inflation,… Read more
- OECD – FSB Roundtable on Artificial Intelligence (AI) in Finance: Summary of key findings October 9, 2024 The adoption of artificial intelligence in the financial sector presents significant opportunities for efficiency and value creation, but it also… Read more
- IMF | How Europe Can Make Carbon Pricing Policies Less Regressive October 8, 2024 Easing the burden on lower-income households is not only socially fair, but also economically efficient Poor households in Germany and… Read more
- USTR, Department of Labor, and the European Commission Host Meeting of the U.S.-European Union Trade and Labor Dialogue September 27, 2024 WASHINGTON – On September 25, 2024, under the United States-European Union Trade and Technology Council (TTC), the Office of the… Read more
- DoC | Biden-Harris Administration Announces First CHIPS Commercial Fabrication Facilities Award with Polar Semiconductor, Establishing Independent American Foundry September 24, 2024 CHIPS Investment Expected to Nearly Double U.S. Production Capacity of Sensor and Power Chips at Bloomington, Minnesota Manufacturing Facility Today,… Read more
- EEAS | EU kicks off high-level meetings in New York September 24, 2024 The EU has kicked off a week of high-level meetings and events during the UN General Assembly in New York. During… Read more
- IMF | Managing Director’s Remarks: United Nations’ Summit of the Future September 24, 2024 I would like to thank Secretary General Guterres and H.E. K P Sharma Oli, Prime Minister of Nepal, for spearheading… Read more
- EEAS | #EUatUNGA 79: EU Leaders discusses joint actions to address conflicts, climate and health threats with world partners September 24, 2024 Yesterday’s main takeaways from the College Members included President Ursula von der Leyen’s speech at the Association of Small Island States Leaders’ Meeting. You can… Read more
- European Commission | Address by Mr. Draghi – Presentation of the report on the Future of European competitiveness – European Parliament – Strasbourg – 17 September 2024 September 20, 2024 The following is an address by former Italian Prime Minister Mario Draghi, ahead of his recent report titled “The future… Read more
- ECB | Consumer demand for central bank digital currency as a means of payment September 19, 2024 By Luca Nocciola and Alejandro Zamora-Pérez[1] What factors could drive transactional demand for central bank digital currency (CBDC)? We analyse payment survey… Read more
- DoC | Biden-Harris Administration Awards nearly $5 million to Small Businesses to Bring New CHIPS Technology to the Commercial Market September 19, 2024 Department of Commerce Announces Grants Across Nine States Highlight Thriving U.S. Semiconductor Industry Today, the Biden-Harris Administration awarded nearly $5… Read more
- European Commission | Press statement by President von der Leyen on the next College of Commissioners September 17, 2024 “Check against delivery” Today, I have met with the Conference of Presidents of the political groups in the European Parliament.… Read more
- IMF | How to Awaken Europe’s Private Sector and Boost Economic Growth September 13, 2024 EU companies grow and innovate less than American counterparts Blog post by Diego Cerdeiro, Gee Hee Hong, Alfred Kammer | In the… Read more
- NY Fed | Consumers’ Inflation and Labor Market Expectations Remain Largely Stable September 13, 2024 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2024 Survey of Consumer Expectations,… Read more
- European Council | Keynote speech by the Eurogroup President, Paschal Donohoe, to the City of London Corporation on ‘Financing Our Future’, 3 September 2024 September 4, 2024 Lord Mayor, Ambassadors, Governor Bailey, distinguished guests, it is a great honour to be here with you this evening. Thank… Read more
- ECB | Why competition with China is getting tougher than ever September 4, 2024 By Alexander Al-Haschimi, Lorenz Emter, Vanessa Gunnella, Iván Ordoñez Martínez, Tobias Schuler and Tajda Spital | Euro area exporters are… Read more
- The Fed | Federal Reserve Board announces final individual capital requirements for all large banks, effective on October 1 August 29, 2024 Following its stress test earlier this year, the Federal Reserve Board on Wednesday announced final individual capital requirements for all… Read more
- IMF | Women Lead Record Number of Central Banks, but More Progress is Needed August 29, 2024 New governors in Bosnia and Herzegovina and Papua New Guinea lifted the share of central banks with women leaders to… Read more
- NY Fed | SCE Labor Market Survey Shows Sharp Increase in Job Seekers, While Current Job Satisfaction Deteriorates August 20, 2024 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2024 SCE Labor Market Survey,… Read more
- IMF | Removing the ‘Fiction’, and Other Flaws, from the UK Fiscal Framework August 20, 2024 Blog post by Olly Bartrum | Fiscal rules have come under a range of criticism in recent years in the… Read more
- DoC | Biden-Harris Administration Announces Preliminary Terms with Texas Instruments to Expand U.S. Current-Generation and Mature-Node Chip Capacity August 16, 2024 U.S. Department of Commerce Outlines $1.6 Billion in Proposed Funding to Support Multiple Projects in Texas and Utah to Increase… Read more
- IMF | Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help August 15, 2024 By Shafik Hebous, Nate Vernon-Lin | Crypto mining and data centers now account for 2 percent of global electricity use and… Read more
- ECB | Rate hikes: How financial knowledge affects people’s reactions August 15, 2024 Blog post by Evangelos Charalambakis, Omiros Kouvavas and Pedro Neves | How quickly do consumers react to rate hikes? The… Read more
- New York State Governor | Governor Hochul and Majority Leader Schumer Announce Significant Progress Towards Edwards Vacuum’s $319 Million Semiconductor Supply Chain Facility in Genesee County August 14, 2024 Majority Leader Charles Schumer and Empire State Development President, CEO & Commissioner Hope Knight Joined Edwards Vacuum Officials on Tour… Read more
- New York State Governor | Governor Hochul Announces Additional $200 Million Environmental Bond Act Funding Now Available for Zero-Emission School Buses August 14, 2024 New York School Bus Incentive Program Makes Clean Buses and Charging Infrastructure More Affordable for Public Schools, Helps Improve Air… Read more
- New York State Governor | Governor Hochul Announces Upcoming Convening of Global Experts to Discuss Expanding Clean Energy in New York’s Growing Economy August 14, 2024 Summit Will Gather Feedback on Strategies to Accelerate Renewable Energy Deployment and Explore the Potential Role of Next Generation Clean… Read more
- DoC | Two Years Later: Funding from CHIPS and Science Act Creating Quality Jobs, Growing Local Economies, and Bringing Semiconductor Manufacturing Back to America August 12, 2024 Two years ago today, President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in… Read more
- NY Fed | Medium-Term Inflation Expectations Decline; Short and Longer-Term Inflation Expectations Unchanged August 12, 2024 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2024 Survey of Consumer Expectations,… Read more
- European Commission | AI Act enters into force August 2, 2024 On 1 August 2024, the European Artificial Intelligence Act (AI Act) enters into force. The Act aims to foster responsible artificial intelligence… Read more
- ECB | How central bank communication affects the economy July 31, 2024 Blog post by Stefan Gebauer, Thomas McGregor and Julian Schumacher | Central banks choose their words very carefully. And rightly… Read more
- ECB | Working Paper Series: Beyond borders: how geopolitics is reshaping trade July 29, 2024 Abstract Rising trade tensions, a spate of trade-inhibiting policy measures and a weakening of multilateral institutions have sparked a growing… Read more
