Университет получил в дар издания на китайском языке

MIL OSI – Source: Saint Petersburg State University in Russian – Press Release/Statement

Headline: Университет получил в дар издания на китайском языке

В Петровском зале Санкт-Петербургского государственного университета состоялась торжественная церемония передачи изданий русской классики — победителей проекта «10 шедевров китайской литературы в России и 10 шедевров русской литературы в Китае», переведенных на китайский язык.


Официальная церемония подведения итогов совместного российско-китайского проекта, на которой присутствовали премьер-министр РФ Д. А. Медведев и премьер Государственного Совета КНР Ли Кэцян, состоялась 7 ноября в Константиновском дворце в Стрельне. На следующий день делегация китайской газеты «Гуанмин жибао», проводившая отбор наиболее читаемых российских авторов в Китае, привезла в дар Университету все десять произведений. Оказалось, что в Китае особенно ценят русских классиков: Пушкина, Толстого, Достоевского и Лермонтова. «Благодаря подарку китайской делегации, который займет почетное место в собрании редких книг СПбГУ, у студентов-китаеведов из Университета появится возможность по-новому взглянуть на романы, которые они читали, будучи школьниками», — заметил Илья Александрович Дементьев, первый проректор СПбГУ.

В отборе самых популярных китайских авторов в России участвовали эксперты из Университета. На торжественной церемонии также были представлены некоторые из книг-победителей, переводом которых занимались преподаватели-китаеведы СПбГУ. «Безусловно, русских писателей на китайский язык переводят более активно, чем произведения из Поднебесной на русский. И большая доля того, что сейчас делается в России по переводу и распространению китайских книг, осуществляется именно в нашем университете», — рассказал китайским коллегам первый заместитель декана восточного факультета СПбГУ Алексей Анатольевич Родионов. 

Представителям китайской делегации, которые впервые посетили старейший университет России, не только показали здание Двенадцати коллегий, но и подробно рассказали о многочисленных партнерских отношениях, которые связывают Санкт-Петербургский университет и Китай. Особенно заинтересовали журналистов Поднебесной образовательные программы по юриспруденции и культурологии с углубленным изучением китайского языка. «Очень важно, что СПбГУ создает новые образовательные программы в соответствии с запросами современного рынка труда, в частности удовлетворяя потребность в квалифицированных специалистах различных направлений, знающих китайский язык», — подчеркнул глава китайской делегации Шэнь Вэйсин, заместитель главного редактора «Гуанмин жибао».

В завершение церемонии г-н Шэнь Вэйсин выразил надежду, что первая встреча в Университете станет началом длительного и плодотворного сотрудничества между СПбГУ и китайским изданием. 

Presentation of foreign ambassadors’ letters of credence

MIL OSI – Source: President of Russia – The Kremlin – English – Press Release/Statement

