According to the European Commissioner for Justice, Consumers and Gender Equality, Věra Jourová, the EU and the US have finalized the EU-US Umbrella Agreement (for the press release, see here). This is a remarkable breakthrough after the first calls for such an agreement back in March 2009, when the European Parliament called for an
Business Implications of the European Elections
The outcome of the European Parliament (“EP”) elections, which ended on May 25, will lead to a more unstable political landscape. This will require companies interacting with EU legislators to adapt their lobbying strategies. They are likely to find a shift away from the current pro-business approach in the European Parliament and Commission.
Uncertainty in the European Political Landscape
Europe is on the verge of major political developments. On May 22-25, EU voters will elect members of the European Parliament. In June, the European Council will appoint a new President and High Representative in charge of Foreign Affairs and Security Policy to succeed the visible Cathy Ashton.
In the parliamentary elections, the center-right Christian…