- European Commission | Ursula von der Leyen—Europe’s Choice: Political Guidelines for the Next European Commission July 23, 2024 Campaigning across Europe ahead of this year’s European elections was a reminder of what makes our Union what it is.… Read more
- ECB | Repo markets: Understanding the effects of a declining Eurosystem market footprint July 23, 2024 Blog post by Svetla Daskalova, Federico Maria Ferrara, Pedro Formoso da Silva, Pamina Karl and Thomas Vlassopoulos | Repo markets… Read more
- A Low-Growth World Is an Unequal, Unstable World July 23, 2024 Long periods of slow economic growth can cause a jump in inequality. But a balanced set of policies can stave… Read more
- OECD launches pilot to monitor application of G7 code of conduct on advanced AI development July 23, 2024 The Organisation for Economic Co-operation and Development (OECD) announced a pilot phase to monitor the application of the Hiroshima Process International… Read more
- European Commission | Statement by President von der Leyen at the joint press conference with President Metsola following the European Parliament Plenary vote July 18, 2024 Thank you very much, dear Roberta, Good afternoon to everyone, I guess you have heard my speech, and you might… Read more
- IMF | Europe Can Better Support Venture Capital to Boost Growth and Productivity July 18, 2024 Reforms could increase investment in high-tech startups that power innovation Blog post by Nathaniel Arnold, Guillaume Claveres, Jan Frie | The European… Read more
- IMF | Global Growth Steady Amid Slowing Disinflation and Rising Policy Uncertainty July 16, 2024 Blog post by Pierre-Olivier Gourinchas | Our global growth projections are unchanged at 3.2 percent this year and slightly higher… Read more
- ECB | The geopolitics of green minerals July 10, 2024 Blog Post by Jakob Feveile Adolfsen, Danielle Kedan and Marie-Sophie Lappe | The green transition will significantly increase demand for… Read more
- TBIC | Transatlantic Business & Investment Council Quarterly: Transatlantic Foreign Direct Investment Analysis & Trends July 10, 2024 The Transatlantic Business & Investment Council (TBIC) is the official European representative for selected counties, cities, and corporations from over… Read more
- IMF | Integrating Economic and Climate Data Will Strengthen Climate Policy July 9, 2024 Blog post by Jim Tebrake, Francien Berry, Darja Milic | As economies worldwide strive to reduce emissions and achieve sustainable growth, reliable… Read more
- OECD employment at record high while the climate transition expected to lead to significant shifts in labour markets July 9, 2024 OECD labour markets remain tight, with total employment higher than before the COVID-19 pandemic and the OECD unemployment rate close… Read more
- ECB | How euro area firms’ inflation expectations affect their business decisions July 9, 2024 Blog post by By Ursel Baumann, Annalisa Ferrando, Dimitris Georgarakos, Yuriy Gorodnichenko, Judit Rariga and Timo Reinelt | Firms’ inflation… Read more
- European Commission | Canada joins Horizon Europe programme July 9, 2024 Canada is joining the growing group of non-EU countries who have associated to the EU’s research and innovation programme, Horizon… Read more
- European Commission | Europe’s innovation performance steadily improving but at different speeds between Member States July 8, 2024 The innovation performance of the European Union continues to improve at a steady pace, reaching a 10% increase since 2017 and a growth… Read more
- ECB | Artificial intelligence: a central bank’s view July 8, 2024 Keynote speech by Piero Cipollone, Member of the Executive Board of the European Central Bank, at the National Conference of… Read more
- European Commission announces additional €1.2 billion investment package for infrastructure and support to entrepreneurship in the Western Balkans July 2, 2024 Today, the European Commission announced the sixth investment package under the EU’s Economic and Investment Plan for the Western Balkans… Read more
- FSB | Evaluation of the Effects of the G20 Financial Regulatory Reforms on Securitisation: Consultation report July 2, 2024 The complex structuring and multi-step distribution chains involved in certain securitisation structures in the run-up to the 2008 global financial… Read more
- European Commission | Opening remarks by President von der Leyen at the joint press conference with President Michel and Belgian President De Croo following the meeting of the European Council of 27 June 2024 June 28, 2024 Dear Charles, dear Alexander, I want to start by thanking you, dear Alexander, for an exceptionally successful Presidency of the… Read more
- Council of the EU | Russia’s war of aggression against Ukraine: EU lists two individuals and four entities for circumventing EU sanctions and materially supporting the Russian government June 28, 2024 The Council today decided to impose restrictive measures against two individuals and four entities responsible for actions undermining or threatening… Read more
- ECB | Mind the gap: Europe’s strategic investment needs and how to support them June 27, 2024 Blog post by Othman Bouabdallah, Ettore Dorrucci, Lucia Hoendervangers and Carolin Nerlich | Europe needs trillions of euros to manage climate change,… Read more
- European Commission | New finance hub to support ambitions of pioneering cities in climate mitigation and adaptation June 26, 2024 The Commission is setting up a new Climate City Capital Hub, an international finance resource to further support cities participating in… Read more
- ECB reports on progress towards euro adoption June 26, 2024 Biennial report assesses progress towards euro adoption in Bulgaria, Czech Republic, Hungary, Poland, Romania and Sweden Inflation above reference value… Read more
- EIB | Greener food, fuel and chemical production in Europe boosted by EIB, European Commission and Breakthrough Energy Catalyst support for groundbreaking energy- storage project June 26, 2024 More climate-friendly production of foods, clean fuels and chemicals in Europe is receiving a boost from the EU-Catalyst partnership, a joint… Read more
- IMF | Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge June 25, 2024 By Giovanni Melina | Artificial intelligence can increase productivity, boost economic growth, and lift incomes. However, it could also wipe… Read more
- ECB | Maintaining the freedom to choose how we pay June 25, 2024 Blog post by Piero Cipollone | Freedom lies at the heart of the European Union’s principles. Every EU citizen is… Read more
- IMF | A Strategy for European Competitiveness June 21, 2024 Remarks by Kristalina Georgieva, IMF Managing Director, to the Eurogroup on a Strategy for European Competitiveness, Luxembourg As prepared for… Read more
- EIB Board of Directors approves €12.8 billion new financing for transport, energy and business investment June 21, 2024 €5 billion for high-speed rail, urban transport and upgrading ports €2.6 billion for onshore wind, upgrading electricity grids, small scale… Read more
- European Commission | European Semester Spring Package provides policy guidance to enhance the EU’s competitiveness and resilience, and maintain sound public finances June 21, 2024 The Commission is today providing policy guidance to Member States under the 2024 European Semester Spring Package to build a robust and… Read more
- European Commission | EU Budget 2025 aims to reinforce funding for Europe’s priorities June 20, 2024 The Commission has today proposed an annual EU budget of €199.7 billion for 2025. The budget will be complemented by… Read more
- IMF | Fiscal Policy Can Help Broaden the Gains of AI to Humanity June 17, 2024 Blog post by Era Dabla-Norris, Ruud de Mooij | New generative-AI technologies hold immense potential for boosting productivity and improving the delivery… Read more
