Withdrawal from the European Union

DGAP-News: CECONOMY AG further enhances post-pandemic financing structure with €500 million 5-year senior unsecured bond

Retrieved on: 
Friday, June 18, 2021

The securities referred to herein are not being offered to the public in the European Economic Area ("EEA") within the meaning of Regulation (EU) 2017/1129 (the ''EU Prospectus Regulation'').

Key Points: 
  • The securities referred to herein are not being offered to the public in the European Economic Area ("EEA") within the meaning of Regulation (EU) 2017/1129 (the ''EU Prospectus Regulation'').
  • In member states of the EEA, this announcement is directed only at persons who are ''qualified investors'' within the meaning of the EU Prospectus Regulation.
  • This announcement must not be acted on or relied on in any member state of the EEA by persons who are not qualified investors.
  • Any investment or investment activity to which this announcement relates is available only to qualified investors in any member state of the EEA.

Declaration by the High Representative on behalf of the EU on the alignment of certain countries concerning restrictive measures against serious human rights violations and abuses

Retrieved on: 
Saturday, May 1, 2021

On 22 March 2021 the Council adopted Decision (CFSP) 2021/4811, amending Council Decision 2020/1999.

Key Points: 
  • On 22 March 2021 the Council adopted Decision (CFSP) 2021/4811, amending Council Decision 2020/1999.
  • The Council Decision adds 11 persons and 4 entities to the EU sanctions list of natural and legal persons, entities and bodies subject to restrictive measures set out in the Annex to Decision (CFSP) 2020/1999.
  • The Candidate Countries the Republic of North Macedonia, Montenegro and Albania2 and the EFTA countries Iceland and Norway, members of the European Economic Area, align themselves with this Council Decision.
  • L 99 I/25

    2 The Republic of North Macedonia, Montenegro and Albania continue to be part of the Stabilisation and Association Process.

Conditions applicable to the cooperation with the UK since 1 January 2021

Retrieved on: 
Saturday, May 1, 2021

The EU and the UK have concluded a Trade and Partnership Agreement specifying the possibilities and conditions for their cooperation after the end of the transition period that followed the UKs withdrawal from the EU on 31 January 2020.

Key Points: 
  • The EU and the UK have concluded a Trade and Partnership Agreement specifying the possibilities and conditions for their cooperation after the end of the transition period that followed the UKs withdrawal from the EU on 31 January 2020.
  • The EU-UK Trade and Partnership Agreement includes provisions on the cooperation between Europol and the competent authorities of the UK.
  • Thanks to the conclusion of the Agreement, Europol could initiate the operational cooperation with the UK as third state already at the start of this year.
  • Europol is working on fully implementing the relevant provisions of the EU-UK Trade and Partnership Agreement as soon as possible in consultation with the UK and under the authority of its Management Board.

Frost & Sullivan Experts to Analyze Economic Outlook of a Post-pandemic 2021

Retrieved on: 
Wednesday, February 10, 2021

However, economic recovery is expected to pick up in 2021, with easing restrictions, mass vaccine targets, demand-side revival and continued stimulus support.

Key Points: 
  • However, economic recovery is expected to pick up in 2021, with easing restrictions, mass vaccine targets, demand-side revival and continued stimulus support.
  • Full gross domestic product (GDP) recovery is expected by Q4 2021 under a baseline scenario.
  • Join Frost & Sullivan experts Aroop Zutshi, Partner; Neha Anna Thomas, Senior Economist; and Craig Parker, Research Director, for the upcoming Growth Opportunity briefing, "2021 Global Economic Outlook," on February 17 at 11 a.m. EST.
  • Identify top global economic trends and risks to watch out for in 2021 in regards to Brexit, oil prices, stimulus measures and other economic developments.

Frost & Sullivan Experts to Analyze Economic Outlook of a Post-pandemic 2021

Retrieved on: 
Wednesday, February 10, 2021

However, economic recovery is expected to pick up in 2021, with easing restrictions, mass vaccine targets, demand-side revival and continued stimulus support.

Key Points: 
  • However, economic recovery is expected to pick up in 2021, with easing restrictions, mass vaccine targets, demand-side revival and continued stimulus support.
  • Full gross domestic product (GDP) recovery is expected by Q4 2021 under a baseline scenario.
  • Join Frost & Sullivan experts Aroop Zutshi, Partner; Neha Anna Thomas, Senior Economist; and Craig Parker, Research Director, for the upcoming Growth Opportunity briefing, "2021 Global Economic Outlook," on February 17 at 11 a.m. EST.
  • Identify top global economic trends and risks to watch out for in 2021 in regards to Brexit, oil prices, stimulus measures and other economic developments.