Headline: Presentation of foreign ambassadors’ letters of credence

Letters of credence were
presented by new ambassadors from nineteen countries: Bosnia and Herzegovina,
Burundi, Cambodia, Chad, Colombia, Equatorial Guinea, Finland, Gambia, Greece,
Iceland, Luxembourg, Mali, Montenegro, the Netherlands, New Zealand, Poland,
Somalia, Turkmenistan, and as well as the letter of credence of the Apostolic
Nuncio to Russia, the diplomatic representative of the Vatican. * * *President of Russia
Vladimir Putin:
Ladies and gentlemen,I welcome you to this ceremony of presentation
of your letters of credence and congratulate you on the official start of your
important and responsible diplomatic missions in Moscow.I hope that your efforts to develop relations
between the countries you represent and Russia will help to activate political
dialogue, strengthen trade and economic ties, and expand humanitarian contacts.
You can count on the support of the Russian government, our executive and legislative authorities, business communities and public groups.I want to emphasise that Russia is ready to work together with all countries in a spirit of honest and mutually beneficial
partnership. We seek to guarantee equal and indivisible security, resolve
global and regional problems, and settle conflicts on the solid basis of international law and the UN Charter. These are our guiding principles as we
decide our approaches to the most pressing issues on today’s agenda, including
the Syrian crisis.Syria is essentially a test today for the international community’s ability and readiness to join forces, together take a stand against terrorism, a common threat for us all, and find adequate
responses to other global challenges to security and stability.Russia will work together with other interested
countries to facilitate the launch of dialogue between the Syrians themselves.
We believe that only a political solution can resolve this conflict, stop the bloodshed, open the way for millions of refugees to return home, and rebuild
this country’s economy and social sector. Ladies and gentlemen, a few hours ago, the presidential election ended in the United States of America. We followed this
election closely. I want to congratulate the American people on the end of this
election cycle and congratulate Mr Donald Trump on his victory in the election.We heard the statements he made as candidate
for president expressing a desire to restore relations between our countries.
We realise and understand that this will not be an easy road given the level to which our relations have degraded today, regrettably. But, as I have said
before, it is not Russia’s fault that our relations with the United States have
reached this point. Russia is ready to and seeks a return to full-format relations with the United States. Let me say again, we know that
this will not be easy, but are ready to take this road, take steps on our side
and do all we can to set Russian-US relations back on a stable development
track. This would benefit both the Russian and American peoples and would have a positive impact on the general climate in international affairs, given the particular responsibility that Russia and the US share for maintaining global stability and security.Ladies and gentlemen, the heads of 19 diplomatic missions are present
here today. As per tradition, I will say a few words about Russia’s relations
with the states you represent. We stand for further developing Russia-New Zealand relations on a mutually beneficial basis. We hope to be able to resume the talks on a free
trade area between the Eurasian Economic Union and New Zealand. Our relations with the Republic of Burundi have always been friendly. We
are discussing several cooperative projects in the oil and gas sector and in mining. We wish your country an early restoration of internal political
stability and national accord. Russia and the Hellenic Republic have a common history and close
cultural and spiritual ties. We had detailed discussions of the entire range of bilateral cooperation issues and international affairs during my visit to Athens in May 2016. I am convinced that the cross-cultural year between Russia
and Greece will boost the development of multifaceted ties and strengthen
friendship between our nations. Our successful cooperation with Colombia in energy, mechanical
engineering and infrastructure includes the implementation of joint research
and technical projects. We welcome the final agreement on peace, which was
signed in September this year to put an end to a decades-long civil war. We are developing partner relations with the Republic of Mali in the political, trade, economic, cultural and other areas. In June this year, Russia
supported the UN Security Council resolution to extend the mandate of the UN
Multidimensional Integrated Stabilisation Mission in Mali. Our relations with Montenegro have always rested on the old traditions
of friendship. We hope that the Montenegrin leadership will pursue a balanced
foreign policy, so that we will be able to maintain our relations in all areas.
To be
continued.

Анатолий Яновский принял участие 14-м региональном семинаре по JODI

MIL OSI – Source: Russia Ministry of Energy – Press Release/Statement

Headline: Анатолий Яновский принял участие 14-м региональном семинаре по JODI

Москва,  9 ноября. – Заместитель Министра энергетики Российской Федерации  Анатолий Яновский  выступил на 14-м региональном семинаре по JODI (cовместная инициатива по нефтяным данным – прим.) для стран СНГ, Восточной Европы, Ближнего Востока и Северной Африки, который проходит в Москве «на полях» конференции «Разведка, добыча, переработка – 2016». Церемонию открытия Семинара замглавы Минэнерго России провел совместно с генеральным секретарем Международного энергетического форума Сунь Сяншэном.«За последние несколько лет ситуация на глобальных энергетических рынках – и прежде всего на мировом рынке углеводородов – претерпела коренные изменения. Падение цен на нефть более чем в два раза стало серьезным вызовом для всех участников рынка. Сохранение инвестиций в отрасль и обеспечение  бесперебойных поставок сырья возможно только в условиях предсказуемого рынка, наличия адекватного представления о его основных характеристиках, тенденциях и движущих факторах», – отметил Анатолий Яновский.

По мнению заместителя Министра, стабилизации ситуации на рынке может способствовать точная и своевременная энергетическая статистика. В качестве примера Анатолий Яновский привел разницу в оценке показателей дисбаланса спроса и предложения на мировом рынке нефти.