- ECB | Making the digital euro truly private June 13, 2024 Blog post by Maarten G.A. Daman | Many people appreciate privacy when paying, and want their data protected. Current electronic… Read more
- European Council | Trans-European transport network (TEN-T): Council gives final green light to new regulation ensuring better and sustainable connectivity in Europe June 13, 2024 Today the Council adopted a revised regulation regarding EU guidelines for the development of the trans-European transport network (TEN-T). The… Read more
- ECB | Why Europe must safeguard its global currency status June 12, 2024 Blog post by Piero Cipollone | For the last quarter of a century, the euro has been a key global… Read more
- IMF | Dollar Dominance in the International Reserve System: An Update June 11, 2024 The US dollar continues to cede ground to nontraditional currencies in global foreign exchange reserves, but it remains the preeminent… Read more
- European Parliament | Election 2024: Updated seat projection for new European Parliament June 10, 2024 Updated projection for the composition of the new Parliament based on final and provisional results in 26 countries and pre-electoral… Read more
- European Commission | European elections: EU institutions prepared to counter disinformation June 6, 2024 The EU institutions are playing their part to defend the European elections on 6-9 June against disinformation and information manipulation… Read more
- European Commission | EU Civil Protection Forum assesses how to improve EU crisis response June 4, 2024 Today and tomorrow, the European civil protection community will discuss lessons learned and ways forward in civil protection during the… Read more
- European Commission | Commission establishes AI Office to strengthen EU leadership in safe and trustworthy Artificial Intelligence June 3, 2024 Today the Commission has unveiled the AI Office, established within the Commission. The AI Office aims at enabling the future development, deployment… Read more
- IMF | Why I Remain Optimistic About Global Economic Cooperation May 31, 2024 Acceptance Speech by Kristalina Georgieva, IMF Managing Director, Venice, Italy President Mattarella, Governor Visco, Mayor Brugnaro; Professors Lippiello and La… Read more
- European Council | Industrial policy: Council gives final approval to the net-zero industry act May 29, 2024 The Council has today adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem,… Read more
- OECD | Developed countries materially surpassed their USD 100 billion climate finance commitment in 2022 May 29, 2024 Developed countries provided and mobilised USD 115.9 billion in climate finance for developing countries in 2022, exceeding the annual 100… Read more
- IMF | Europe Can Reap Sizable Energy Security Rewards by Scaling Up Climate Action May 29, 2024 Meeting the continent’s emission reduction targets could enhance energy security metrics by 8 percent by 2030—and that would be just… Read more
- ECB | Tracking euro area wages in exceptional times May 23, 2024 Blog post by Sarah Holton and Gerrit Koester | The ECB wage tracker – an important tool used to assess… Read more
- Biden-Harris Administration Announces Preliminary Terms with Absolics to Support Development of Glass Substrate Technology for Semiconductor Advanced Packaging May 23, 2024 Proposed CHIPS Investment Would Support Construction of New Manufacturing Facility and Over 1,200 Jobs in Covington, Georgia Today, the Biden-Harris… Read more
- European Commission | Statement of President von der Leyen, Executive Vice-President Šefčovič and Commissioner Simson on the 2nd anniversary of the REPowerEU Plan to phase out Russian fossil fuel imports May 22, 2024 When Russia invaded Ukraine, and turned its energy resources into an economic weapon against Europe, our reaction was rapid and… Read more
- ECB | Consumer credit: Who’s applying for loans now? May 22, 2024 Blog post by Omiros Kouvavas, Athanasios Tsiortas | Recent results from the ECB’s Consumer Expectations Survey (CES) show a substantial increase in… Read more
- U.S. Secretary of Commerce Gina Raimondo Releases Strategic Vision on AI Safety, Announces Plan for Global Cooperation Among AI Safety Institutes May 21, 2024 Today, as the AI Seoul Summit begins, U.S. Secretary of Commerce Gina Raimondo released a strategic vision for the U.S.… Read more
- IMF | IMF’s Regional Economic Outlook for Europe: Turning the Recovery into Enduring Growth May 21, 2024 A soft landing for Europe’s economies—bringing inflation back to target with a moderate economic cost in terms of growth—is within… Read more
- European Commission | Spring 2024 Economic Forecast: A Gradual Expansion Amid High Geopolitical Risks May 15, 2024 The EU economy staged a comeback at the start of the year, following a prolonged period of stagnation. Though the… Read more
- ECB | Low for Long? Reasons for the Recent Decline in Productivity May 6, 2024 Blog post by Óscar Arce and David Sondermann | Over the first two decades of the currency union, labour productivity… Read more
- CHIPS for America Announces $285 million Funding Opportunity for a Digital Twin and Semiconductor CHIPS Manufacturing USA Institute May 6, 2024 Today, the Biden-Harris Administration issued a Notice of Funding Opportunity (NOFO) seeking proposals from eligible applicants for activities to establish and… Read more
- IMF | Georgieva: the World Needs a Strong, Cohesive Europe May 3, 2024 Keynote Address by Kristalina Georgieva, IMF Managing Director, at the Annual EU Budget Conference 2024. What a pleasure to be… Read more
- U.S. Department of Commerce Celebrates World Trade Month 2024 May 3, 2024 On May 1, U.S. Secretary of Commerce Gina Raimondo celebrated World Trade Month by reaffirming the Biden-Harris Administration’s commitment to… Read more
- European Commission | Global Gateway: Scaling up Sustainable Finance in EU Partner Countries April 30, 2024 The European Commission received today the final recommendations of the High-Level Expert Group on scaling up sustainable finance in low-and… Read more
- U.S. Department of Commerce Announces New Actions to Implement President Biden’s Executive Order on AI April 29, 2024 Announcements include draft guidance documents, a draft plan for international standards, and a new measurement program opening for public comment… Read more
- Commission proposes Association Agreement with Andorra and San Marino to the Council April 29, 2024 The Commission has today adopted proposals for Council decisions on the signing and provisional application, as well as on the… Read more
- Commission Mobilizes Research and Innovation Funding for the Green and Digital Transitions April 17, 2024 The Commission has adopted an amendment to the 2023-24 Work Programme of Horizon Europe, the EU’s research and innovation programme.… Read more
- IMF | Global Economy Remains Resilient Despite Uneven Growth, Challenges Ahead April 16, 2024 Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing almost as quickly as it… Read more
- IMF | Rising Cyber Threats Pose Serious Concerns for Financial Stability April 11, 2024 This blog is based on Chapter 3 of the IMF’s April 2024 Global Financial Stability Report | Cyberattacks have more than… Read more
- Biden-Harris Administration Announces Preliminary Terms with TSMC, Expanded Investment from Company to Bring World’s Most Advanced Leading-Edge Technology to the U.S. April 9, 2024 With Up to $6.6 Billion in Proposed CHIPS Direct Funding, TSMC Announces 2 Nanometer Technology at Second Fab and a… Read more
- IMF | Fast-Growing $2 Trillion Private Credit Market Warrants Closer Watch April 9, 2024 Blog post by Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto | The private credit market, in which specialized non-bank financial institutions such… Read more
- European Commission | Joint Statement EU-US Trade and Technology Council of 4-5 April 2024 in Leuven, Belgium April 5, 2024 The sixth ministerial meeting of the Trade and Technology Council (“TTC”) took place in Leuven, Belgium, on 4 and 5… Read more
