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
- 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
- ECB | From “orderly transition” to “hot house world” – how climate scenarios can facilitate action November 18, 2022 A shared understanding of how climate change affects the economy can be the basis for global action. To help inform… Read more
- New OECD data highlight multinational tax avoidance risks and the need for swift implementation of international reform November 17, 2022 New data released today highlight continuing base erosion and profit shifting (BEPS) risks and the need to implement the two-pillar… Read more
- Speech by EU Commissioner Simson for the Opening of the EU Energy Day at COP27 November 16, 2022 “Check against delivery” Good morning, ladies and gentlemen, and welcome to the EU pavilion here at COP27, to open our… Read more
- Statement by President von der Leyen at the COP27 plenary meeting November 16, 2022 In February, in the same week that Russia invaded Ukraine, the IPCC issued a stark warning to the global community.… Read more
- EU Commission proposes stable and predictable support package for Ukraine for 2023 of up to €18 billion November 16, 2022 Following the European Council meeting of 20-21 October 2022, the Commission has today proposed an unprecedented support package for Ukraine… Read more
- ECB | Can Europe be a green innovation leader? November 15, 2022 Europe is punching below its weight in the climate-technology competition. The continent needs to facilitate risk capital markets and to… Read more
- IMF | Slowing Global Economic Growth is Increasingly Evident, High-Frequency Data Show November 14, 2022 While there are multiple headwinds weighing on growth, further policy tightening is expected amid the need to bring down elevated… Read more
- Food security: the EU Commission addresses the availability and affordability of fertilisers in the EU and globally November 14, 2022 Fertilisers play a significant role for food security. Their production and their cost largely depend on natural gas. Following Russia’s… Read more
- FSB Chair’s letter to G20 Leaders: November 2022 November 11, 2022 The return of inflation, higher interest rates, record-high debt levels and geopolitical tensions threaten to expose vulnerabilities within the financial… Read more
- Military Mobility: EU proposes actions to allow armed forces to move faster and better across borders November 10, 2022 Today, the EU Commission and the High Representative put forward an Action Plan on Military Mobility 2.0 and a Joint… Read more
- EU Commission proposes new Euro 7 standards to reduce pollutant emissions from vehicles and improve air quality November 10, 2022 Today, the Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet… Read more
- ECB | Turning down the heat: how the green transition supports price stability November 9, 2022 We need to intensify the greening of our economies despite the energy crisis. Hastening the process will reduce the costs… Read more
- IMF/IEA | A Call to Clean Energy November 9, 2022 The global energy crisis highlights the need for a massive surge in clean energy investment The global energy crisis is… Read more
- EU Commission invests €3 billion in innovative clean tech projects to deliver on REPowerEU and accelerate Europe’s energy independence from Russian fossil fuels November 8, 2022 On November 3rd, the European Commission is launching the third call for large-scale projects under the EU Innovation Fund. With… Read more
- ECB | Painting the bigger picture: keeping climate change on the agenda November 7, 2022 If we do not account for the impact of climate change on our economy, we risk missing a crucial part… Read more
- ECB | Strong rules, strong banks: let’s stick to our commitments November 4, 2022 We need strong rules for strong banks. Basel III has what it takes. But planned EU laws might fall behind… Read more
- IMF | Getting Back on Track to Net Zero: Three Critical Priorities for COP27 November 4, 2022 The devastation and destruction of climate change will only worsen if we fail to act now Just this year we’ve… Read more
- ECB | Fabio Panetta: Mind the step: calibrating monetary policy in a volatile environment November 3, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the ECB Money Market Conference |… Read more
- ECB | Banks need to be climate change proof November 2, 2022 Banks must adapt the way they do business to account for climate-related and environmental risks. The ECB Blog takes a… Read more
- Digital Markets Act: rules for digital gatekeepers to ensure open markets enter into force November 1, 2022 Tomorrow, the EU Digital Markets Act (DMA) will enter into force. The new Regulation will put an end to unfair… Read more
- ECB | Results of the September 2022 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD) October 31, 2022 Tighter credit terms and conditions offered by banks to counterparties, mainly attributed to deterioration in general market liquidity and functioning… Read more
- Latin America: HR/VP Borrell to visit Uruguay and Argentina and co-chair CELAC-EU Ministerial October 28, 2022 High Representative/Vice President Josep Borrell will travel to Latin America, the third time of his current mandate, starting in Uruguay… Read more
- European Green Deal: EU Commission proposes rules for cleaner air and water October 26, 2022 Today the Commission is proposing stronger rules on ambient air, surface and groundwater pollutants, and treatment of urban wastewater. Clean… Read more
