International Monetary Fund Weekend Read

 

Dear MARIA, In today's edition, we highlight: The IMF at Davos Electricity reform in the Bahamas Integrating the EU energy market Yuval Noah Harari on humankind's competitive advantage IMF staff papers, and more WORLD ECONOMIC FORUM 2025 The IMF at Davos (Credit: Olya Solodenko/iStock Photo) The World Economic Forum Annual Meeting 2025 in Davos, Switzerland is convening global leaders to address key global and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition. IMF Managing Director Kristalina Georgieva and First Deputy Managing Director Gita Gopinath have taken part in a number of events at Davos this year. Today, Georgieva took part in a panel on the Global Economic Outlook alongside Faisal Alibrahim,  Laurence D. Fink, Sara Eisen, Christine Lagarde, and Tharman Shanmugaratnam.

European Stability Mechanism,update

 

ESM and EIB sign Memorandum of Understanding 24 January 2025 ESM Press Release no. 1/2025 The European Stability Mechanism (ESM) and the European Investment Bank (EIB) signed today a Memorandum of Understanding (MoU). Its overall aim is to further strengthen and enhance the bilateral partnership and collaboration between both institutions, and to develop, consolidate, and define their mutual cooperation.  “The Memorandum of Understanding signed today opens a new chapter in our collaborative framework. It builds upon the ongoing partnership since the early days of the EFSF in 2010, when the EIB provided valuable support in setting up our operations. The EIB is a close peer in many respects, and we look forward to deepening our successful cooperation. As fellow Luxembourg-based institutions, we should capitalise on our proximity to work closely together in supporting economic resilience and growth in Europe,” said ESM Managing Director Pierre Gramegna.   “The EIB and the ESM are formidable instruments supporting Europe’s economic security and future prosperity. They enjoy unparalleled status in global capital markets, highlighting the strength of joining forces, and complement the combined firepower of the members of our Union. We are delighted to formalise our longstanding partnership with this Memorandum of Understanding,” said EIB Group President Nadia Calviño. The MoU lists three areas of potential collaboration between the ESM and the EIB: i) strategic and operational dialogue and cooperation - including exchange of information and sharing of knowledge; ii) the organisation of joint events; and iii) staff exchanges. The Memorandum of Understanding enhances the existing collaboration between the ESM (and previously the EFSF) and the EIB, which was initially formalised through a Service Level Agreement in 2010 and further strengthened by a Cooperation Agreement in 2013. The MoU is signed for the initial period of five years, with a possibility for a further extension.

Media Enquiries       Cédric Crelo Head of Communications and Chief Spokesperson Phone: +352 260 962 205 c.crelo@esm.europa.eu Anabela Reis Deputy Head of Communications and Deputy Chief Spokesperson Phone: +352 260 962 551 a.reis@esm.europa.eu     Juliana Dahl Principal Speechwriter and Principal Spokesperson Phone: +352 260 962 654 j.dahl@esm.europa.eu Phone:       About the ESM     The European Stability Mechanism (ESM) has the mandate to preserve financial stability in the euro area by providing financial assistance to Member States with severe financing problems. It is a permanent inter-governmental institution, operating since October 2012. The shareholders of the ESM are the 20 euro area Member States. All financial assistance to Member States is linked to appropriate conditionality. The ESM finances its assistance by issuing bonds and other debt instruments. It has a total subscribed capital of approximately €700 billion, which comprises €80 billion in paid-in capital and €624 billion in committed callable capital. The ESM’s maximum lending capacity is €500 billion.

WORLD TRADE ORGANIZATION's update

 

24 Jan 2025 Latest news

Dear maria CHADZIDAKIS VAVOURANAKIS, Below are the news items published today on the WTO public website which match with your news preferences.

NEWS ITEM Iceland donates an additional CHF 200,000 to WTO Fish Fund Iceland is contributing an additional CHF 200,000 to assist developing members and least-developed country (LDC) members implement the Agreement on Fisheries Subsidies. Press release   ⟶

NEWS ITEM Over 80 per cent of global merchandise trade is on most-favoured-nation basis The WTO’s non-discriminatory “most-favoured-nation” (MFN) trading principle, whereby WTO members extend any trade advantage granted to one trading partner to all other partners, remains a cornerstone of global trade. More than four-fifths of international merchandise trade is conducted on this basis despite the proliferation of preferential trade agreements and other trade measures, as demonstrated by a recent WTO working paper. Blog   ⟶

NEWS ITEM Advanced trade policy course underway at WTO A total of 28 government officials from developing WTO member and observer governments started on 20 January an eight-week Advanced Trade Policy Course in Geneva. The training programme aims to enhance participants’ expertise on implementing WTO agreements, elaborating trade policies and to sharpen negotiation skills. News item   ⟶