- U.S. Remains World’s Top Destination for Foreign Direct Investment for 12th Consecutive Year April 3, 2024 The United States has been ranked as the top destination for foreign direct investment for the 12th consecutive year according… Read more
- Secretary Raimondo’s Meeting with Stakeholders on Open AI Models March 30, 2024 U.S. Secretary of Commerce Gina Raimondo and Assistant Secretary Alan Davidson gave remarks at a roundtable with leading AI developers,… Read more
- International Maritime Organization | IMO Agrees Possible Outline for Maritime “Net-zero Framework” March 28, 2024 IMO has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas… Read more
- ECB | Who Buys Bonds Now? How Markets Deal With a Smaller Eurosystem Balance Sheet March 25, 2024 Blog post by Federico Maria Ferrara, Tom Hudepohl, Pamina Karl, Tobias Linzert, Benoit Nguyen, Lia Vaz Cruz[1] | The Eurosystem… Read more
- European Commission | Eurobarometer Survey Shows Positive Perceptions About the Economy and the Quality of Life in the EU Regions March 25, 2024 On March 25th the Commission published a Flash Eurobarometer conducted at the regional level, showing that EU citizens look positively at… Read more
- IMF | Executing a Soft Landing for a Lasting Recovery [in Europe] March 25, 2024 Speech by Alfred Kammer, Director – European Department, IMF | Thank you, Dean Muštra, for your opening remarks and Governor… Read more
- EU Commission | The EU in 2023: Succeeding amidst challenging times March 22, 2024 At a time of increased geopolitical tensions, the EU has continued to successfully tackle the issues that concern Europeans most… Read more
- IMF | More Work is Needed to Make Big Banks Resolvable March 21, 2024 Blog post by Tobias Adrian and Marc Dobler | Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion… Read more
- EU Commission | Improving the quality of traineeships in the EU March 21, 2024 Trainees all over the EU will benefit from better quality traineeships thanks to new Commission proposals. They will improve and… Read more
- OECD | Steady Progress in the Implementation of the BEPS Action 6 Minimum Standard: Latest Peer Review Results March 21, 2024 Members of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) continue to make steady progress in the implementation of the… Read more
- Commission Sets Out Key Steps for Managing Climate Risks to Protect People and Prosperity March 13, 2024 The European Commission has published a Communication on managing climate risks in Europe on March 13th. It sets out how… Read more
- OECD | Governments and Firms Need to Address the Key Risks from a Sharp Increase in Global Bond Borrowing March 11, 2024 At the end of 2023, the total volume of sovereign and corporate bond debt stood at almost USD 100 trillion,… Read more
- European Council | Statement of the Eurogroup in Inclusive Format on the Future of Capital Markets Union March 11, 2024 Open, well-functioning, and integrated European capital markets are crucial to promote the single market and to attract the necessary investments,… Read more
- IMF | Chart of the Week: International Trade Red Sea Attacks Disrupt Global Trade March 8, 2024 In the first two months of 2024, Suez Canal trade dropped by 50 percent from a year earlier while trade… Read more
- IMF | Dependence on Credit to Boost Demand Imperils the World Economy – We Must Correct the Underlying Imbalances March 6, 2024 Article by Atif Mian in the IMF’s Finance & Development Magazine | Nature requires balance—between predator and prey in the… Read more
- European Commission | EU Secures Results at WTO Ministerial but Important Work Remains to Reform Global Trade Rulebook March 4, 2024 The European Commission was instrumental in brokering important outcomes at the 13th ministerial meeting of the World Trade Organization (MC13)… Read more
- OECD | Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors February 29, 2024 It is my great pleasure to report to you ahead of your first meeting under the Brazilian G20 Presidency. Tax… Read more
- OECD | International Trade Statistics: Trends in Fourth Quarter 2023 February 26, 2024 G20 merchandise trade growth flattens while services trade rises moderately in Q4 2023. After several quarters of decline, G20 merchandise… Read more
- IMF | How the G20 Can Build on the World Economy’s Recent Resilience February 26, 2024 Blog post by Kristalina Georgieva | It’s fitting that G20 finance ministers and central bank governors will meet this week… Read more
- European Commission | EU Adopts 13th Package of Sanctions Against Russia After Two Years of its War of Aggression Against Ukraine February 23, 2024 The Commission welcomes the Council’s adoption of a 13th package of sanctions against Russia. Two years since Russia brutally invaded… Read more
- ECB | Digital euro: Debunking banks’ fears about losing deposits February 21, 2024 Blog post by Ulrich Bindseil, Piero Cipollone and Jürgen Schaaf | On 18 October 2023 the ECB’s Governing Council outlined the… Read more
- EIB | Investment Report 2023/2024: Transforming for Competitiveness. February 20, 2024 Preface by Debora Revoltella, Director of the Economics Department | The digital and green transitions, combined with a growing roll-back… Read more
- European Parliament | Greenwashing: How EU Firms Can Validate Their Green Claims February 15, 2024 The Internal Market and Environment committees adopted on Wednesday their position on the rules on how firms can validate their… Read more
- Speech ECB | Preserving people’s freedom to use a public means of payment: insights into the digital euro preparation phase February 14, 2024 By Piero Cipollone, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary Affairs of… Read more
- ECB | Eurosystem Accepts a Fifth Rating Agency February 12, 2024 Blog post by Diana Gomes and Anamaria Piloiu | The Eurosystem has accepted Scope as a new rating agency alongside… Read more
- European Parliament | Deal on Plans to Boost Europe’s Net-Zero Technology Production February 6, 2024 On Tuesday, Parliament and Council negotiators reached a provisional deal on the Net-Zero industry Act to bolster EU production in… Read more
- Commission Presents Recommendation for 2040 Emissions Reduction Target to Set the Path to Climate Neutrality in 2050 February 6, 2024 The Commission has today published a detailed impact assessment on possible pathways to reach the agreed goal of making the… Read more
- European Council | EU leaders agree on additional funding for the EU Budget and more support for Ukraine February 5, 2024 Special European Council, 1 February 2024 EU leaders greenlit additional funding for the multiannual financial framework 2021-2027 and discussed support for Ukraine. They… Read more
- OECD | Growth continuing at a modest pace through 2025, inflation declining to central bank targets February 5, 2024 Global growth is holding up, while the pace of growth remains uneven across countries and regions, and inflation is still… Read more
- European Council | Multiple vote share structures: Council and Parliament adopt provisional agreement to ease SMEs’ access to finance February 2, 2024 The Council and the European Parliament today reached a provisional agreement on the directive on multiple-vote share structures for companies… Read more
- Office of the US Trade Representative | Readout of Crafting the Green Transatlantic Marketplace Stakeholder Event under the Transatlantic Initiative for Sustainable Trade February 2, 2024 WASHINGTON – On January 30 and 31, the Office of the United States Trade Representative and the European Union Directorate-General for… Read more
- US Department of State | Secretary Antony J. Blinken And European Commission Executive Vice President Margrethe Vestager At the Fifth U.S.-EU Trade and Technology Council Ministerial Meeting February 1, 2024 SECRETARY BLINKEN: Well, good morning, everyone. It is wonderful to have our friends and colleagues from the EU here in Washington… Read more