- Payments: EU Commission proposes to accelerate the rollout of instant payments in euro October 26, 2022 The Commission has today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses… Read more
- A Marshall plan for Ukraine: G7 Presidency and European Commission to invite experts to a conference on the reconstruction of the war-torn country October 25, 2022 Joint op-ed on Ukraine Reconstruction Conference by German Chancellor Olaf Scholz and President of the European Commission Ursula von der… Read more
- Russia/Ukraine: EEAS launches a new tool to help navigate in disinformation environment October 24, 2022 It’s been eight months since Russia launched its full-scale aggression against Ukraine. Already a year ago, in autumn last year,… Read more
- IMF | Europe Must Address a Toxic Mix of High Inflation and Flagging Growth October 24, 2022 Authorities must tighten macroeconomic policies to bring down inflation, while helping vulnerable households and viable firms cope with the energy… Read more
- U.S. FED | Welcoming remarks by Governor Bowman at “Toward an Inclusive Recovery” October 21, 2022 Welcome, and thank you for joining us to discuss topics important to the nation’s economy. This research seminar is part… Read more
- EU Commission makes additional proposals to fight high energy prices and ensure security of supply October 20, 2022 The Commission is today proposing a new emergency regulation to address high gas prices in the EU and ensure security… Read more
- ECB | Which workers are most affected by changes in the policy rate? October 19, 2022 The ECB Blog investigates how change in the policy rate affects wages very differently depending on characteristics of employees and… Read more
- Interview with Luis de Guindos, Vice-President of the ECB, conducted by Dalius Simenas on 10 October 2022 October 18, 2022 Some experts are sceptical whether monetary tightening and rapid raising of interest rates are an effective tool to tame inflation,… Read more
- Keynote Address by Executive Dombrovskis at Harvard Law School Event on “Power and Alliances: The Transatlantic Partnership in a Changing World” October 18, 2022 Ladies and gentlemen, It is truly an honour to be here in Harvard Law School. I am coming directly from… Read more
- DG COMP | Understanding the metaverse – a competition perspective October 17, 2022 By Friedrich Wenzel Bulst & Sophie De Vinck, DG Competition[1] Over the last two decades, our lives have become increasingly… Read more
- IMF | How Countries Should Respond to the Strong Dollar October 17, 2022 Policy responses to currency depreciation pressures should focus on the drivers of the exchange-rate moves and signs of market disruptions… Read more
- OECD | OECD presents new transparency framework for crypto-assets to G20 October 13, 2022 The OECD delivered today a new global tax transparency framework to provide for the reporting and exchange of information with… Read more
- IMF | The IMF cut its 2023 global economic forecast to 2.7% October 12, 2022 Growth is projected to slow to 2.7% as the war in Ukraine, inflation, and Covid recovery weigh on the world… Read more
- EIB and the European Union’s largest national promotional banks meet in Berlin to discuss recent initiatives and common challenges in Europe October 11, 2022 The European Investment Bank (EIB) and the five biggest European national promotional banks met to discuss the progress of existing… Read more
- IMF | How to Scale Up Private Climate Finance in Emerging Economies October 7, 2022 Scaling up private capital is crucial to finance vital low-carbon infrastructure projects, particularly in less developed economies Private climate financing… Read more
- Long-awaited common charger for mobile devices will be a reality in 2024 October 5, 2022 One single charger for all mobile phones and tablets – beneficial for the environment and for consumers USB Type-C port… Read more
- IMF | How Illiquid Open-End Funds Can Amplify Shocks and Destabilize Asset Prices October 4, 2022 Mutual funds holding hard-to-sell assets but offering daily redemptions can spark volatility and magnify the impact of shocks, especially in… Read more
- U.S. Fed | Speech by Vice Chair Brainard on global financial stability considerations for monetary policy in a high-inflation environment October 3, 2022 Global Financial Stability Considerations for Monetary Policy in a High-Inflation Environment by Vice Chair Lael Brainard at “Financial Stability Considerations… Read more
- An Exciting Month of September for the EACC Network September 30, 2022 EACC is where the Action is, join us & be part of it! Activities during the Month of September at… Read more
- ECB | Policy mix of the future: the role of monetary, fiscal and macroprudential policies September 30, 2022 Remarks by Luis de Guindos, Vice-President of the ECB, at a panel at the conference “Future of Central Banking” organised… Read more
- ECB | Natura finis magistra – acknowledging nature-related risks to make finance thrive September 30, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- Press statement by President von der Leyen on a new package of restrictive measures against Russia September 29, 2022 We wanted to present together the eighth package of sanctions. Last week, Russia has escalated the invasion of Ukraine to… Read more
- Minimum income: more effective support needed to fight poverty and promote employment September 29, 2022 Today, the Commission calls on Member States to modernise their minimum income schemes as part of the ongoing pledge to… Read more