«Данные Международного энергетического агентства и ОПЕК по объему превышения предложения над спросом в 1 квартале 2016 г. расходятся более, чем на 1 млн. барр. в сутки. Такие несоответствия приводят к дополнительной неопределенности на рынке, которая активно используется спекулянтами для уменьшения цены. Поэтому значение такого важного элемента глобальной энергетической статистики, как JODI, с каждым годом возрастает. Россия является традиционным сторонником инициативы, основные принципы которой направлены на обеспечение наибольшей прозрачности рынка энергоресурсов», – заметил замминистра.

В заключение Анатолий Яновский поблагодарил организаторов Семинара и пожелал содержательной дискуссии участвующим в нем экспертам.

«Газпром», «РЖД» и ЯНАО обсудили вопросы создания Северного широтного хода

MIL OSI – Source: Gazprom in Russian – Press Release/Statement

Headline: «Газпром», «РЖД» и ЯНАО обсудили вопросы создания Северного широтного хода

РЕЛИЗ «Газпром», «РЖД» и ЯНАО обсудили вопросы создания Северного широтного хода9 ноября 2016, 14:30Сегодня в центральном офисе ПАО «Газпром» состоялась рабочая встреча Председателя Правления Алексея Миллера c Президентом ОАО «РЖД» Олегом Белозеровым и Губернатором Ямало-Ненецкого автономного округа (ЯНАО) Дмитрием Кобылкиным.
Стороны обсудили вопросы развития железнодорожной инфраструктуры на территории ЯНАО в рамках реализации перспективного проекта по созданию Северного широтного хода.

Справка
Проект по созданию Северного широтного хода предполагает строительство железнодорожной линии «Обская — Салехард — Надым — Пангоды — Новый Уренгой — Коротчаево» общей протяженностью 707 км. Реализация проекта позволит соединить Северную и Свердловскую железные дороги и сократить транспортные маршруты от месторождений в северных районах Западной Сибири до портов Балтийского, Белого, Баренцева и Карского морей.

Все новости за ноябрь 2016 г.

Porsche tritt Unternehmens-Netzwerk für nachhaltiges Wirtschaften bei

MIL OSI – Source: Volkswagen – Press Release/Statement

Headline: Porsche tritt Unternehmens-Netzwerk für nachhaltiges Wirtschaften bei

Hinzufügen zur Sammelmappe

Stuttgart, 09.11.2016

Schonender Umgang mit Ressourcen sichert Wettbewerbsfähigkeit – Zertifizierungen weltweit