ΜΙΧΑΗΛ ΙΓΝΑΤΙΟΥ,ενδιαφέρον άρθρο Γνώμης

 

Hellasjournal.com Read on blog or Reader Η ομιλία του Μιχάλη Ιγνατίου στο Πολεμικό Μουσείο: Αν ήμουν ο Πρωθυπουργός της Ελλάδας ή ο Πρόεδρος της Κύπρου δεν θα ανησυχούσα με την επιστροφή του κ. Τραμπ στο Λευκό Οίκο (video) By politics on January 25, 2025 Κυρίες και κύριοι σας καλησπερίζω από την Ουάσιγκτον Continue reading

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ΕΥΑΓΓΕΛΟΣ ΒΕΝΙΖΕΛΟΣ/ΚΥΚΛΟΣ ΙΔΕΩΝ:ΕΝΔΙΑΦΕΡΟΥΣΑ ΕΚΔΟΣΗ

	Οι Εκδόσεις Σάκκουλα σας προσκαλούν στην επιστημονική εκδήλωση / συζήτηση με θέμα:   Η πολυεπίπεδη προστασία των ανθρωπίνων δικαιωμάτων και η επίμονη  σημασία του εθνικού Συντάγματος με την ευκαιρία της έκδοσης του συλλογικού έργου ΤΟ ΕΛΛΗΝΙΚΟ ΣΥΝΤΑΓΜΑ - ΚΑΤ’ ΑΡΘΡΟ ΕΡΜΗΝΕΙΑ ΤΟΜΟΣ Ι, Άρθρα 1 – 25 υπό την επιστημονική διεύθυνση του Ευάγγελου Βενιζέλου και την επιμέλεια του Χαράλαμπου Ανθόπουλου και της Λίνας Παπαδοπούλου, με τη συμμετοχή σαράντα συγγραφέων - δικαστικών λειτουργών και πανεπιστημιακών δασκάλων και ερευνητών Δευτέρα, 27 Ιανουαρίου 2025, ώρα 18.00 Αμφιθέατρο του Μεγάρου «Θ. Καρατζάς» της Εθνικής Τράπεζας, οδός Αιόλου 82-84  *Είσοδος ελεύθερη

COUNCIL OF THE EUROPEAN UNION,update

 

Press material Saturday, 25 January 2025

● Council of the EU   25/01/2025 00:15 | Press release | Democratic Republic of the Congo: Statement by the High Representative on behalf of the EU on the latest escalation in eastern DRC   The EU is deeply concerned about the continued escalation of the conflict in eastern Democratic Republic of the Congo (DRC), aggravated by the renewed offensive of the M23 supported by the Rwandan Armed Forces (RDF). This undermines African-led efforts to reach a peaceful resolution to the conflict. The EU reaffirms its full support to the Luanda and Nairobi processes. The EU strongly condemns the capture of the town of Minova on 21 January followed by the capture of Sake on 23 January by the M23. The continued advance of the M23 is an unacceptable violation of the agreed ceasefire and further deepens the disastrous humanitarian crisis in eastern DRC. This advance has pushed additional internally displaced persons (IDPs) towards the overburdened camps around Goma, where more than 800.000 IDPs are sheltered. The risk of large numbers of IDPs being caught between combatants is deeply worrying. The city of Goma is under immense pressure. The threat by M23 to conquer Goma is unacceptable and has in itself grave humanitarian and security consequences on the ground. The EU urges the M23 to stop its advance and withdraw immediately. The EU reiterates that Rwanda must cease its support for the M23 and withdraw. The EU strongly condemns Rwanda’s military presence in the DRC as a clear violation of international law, the UN Charter, and the territorial integrity of the DRC. The EU continues to urge the DRC to cease cooperation with the FDLR and other armed groups. The EU is also deeply alarmed by findings in the recent report of the UN Group of Experts established pursuant to Security Council Resolution 1533 and fully supports its recommendations. The report details the consolidation of parallel administrations, forced recruitments, and the illicit exploitation of mining areas in M23-controlled territories, as well as the close cooperation of the Congolese authorities with the FDLR militia and other armed groups. Such practices undermine efforts to restore peace and stability and violate international norms. The EU reaffirms its unwavering support for MONUSCO. Any attack against United Nations-mandated forces is inexcusable. The EU condemns the persistent violations and abuses of international humanitarian law and of human rights, including sexual and gender-based violence, the recruitment and use of child soldiers, and summary killings, by all parties. All sides must prioritise protection of civilians, ensure safe and unhindered humanitarian access, and fully respect their obligations under international law and international humanitarian law. The EU calls for all perpetrators to be held accountable. The EU reaffirms its full and steadfast support to the Luanda process led by President João Lourenço of Angola. The EU calls for a quick resumption of negotiations within the Luanda process to find a lasting, peaceful and political solution and urges all sides to fully honour their engagements within the Luanda process, specifically the ceasefire agreed on 30 July 2024, the neutralization of the FDLR and the withdrawal of Rwandan forces. The EU also reiterates its support to the Nairobi process. The EU reiterates in unequivocal terms its condemnation of hate speech and xenophobia, as well as ethnic-based politics. The EU will consider all the tools at its disposal in order to hold accountable those responsible for sustaining armed conflict, instability and insecurity in the DRC.