- ECB | How do markets respond to war and geopolitics? September 28, 2022 Russia’s unprovoked invasion of Ukraine marks the return of geopolitical risk to Europe. Here the ECB blog looks at how… Read more
- Scaling up sustainable finance in low and middle-income countries: High-Level Expert Group kick-starts work September 27, 2022 The High-Level Expert Group (HLEG) on scaling up sustainable finance in low and middle-income countries meets in Brussels today for… Read more
- Speech by Executive Vice-President Timmermans at the Green Deal Summit in Prague September 26, 2022 “Check against delivery” Good morning everyone, It is a real pleasure to be here, to be back in the city… Read more
- EU Council adopts additional €5 billion assistance to Ukraine September 26, 2022 The EU Council today formally adopted the decision to provide € 5 billion of additional macro-financial assistance (MFA) to Ukraine,… Read more
- OECD | Tax policy is playing a key role in promoting economic recovery and responding to the energy price shock September 23, 2022 Tax policy is playing a critical role as countries seek to promote economic recovery from the COVID-19 pandemic and respond… Read more
- European Media Freedom Act: EU Commission proposes rules to protect media pluralism and independence in the EU September 22, 2022 The European Commission adopted today a European Media Freedom Act, a novel set of rules to protect media pluralism and… Read more
- ECB Interview | Bringing inflation back to target September 22, 2022 Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Florian Schmidt on 15 September 2022… Read more
- IMF | Regulating Crypto September 21, 2022 The right rules could provide a safe space for innovation Crypto assets have been around for more than a decade,… Read more
- EU@UNGA77: Multilateralism at work in times of crisis September 19, 2022 Every year at this time, world leaders gather in New York for the United Nations (UN) General Assembly. This year,… Read more
- Energy prices: EU Commission proposes emergency market intervention to reduce bills for Europeans September 16, 2022 The EU Commission is proposing an emergency intervention in Europe’s energy markets to tackle recent dramatic price rises. The EU… Read more
- IMF | Energy Shocks Amid Rapid Inflation Could Fuel Faster Wage Gains September 15, 2022 Billions of consumers around the world are seeing higher oil prices seep into the cost of living and wages. Filling… Read more
- EU State of the Union, 2022 September 14, 2022 “Democratic institutions must constantly gain and regain the citizens’ trust. We must live up to the new challenges that history… Read more
- ECB | What drives inflation expectations of women and men? September 14, 2022 Women and men shop differently and have different perceptions of prices and inflation. This ECB Blog post examines how inflation… Read more
- Aquila Clean Energy raises financing for 2.6 GW capacity renewable energy projects in Southern Europe with the support of InvestEU September 13, 2022 Financing of unprecedented EUR 1 billion built-to-sell construction facility including one of the biggest loans ever granted by the European Investment Bank… Read more
- ESAs warn of rising risks amid a deteriorating economic outlook September 12, 2022 The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) issued today their Autumn 2022 joint risk report. The… Read more
- OECD | Jobs outlook highly uncertain in the wake of Russia’s war of aggression against Ukraine September 9, 2022 OECD labour markets bounced back strongly from the COVID-19 pandemic, but the global employment outlook is now highly uncertain according… Read more
- Statement by Executive Vice-President Dombrovskis at the ECOFIN Press conference September 9, 2022 Thank you minister, good afternoon everyone. It is a pleasure to be back in Prague. Thank you for hosting us… Read more
- ECB temporarily removes 0% interest rate ceiling for remuneration of government deposits September 8, 2022 Ceiling for remuneration of government deposits to remain at deposit facility rate (DFR) or euro short-term rate (€STR), whichever is… Read more
- EU Commission proposes full suspension of Visa Facilitation Agreement with Russia September 7, 2022 Today, the Commission is proposing to fully suspend the EU’s Visa Facilitation Agreement with Russia. A country like Russia, waging… Read more
- European Fiscal Governance: A Proposal from the IMF September 6, 2022 ‘High debt and rising interest rates put a premium on improved governance to anchor fiscal policy in EU member states.’… Read more
- US/Digital: EU opens new Office in San Francisco to reinforce its Digital Diplomacy September 6, 2022 Today, the European Union opens its new office in San Francisco, California, a global centre for digital technology and innovation.… Read more
- IMF | Reimagining Money in the Age of Crypto and Central Bank Digital Currency September 2, 2022 The recent plunge in crypto assets has left investors numbed by losses and surely in doubt. But the future of… Read more
- Russian war adds uncertainty and volatility to EU financial markets September 1, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes the second Trends, Risks and Vulnerabilities… Read more
- Support for fossil fuels almost doubled in 2021, slowing progress toward international climate goals, according to new analysis from OECD and IEA August 31, 2022 Major economies sharply increased support for the production and consumption of coal, oil and natural gas, with many countries struggling… Read more
- ECB Speech | Monetary policy and the Great Volatility August 30, 2022 Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Jackson Hole Economic Policy Symposium organised… Read more