Porsche baut seine Aktivitäten im Bereich der Nachhaltigkeit weiter aus: Erst jüngst hatte der Stuttgarter Sportwagenhersteller ein ebenso umfangreiches wie innovatives Mobilitätskonzept für seine Mitarbeiter in der Region Stuttgart vorgestellt, das unter anderem die kostenlose Nutzung des ÖPNV mit dem Firmenausweis bei Feinstaub-Alarm ermöglicht. Jetzt ist Porsche dem Unternehmens-Netzwerk für nachhaltiges Wirtschaften B.A.U.M. beigetreten und hat zudem für Gebäude in Shanghai, London sowie Atlanta Zertifizierungen nach LEED (Leadership in Energy and Environmental Design) und BREEAM (Building Research Establishment Environmental Assessment Method) erhalten.Schon in der Vergangenheit hat Porsche mit seiner Infrastruktur in Produktion und Administration Maßstäbe gesetzt: So wird das Produktionswerk in Zuffenhausen seit 1996 freiwillig nach dem Öko-Audit EMAS der Europäischen Union bewertet. Und das 28 Hektar große Areal des Porsche Werk 4 in Zuffenhausen war das erste Industriequartier überhaupt, das ein Zertifikat in Gold der Deutschen Gesellschaft für nachhaltiges Bauen (DGNB) erhielt. „Rund ein Drittel des Rohstoffverbrauchs in Deutschland ist auf den Betrieb von Gebäuden zurückzuführen. Dies macht deutlich, dass wir nicht nur in Bezug auf unsere Produkte eine Verantwortung wahrnehmen müssen, sondern auch mit Blick auf unsere Liegenschaften weltweit. Zumal der Umgang mit Ressourcen ein entscheidender Faktor ist, um auch in Zukunft unsere Wettbewerbsfähigkeit und damit Standorte und Arbeitsplätze zu sichern“, sagt Albrecht Reimold, Vorstand für Produktion und Logistik der Porsche AG, dessen Ressort auch das Zentrale Baumanagement samt Umwelt- und Energiemanagement umfasst.Mit der Mitgliedschaft im Bundesdeutschen Arbeitskreis für umweltbewusstes Management e.V., kurz B.A.U.M., verpflichtet sich Porsche dem B.A.U.M.-Unternehmenskodex und bekennt sich dazu, nachhaltig zu wirtschaften und den Umweltschutz zu fördern. Die jüngsten Zertifizierungen nach LEED in Gold für das Technische Trainingszentrum von Porsche in Shanghai und die Nordamerika-Zentrale One Porsche Drive in Atlanta unterstreichen dies ebenso wie die Bewertung „sehr gut“ durch das britische BREEAM-System für das Porsche Handels- und Servicezentrum im Westen Londons.Im Technischen Trainingszentrum in Shanghai setzt Porsche unter anderem auf ein effektives Klimasystem, das mit Wärmetauschern und einem Wärmepumpensystem ausgestattet ist und für eine gleichzeitige Kühlung und Entfeuchtung der feuchtwarmen Außenluft sorgt. Beim Porsche Handels- und Servicezentrum in Chiswick handelt es sich um einen kompletten Neubau, der bei laufendem Betrieb auf dem Areal des bereits bestehenden Porsche Zentrums errichtet wurde. Neuen Raum zu erschließen, indem alte Gebäude effizient modernisiert oder ersetzt werden, ist ein wesentlicher Bestandteil der Porsche-Philosophie. Bei der Energieeffizienz wurde in Chiswick ein besonderes Augenmerk auf die Beleuchtungssysteme gelegt, da hier das größte Einsparpotenzial beim Betrieb eines Autohauses besteht. Unter anderem kommen im Showroom ausschließlich LED-Leuchten zum Einsatz.Bei der Nordamerika-Zentrale One Porsche Drive wird zur Bewässerung der Teststrecke in einem Kreislaufsystem Regenwasser eingesetzt. Für die Gestaltung der Off-Road-Strecke wurden Abbruchelemente der früher an dieser Stelle befindlichen Fabrik wiederverwendet. Und die Fassade der Porsche-Zentrale in Atlanta kombiniert einen hocheffizienten Wärmeschutz – auch in den Südstaaten gibt es im Winter empfindliche Minusgrade – mit einem ebenso wirksamen Schutz bei extremer Hitze im Sommer. Die unmittelbare Nähe zum Flughafen bringt zudem kurze Anfahrtswege und ein ausgeklügelter Schallschutz sorgt dafür, dass die Porsche-Mitarbeiter dennoch in Ruhe ihrer Arbeit nachgehen können.

Volkswagen Nutzfahrzeuge liefert von Januar bis Oktober 390.900 Fahrzeuge aus

MIL OSI – Source: Volkswagen – Press Release/Statement

Headline: Volkswagen Nutzfahrzeuge liefert von Januar bis Oktober 390.900 Fahrzeuge aus

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Hannover, 09.11.2016

• Weltweites Auslieferungsplus von 9,6 Prozent • Wachstum in Westeuropa von 14,7 Prozent • 12,2 Prozent mehr Auslieferungen in Deutschland • T-Baureihe (+17,1 Prozent) und Caddy (+15 Prozent) mit deutlichem Plus