- IMF | Emerging Markets Navigate Global Interest Rate Volatility January 31, 2024 Major emerging markets have shown resilience to global rate gyrations, but more challenging times could be ahead. Global interest rates… Read more
- European Commission | EU and US take stock of trade and technology cooperation January 31, 2024 Today, the European Union and the United States held the fifth meeting of the EU-US Trade and Technology Council (TTC) in Washington,… Read more
- ECB | Learning from crises: our new framework for euro liquidity lines January 31, 2024 The financial disruptions during the coronavirus pandemic and Russia’s invasion of Ukraine have once again underscored the importance of euro… Read more
- ECB steps up climate work with focus on green transition, climate and nature-related risks January 30, 2024 Increasing impact of climate crisis on economy and financial system drives need for more action ECB reaffirms commitment to ongoing… Read more
- IMF | Global Economy Approaches Soft Landing, but Risks Remain January 30, 2024 Policy focus must shift to repairing public finances and improving medium-term growth prospects. The clouds are beginning to part. The… Read more
- European Council | Mercury: Council ready to start talks with Parliament to completely phase out mercury in the EU January 30, 2024 Today the Council adopted its negotiating mandate for talks with the European Parliament on a proposal to phase out the use of… Read more
- ECB | The European Central Bank said 90% of big eurozone institutions don’t align with the Paris Agreement. What’s putting them most at risk is their exposure to companies in the energy sector. January 30, 2024 The misalignment with the EU climate transition pathway can lead to material financial, legal and reputational risks for banks. It… Read more
- European Commission | Commission proposes new initiatives to strengthen economic security January 29, 2024 The Commission adopted five initiatives to strengthen the EU’s economic security at a time of growing geopolitical tensions and profound… Read more
- European Commission | A stronger voice for workers in EU-based multinational companies January 24, 2024 Workers will be better represented in EU-based multinational companies thanks to new rules for the so-called European Works Councils (EWCs). These Councils ensure… Read more
- European Council | European Medicines Agency: Council gives final green light to the overhaul of its fee system January 23, 2024 Today, the Council formally adopted a regulation to modernise and simplify the structure of fees paid to the European Medicines… Read more
- OECD | Labour Market Situation Update: January 2024 January 18, 2024 OECD employment rate remains at record high in the third quarter of 2023 OECD employment and labour force participation… Read more
- European Council | Anti-money laundering: Council and Parliament strike deal on stricter rules January 18, 2024 The Council and Parliament found a provisional agreement on parts of the anti-money laundering package that aims to protect EU… Read more
- World Bank | Global Economics Prospects Report January 2024 Edition Summary January 16, 2024 Global growth is set to slow further this year, amid the lagged and ongoing effects of tight monetary policy, restrictive… Read more
- IMF | AI Will Transform the Global Economy. Let’s Make Sure It Benefits Humanity. January 16, 2024 AI will affect almost 40 percent of jobs around the world, replacing some and complementing others. We need a careful… Read more
- ECB | Households and non-financial corporations in the euro area: third quarter of 2023 January 12, 2024 Households’ financial investment increased at annual rate of 1.9% in third quarter of 2023, after 2.1% in previous quarter Non-financial corporations’ financing grew at… Read more
- OECD | The Global Minimum Tax and the taxation of MNE profit – Summary January 12, 2024 Background: The Global Minimum Tax (GMT) represents a major step forward in international cooperation on the taxation of multinational enterprises… Read more
- European Council | Strategic Technologies for Europe Platform: Council agrees its partial negotiating mandate January 11, 2024 Member states’ EU ambassadors today agreed on the Council’s partial negotiating mandate on the proposed Strategic Technologies for Europe Platform… Read more
- IMF | How Training and Advice Can Speed Cross-Border Payments and Cut Costs January 10, 2024 Cheaper cross-border payment services would benefit people and economies worldwide Kieran Murphy January 3, 2024 Faster, cheaper, and more transparent… Read more
- New York FED – Inflation Expectations Decline Across All Horizons January 10, 2024 NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2023 Survey of Consumer… Read more
- ECB | Inflation in the eastern euro area: reasons and risks January 10, 2024 Inflation in the eastern euro area: reasons and risks 10 January 2024 By Matteo Falagiarda Within the euro area, countries… Read more
- ECB publishes new statistics on the distribution of household wealth January 9, 2024 New experimental statistics on distribution of household wealth in euro area provide quarterly information to policy makers, in line with… Read more
- ECB | Climate Risks, the Macroprudential View December 13, 2023 ECB Blog post | Catastrophes caused by climate change, such as rising sea levels or more frequent extreme weather events,… Read more
- IMF | Maximizing The Benefits of Artificial Intelligence and Managing the Risks Will Require Innovative Policies with Global Reach December 13, 2023 Beginning in the 18th century, the Industrial Revolution ushered in a series of innovations that transformed society. We may be… Read more
- IMF | Financial Crimes Hurt Economies and Must be Better Understood and Curbed December 8, 2023 IMF Blog post | Policymakers need fuller view of consequences of illicit flows, including tallies of the fiscal, monetary, financial,… Read more
- OECD | Global Energy Crisis and Government Responses Drive a Significant Fall in Tax Levels in OECD Countries December 8, 2023 High energy prices triggered by Russia’s war of aggression against Ukraine prompted governments to reduce excise taxes during 2022, leading… Read more
- IMF | Benefits of Accelerating the Climate Transition Outweigh the Costs December 5, 2023 IMF Blog post | Ensuring a lower-carbon future is not only necessary but also good for the economy, according to… Read more
- European Commission | EU Leads Global Initiative at COP28 to Triple Renewable Energy Capacity and Double Energy Efficiency Measures by 2030 December 4, 2023 At the World Climate Action Summit in Dubai today, President Ursula von der Leyen launched the Global Pledge on Renewables… Read more
- European Commission | EU announces €175m Financial Support to Reduce Methane Emissions at COP28 December 4, 2023 Climate super-pollutants – including methane, nitrous oxide, hydrofluorocarbons, and tropospheric ozone – are responsible for over half of today’s warming.… Read more
- EU Commission President advances global cooperation on carbon pricing in high-level event at COP28 December 4, 2023 Commission President Ursula von der Leyen today hosted a high-level event at COP28 to promote the development of carbon pricing… Read more
- IMF | Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood December 1, 2023 The EU has been a global pioneer in the transition to decarbonize its economy and its immediate neighbors (EUN), namely,… Read more
- ECB | Survey on the Access to Finance of Enterprises: Continued Tightening in Reported Financing Conditions November 29, 2023 > Euro area firms signalled a continued increase in turnover, while higher labour, production and interest costs weighed on their… Read more
