Latest news
NYC is building A Green Manufacturing Center at Brooklyn Navy Yards
Friday, May 18th, 2012
Mayor Michael R. Bloomberg, Governor Andrew M. Cuomo, Brooklyn Borough President Marty Markowitz and State and City elected officials today announced that the Brooklyn Navy Yard Development Corporation will invest $46 million to build a Green Manufacturing Center in the Navy Yard. This New York City... continue reading
New Irish Corporate Structure for Funds
Thursday, May 17th, 2012
Investment funds in Ireland which use a corporate structure are incorporated as public limited companies (“plc”) under the Companies Acts. The new SICAV will be specifically designed for investment funds and therefore will not be subject to the rules of other forms of companies, thereby reducing... continue reading
EU Newsbrief: Lessons of the Financial Crisis – President Barroso Remarks to the UN
Thursday, May 17th, 2012
President Barroso highlighted Europe's robust response to the crisis that follows a twin track approach of stability and growth. "That means restoring sustainability to our public finances - because the crisis has shown that debt fuelled growth is unsustainable. And it means creating the conditions... continue reading
EU NEWSBRIEF: Making European Banks More Solid
Wednesday, May 16th, 2012
The European Union is set to make its banking sector more resilient to financial shocks following EU's Finance Ministers unanimously approving stricter capital requirements for banks and investment firms."The rules we are proposing are crucial: once adopted, they will profoundly alter the behavior and... continue reading
EU Recovery Forecast
Tuesday, May 15th, 2012
"A recovery is in sight, but the economic situation remains fragile, with still large disparities across Member States," said Olli Rehn, European Commission Vice-President for Economic and Monetary Affairs and the Euro."We are witnessing an ongoing adjustment of the fiscal and structural imbalances... continue reading
EACC-NY hosts EU Vice President and Commissioner for Industry and Entrepreneurship, Antonio Tajani
Monday, May 14th, 2012
On May 11, the European American Chamber of Commerce hosted a high profile, high energy gathering of senior level transatlantic business officials assembled at the New York Stock Exchange to welcome visiting European Union Vice President and Commissioner for Industry and Entrepreneurship, Antonio... continue reading
Tax Date: Monday 21 May: Commission presents annual Taxation Trends report
Monday, May 14th, 2012
On 21 May, the European Commission will present the 2012 edition of its Taxation trends report. This report takes stock of the tax systems in the Member States, including extensive and comparable data on their tax structures and rates. The report will include for the first time key data on property... continue reading
Noteworthy Event: May 18 & 19: The EU at the G8 summit in Camp David – “Acting together”
Monday, May 14th, 2012
There will be an outreach working lunch on 19 May to discuss food security with the following African leaders: President John Mills (Ghana), President Jakaya Kikwete (Tanzania), Prime Minister Meles Zenawi (Ethiopia), and the current Chairman of the African Union, President Yayi Boni from Benin. Leaders... continue reading
Beyond the institutions: Why Europe today?
Monday, May 14th, 2012
The banking and public debt crisis has affected public confidence in the strength of our economies. "Can Europe remain an attractive and competitive continent in a world which is changing so quickly?" Yet there is also an anxiety related to the European project. "Can the European Union offer the right... continue reading
Importance of ports for economic recovery and jobs
Monday, May 14th, 2012
Sea ports play an important role facilitating the European Union's external trade (90% of the total, in terms of weight) and internal market exchanges (40% of the total). They provide a service to many other industrial sectors and are nodal points of inter-modal logistic chains of key importance for... continue reading