Volkswagen Nutzfahrzeuge hat von Januar bis einschließlich Oktober weltweit 390.900 leichte Nutzfahrzeuge an Kunden ausgeliefert. Das entspricht einem Plus von 9,6 Prozent. Hohe Zuwächse erreichten: Die T-Baureihe mit über 163.000 ausgelieferten Fahrzeugen (+17,1 Prozent) sowie die Caddy-Modelle mit 131.500 (+15,0 Prozent). Auch im Einzelmonat Oktober lag die Marke mit 40.200 Fahrzeugauslieferungen deutlich über Vorjahresniveau (+14,3 Prozent). „Wir freuen uns über die kontinuierlich positive Entwicklung in Westeuropa und sehen, dass unsere Arbeit zu guten Resultaten führt. Über das gesamte Jahr 2016 rechnen wir daher mit einem starken Auslieferungsplus“, erklärt Bram Schot, Mitglied des Markenvorstands Volkswagen Nutzfahrzeuge für Vertrieb und Marketing.
Die Entwicklung der rückläufigen Märkte wie Südamerika bliebe allerdings weiterhin herausfordernd, so Schot. In Deutschland wurden in den ersten drei Quartalen des Jahres 102.300 Fahrzeuge an Kunden übergeben (+12,2 Prozent). In den europäischen Volumenmärkten Italien (+49,9 Prozent auf 9.200 Fahrzeuge), Spanien (+35,2 Prozent auf 11.000 Fahrzeuge), Frankreich (+21,6 Prozent auf 15.900 Fahrzeuge) und Großbritannien (+1,2 Prozent auf 41.500 Fahrzeuge) legte Volkswagen Nutzfahrzeuge ebenfalls zu.In Osteuropa wurde mit 28.100 ausgelieferten Fahrzeugen der Marke ein deutliches Plus von 12,4 Prozent erzielt.Außerhalb Europas legte die Region Nordamerika um 21,7 Prozent auf 6.600 Fahrzeuge sowie der Einzelmarkt Südafrika um 1,5 Prozent auf 7.200 Fahrzeuge zu. Die Märkte in Südamerika (-11,9 Prozent auf 27.600 Fahrzeuge), Afrika ( 1,5 Prozent auf 12.500 Fahrzeuge), Asien-Pazifik (-1,2 Prozent auf 18.000 Fahrzeuge) und Nahost (-1,6 Prozent auf 27.900 Fahrzeuge) verbuchten Rückgänge der Fahrzeugauslieferungen.Übersicht der weltweiten Auslieferungen nach Baureihen:163.000 Fahrzeuge der T-Baureihe (139.200; +17,1 Prozent)131.500 Fahrzeuge der Caddy-Baureihe (114.300; +15,0 Prozent)57.600 Fahrzeuge der Amarok-Baureihe (62.600; -8,0 Prozent)38.800 Fahrzeuge der Crafter-Baureihe (40.400; -4,1 Prozent)

Dem Rückschrittsbericht zur Türkei müssen Taten folgen

MIL OSI – Source: Die Linke – Press Release/Statement

Headline: Dem Rückschrittsbericht zur Türkei müssen Taten folgen

„Dem ‚Rückschrittsbericht‘ der EU-Kommission müssen jetzt Taten folgen”, kommentiert Andrej Hunko, europapolitischer Sprecher der Fraktion DIE LINKE, den heute von der EU-Kommission vorgelegten Bericht zur Türkei. Hunko weiter:
„Die Türkei hat im vergangenen Jahr eine dramatische Verschlechterung in Bezug auf Menschenrechte, Demokratie und Rechtsstaatlichkeit erfahren. Präsident Erdogan baut die Türkei zu einer lupenreinen Diktatur um. Die EU-Beitrittsverhandlungen müssen unverzüglich ausgesetzt werden.
Dasselbe gilt für die milliardenschweren Heranführungshilfen, mit denen die EU das Erdogan-Regime im Kontext der EU-Beitrittsverhandlungen unterstützt. Allein seit 2007 hat die Türkei in diesem Rahmen fast 6,7 Milliarden Euro erhalten – unter anderem für die Förderung von Demokratie, Rechtsstaat und Grundrechten. Das ist mittlerweile blanker Hohn. Diese Zahlungen müssen eingefroren werden.”

