Germany: Gazprom takes all the risk of supplying Europe - CEO Miller
CEO of Gazprom Alexei Miller accused the European Union of deliberately and unilateraly burdening the Russian company with all the risks of supplying European customers with gas from Russia....
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Germany: Gazprom takes all the risk of supplying Europe - CEO Miller - Video
Victoria II Ultimate Mod Let Us Build A German European Union #28
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Victoria II Ultimate Mod Let Us Build A German European Union #28 - Video
Today, the United States and the European Union held the thirteenth U.S.EU Information Society Dialogue in Brussels, Belgium, to discuss issues related to information and communication technology (ICT) and the digital economy.
In this dialogue, participants held open and vibrant discussions on topics including the EU Digital Single Market; Support for Innovation, Web-Entrepreneurship, and Digital Skills; Open Internet; the Data-Driven Economy; and Internet Governance. The dialogue was complemented by opportunities for engagement with the private sector, including the Digital Economy Workshop hosted by the Trans-Atlantic Business Council and a reception hosted by the Computers and Communications Industry Association.
(1) The EU Digital Single Market
The EU delegation shared the current thinking on the digital single market (DSM) in the EU. The DSM Strategy will be built on three pillars: 1) better access for consumers and businesses to online goods and services across Europe; 2) creating the right conditions for digital networks and services to flourish; and 3) maximizing the growth potential of the European digital economy. Whereas the United States is a digital single market in itself, the European Union has not reached its potential in today's digital era.
Participants discussed the potential global importance of the DSM. The sides agreed that the DSM would be an historic opportunity for European industry and consumers as well as U.S. businesses. They agreed that an open exchange with stakeholders is critical to building consensus and could address the concerns that U.S. industry has expressed. The participants agreed to structured channels to continue exchanging views on the digital economy and the DSM proposal in the run-up to its presentation in May 2015 and beyond.
(2) Support for Innovation, Web-Entrepreneurship, and Digital Skills
The EU delegation presented its initiative, Startup Europe, and how it could be promoted in the United States. The participants had an exchange of views on digital skills in Europe and the United States in order to see how both sides can learn from previous experience. The U.S. participants discussed broadband initiatives that support online innovation, and highlighted programs throughout the U.S. Government that support entrepreneurship. Participants discussed cooperation mechanisms for supporting startups and innovation.
(3) Open Internet
The U.S. delegation shared information about the recently adopted Open Internet Order by the Federal Communications Commission (FCC), discussed key legal and policy challenges surrounding Open Internet protections and how to ensure that the Internet remains open around the world. The EU discussed the recently introduced legislation on the telecom single market that includes principles very similar to those that the FCC adopted. The participants agreed that the underlying approach and intent in safeguarding the Open Internet is the same in both cases, and agreed to enhance information sharing on open Internet related and other communications policy issues of mutual interest.
(4) The Data-Driven Economy
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Press Releases: Joint Press Statement for the 2015 U.S.-European Union Information Society Dialogue
European Union rules banning state aid to businesses should not apply to guarantees issued to boost investment under the three-year EU investment scheme, some of the key contributors to the plan said yesterday (13 April).
The European Investment Bank (EIB) and the EU's main national promotional banks, including Germany's KfW and France's Caisse des Dpts, expressed their view in a letter to be addressed to the European Commission.
The letter said public guarantees should be available below market prices to make the investment plan of Commission President Jean-Claude Juncker work, said Franco Bassanini, head of Italy's promotional bank Cassa Depositi e Prestiti.
"Were these guarantees considered as illegal state aid, we can forget about the Juncker plan," Bassanini told journalists, arguing that the riskier projects funded with the plan needed favourable treatment or would be shunned by investors.
Jyrki Katainen, the Commissioner in charge of the plan, said yesterday that talks were ongoing to clarify how state aid rules would apply to the Juncker Plan, an investment scheme intended to use leverage to generate 315 billion of investment in Europe over three years.
National promotional banks of Germany, France, Italy, Spain and Luxembourg, have said they would be ready to contribute billions of euros to projects financed by the European Fund for Strategic Investment (EFSI), the vehicle to be set up by the Juncker Plan, but only for projects in their own countries.
The European Commission would have preferred national contributions to go directly into the EFSI's coffers because that would increase the leverage effect of the fund, which has capital of 21 billion.
But contributions from national promotional banks are still important for the success of the plan, because they will decrease the risk for private actors when they invest in EFSI-sponsored projects, such as airports or broadband networks.
The banks fear that with state guarantees priced at market levels and subject to strict state aid rules, risks for private investors will be too high, reducing the appetite for investments.
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Bankers want Juncker Plan cleared of state aid rules
Russia: Tsipras pledges support for Russia, blasts EU #39;s "dead end" sanctions
Greek Prime Minister Alexis Tsipras spoke of his desire to bridge the gap between the European Union #39;s dead end sanctions and Russia at a meeting with State Duma Chairman Sergei...
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Russia: Tsipras pledges support for Russia, blasts EU's "dead end" sanctions - Video