- FTC says data broker sold consumers’ precise geolocation, including presence at sensitive healthcare facilities August 29, 2022 When people seek medical care or visit other sensitive locations, they may think their presence is confidential. Little do most… Read more
- Statement from the Commission on clarifications discussed with Germany regarding investment protection in the context of the CETA agreement August 29, 2022 Brussels, 29 August 2022 | The EU and Canada are trusted and like-minded partners that share the same goals when… Read more
- International Cooperation on Civil Justice August 29, 2022 In parallel with the adoption of EU instruments in the area of civil and commercial law, the EU’s exclusive external… Read more
- State aid: EU Commission approves Italian market conform scheme to manage publicly guaranteed loans August 26, 2022 The European Commission has found Italy’s plan to enable the transfer of certain State guaranteed loans to a newly created… Read more
- Antitrust: EU Commission publishes market study on hotels’ distribution practices August 26, 2022 The European Commission published today the results of an external market study on the distribution practices of hotels in the… Read more
- Press release following the meeting between Clyde Caruana and Paschal Donohoe August 25, 2022 Clyde Caruana, Minister for Finance and Employment of Malta, and Paschal Donohoe, President of the Eurogroup and Minister for Finance… Read more
- ESMA updates the European Single Electronic Format reporting manual August 25, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today published the annual update of its Reporting… Read more
- EU Commission proposes fishing opportunities for 2023 in the Baltic Sea in an effort to recover species August 24, 2022 Today, the European Commission adopted its proposal for fishing opportunities for 2023 for the Baltic Sea. Based on this proposal,… Read more
- IMF | Achieving Net-Zero Emissions Requires Closing a Data Deficit August 23, 2022 High-quality, reliable, and comparable gauges are lacking. Here’s how to close the gap. Climate change is transforming the global investment… Read more
- FSB Annual Financial Report: 2021-22 August 22, 2022 This report contains the audited financial statements of the FSB, for the 12-month period from 1 April 2021 to 31… Read more
- IMF | Public Sector Must Play Major Role in Catalyzing Private Climate Finance August 18, 2022 Sharing the risks between public and private sectors would direct a greater share of the world’s financial assets to climate… Read more
- Ukraine: the EU has coordinated the delivery of more than 60,000 tonnes of life-saving assistance August 17, 2022 As of today, the EU has coordinated the delivery of 66,224 tonnes of in-kind assistance to Ukraine from 30 countries… Read more
- Federal Reserve Board announces final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services August 16, 2022 The Federal Reserve Board on Monday announced final guidelines that establish a transparent, risk-based, and consistent set of factors for… Read more
- COVID-19 vaccines: EU Commission and Moderna adapt delivery schedules for late summer and winter August 15, 2022 The European Commission and Moderna have reached an agreement to better address Member States needs for COVID-19 vaccines for the… Read more
- U.S. Fed | Speech by Governor Bowman on fighting inflation in challenging times August 12, 2022 Speech by Governor Michelle W. Bowman at the 2022 CEO & Senior Management Summit sponsored by the Kansas Bankers Association,… Read more
- The ECB’s new inflation target one year on August 11, 2022 As part of our monetary policy strategy review we adopted a new symmetric 2% inflation target. One year on, we… Read more
- IMF | Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures August 10, 2022 During the pandemic, central banks in both advanced and emerging market economies took unprecedented measures to ease financial conditions and… Read more
- Europe’s energy balancing act August 9, 2022 Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President of the European Commission… Read more
- New rights to improve work-life balance in the EU enter into application today August 8, 2022 As of today, all Member States must apply EU-wide rules to improve work-life balance for parents and carers adopted in… Read more
- IMF | Global Current Account Balances Widen Amid War and Pandemic August 4, 2022 ‘The war in Ukraine and resulting increase in commodity prices are expected to contribute to a further widening this year.’… Read more
- IMF | How Europe Can Protect the Poor from Surging Energy Prices August 3, 2022 “With fossil fuels likely to remain expensive for some time, governments should let retail prices rise to promote energy conservation… Read more
- Digital Economy and Society Index 2022: overall progress but digital skills, SMEs and 5G networks lag behind August 2, 2022 Today the European Commission published the results of the 2022 Digital Economy and Society Index (DESI), which tracks the progress made in… Read more
- European Commission disburses first tranche of the new €1 billion macro-financial assistance for Ukraine August 1, 2022 The European Commission, on behalf of the EU, has today disbursed the first half (€500 million) of a new €1… Read more
- IMF | Soaring Inflation Puts Central Banks on a Difficult Journey August 1, 2022 Upside risks to the inflation outlook remain large, and more aggressive tightening may be needed if these risks materialize. Central… Read more