Commission proposes changes to the EU's anti-dumping and anti-subsidy legislation

MIL OSI – Source: European Union – Press Release/Statement

Headline: Commission proposes changes to the EU's anti-dumping and anti-subsidy legislation

The European Commission today presented a proposal for a new method for calculating dumping on imports from countries where there are significant market distortions, or where the state has a pervasive influence on the economy. The purpose is to make sure that Europe has trade defence instruments that are able to deal with current realities – notably overcapacities – in the international trading environment, while fully respecting the EU’s international obligations in the legal framework of the World Trade Organisation (WTO). The proposal, which introduces changes to the EU’s anti-dumping and anti-subsidy legislation, follows a broad public consultation and is accompanied by an impact assessment.
The EU needs to ensure that its trade defence instruments (TDIs) remain effective in dealing with significant market distortions in certain countries that can lead to industrial overcapacity, and that encourage exporters to dump their products on the EU market.This causes damage to European industries, which ultimately can result in job losses and factory closures, as has been the case recently in the EU steel sector.  
Today’s proposal should be seen in the context of the October European Council’s call for an urgent and balanced agreement on the Council position on the comprehensive modernisation of all trade defence instruments by the end of 2016. Reforming the anti-dumping methodology would be an important part of the reforms needed, on top of the modernisation of all TDIs which the Commission proposed back in 2013.
This new anti-dumping methodology would apply to cases initiated once the amended rules are in force. The proposal also includes a transition period during which all anti-dumping measures currently in place as well as ongoing investigations would remain subject to the existing legislation. The Commission has also proposed a strengthening of the EU anti-subsidy legislation so that in future cases, any new subsidies revealed in the course of an investigation can also be investigated and included in the final duties imposed. The European Parliament and the Council will now decide on the proposal through the ordinary legislative procedure.
EU Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “Trade is Europe’s best growth lever. But free trade must be fair, and only fair trade can be free. Today we are presenting a proposal to adapt our trade defence instruments to deal with the new realities of over-capacity and a changing international legal framework. More than 30 million jobs in Europe, including 6 million jobs in SMEs, depend on free and fair trade which remains at the heart of EU strategy for jobs and growth.”
EU Trade Commissioner Cecilia Malmström commented: “The proposal is important because it means that the EU is living up to its WTO commitments. This method is country neutral and does not grant ‘market economy status’ to any country. The proposal, once adopted by the European Parliament and the Council, will ensure that the EU’s Trade Defence Instruments are adapted to face new challenges as well as our legal and economic realities. We also maintain an equivalent level of protection.”
Under current rules, in normal market circumstances dumping is calculated by comparing the export price of a product to the EU with the domestic prices or costs of the product in the exporting country. This approach will be kept and complemented by the new methodology that will be country-neutral. It will apply the same way to all WTO members and will take into account significant distortions in certain countries, due to state influence in the economy. WTO members will no longer be part of a list of countries subject to the so called “analogue country” methodology. This approach will be reserved for non-market economy countries that are not members of the WTO.
In determining distortions, several criteria will be considered, such as state policies and influence, the widespread presence of state-owned enterprises, discrimination in favour of domestic companies and the independence of the financial sector. The Commission will draft specific reports for countries or sectors where it will identify distortions. As is the case today, it will be for the EU industry to file complaints, but they can rely on such reports by the Commission to make their case.
The Commission’s Impact Assessment demonstrates that the new methodology will result in a broadly equivalent level of anti-dumping duties as is currently the case.
Today’s decision follows orientation debates held by the College on this subject in January and July. Extensive stakeholder and social partner contacts and a public consultation (which delivered more than 5300 replies) were also at the base of the decision taken today. A full Impact Assessment was conducted to assess the implications of any decision on each Member State and economic sector.
The adopted approach will ensure that the EU fulfils its international legal obligations, guarantees the continued effectiveness of the EU’s TDIs and further strengthens them, while maintaining the overall existing employment levels.
This proposal does not replace the 2013 proposal on modernisation of the EU’s Trade Defence Instruments. The earlier proposal would streamline procedures and allow the EU to impose higher duties in certain circumstances. The European Parliament adopted its report in the first reading and the Commission expects the Council to quickly overcome the differences preventing its adoption. The Council will address this proposal on Friday, 11 November.
Both these proposals were addressed in the Communication “Towards a robust trade policy for the EU in the interest of jobs and growth” presented by the Commission ahead of the October European Council.
More information
MEMO: Commission proposes changes to the EU’s anti-dumping and anti-subsidy legislation
The proposal
Impact assessment
Commissioner Malmström’s blog post
Press release: Commission urges Member States to support proposals to strengthen European defences against unfair trade
Press release: Steel industry: Commission takes action to preserve sustainable jobs and growth in Europe
Press release: College orientation debate of July 2016
Communication: Modernisation of Trade Defence Instruments (2013): Adapting trade defence instruments to the current needs of the European economy
More information on EU trade defence