- Commission Proposes 166 Cross-border Energy Projects for EU Support to Help Deliver the European Green Deal November 29, 2023 November 28, the Commission is taking another step to make the EU’s energy system fit for the future by adopting… Read more
- Commission Welcomes Provisional Agreement on Modernizing Management of Industrial Emissions November 29, 2023 The Commission welcomes the provisional agreement reached last night between the European Parliament and the Council strengthening the current provisions… Read more
- IMF | World Needs More Policy Ambition, Private Funds, and Innovation to Meet Climate Goals November 27, 2023 Blog post by Simon Black, Florence Jaumotte, Prasad Ananthakrishnan | With each passing year, the stark reality of a hotter… Read more
- European Commission | EU and Ukraine Outline Plans for Sustainable Reconstruction in a High-level Conference November 27, 2023 From tomorrow to 1 December the Commission is hosting a high-level conference in Vilnius, Lithuania on the green recovery in… Read more
- IMF | Central Bank Digital Currency Development Enters the Next Phase November 21, 2023 Central bank digital currencies can improve payment systems as well as financial inclusion—if they are appropriately designed. If not, they… Read more
- European Commission | Autumn 2023 Economic Forecast: A modest Recovery Ahead After a Challenging Year November 17, 2023 The European economy has lost momentum this year against the background of a high cost of living, weak external demand… Read more
- European Parliament | Deal Reached on Stricter EU Rules for Waste Shipments November 17, 2023 On November 17, Parliament and Council reached a provisional agreement on revising EU procedures and control measures for waste shipments.… Read more
- European Commission | Readout of the meeting between EU Commissioner for Climate Action and China’s Special Envoy on Climate Change November 17, 2023 On 16 November, EU Commissioner for Climate Action, Wopke Hoekstra met China’s Special Envoy on Climate Change, Xie Zhenhua, in… Read more
- IMF | Central Banks Should Continue Digital Currency Development November 17, 2023 Keynote address of Kristalina Georgieva, Managing Director at Singapore Fintech Festival | President Tharman, excellencies, distinguished guests: good morning! It’s… Read more
- ECB | A European view on central banking and the economy November 16, 2023 The ECB Blog looked at how communication has become a key factor for the transmission of a central bank’s policies… Read more
- ECB | Global Production and Supply Chain Risks: Insights From a Survey of Leading Companies November 8, 2023 Although geopolitical risks and their effects on global production and trade are much debated, little empirical evidence has emerged of… Read more
- ECB | Record Labour Participation: Workforce Gets Older, Better Educated and More Female November 8, 2023 Blog post by Clémence Berson and Vasco Botelho, Senior Economists | The euro area labour market is in pretty good… Read more
- IMF | Regional Economic Outlook for Europe – Restoring Price Stability and Securing Strong and Green Growth November 8, 2023 After having dealt successfully with the challenges of the pandemic and the energy price shock triggered by Russia’s war in… Read more
- European Commission | The Combined Transport Directive Proposal – Questions and Answers November 7, 2023 What is Combined Transport Directive and why do we need this Directive? The Combined Transport Directive (92/106/EEC) is one of… Read more
- IMF | How Green Innovation Can Stimulate Economies and Curb Emissions November 6, 2023 Blog post by Zeina Hasna, Florence Jaumotte, Jaden Kim, Samuel Pienknagura and Gregor Schwerhoff | Making low-carbon technologies cheaper and… Read more
- European Commission | Joint Statement Following the Latest Meeting of the EU-US Task Force on Energy Security November 2, 2023 The EU-US Task Force on Energy Security met for the 11th time on October 31, 2023, convened by co-chairs Amos… Read more
- European Commission welcomes G7 leaders’ agreement on Guiding Principles and a Code of Conduct on Artificial Intelligence October 30, 2023 The Commission welcomes today’s agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code… Read more
- IMF | Global Trade Must Be Open and Predictable October 27, 2023 Remarks by the First Deputy Managing Director, Gita Gopinath at the Ninth IMF-WB-WTO Trade Research Conference Good morning. It is a… Read more
- EU-US Summit Joint Statement October 24, 2023 The United States and the European Union and its Member States, representing nearly 800 million citizens, united by our values… Read more
- EU Council Adopts a Trade Related Regulation to Protect the EU From Third-country Economic Coercion October 24, 2023 The Council has adopted a regulation to help the EU and its member states protect themselves from economic coercion by… Read more
- IMF | The European Outlook and Policymaking: Seeing Off Inflation and Pivoting to Longer-Term Reforms October 19, 2023 It was a presentation by Laura Papi, Deputy Director, European Department, IMF given at the Budapest Economic Forum on October… Read more
- European Commission | EU Foreign Investment Screening and Export Controls Help Underpin European Security October 19, 2023 The European Commission analysed over 420 foreign direct investments (FDI) into the EU over the past year, according to the… Read more
- ECB | Eurosystem Proceeds to Next Phase of Digital Euro Project October 19, 2023 The Governing Council of the European Central Bank (ECB) decided yesterday to move to the next phase of the digital… Read more
- European Commission carries out unannounced antitrust inspections in the construction chemicals sector October 17, 2023 The European Commission is carrying out unannounced antitrust inspections at the premises of companies active in the construction chemicals sector… Read more
- ECB | The international role of the euro October 13, 2023 Once a year the ECB publishes a report presenting an overview of developments in the use of the euro by… Read more
- IMF | Global Economic Outlook Navigating Global Divergences October 13, 2023 The Global recovery remains slow, with growing regional divergences and little margin for policy error The baseline forecast is for… Read more
- OECD | International Community Adopts Multilateral Convention to Facilitate Implementation of the Global Minimum Tax Subject to Tax Rule October 10, 2023 The OECD/G20 Inclusive Framework on BEPS has concluded negotiations on a multilateral instrument that will protect the right of developing… Read more
- IMF | How Managing Inflation Expectations Can Help Economies Achieve a Softer Landing October 9, 2023 Expectations increasingly drive inflation dynamics. Improvements in monetary policy frameworks can better inform people’s inflation expectations and thereby help reduce… Read more
- EU Commission welcomes completion of key ‘Fit for 55′ legislation, putting EU on track to exceed 2030 targets October 9, 2023 The Commission welcomes today’s adoption of two final pillars of its ‘Fit for 55′ legislative package for delivering the EU’s… Read more
- European Council | Migration policy: Council agrees mandate on EU law dealing with crisis situations October 4, 2023 Today, EU member states’ representatives reached an agreement on the final component of a common European asylum and migration policy.… Read more
- European Parliament | MEPs adopt new trade tool to defend EU from economic blackmail October 4, 2023 The main goal is to deter foreign powers from bullying the EU or its member states. Restrictions to trade, direct… Read more
- ECB | Careful embrace: AI and the ECB September 28, 2023 Blog post by Myriam Moufakkir, Chief Services Officer | The recent rise of artificial intelligence (AI) has led to a… Read more
- IMF | Countries That Close Gender Gaps See Substantial Growth Returns September 27, 2023 Narrowing the gap between the share of men and women who work is one of the very important reforms policymakers… Read more