- EU Member states commit to reducing gas demand by 15% next winter July 28, 2022 In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary… Read more
- Opening remarks of Executive Vice-President Timmermans at the Extraordinary Energy Council on security of energy supply in the EU July 27, 2022 “Check against delivery” Thank you Jozef. Dear Ministers We saw during the pandemic, the COVID crisis, that if the EU… Read more
- NIST | Information and Communications Technology (ICT) Risk Management in the Enterprise: Two Draft Special Publications Available for Comment July 26, 2022 NIST is posting two draft Special Publications (SP) on the Enterprise Impact of Information and Communications Technology (ICT) Risk, with… Read more
- Statement by the President of the European Commission following the political agreement on the Council Regulation on coordinated demand reduction measures for gas July 26, 2022 Today, the EU has taken a decisive step to face down the threat of a full gas disruption by Putin.… Read more
- Protocol on Ireland/Northern Ireland: EU Commission launches four new infringement procedures against the UK July 22, 2022 The European Commission has today launched four new infringement procedures against the United Kingdom for not complying with significant parts… Read more
- Save Gas for a Safe Winter: EU Commission proposes gas demand reduction plan to prepare EU for supply cuts July 21, 2022 The European Union faces the risk of further gas supply cuts from Russia, due to the Kremlin’s weaponisation of gas… Read more
- IMF | How a Russian Natural Gas Cutoff Could Weigh on Europe’s Economies July 20, 2022 ‘The partial shutoff of gas deliveries is already affecting European growth, and a full shutdown could be substantially more severe.’… Read more
- The sanctions against Russia are working July 20, 2022 Blog Post by Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President of… Read more
- Keynote speech by EU Commissioner McGuinness at the forum on protecting and facilitating investment in the single market July 19, 2022 Thank you very much, and good morning everyone, particularly those online, but also those in the room. And as Klaus… Read more
- EU digital diplomacy: Council agrees a more concerted European approach to the challenges posed by new digital technologies July 18, 2022 The Council today approved conclusions on EU digital diplomacy. Digital technologies have brought new opportunities and risks into the lives… Read more
- Statement by EU Commissioner Simson on the start of electricity trade between Ukraine and the EU July 18, 2022 The European Network of Transmission System Operators for Electricity announced today that electricity trade between Ukraine and the EU will… Read more
- Implementation of EU sanctions against Russia: EU Commission adopts proposal for “maintenance and alignment” package July 18, 2022 The European Commission has today adopted a joint (High Representative-Commission) proposal for a new package of measures to maintain and… Read more
- OECD | International tax reform: Multilateral Convention to implement Pillar One on track for delivery by mid-2023 July 14, 2022 Implementation of the international tax reform agreement to ensure multinational enterprises pay a fair share of tax wherever they operate… Read more
- U.S. FED | Speech: Crypto-Assets and Decentralized Finance through a Financial Stability Lens July 13, 2022 Speech by Vice Chair Lael Brainard at Bank of England Conference, London, United Kingdom on July 08, 2022 | Recent… Read more
- IMF | New Energy Imperative July 13, 2022 Russia’s invasion of Ukraine highlights the crisis and opportunity of the energy transition It is hard to look at a… Read more
- EU Commission welcomes return by Canada of gas pipeline turbine July 12, 2022 The European Commission welcomes the decision by Canada to return a natural gas pipeline turbine to Germany after its repair,… Read more
- Location, health, and other sensitive information: FTC committed to fully enforcing the law against illegal use and sharing of highly sensitive data July 12, 2022 Among the most sensitive categories of data collected by connected devices are a person’s precise location and information about their… Read more
- FSB Statement on International Regulation and Supervision of Crypto-asset Activities July 11, 2022 Crypto-assets and markets must be subject to effective regulation and oversight commensurate to the risks they pose, both at the… Read more
- Media Advisory – OECD launches first survey on Drivers of Trust in Public Institutions on Wednesday 13 July July 11, 2022 How much do people trust their government? And to what degree do a government’s competence and values influence trust in… Read more
- ECB | Frank Elderson, Isabel Schnabel: A catalyst for greening the financial system July 8, 2022 The ECB is taking action to reduce the carbon footprint in its portfolio and push banks to better manage climate… Read more
- ECB takes further steps to incorporate climate change into its monetary policy operations July 8, 2022 ECB to account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management, in line… Read more
- EU Commission presents new European Innovation Agenda to spearhead the new innovation wave July 7, 2022 Today, the Commission adopted a New European Innovation Agenda to position Europe at the forefront of the new wave of… Read more
- European Commission proposes first €1 billion tranche of the new macro-financial assistance for Ukraine July 6, 2022 The European Commission has today proposed a new €1 billion macro-financial assistance (MFA) operation for Ukraine as the first part… Read more