Autumn 2016 Economic Forecast: Modest growth in challenging times

MIL OSI – Source: European Union – Press Release/Statement

Headline: Autumn 2016 Economic Forecast: Modest growth in challenging times

Economic growth in Europe is expected to continue at a moderate pace, as recent labour market gains and rising private consumption are being counterbalanced by a number of hindrances to growth and the weakening of supportive factors. In its autumn forecast released today, the European Commission expects GDP growth in the euro area at 1.7% in 2016, 1.5% in 2017 and 1.7% in 2018 (Spring forecast: 2016: 1.6%, 2017: 1.8%). GDP growth in the EU as a whole should follow a similar pattern and is forecast at 1.8% this year, 1.6% in 2017 and 1.8% in 2018 (Spring forecast: 2016:1.8%, 2017: 1.9%).
Private consumption is set to remain the primary engine of growth through to 2018, supported by expectations for employment to continue growing and wages to pick up slightly. Borrowing costs remain supportive to growth due to exceptionally accommodative monetary policy. The euro area aggregate budget deficit is set to continue to edge down, while the fiscal stance is projected to remain non-restrictive. Investment is set to continue increasing.
However, political uncertainty, slow growth outside the EU and weak global trade weigh on growth prospects. There is also still a risk that the economy’s weak performance in recent years could hold back growth, and persistent slack points to the possibility of faster growth without undue inflationary pressures. Moreover, in the coming years, the European economy will no longer be able to rely on the exceptional support it has been receiving from external factors, such as falling oil prices and currency depreciation.
Vice-President Valdis Dombrovskis, responsible for the Euro and Social Dialogue, said: “EU economies have proven to be resilient. We expect all Member States economies to grow next year. In the light of increased global uncertainty, it is now even more important to pursue sound and prudent macroeconomic and budgetary policies. At the same time it is vital to address inequalities in our societies, so that no-one feels left behind.”
Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs, said: “European growth will hold up in 2017 against a more challenging backdrop than in the spring. The pace of job creation, boosted by recent reforms in many countries, decreasing public deficits in the euro area, a pick-up in investment and more dynamic EU-intra trade are particularly encouraging. In these volatile and uncertain times, no effort must be spared to safeguard and strengthen this recovery – and ensure that all sections of society feel its benefits.”
All Member States to benefit from the current recovery
While the trend of widely differing economic performance continues, EU GDP is now higher than before the crisis and GDP in some Member States stands more than 10% above its trough. Over the forecast period, economic activity in all Member States is set to increase further but to remain uneven.
Investment to rebound in 2018 in part thanks to EU co-funding
Having suffered from low demand growth and expectations of weak potential growth, ongoing corporate debt reduction in some Member States and heightened uncertainty, the investment environment is finally brightening and investment is expected to pick up in 2018. Projects financed under the Investment Plan for Europe, as well as – in some Member States – projects co-financed with EU funds from the 2014-2020 programming period, should increasingly support private and public investment as they enter their implementation phase. Overall, investment is forecast to grow by 3.3% this year, 3.1% in 2017 and 3.5% in 2018.
A relatively job-rich recovery
Employment in the euro area and the EU is expected to grow by 1.4% this year, faster than at any time since 2008, though slack remains in the labour market. Job creation is set to continue benefiting from domestic demand-led growth, moderate wage growth, as well as fiscal policy measures and structural reforms in some Member States. Employment growth is forecast to remain relatively solid, though slightly moderating in 2017 and 2018. Even though the labour force is expected to grow faster this year due to increased participation rates and the gradual integration of refugees in the labour market, unemployment in the euro area is expected to decline relatively fast, from 10.1% in 2016 to 9.7% next year and 9.2% in 2018. The trend is expected to be the same for the EU as a whole, with unemployment set to fall from 8.6% this year to 8.3% next year and 7.9% in 2018. For the euro area, this is the lowest level since 2009. It compares to a 2013 peak of 12%, but remains well above the 7.5% low reached in 2007.
Inflation to pick up from a very low level, driven by energy prices
Inflation in the euro area was very low in the first half of the year due to falling oil prices, but started to pick up in the third quarter as the impact of past price decreases began to wear off. Inflation should now climb moderately above 1%, as oil prices are assumed to rise. Core inflation, which excludes volatile energy and food prices, is expected to rise gradually amid higher wage growth and a further narrowing of the output gap. Overall, inflation in the euro area is expected to rise from 0.3% in 2016 to 1.4% in both 2017 and 2018. In the EU, inflation is forecast to rise from 0.3% this year to 1.6% in 2017 and 1.7% in 2018.
Public finances to continue improving
Both the aggregate public deficit and the government debt-to-GDP ratio of the euro area are expected to continue declining over the forecast horizon of 2017-2018. The public deficit for the euro area is expected to fall from 1.8% of GDP this year to 1.5% in both 2017 and 2018. This is a result of lower social transfers in line with falling unemployment, wage bill moderation in the public sector and low interest rates, which make debt-servicing cheaper. The debt-to-GDP ratio is expected to fall from 91.6% in 2016 to 89.4% in 2018.
Little export support expected from global growth
Global GDP growth fell further in recent months and is now expected at 3.2% this year, its lowest since 2009. As growth in emerging markets and the United States is expected to strengthen, however, the global growth rate (excluding the EU) is expected to pick up modestly. The current weakness of global trade outside the EU is weighing on euro area exports despite the resilience of intra-euro area trade. World trade, which has been exceptionally fragile this year, is expected to grow more slowly than GDP in 2016 before rising back in line with GDP growth in 2017 and exceeding it slightly in 2018. Imports are expected to grow faster than exports in the euro area. The euro area’s current account surplus is forecast to decline over the forecast horizon.
Downside risks to the forecast have risen
Risks to the forecast have risen in recent months and are clearly tilted to the downside, including as a result of the UK ‘leave’ vote, which has raised uncertainty and can be seen as an indicator of heightened policy risks in the current volatile political environment. External risks, such as uncertain economic trends in China and the risk of aggravating geopolitical conflicts have also risen.