- Commission Adopts Measures to Restrict Intentionally Added Microplastics September 26, 2023 Today, the Commission takes another major step to protect the environment by adopting measures that restrict microplastics intentionally added to products under the… Read more
- EUROPEAN COMMISSION | Digital Sovereignty: European Chips Act Enters Into Force September 25, 2023 On September 21, the European Chips Act entered into force. It puts in place a comprehensive set of measures to… Read more
- OECD Economic Outlook, Interim Report September 2023: Confronting Inflation and Low Growth September 21, 2023 The near-term global outlook is shaped by the increasingly visible impact of monetary policy tightening by most major central banks… Read more
- EU 2023 State of the Union Address by President von der Leyen September 18, 2023 INTRODUCTION – DELIVER TODAY, PREPARE FOR TOMORROW Honourable Members, In just under 300 days, Europeans will take to the polls… Read more
- European Council | UN General Assembly, New York, 18-22 September 2023 September 18, 2023 Agenda highlights The high-level week of the 78th session of the UN General Assembly starts on 18 September 2023. The… Read more
- OECD, IMF, WB, UN | The Platform for Collaboration on Tax Releases – New Report on Carbon Pricing Metrics September 14, 2023 The Platform for Collaboration on Tax (PCT) – a joint initiative of the IMF, OECD, UN and World Bank Group… Read more
- ECB | Faster green transition would benefit firms, households and banks, ECB economy-wide climate stress test finds September 12, 2023 European Central Bank | 6 September 2023 Frontloading green investment significantly reduces medium-term costs and risks facing households and firms… Read more
- IMF | Harnessing GovTech to Tax Smarter and Spend Smarter September 12, 2023 Digitalization, done right, can equip governments to improve revenue collection and spending efficiency. International Monetary Fund – September 7, 2023… Read more
- CER Policy Brief | Europe can withstand American and Chinese subsidies for green tech September 7, 2023 Policy brief by John Springford , Sander Tordoir | Published 12 June 2023. CER study raises concerns about wasteful European… Read more
- ECB | Need for speed on the Road to Paris September 6, 2023 Blog post by Luis de Guindos, Vice-President of the European Central Bank | Moving towards carbon neutrality as quickly and… Read more
- ECB | Europe Needs to Think Bigger to Build its Capital Markets Union September 1, 2023 Blog post by Fabio Panetta, Member of the ECB’s Executive Board | With rising geopolitical tensions and urgent global challenges… Read more
- OECD | The Taxation of Labor vs. Capital Income: Focus on High Earners August 31, 2023 Recent years have seen growing interest in differences between labour and capital income taxation. New stylised effective tax rates show… Read more
- EU Commission | Yes, The Sanctions Against Russia Are Working August 31, 2023 Blog post by Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President of… Read more
- EIB | How Central and Eastern European companies are investing — findings from the EIB Group Investment Survey August 30, 2023 The European Investment Bank (EIB) has published the results of a survey on the investment levels in CEE companies —… Read more
- IMF | The High Cost of Global Economic Fragmentation August 28, 2023 Growing trade restrictions may reverse economic integration and undermine the cooperation needed to protect against new shocks and address global… Read more
- EU Commission | Detailed reporting rules adapted for the Carbon Border Adjustment Mechanism’s transitional phase August 21, 2023 The European Commission adopted today the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional… Read more
- EU Circular economy: New law on more sustainable, circular and safe batteries enters into force August 17, 2023 A new law to ensure that batteries are collected, reused and recycled in Europe is entering into force today. The… Read more
- Commission adopts detailed reporting rules for the Carbon Border Adjustment Mechanism’s transitional phase August 17, 2023 The European Commission adopted today (Aug 17th) the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during… Read more
- ESMA performs an analysis of the cross-border investment activity of firms July 31, 2023 The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, and national competent authorities (NCAs) completed… Read more
- FSB | Final Reflections on the LIBOR Transition July 28, 2023 In 2013, the Financial Stability Board (FSB) established the Official Sector Steering Group (OSSG) with the view of promoting the… Read more
- Chips Act: EU Council gives its final approval July 25, 2023 The Council has today approved the regulation to strengthen Europe’s semiconductor ecosystem, better known as the ‘Chips Act’. This is… Read more
- IMF | Europe Should Tighten Monetary Policy Further July 24, 2023 Higher interest rates soon would prevent more economic pain later The European Central Bank could prevent inflation expectations from becoming… Read more
- Trade with the United States: EU Council authorises negotiations on EU-US Critical Minerals Agreement July 21, 2023 The Council today adopted a decision authorising the Commission to open negotiations, on behalf of the EU, with the United… Read more
- Eurobarometer: Majority of Europeans consider that the green transition should go faster July 21, 2023 A huge majority of Europeans believe climate change is a serious problem facing the world (93%), according to a new Eurobarometer… Read more
- Cyber resilience act: member states agree common position on security requirements for digital products July 19, 2023 With a view to ensuring that products with digital components, such as connected home cameras, smart fridges, TVs, and toys,… Read more
- EU Commission presents Global Gateway Investment Agenda with Latin America and Caribbean July 18, 2023 During today’s EU-LAC Business Round Table as part of the EU-CELAC Summit, President Ursula von der Leyen has presented the EU-LAC Global Gateway Investment Agenda (GGIA),… Read more
- IMF | Crypto Needs Comprehensive Policies to Protect Economies and Investors July 18, 2023 Establishing effective policies has become a priority for authorities amid the failure of some exchanges and collapse of certain crypto… Read more
- G7: Joint declaration of support for Ukraine July 17, 2023 We, the Leaders of the Group of Seven (G7), reaffirm our unwavering commitment to the strategic objective of a free,… Read more
- U.S. FED | Big Shocks Travel Fast: Why Policy Lags May Be Shorter Than You Think July 14, 2023 SPEECH by Governor Christopher J. Waller at the Money Marketeers of New York University, New York, New York | Thank… Read more
- IMF | Weak Global Economy, High Inflation, and Rising Fragmentation Demand Strong G20 Action July 13, 2023 When the G20 finance ministers and central bank governors meet in Gandhinagar next week, the world will be looking for… Read more
- FTC | Crypto platform Celsius feels the heat from FTC lawsuit alleging unfair and deceptive practices July 13, 2023 When it comes to law enforcement action against unlawful conduct in the cryptocurrency marketplace, the temperature is rising, according to… Read more
- FTC | Share your perspectives on the Health Breach Notification Rule July 12, 2023 Ask people about the records they consider the most private and they may say personal health data. (If they misunderstand… Read more
- EU-U.S. Task Force on Energy Security reviews the progress on energy security situation July 11, 2023 The EU-U.S. Task Force on Energy Security met virtually on 6 July 2023 to discuss the implementation of the 25… Read more
- Data Protection: European Commission adopts new adequacy decision for safe and trusted EU-US data flows July 11, 2023 On 10 July 2023, the European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework. The decision concludes… Read more
