Winding Up Banks Safely

The Single Resolution Mechanism (SRM) is the EU system for the orderly winding-up of failing banks within the Banking Union, to avoid costly bail-outs. Since its establishment in 2015, the SRM has progressed in preparing for bank resolution, according to a new European Court of Auditors (ECA) report.  However, the auditors find that further steps are needed in certain crucial…

Setting a New Social-Ecological Contract

Despite a spectacular economic reaction to the pandemic crisis, the authors of the 2020 edition of the European “Bilan social’’, express concerns about the so-called ‘social affairs players’ being sidelined in the new Recovery and Resilience Facility, the “fuzzy” EU commitment to gender issues, the EU response to rising in-work poverty and the setting a new…

Drive to Reject MiFD

Socialists and Democrats in the European Parliament are leading the drive to reject the Markets in Financial Instruments Directive (MiFID) Quick Fix.On Thursday they voted against it in the European Parliament’s economic and monetary affairs committee.  The European Commission’s declared objective was to amend the MiFID regime to alleviate the impact of the Covid-19 crisis…

The Challenges of Teleworking

Despite all the benefits of teleworking, it is now important not to slide into a culture of “round-the-clock” availability of employees That was one of the messages to emerge from the European Economic and Social Committee (EESC) when it held a remote hearing on the challenges of teleworking. Bringing together EESC and European Parliament (EP) members, as…

Marketing Manchester

The world may still be gripped by a health pandemic but that has not stopped go ahead tourism chiefs in Britain’s 2nd City from looking beyond the coronavirus crisis. Marketing Manchester, the organisation that promotes Greater Manchester on the national and international stage and incorporates the tourism board and official website Visit Manchester, has revealed…

Belgian Royal British Legion

Did you know that about 6,000 British servicemen wed Belgian women and settled here after WW2? Or that Princess Margaret’s divorcee lover Peter Townsend was unceremoniously packed off to Brussels to avoid a scandal? If such things are new to you, then fascinating new research by Belgium-based UK expat Dennis Abbott will be right up…

Business Promotions

Kaisa Soro-Pesonen has been appointed Head of the Brussels Office of the Confederation of Finnish Industries (EK) as of 11 January 2021. Kaisa Soro-Pesonen has been in Brussels for 16 years. She is joining the Confederation of Finnish Industries from the Cabinet of Jutta Urpilainen, Commissioner for International Partnerships at the European Commission Prior to this, she served…

Fighting Anti-Semitism

The Commission and International Holocaust Remembrance Alliance have published a handbook for the practical use of the IHRA working definition of antisemitism This document was commissioned by the European Commission and published jointly with the International Holocaust Remembrance Alliance, with support from the German Presidency of the Council of the European Union. The IHRA working…

Working from Home

Three-quarters (75%) of UK office workers said that they would accept – or have accepted – a pay cut in return for a fully remote role that allows them to work from anywhere, according to new research from Citrix. The new data, based on a survey of 1,000 UK office workers and conducted by OnePoll,…