Background
This forecast is based on a set of external assumptions concerning exchange rates, interest rates and commodity prices with a cut-off date on 24 October 2016. The numbers used reflect market expectations derived from derivatives markets at the time of the forecast. For all other incoming data, including assumption about government policies, this forecast takes into consideration information up until and including 31 October 2016. Only policies credibly announced and specified in adequate detail are incorporated. Projections assume no policy changes.

For more information:
Autumn Economic Forecast – Website and #ecforecast (document only available in English)
European Economic Forecast – explanatory website
Follow Vice-President Dombrovskis on Twitter: @VDombrovskis
Follow Commissioner Moscovici on Twitter: @Pierremoscovici
Follow DG ECFIN on Twitter: @ecfin

European Commission appoints a new Internal Auditor

MIL OSI – Source: European Union – Press Release/Statement

Headline: European Commission appoints a new Internal Auditor

Mr Kraff, a German national, joined the European Commission in 1983. In 1988, he joined the European Court of Auditors. Through a variety of assignments there – he was a Head of division between 2003 and 2008 and a Director between 2008 and 2012 – he acquired an excellent understanding of how the EU’s external audit body works. In 2012, he returned to the Commission to take up the positions of Deputy Director-General in the Budget department and, simultaneously, the Commission’s Accounting Officer.
In his current role, Mr Kraff has been managing the relations between the Commission and the European Court of Auditors and is in charge of supervising the annual discharge procedure of the EU budget. This role, combined with his previous experience at the European Court of Auditors makes him very well suited for his new task of providing to the Commission independent, objective assurance and consulting services designed to add value and improve the operations of the Commission so that the institution meets its political objectives and spends the EU budget effectively and efficiently.
Mr Kraff holds a PhD in Economic Sciences from the University of Freiburg in Germany. He is also a Member of the International Public Sector Accounting Standards Board (IPSASB) Consultative Advisory Group (CAG).
Background:
The Internal Audit Service was established in 2001 and currently has a staff of some 150.
More information:
– CVs of the European Commission’s top managers
– Website of the Internal Audit Service