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TRANSATLANTIC NEWS

Chapter News, News

ECB | What Separates Firms That Use AI Intensively From Firms That Don’t?

Blog | The adoption rate of AI is rising rapidly, but the intensive use that drives transformation and generates macroeconomic gains remains rare. This blog explores what sets intensive AI users apart and what firms need to deeply integrate AI into their production processes. The advent of AI has been widely hailed as a driver of productivity growth. Yet simply adopting AI does not guarantee measurable improvements in firms’ efficiency. What does matter is what they use the new technology...
Chapter News, News

European Parliament | Digital Euro: MEPs Want to Ensure Sovereignty, Privacy and Financial Stability

  Secure, private and free-to-use means of payment, both online and offline Privacy safeguards built in Limits to individual holding, pilot testing and coordinated public awareness campaigns The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU providers. On Tuesday, the Economic and Monetary Affairs Committee adopted its position on the single currency package, consisting of three files. The one on the establishment of the digital euro was adopted by 43 votes to...
Chapter News, News

ECB | AI and the US Labour Market: Effects on Employment Growth

As firms around the world adopt AI tools, the impact of AI on labour markets is being widely discussed. While AI’s potential to disrupt job markets could be significant, its effects on aggregate employment appear to be muted so far. Still, there is growing evidence that AI is negatively affecting employment for specific occupational sub-groups, particularly junior workers in highly exposed occupations. This box analyses the effects of AI on employment growth in recent years, focusing on the United States, where...
Chapter News, News

IMF | The Energy Shock Is Testing Government Budgets

Blog | New policy tracker shows many governments pursuing costly responses to fuel and food price hikes, leaving less room to address future challenges. As governments move quickly to shield people and businesses from the energy shock caused by the war in the Middle East, early evidence suggests many countries are resorting to untargeted and potentially expensive policies amid tight budgets. If the recent peace talks lead to a quick normalization of trade and oil flows, and prices go back...
Chapter News, News

World Bank | Coal’s Unexpected Comeback: Middle East Conflict Drives a Return to Coal Power

Blog | This blog post is part of a special series based on the April 2026 Commodity Markets Outlook, a flagship report published by the World Bank. This series features concise summaries of commodity-specific sections extracted from the report. Australian thermal coal prices reached $150/mt in early June, fueled by supply disruptions in China, export uncertainty in Indonesia, and rising summer electricity demand, before retreating sharply after the announcement of an end to military operations in the Middle East. Earlier in March,...
Chapter News, News

European Commission | 2026 State of the Digital Decade Report Shows Progress but Urges Closing Structural Gaps to Reach 2030 Goals

The European Commission published the fourth State of the Digital Decade report, showing that Europe has made progress on its 2030 digital transformation targets, such as secure and sustainable digital infrastructures and the digitalisation of public services – but the challenge now is delivering results at scale, speed and consistency. The report comes as the Commission published the last Special Eurobarometer, showing that an overwhelming majority of Europeans rank digital policy as a top EU priority, firmly backing a more autonomous European digital future. The...

UPCOMING EACC EVENTS

New Member Welcome Coffee

The European American Chamber of Commerce is a network that brings together Europeans and Americans to engage in an open dialogue. Over the years we have built a community of like-minded European and American business executives who work together to further develop transatlantic trade relations.

    PARTNER EVENTS

      MEMBER NEWS

      Member News, News

      Trepp | Ten-Year Conduit Loans Are No Longer the Market’s Default Setting – Spreads Show Why They Still Matter

      In a recent TreppTalk blog, we looked at how five-year conduit loans moved from a niche execution to the dominant format for much of the CMBS conduit market. That shift is easier to see when viewed from the other side of the market: the retreat of the traditional 10-year conduit loan. For much of the last CMBS cycle, 10-year conduit lending was the standard template. It offered borrowers longer-term fixed-rate financing and gave bond investors a familiar structure around which...
      Member News, News

      Osborne Clarke | Planning, AI and Cyber Rule Changes Bring New Risks for UK and EU Data Center Development

      Operators, investors and advisers are contending with legal and regulatory uncertainty as data centre demand rises At a glance Large-scale data centres can now seek consent as nationally significant infrastructure, opening a new planning route in England. Grid access remains a significant constraint for AI Growth Zones in the UK, with a circular eligibility problem yet to be resolved. AI copyright disputes and tightening cyber resilience rules are creating new contractual and regulatory risk for operators across Europe. Data centre capacity...
      Member News, News

      ING | Eurozone Activity Remains Lacklustre as Price Pressures Ease

      The composite PMI increased from 48.5 to 49.5 in June. This still marks sluggish economic activity for the bloc, but the easing of price pressures indicated by the survey is encouraging. The combination of sluggish growth and fading inflation concerns marks a dovish reading for the ECB Despite most survey responses coming in before the Middle East deal was signed, the PMI had already ticked up a bit. But the increase to 49.5 would still indicate slightly declining activity according...
      Member News, News

      Bannockburn Capital Markets | Sterling Proves Resilient as Starmer Says Good Bye

      Conflicting news from the Middle East initially lifted oil prices and weighed om risk-taking appetites, but US-Iran negotiations continue and both sides report progress. Oil prices have come back off. The dollar is mostly firmer but so far has held above last week’s lows against the euro and sterling. The yen snapped a five-day slide ahead of the weekend but is softer today, and the greenback is knocking against the recent high (~JPY161.80). The Canadian dollar is extending is slide...
      Member News, News

      Wilson Sonsini | EU Data Act September 2026 Deadline: What Businesses Need to Know

      Starting September 12, 2026, connected products sold in the EU must be built with data access functionality. This alert discusses the new access-by-design obligation and provides practical steps for compliance. The New Access-by-Design Obligation The EU Data Act (Regulation (EU) 2023/2854) became applicable on September 12, 2025. Among other things, it requires data holders to provide users, upon request, with access to certain product data and related service data generated by connected products and related services. From September 12, 2026, an additional obligation will apply....
      Member News, News

      Houthoff | EU Listing Act: Key Changes Taking Effect on 5 June 2026

      The EU Listing Act is a legislative package aimed at simplifying listing requirements and making EU capital markets more attractive, particularly for SMEs and innovative scale-ups. Key amendments affect the EU Prospectus Regulation and the EU Market Abuse Regulation. The Act was published on 14 November 2024, and the changes are introduced on a staggered timeline. Some changes already took effect on 4 December 2024 and 5 March 2026. This contribution highlights the notable amendments becoming applicable on 5 June 2026. Key changes to the...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

       

      Sprintax specializes in helping nonresidents with their tax compliance. Specifically Sprintax Dividends helps individuals (investor or employee) and organizations who receive dividends from foreign stocks, to claim a refund of the excess DWT deducted from their dividend. Sprintax Calculus helps US organizations to tax nonresidents employees correctly and manage the organizations IRS withholding and reporting. Sprintax Returns assists nonresidents with their US federal and state tax returns.

       

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