- FACT SHEET: U.S.-EU Trade and Technology Council Establishes Economic and Technology Policies & Initiatives July 6, 2022 Posted on May 16, 2022 | New Policies Will Strengthen Our Economic Partnership, and Update Rules of Global Economy Read… Read more
- Digital Services Package: Commission welcomes the adoption by the European Parliament of the EU’s new rulebook for digital services July 5, 2022 The Commission welcomes the adoption by the European Parliament of the Digital Services Act and Digital Markets Act, proposed by… Read more
- ESMA stress test of Central Counterparties finds clearing system resilient July 5, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the results of its fourth stress… Read more
- Sneak peek: how the EU Commission will enforce the DSA & DMA – Blog of Commissioner Thierry Breton July 5, 2022 Today marks a historic moment in digital regulation with the landslide vote by the European Parliament adopting the Digital Services Act (DSA) and Digital Markets… Read more
- IMF | Capital Markets Regulation Is Stronger, but Some Gaps Still Must be Closed July 1, 2022 ‘Countries have made substantial progress toward implementing capital markets regulatory reform, but important gaps remain and new challenges have raised… Read more
- 2022 Strategic Foresight Report: twinning the green and digital transitions in the new geopolitical context June 30, 2022 The Commission has today adopted the 2022 Strategic Foresight Report – “Twinning the green and digital transitions in the new… Read more
- G7 Leaders’ Communiqué – Executive summary June 29, 2022 We, the Leaders of the Group of Seven (G7), met in Elmau, Germany, on 26-28 June 2022, were joined by… Read more
- FTC alleges fraudsters used Walmart’s money transfer services to bilk consumers – while Walmart looked the other way June 29, 2022 Millions of Americans look to Walmart as their go-to place to pick up essentials. According to a complaint filed by… Read more
- OECD | Estonia: focus on structural reforms will underpin and boost recovery June 28, 2022 A renewed focus on structural reforms would help drive stronger growth and sustain living standards in Estonia as rising inflation,… Read more
- OECD Economic Outlook reveals heavy global price of Russia’s war against Ukraine June 28, 2022 Watch the live webcast of the press conference Russia’s invasion of Ukraine immediately slowed the recovery from the COVID-19 pandemic… Read more
- ECB | Price stability and policy transmission June 28, 2022 The euro area is facing a complex mix of shocks which are reducing growth and pushing up inflation, says President… Read more
- European Council, 23-24 June 2022 June 27, 2022 On 23-24 June 2022, the European Council adopted conclusions on Wider Europe, Ukraine, the membership applications from Ukraine, the Republic… Read more
- ESMA publishes results of its Call for Evidence on ESG ratings June 27, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a letter to the European Commission… Read more
- Joint Statement by President von der Leyen and President Biden on European Energy Security June 27, 2022 Following the further invasion of Ukraine, Russia continues to use natural gas as a political and economic weapon. Russia’s energy… Read more
- Joint statement by Vice-President for Interinstitutional Relations and Foresight Maroš Šefčovič, and Jan Christian Vestre, Norway’s Minister of Trade and Industry June 27, 2022 Vice-President for Interinstitutional Relations and Foresight, Maroš Šefčovič, and Jan Christian Vestre, Norway’s Minister of Trade and Industry, have released… Read more
- European Council conclusions on Ukraine, the membership applications of Ukraine, the Republic of Moldova and Georgia, Western Balkans and external relations, 23 June 2022 June 24, 2022 II. UKRAINE 4. The European Council discussed the Russian war of aggression against Ukraine in its different dimensions. The European… Read more
- Hydrogen & electric-powered aircraft: Towards Zero-Emission Aviation – Blog of Commissioner Thierry Breton June 24, 2022 The aviation sector, like many others, has been heavily impacted by the COVID shock. It is now confronted with the… Read more
- IMF | From 1980s Debt Crisis to Crypto Era, Financial Stability Monitoring is Always Evolving June 23, 2022 The IMF’s Global Financial Stability Report, introduced in 2002, was a step toward a more comprehensive assessment of risks in… Read more
- The battle of narratives around the food crisis June 22, 2022 Russia’s war against Ukraine threatens to create a global wave of hunger. We must urgently enable Ukraine to export its… Read more
- ECB | Frank Elderson: Good, bad and hopeful news: the latest on the supervision of climate risks June 22, 2022 Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of… Read more
- EU Consumer protection: TikTok commits to align with EU rules to better protect consumers June 21, 2022 Following dialogues with the Commission and the network of national consumer protection (CPC) authorities, TikTok has committed to align its… Read more
- Speech by Commissioner Simson at the Three Seas Business Forum: ‘Building a Balanced and Resilient Energy Sector in the Three Seas Region’ June 21, 2022 “Check against delivery” Good morning everybody. It’s great to be here in Riga today. We are going through an energy… Read more
- EU Commission sets out first analysis of the proposals stemming from the Conference on the Future of Europe June 20, 2022 The European Commission has today adopted a Communication setting out how it can follow up on the outcome of the… Read more