NOTICE TO SHAREHOLDERS of the sub-fund AMUNDI PRIME EUROZONE

Retrieved on: 
Wednesday, February 10, 2021

Solactive 50 index is representative of the 50 largest companies in terms of free-float market capitalization, traded in Euro, in 10 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain.

Key Points: 
  • Solactive 50 index is representative of the 50 largest companies in terms of free-float market capitalization, traded in Euro, in 10 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain.
  • Solactive GBS Developed Markets Eurozone Large & Mid Cap is representative of the largest 85% (+/- 5%) of the free-float market capitalization in 10 developed Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain (as of October 2020).
  • Nevertheless, for UCITS ETF share classes, placing an order on the secondary market will trigger costs over which the Management Company has no influence.
  • The latest prospectus of the SICAV and Key Investor Information Documents are available on request free of charge at its registered office.

Michel Barnier, at the EESC plenary session: "Brexit shows the EU is not a prison, but those who leave have to face the consequences"

Retrieved on: 
Friday, January 29, 2021

For the first time after the signature of the EU-UK Trade and Cooperation Agreement Michel Barnier, Head of the European Commission Task Force for Relations with the United Kingdom expressed publicly his views on the text during a debate at the European Economic and Social Committee (EESC) January plenary session.

Key Points: 
  • For the first time after the signature of the EU-UK Trade and Cooperation Agreement Michel Barnier, Head of the European Commission Task Force for Relations with the United Kingdom expressed publicly his views on the text during a debate at the European Economic and Social Committee (EESC) January plenary session.
  • This agreement starts a new era of our relationship with the UK, but we will have to face together a number of issues in the future, said Barnier.
  • In his speech, Michel Barnier insisted on the fact that Brexit has no positive outcomes: This is a divorce, and nobody should be happy after a divorce.

An agreement based on four pillars

    • The EU-UK Trade and Cooperation Agreement is based on four pillars.
    • This agreement preserves and defends the European single market.
    • The second priority was to put in place an ambitious social and economic cooperation in a number of fields.
    • The agreement also includes security among its priorities, taking into account current challenges shared by the EU and the UK, as terrorism, cybersecurity or human rights.
    • Finally, the agreement includes important arrangements in term of governance, with a number of bilateral bodies and committees (up to 19) that should be put in place to ensure the monitoring of its application.
    • The agreement has also defended the interest of a Member State, Ireland; it has proved that not only trade but also peace and stability are key priorities for the EU.
    • And he concluded: This is not the end of Brexit, there is still a long way to go.

Downloads

Immigration implications of the EU-UK Trade and Cooperation Agreement

Retrieved on: 
Friday, January 15, 2021

The note includes links pointing to the original legal sources.

Key Points: 

The note includes links pointing to the original legal sources.
Since the UK’s withdrawal from the EU as of 1 February 2020, British nationals are now third-country nationals. From 1 January 2021, the EU-UK Trade and Cooperation Agreement govern legal relations between the EU and the UK.

EU-UK Trade and Cooperation Agreement: Council adopts decision on the signing

Retrieved on: 
Wednesday, December 30, 2020

The Council has today adopted, by written procedure, the decision on the signing of the EU-UK Trade and Cooperation Agreement and its provisional application as of 1 January 2021, pending the consent of the European Parliament and conclusion by the Council decision next year.

Key Points: 
  • The Council has today adopted, by written procedure, the decision on the signing of the EU-UK Trade and Cooperation Agreement and its provisional application as of 1 January 2021, pending the consent of the European Parliament and conclusion by the Council decision next year.
  • Next steps

    Next year, the Council will adopt the decision on the conclusion of the EU-UK Trade and Cooperation Agreement, once the European Parliament has given its consent and once all procedures necessary for the entry into force have been completed.

  • On 29 March 2017, the UK formally notified the European Council of its intention to leave the EU.
  • On 17 October 2019, the European Council (Article 50) endorsed the Withdrawal Agreement as agreed by the negotiators of both sides.

PFS Research Finds UK Retailers Still Need to Prepare for Brexit

Retrieved on: 
Monday, December 21, 2020

With just over half (54%) of UK retailers reporting that they are either fully prepared for Brexit, or will be by the end of 2020, this still leaves a significant proportion of retailers who wont be ready in time.

Key Points: 
  • With just over half (54%) of UK retailers reporting that they are either fully prepared for Brexit, or will be by the end of 2020, this still leaves a significant proportion of retailers who wont be ready in time.
  • The research has also uncovered that most retailers believe Brexit will have some kind of impact on their business operations.
  • As the clock ticks down to the end of 2020, many retailers are realizing that the time to act is now.
  • To find out more about the research, read The final countdown: are retailers cutting it fine with their Brexit plans?