The European Commission proposes a two-track overhaul to make life simpler for smaller investment firms, while bringing the largest, systemic ones under the same regime as European banks. Investment firms and the services they provide are vital to a well-functioning Capital Markets Union (CMU). Alongside banks, EU capital markets rely

nce every century (give or take), society and technology undergo a massive revolution. Suddenly we see major changes coming hand in hand with scientific discoveries. The wheel, fire, papyrus, Gutenberg and his press, the steam engine – all enormous, incredibly profound inventions that flipped the world on its head and

"Something is rotten in the state of Denmark", goes the line in Shakespeare's Hamlet. But four centuries after the play was written, the analysis couldn't be less accurate. According to the OECD Better Life report, Danes have a better work-life balance than any other country surveyed. nly 2% of employees regularly work very long

ussia is tremendous and vast. It has everything one can imagine: from subtropical to Arctic regions and climates, from the deepest lakes to the highest peaks. The truth is, Russia is not only huge in sheer size, but in other aspects as well – it stretches from the past to

Montenegro Economy ontenegro is a small and open upper middle-income transition economy that gained independence in 2006 and is negotiating accession to the European Union. Montenegro has a population of 622,000 and a GNI per capita of $7,320. It started negotiations with the European Union in June 2012 and strives to

What does "Project proposal" or "Terms of Reference" stand for? Find out in this glossary list, dedicated to IPA projects. Acronyms used: SER = SERVICE SUP = SUPPLY W = WORKS G = GRANTS ACP States The Africa, Caribbean and Pacific States signatories of the ACP-EC Partnership Agreement. Addendum A document modifying the terms and

rom January 1st, Leeuwarden (Firesland, the Netherlands) and Valletta (Malta) will hold the title of European Capital of Culture for one year. The opening celebrations for Valletta will take place from 14 to 20 January across the city, inspired by the traditional Maltese festa. In Leeuwarden, celebrations will kick off on 26 and 27 January, with

f you've been following green initiatives for a while now, then you know the common enemy that is the disposable cup. Whether getting a coffee, smoothie, or fountain soda, paper, plastic and styrofoam disposable cups are everywhere. And after using them to drink your single beverage, they're thrown away and

The logo of the Bulgarian Presidency of the Council of the EU in 2018 depicts three of the symbols representing most clearly the Bulgarian identity – the Cyrillic Alphabet, traditional embroidery and the Bulgarian national tricolore. The logo reflects the idea that Bulgaria is an integral part of Europe and

On January 1, 2018, a decade after its accession to the EU, Bulgaria took over the rotating Presidency of the Council of the EU for the first time. Presidency represents a great honor, but a great responsibility too. For six months Bulgaria will be the main driving force for the tasks

All EU Member States' economies set to grow in 2016, 2017 and 2018 Having proven resilient to global challenges last year, the European economic recovery is expected to continue this year and next: for the first time in almost a decade, the economies of all EU Member States are expected to

Imagine that for every second that passes, your bank account inches up $1. You’d be making $60 per minute, or the equivalent of $86,400 in a day. Over the course of a year, you’d roll in a solid $31.5 million of profit. While this would be prolific for almost any