- The European Commission recommends to Council confirming Ukraine, Moldova and Georgia’s perspective to become members of the EU and provides its opinion on granting them candidate status June 20, 2022 Today, the European Commission presented its Opinions on the application for EU membership submitted by Ukraine, Georgia and the Republic… Read more
- IMF | How Crypto and CBDCs Can Use Less Energy Than Existing Payment Systems June 17, 2022 Environmentally conscious design can make a major difference in the energy efficiency of digital currencies. Most of the world’s central… Read more
- ECB Speech | Bringing European payments to the next stage: a public-private endeavour June 16, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the European Payments Council’s 20th anniversary… Read more
- Survey on Business Travel to the U.S. – Share your Experience with us! June 15, 2022 After more than a year of Pandemic-related travel restrictions and US embassy closures, international travel has resumed. However, members across… Read more
- ESMA reviews its 2021 contribution to the EU’s green and digital capital markets June 15, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its Annual Report reviewing its achievements… Read more
- European Commission and United States sign cooperation arrangement on preparedness and response to public health threats June 14, 2022 Following the statement by President Ursula von der Leyen and U.S. President Joe Biden marking the second Global COVID-19 Summit,… Read more
- EU Parliament | Women on boards: deal to boost gender balance in companies June 13, 2022 40% of non-executive director posts should go to the under-represented sex Dissuasive penalties for non-compliance Small and medium-sized enterprises with… Read more
- Deal reached on new rules for adequate minimum wages in the EU June 13, 2022 The minimum wage should be adequate to ensure a decent standard of living Right to redress for workers, their representatives… Read more
- Energy Markets: EU Commission presents short-term emergency measures and options for long-term improvements June 10, 2022 In response to several months of exceptionally high and volatile energy prices, the Commission sets out today a series of… Read more
- EU budget 2023: Empowering Europe to continue shaping a changing world June 9, 2022 The Commission has today proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated… Read more
- Deal on common charger: reducing hassle for consumers and curbing e-waste June 9, 2022 One single charger for frequently used small and medium-sized portable electronic devices Charging speed harmonised for devices that support fast… Read more
- IMF | How Replacing Coal With Renewable Energy Could Pay For Itself June 8, 2022 The world may gain an estimated $78 trillion over coming decades by making this energy transition. International negotiators can’t agree… Read more
- IMF | Response to High Food, Energy Prices Should Focus on Most Vulnerable June 7, 2022 ‘Countries should allow international prices to pass through to domestic prices while protecting households that are most in need.’ Governments… Read more
- OECD | Global plastic waste set to almost triple by 2060 June 7, 2022 The amount of plastic waste produced globally is on track to almost triple by 2060, with around half ending up… Read more
- After Covid-19 pandemic, the recovery of tourism sector builds on sustainability June 6, 2022 Tourism has been one of the sectors worst affected by the Covid-19 pandemic: hotels, restaurants, airlines and travel agencies had… Read more
- EU and US agree to strengthen coordination on the enforcement of export controls on Russia June 3, 2022 The European Commission and the US Commerce Department have agreed to strengthen coordination on the enforcement of export controls on… Read more
- ECB Speech | Preparing for euro area accession June 2, 2022 Introductory statement by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the Euro Accession… Read more
- Convergence Report reviews Member States’ preparedness to join the euro area and paves the way for Croatia’s euro adoption on 1 January 2023 June 2, 2022 Today, the European Commission has concluded that Croatia is ready to adopt the euro on 1 January 2023, bringing the… Read more
- IMF | Dollar Dominance and the Rise of Nontraditional Reserve Currencies June 1, 2022 The US dollar has long played an outsized role in global markets. It continues to do so even as the… Read more
- EU Commission | Business and consumer survey results for May 2022 May 31, 2022 Regular harmonised surveys are conducted by the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN) for different… Read more
- At the European Council, President von der Leyen reiterates support for Ukraine, welcomes leaders’ agreement on further sanctions against Russia May 31, 2022 On the first day of the special European Council taking place on 30-31 May, EU leaders agreed on the sixth… Read more
- EU leaders agree on new sanctions against Russia May 31, 2022 On the first day of the summit, the European Council adopted conclusions on Ukraine. The leaders were joined by Ukrainian… Read more
- Ukraine: The EU Commission proposes rules on freezing and confiscating assets of oligarchs violating restrictive measures and of criminals May 27, 2022 On 25 May 2022, the European Commission is proposing to add the violation of EU restrictive measures to the list… Read more
- OECD | Labour taxation rebounding as global economy recovers from COVID-19 pandemic May 26, 2022 Effective tax rates on labour rebounded in 2021 as the global economy recovered and many countries began withdrawing or scaling… Read more
