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The adult Brits are deciding today about their country’s position in or out the European Union, in a referendum that Prime Minister David Cameron was forced by his party’s ultra-Eurosceptics in January 2013 to promise to conduct it, should the Conservative Party win a majority in the 2015 legislative election. This promise was then thought […]
It is indisputable that we are running a very important period regarding the trade relations between China and the EU. On the one hand, it is only today that the Commission’s online public consultation on future measures to prevent dumped imports from China is closing; a consultation which had earlier opened on 10 February. The EU is conducting […]
The leaders of the world’s 20 largest economies today endorsed overhauled global standards to crackdown on tax evasion and recognised the important contribution made by the OECD to help the Turkish presidency in achieving the goal of more inclusive growth. At their Summit in Antalya, Turkey, the G20 leaders committed to the implementation of the Base […]
European Youth Insights is a platform provided by the European Youth Forum and the European Sting, to allow young people to air their views on issues that matter to them. The following entry is written by by Allan Päll, secretary general of the European Youth Forum. During the EPSCO Council today, Ministers discussed the social and employment aspects of […]
Guest article written by Clare Taylor Demand for green products is growing fast, accompanied by explosive growth in the number of environmental labels and schemes. Should oversight come from government, business or NGOs? More than 95 per cent of Europeans say that protecting the environment is important, and a recent global survey found that only […]
Yesterday EU Commissioner Michel Barnier, in an interview to the German financial newspaper ‘Handelsblatt’, said that the European Commission has decided to go ahead and propose legislation to safeguard Eurozone’s banking system, along the lines of the recommendations of the high-level expert group, chaired by Erkki Liikanen, governor of the Bank of Finland. The main […]
OECD is not like the IMF. The Organisation of Economic Co-operation and Development, unlike the International Monetary Fund doesn’t chew its words, when it comes to the economic prospects of the global economy. The reason is that its mandate obliges the Organisation to effectively protect its 34 member states from the dangers lurking ahead, by […]
A rather disappointing picture of the world economy drew OECD Deputy Chief Economist Jorgen Elmeskov last week, when he said that “The gradual pick-up in momentum in the advanced economies is encouraging but a sustainable recovery is not yet firmly established. Major risks remain”. If it was not for China’s predicted growth during the last […]
Last Saturday the ministers of Finance of the G20 council agreed in Moscow to tackle global tax evasion by adopting a 15-point OECD Action Plan, which supposedly will give governments the domestic and international arms they need to combat tax Base Erosion and Profit Shifting (BEPS). The responsible European Commissioner for tax issues Algirdas Šemeta […]
It was the symbolic date of 12/12/12 that the international NGO, Center for International Environmental Law, decided to publish a legal opinion denouncing as 100% illegal the European Commission’s proposal for a new regulation on ship recycling. This coincided with the legal analysis by the former chief counsel of the European Commission , Dr. Ludwig […]
According to the Organisation for Economic Cooperation and Development (OECD), the Chinese economy is bound to resume in strength in 2013 and attain an enviable 8.5% growth rate, after a relatively slow year in 2012, when it marked its slowest yearly GDP increase for years at 7.5%. OECD insists however that the relative slow-down of […]
The Organisation for Economic Cooperation and Development (OECD) considers that Eurozone banks need to strengthen their capital accounts by at least €400 billion in order to reach a viable capital to assets coverage ratio of 5%. The good news from OECD however is that its economist estimate that the single money EU zone seems to have […]
“After five years of crisis the world economy is weakening again”, states bluntly the very first phrase of the editorial of OECD’s latest economic report, published on 28 November. Actually it couldn’t be differently, because the US economy doesn’t seem to respond well to therapy and Europe is in a much worse state. But let’s […]
Brazil is one of the largest democracies of the world, and the offshore oil findings of the past few years, have helped the country become not only self-sufficient in hydrocarbons but also draw millions of its people out of poverty. The country is grouped by OECD to the BRICs (Brazil, Russia, India, China), constituting the […]