● Council of the EU

24/01/2025 18:07 | Meetings | Foreign Affairs Council, 27 January 2025   Background brief - Foreign affairs Council of 27 January 2025 ● Council of the EU   24/01/2025 17:33 | Press release | Forward look: 27 January - 9 February 2025   Overview of the main topics and events at the Council of EU and European Council for the coming fortnight. Foreign Affairs Council, 27 January 2025 Foreign ministers will exchange views on the Russian aggression against Ukraine, after a short intervention of the Minister of Foreign Affairs of Ukraine Andrii Sybiha via videoconference. They will then hold discussions on EU-US relations and the situation in the Middle East, including Syria. They will also be informed about current affairs, notably developments in Moldova and Georgia. Read more Agriculture and Fisheries Council, 27 January 2025 The Polish presidency will publicly present its work programme for the coming semester, outlining its main priorities in the field of agriculture and fisheries. The Council will also exchange views on the regulation on cross-border enforcement of the EU rules on unfair trading practices and the regulation amending the common market organisation as regards the strengthening of the position of farmers in the food supply chain. Based on information from the Commission, ministers will discuss trade-related agricultural issues. The necessary revision of the performance clearance procedure under the CAP financing rules, the green architecture and further simplification needs will also feature as a topic on the agenda. Read more General Affairs Council, 28 January 2025 Ministers will hear a presentation of the Polish presidency priorities and hold a country-specific discussion in the framework of the annual rule of law dialogue. Read more Informal EU leaders' retreat, 3 February 2025 EU leaders will gather for an informal retreat focusing on European defence. They will address ways to strengthen defence capabilities at EU level, how to mobilise financing and investments in a more efficient way, and how to deepen existing partnerships and cooperation on defence, including with non-EU partners. Read more Other meetings European Investment Bank Group Press Conference on Annual Results Informal meeting of justice and home affairs ministers, 30-31 January 2025 Informal meeting of competitiveness ministers (Internal market and industry), 3-4 February 2025 Informal meeting of trade ministers, 3-4 February 2025 Indicative calendar of meetings under the Polish presidency (1 January - 30 June 2025) Polish presidency ● Council of the EU   24/01/2025 16:09 | Media advisory | Media advisory - Foreign Affairs Council of 27 January 2025   Indicative programme All times are approximate and subject to change Place: Europa building, Brussels Chair: Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy From 08.00 Arrivals (live streaming) +/- 08.15 Doorstep by Kaja Kallas (live streaming) +/- 10.00 Beginning of the Foreign Affairs Council Adoption of the agenda Current affairs Russian aggression against Ukraine EU-US relations Situation in the Middle East Any other business At the end of the meeting (+/- 16.45), press conference in live streaming. Videos and photos fom the event ● Council of the EU   24/01/2025 15:21 | Media advisory | Media advisory - Agriculture and Fisheries Council of 27 January 2025   Indicative programme All times are approximate and subject to change Place: Europa building, Brussels Chair: Czesław Siekierski, Polish Minister of Agriculture and Rural Development From 09.00 Arrivals and doorsteps (live streaming) 09.00 Doorstep by Minister Siekierski (live streaming) 10.00 Beginning of the Agriculture and Fisheries Council meeting Adoption of the agenda Approval of 'A' items: Non-legislative list +/- 10.10  Work programme of the Presidency (public session) +/- 10.30 Any other business: - Western Mediterranean fisheries management (public session) - foot and mouth outbreak (public session) +/- 11.35  Cross-border enforcement against unfair trading practices and strengthening the position of farmers (public session) +/- 14.35 Performance clearance, green architecture and further simplification needs (public session) +/- 16.05  Trade-related agricultural issues  Any other business:  - import tolerances for residues of plant protection products +/- 17.35 Any other business:  - reducing administrative burden for organic farmers (public session) - unfair trading practices and preventing abuse of dominant positions (+/- 18.05 public session) - response to the increased risks of climate change in the Mediterranean (+/- 18.35 public session) At the end of the meeting (+/- 19.20) - press conference in live streaming. Videos and photos from the event Meeting page – Agriculture and Fisheries Council meeting of 27 January 2025 ● Council of the EU   24/01/2025 13:53 | Meetings | Agenda highlights - Foreign Affairs Council, 27 January 2025   The Foreign Affairs Council will exchange views on the Russian aggression against Ukraine, EU-US relations and the situation in the Middle East, including Syria, and will be informed about current affairs.

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