- Eurobarometer: Europeans show strong support for the EU energy policy and for EU’s response to Russia’s invasion of Ukraine and more optimism regarding economy July 10, 2023 The latest Standard Eurobarometer survey conducted in June 2023 and published today shows that EU citizens continue to back overwhelmingly… Read more
- EU Council adopts new regulation on batteries and waste batteries July 10, 2023 The Council today adopted a new regulation that strengthens sustainability rules for batteries and waste batteries. The regulation will regulate… Read more
- ECB surveys Europeans on new themes for euro banknotes July 10, 2023 Europeans invited to express preferences on shortlisted themes in public survey open until 31 August 2023 ECB’s Governing Council expected to… Read more
- Interview with Christine Lagarde, President of the ECB, conducted by Geneviève Van Lède on 5 July 2023 July 7, 2023 How would you rank the Rencontres économiques d`Aix-en-Provence on the international stage − as the Provence version of Davos? I… Read more
- FSB | Addressing Structural Vulnerabilities from Liquidity Mismatch in Open-Ended Funds – Revisions to the FSB’s 2017 Policy Recommendations: Consultation report July 6, 2023 A key structural vulnerability from asset management activities is a potential mismatch between the liquidity of fund investments and the… Read more
- Circular economy for textiles: taking responsibility to reduce, reuse and recycle textile waste and boosting markets for used textiles July 5, 2023 Today, the Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support… Read more
- Conclusion of Swedish Presidency of the Council of the European Union July 3, 2023 Today marks the conclusion of Sweden’s Presidency of the Council of the European Union. One of the top priorities in… Read more
- U.S. FED | Speech by Chair Powell on financial stability and economic developments June 30, 2023 Chair Jerome H. Powell at the Banco de Espana Fourth Conference on Financial Stability, Madrid, Spain | 29 June 2023… Read more
- Single Currency Package: new proposals to support the use of cash and to propose a framework for a digital euro June 29, 2023 The European Commission has today put forward two proposals to ensure that citizens and businesses can continue to access and… Read more
- ECB | Why Europe needs a digital euro June 28, 2023 The digital euro is a necessary step to ensure that our monetary system keeps up with digital advances. It will… Read more
- FSB | Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities – Consultative document June 27, 2023 Financial institutions rely on third-party service providers for a range of services, some of which support their critical operations. These… Read more
- Russia’s war of aggression against Ukraine: EU adopts 11th package of economic and individual sanctions June 26, 2023 The Council adopted today an eleventh package of economic and individual restrictive measures intended to strengthen existing EU sanctions and… Read more
- ECB Speech | Christine Lagarde: Remarks at the Summit for a new global financing pact June 23, 2023 Speech by Christine Lagarde, President of the ECB, at the Summit for a new global financing pact in Paris |… Read more
- IMF | Trade and Technology’s Intersecting Paths June 23, 2023 Advances in technology affect trade and vice versa Technological change is exciting and scary, empowering us to do more with… Read more
- OECD Forum on Tax Administration launches peer-to-peer support for developing countries on the implementation of the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy June 22, 2023 13 June 2023 | Today, the OECD’s Forum on Tax Administration (FTA) Pillar Knowledge Sharing Network held its first virtual… Read more
- International use of the euro was resilient in 2022 June 22, 2023 21 June 2023 | Euro remains second most widely used currency, amid geopolitical risks and high inflation Euro’s share at… Read more
- EU budget: EU Commission proposes to reinforce long-term EU budget to face most urgent challenges June 21, 2023 The European Union (EU) has faced a series of unprecedented and unexpected challenges since the adoption of the Multiannual Financial… Read more
- ECB | More digital, more productive? Evidence from European firms June 21, 2023 Digitalisation has boosted some European firms’ productivity, but many are still on the digital sidelines. That is a pity as… Read more
- An EU approach to enhance economic security, Updated on 20 June 2023 June 20, 2023 The European Commission and the High Representative today published a Joint Communication on a European Economic Security Strategy. This Joint… Read more
- ECB Speech | Isabel Schnabel: The risks of stubborn inflation June 20, 2023 Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Euro50 Group conference on “New challenges… Read more
- Fair and simple taxation: better withholding tax procedures will boost cross-border investment and help fight tax abuse June 20, 2023 The European Commission has today proposed new rules to make withholding tax procedures in the EU more efficient and secure… Read more
- FTC | Privacy and security of genetic information: Putting DNA companies to the test June 16, 2023 Some secrets are so secret that no one knows about them. Until recently that described the secrets locked within our… Read more
- EU Antitrust: Commission sends Statement of Objections to Google over abusive practices in online advertising technology June 14, 2023 The European Commission has informed Google of its preliminary view that the company breached EU antitrust rules by distorting competition… Read more
- European Medicines Agency: EU Council agrees approach on a more modern and simplified fee structure June 13, 2023 EU health ministers have set out the Council’s position on a regulation to modernise and simplify the structure of the… Read more
- EU extends trade benefits for Ukraine June 12, 2023 The suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union – known as… Read more
- Migration policy: EU Council reaches agreement on key asylum and migration laws June 12, 2023 The Council today took a decisive step towards a modernisation of the EU’s rulebook for asylum and migration. It agreed… Read more
- ECB Speech | Luis de Guindos: EU banking package June 9, 2023 Contribution by Luis de Guindos, Vice-President of the ECB, at Seminar on the Capital Requirements Regulation and Directive (CRR/CRD) |… Read more
- ECB | The economy and banks need nature to survive June 8, 2023 Humanity needs nature to survive, and so do the economy and banks. The more species become extinct, the less diverse… Read more
- ECB | More jobs but fewer working hours June 7, 2023 Unemployment has declined since the peak of the pandemic in August 2020, hitting a record low this April. But while… Read more
- Banking Union and Capital Markets Union: high time to move on June 7, 2023 Keynote speech by Luis de Guindos, Vice-President of the ECB, at the Annual Joint Conference of the European Commission and… Read more
- Digital Health: EU Commission and WHO launch landmark digital health initiative to strengthen global health security June 6, 2023 Today, the European Commission and the World Health Organization (WHO) have announced the launch of a landmark digital health partnership.… Read more
- Protecting jobs and workers: Final report confirms SURE was crucial in mitigating impact of pandemic and supporting recovery June 5, 2023 In 2020, the Commission´s nearly €100 billion SURE instrument designed to protect jobs and incomes affected by the COVID-19 pandemic… Read more
- EDPS | Explainable Artificial Intelligence needs Human Intelligence June 2, 2023 Modern Artificial Intelligence (AI) models often work as opaque decision-making engines (black boxes); reaching conclusions without much transparency or explanations… Read more
- 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