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Video guest: Josephine Mwangi

September 2018
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Tuesday, 25 September 2018
The European Investment Bank (EIB) may be dolling out billions of euros in loans to small businesses, but it has no intention of behaving like a commercial bank, Philippe de Fontaine Vive, EIB vice-president, told EurActiv France in an interview. He said that although all independent European firms with fewer than 250 employees are eligible for an EIB loan, the bank is still relatively unknown in EU countries.
The International Monetary Fund (IMF) has cut its estimate of global banking losses in the last six months but forecast an increase in writedowns in the next year. "Actual and potential writedowns from bad assets such as loans and securities have fallen by some $600 billion over the past six months, from about $4 trillion to $3.4 trillion, as a lessening in financial stress has narrowed spreads", reads the biannual Global Financial Stability Report published on 30 September by the IMF. The encouraging review, based on the IMF's worst-case estimates in April, has been welcomed by financial operators, although the new data provided by the fund are not only positive.
A team from the European Commission delegation in Barbados was in Antigua to discuss political and economic developments in the country as part of the annual Mid Term Review of projects and programmes. The Ministry of Finance, the Economy and Public Administration is the public sector mechanism that will be the main beneficiary of 10th European Development Fund (EDF) support.
It feels nice, very nice,” says Kirsti Kauppi, the new Director General of the Department for Africa and the Middle East on her return from Central Europe to issues concerning Africa. “It’s interesting to see how sub-Saharan Africa looks now, 20 years later,” she continues. Kirsti Kauppi assumed the post of Director General at the beginning of September.
EU executive foresees some EU-level supervision; difficult talks predicted. The European Commission presented proposals for a major reform of financial supervision in the EU that would transfer some binding powers from member states to authorities at an EU level.Under the proposals, EU authorities would be empowered to settle disputes between national supervisors for the banking, insurance and securities sectors, and take emergency measures in a crisis such as restrictions on short-selling. They would also be tasked with drawing up harmonised technical standards – for example, on liquidity standards and reporting frameworks – that would be applied in all member states. The Commission proposals foresee that the authorities might eventually be given direct supervisory powers over some large institutions, replacing national supervisors.
Tuesday, 13 October 2009

Mr Stefano Manservisi has been the European Commission’s Director-General for Development since November 2004. In this capacity, he helps the Commissioner for Development and Humanitarian Aid to formulate the EU’s development co-operation policy. He also oversees the programming of EU development assistance in the 78 partner countries of the EU in Africa, the Caribbean and the Pacific.

Mr Stefano Manservisi explains to us the European Development Days (EDD) which is a key European platform for discussion and exchange on global challenges in all key areas – governance, climate change, international finance, trade, food security, water, energy, the role of the media and human and social rights. This forum blend a great diversity of political leaders and parliamentarians, international institutions, local authorities, NGOs, business leaders, academics, researchers, media representatives and the young.

This year’s EDD, in Stockholm (22-24 October), falls one month after the G-20 Leaders meeting in Pittsburgh, two weeks after the IMF-World Bank meeting in Istanbul and six weeks before the UN Climate Change Conference in Copenhagen. Against this backdrop, the 2009 edition will focus on the global response to the economic downturn and climate change, as well as on the challenges of democracy and development.

CTA's contribution will be: a high-level round table on Global land acquisition (22nd October), the funding of 30 experts form the ACP countries, the organisation of 13 ACP stands in the development village and the support to the training of 15 African rural radio journalists as part of a partnership with the EC and Deutsche Welle.

Friday, 09 October 2009
The next Brussels Development Briefing will be held on 12th October 2009 on the role of Media in Rural Development. We will discuss the need to mainstream media in development and increase donor's attention to media as well as the challenges the journalists and media specialists face when addressing agricultural and rural development issues in their work. We will try to find more on how media can better serve rural communities in ACP countries. This Briefing will be part of the 25th Anniversary events of CTA and we will have with us prominent policy-makers and media specialists sharing with us their experience and views on these issues. To know more and register contact: pruna@cta.int or boto@cta.int.
In the context of the European Development Days to be held in Stockholm under the Swedish presidency on 22-24th October 2009, CTA in partnership with the EC, FAO, IFAD, IIED, AGRA, Regional African Farmers Organisations will organise on 22 October (17h00-19h00) a round table on trends and challenges of the Global Land Acquisition. Recent global trends are prompting a massive increase in global commercial interest in land and natural resources. In many countries this is creating unprecedented pressures on land resources and placing new tensions on land tenure systems. We will discuss the facts, scope and main affected countries as well as the drivers behind. We will also look at the minimum set of principles and measures to coordinate the large-scale transnational land acquisitions and leases at international level in order to ensure that such investments work for the benefit of the population including the most vulnerable groups. To know more and register: boto@cta.int.
Thursday, 08 October 2009

Mariann Fischer Boel, Commissioner for Agriculture and Rural Development, informed agriculture ministers that a High Level Expert Group on Milk will begin work next week to discuss medium and long-term arrangements for the dairy sector given the expiry of milk quotas on 1 April 2015. The Commissioner told a lunch meeting of ministers that the HLG will study whether new arrangements should be put in place which can further contribute to stabilising the market and producers' incomes, reducing price volatility and enhancing market transparency. The Commissioner also briefed ministers on the most recent package of proposals the Commission is preparing to support the dairy market and gave an update on the market situation, which shows that prices for dairy products are picking up.

NGOs and trade unions met with European Commission President José Manuel Barroso at a Brussels conference held by the Spring Alliance, the EU’s largest civil society coalition. The meeting came with high expectations in the social and environmental fields as well as on the international scene, as the world enters a critical phase: deep in economic crisis, with EU unemployment at a ten-year high and climate change an indisputable reality.