Maggiar calls for EU Budget With Strong Focus on SMEs

Ahead of the extraordinary European Council on the next Multiannual Financial Framework, SMEunited President Alban Maggiar has “reminded” European leaders on the priorities ahead.  Maggiar says Europe will only be able to provide welfare to its people, if it invests in future competitiveness, based on a greener and digital economy.  Therefore, Maggiar urges the European…

Calls for ECB to Combat Financial Crimes

MEPs on Wednesday asked the European Central Bank to step up its green credentials and address growing financial technology challenges. The resolution, setting out Parliament’s priorities on the European Central Bank‘s (ECB) future policies, spearheaded by Kostas Mavrides (S&D, CY), was approved on Wednesday by 452 votes in favour, 142 against and 33 abstentions following…

New EIB Investment in Oncology

The European Investment Bank (EIB) has agreed to provide €40 million to ITM Isotopen Technologien München AG (ITM), a company dedicated to the development, production and global supply of innovative diagnostic and therapeutic radiopharmaceuticals for use in Precision Oncology.  ITM will use the fresh funds for investments in research and development of a proprietary portfolio of…

Lebanon’s Central Bank Governor under political attack

The international community might initially have been relieved that Lebanon finally has a government, after over 100 days of protest and a time of great economic turmoil for the country. There is indeed a government led by Sunni technocrat Hassan Diab, which is a coalition of Hezbollah, Amal and the Free Patriotic Movement (FPM). However,…

Huawei: 2020 ‘make or break’ for EU 5G leadership

2020 will see 5G gather speed across Europe. For successful deployment, an inclusive and facts-based approach will be key, according to a debate held in Brussels on 16th January at Huawei’s Cybersecurity Centre in Brussels. The participants discussed how policymakers, operators and technology providers can get Europe on track towards speedy and inclusive 5G deployment….

Commission Launches Consultation on Social Europe

The European Commission has published a communication on building a strong social Europe for just transitions.  The Commission also launched a social partner consultation on fair minimum wages. European business supports the objective of a social market economy that works for people. The way forward is to improve the performance of labour markets and social systems…

All is not well beneath the surface of the global fertilizer industry

Amidst undulating prices and mixed newspaper headlines, 2019 has seen a number of shocks to the globally important but under-scrutinised fertilizer sector.  The industry has been hit by what is seen as mismanagement and poor decision making and has emerged as a target for questionable large-scale international practices. These developments have blighted the reputation of…

Green Deal: No More Investment in Fossil Fuels

Frans Timmermans, Executive Vice-President for the Green Deal, visited the premises of the European Investment Bank in Luxembourg yesterday where he addressed the EIB staff. The commission said that to achieve the ambition set by the Green Deal there are significant investment needs.  “We will only be able to meet these investment needs if we mobilise both the public and…

New Challenges for EU Products and Services

The coming years will see new prospects and challenges for European products and services, according to the European Economic and Social Committee (EESC).  Providing innovative, highly specialised products and services with well-recognised and certified key characteristics can boost European competitiveness, says the EESC. Unanimously adopted at its plenary session on 11 December, the EESC’s own-initiative…