The European Green Deal which was published in December is the first major initiative of the new European Commission. Its focus is to make Europe the first climate-neutral continent by 2050, which represents a new growth strategy for the EU aimed at creating a modern, resource-efficient and competitive economy. Read more
How do you measure the downside volatility of real estate investments in the worst situation imaginable? How far could property values fall? Put simply, that’s the issue confronting regulators developing solvency capital requirements (SCRs) for property investments under Solvency II as far back as 2009 and 2010. Read more
The European elections in late May marked the end of the political structure in power in Brussels during the past five years. In its place, a newly constituted European Parliament and Commission will determine the course of European policy for the next five years. Read more
Brexit has become one of the world’s most talked- and written-about events in the past few years. Early hopes for an orderly withdrawal of the UK from the EU that takes into account the needs of business have evaporated in recent months and, at the time of writing at least, it looks as if a very disorderly withdrawal is the most likely outcome. Read more
Here in Brussels, the major topic of conversation during the last few months has been the upcoming European elections, and interest is only expected to intensify during the months ahead. The vote for the new European Parliament will be held throughout the EU from 23 to 26 May 2019. As these will be the first elections post Brexit, the newly elected Parliament will proceed without UK representation in the EU. Read more