- Twitter to pay $150 million penalty for allegedly breaking its privacy promises – again May 26, 2022 It’s FTC 101. Companies can’t tell consumers they will use their personal information for one purpose and then use it… Read more
- State of Schengen: EU Commission sets new priorities and new governance model May 25, 2022 Today, the Commission is presenting the State of Schengen Report 2022. This is the first time the Commission is presenting… Read more
- IMF | Globalization & Resilience May 24, 2022 Economists miscalculated the disruptions of the global financial crisis and the pandemic—and need to build better models Does globalization enhance… Read more
- Joint Statement between the European Commission and the United States on European Energy Security May 24, 2022 Russia has demonstrated that it is an unreliable supplier of energy to Europe through unjustified and unacceptable actions such as… Read more
- Cyber posture: EU Council approves conclusions May 24, 2022 On 23 May, 2022, the Council approved conclusions on developing the Union’s cyber posture. The posture aims to demonstrate the… Read more
- Questions and answers on the European Semester 2022 Spring Package May 23, 2022 What is included in this year’s European Semester Spring Package? The 2022 European Semester Spring Package includes: a Communication on… Read more
- European Semester Spring Package: Sustaining a green and sustainable recovery in the face of increased uncertainty May 23, 2022 The European Commission’s 2022 European Semester Spring Package provides Member States with support and guidance two years on from the… Read more
- ESMA study looks at reasons for lower costs in ESG funds May 23, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published a study looking at the potential reasons behind… Read more
- Ukraine: EU Commission presents plans for the Union’s immediate response to address Ukraine’s financing gap and the longer-term reconstruction May 20, 2022 Today, the Commission has set out plans in a Communication for the EU’s immediate response to address Ukraine’s financing gap,… Read more
- IMF | Why Countries Must Cooperate on Carbon Prices May 20, 2022 ‘An international floor price for carbon could speed the world’s transition to green energy without compromising countries’ competitiveness.’ Recent surges… Read more
- ECB Speech | Luis de Guindos: Building the Financial System of the 21st Century May 19, 2022 Speech by Luis de Guindos, Vice-President of the ECB, at the 20th annual symposium on “Building the financial system of… Read more
- REPowerEU: A plan to rapidly reduce dependence on Russian fossil fuels and fast forward the green transition May 19, 2022 The European Commission has today presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused… Read more
- REPowerEU: time to address our energy dependencies May 18, 2022 With the REPowerEU package adopted today, we are helping to provide a common, supportive, and coordinated response to the energy implications of Russia’s invasion… Read more
- ESMA consults on notifications for cross-border marketing and management of funds May 17, 2022 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is consulting stakeholders on the information and templates to… Read more
- EU-US Trade and Technology Council: strengthening our renewed partnership in turbulent times May 16, 2022 The EU and the US have today reaffirmed their close cooperation to address global trade and technology challenges in line… Read more
- ECB Speech | Fabio Panetta: Public money for the digital era: towards a digital euro May 16, 2022 Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the National College of Ireland |… Read more
- Joint Statement by President von der Leyen and President Biden on the meeting of the Trade and Technology Council May 16, 2022 At our June 2021 US-EU Summit, we established the US-EU Trade and Technology Council (TTC) to shape the rules of… Read more
- EU Commission welcomes political agreement on new rules on cybersecurity of network and information systems May 13, 2022 The Commission welcomes the political agreement reached today between the European Parliament and EU Member States on the Directive on… Read more
- State aid: EU Commission will phase out State aid COVID Temporary Framework May 13, 2022 The European Commission will phase out the State aid COVID Temporary Framework, adopted on 19 March 2020 and last amended… Read more
- U.S. FED | Plans for Reducing the Size of the Federal Reserve’s Balance Sheet May 13, 2022 Consistent with the Principles for Reducing the Size of the Federal Reserve’s Balance Sheet that were issued in January 2022,… Read more
- U.S. FED | Speech by Governor Waller on monetary policy in 2021 May 12, 2022 Reflections on Monetary Policy in 2021 | Speech by Governor Christopher J. Waller at the 2022 Hoover Institution Monetary Conference,… Read more
- Speech by President von der Leyen at the EP Plenary on the social and economic consequences for the EU of the Russian war in Ukraine – reinforcing the EU’s capacity to act May 12, 2022 “Check against delivery” Madam President, dear Roberta, Honourable Members, Next week, we will mark Europe Day. The 72nd birthday of… Read more
- Corporate taxation: EU Commission proposes tax incentive for equity to help companies grow, become stronger and more resilient May 11, 2022 The European Commission has today proposed a debt-equity bias reduction allowance, or DEBRA, to help businesses access the financing they… Read more