ESMA Chair Steven Maijoor participated today in the annual hearing of European Parliament’s Economic and Monetary Affairs Committee (ECON), together with the Chairmen of the European Banking (EBA) and European Occupational Pensions Authority (EIOPA).
The headquarters of the Banco de España in Madrid today hosted a seminar jointly organised with the European Investment Bank (EIB) and entitled “Digitalisation and Investment in Intangible Capital: the Spanish Case within the European Union.” Banco de España Governor Pablo Hernández de Cos and EIB Vice-President Emma Navarro attended the event, as did speakers from the business world as well as various public and private sector organisations and academic institutions.
The seminar was split into two sessions, the first of which focused on recent developments, determinants and barriers to digitalisation and investment in intangible capital in Spain from an EU standpoint. The second session saw a discussion on ways to support the digitalisation of companies and their investment in intangible capital.
In his speech opening the seminar, Banco de España Governor Pablo Hernández de Cos highlighted official statistics suggesting ample room for improving Spain’s global position in terms of both innovation investment and digitalisation – especially in relation to human capital – with these factors being particularly important for business productivity.
EIB Vice-President Emma Navarro highlighted “the need to invest in digitalisation and intangible capital due to its importance for productivity and long-term growth. Europe cannot fall behind with this investment, which is vital for our future. Although Spain is improving in this regard, it still has a long way to go.” She also emphasised the fact that innovation has been and continues to be among the EIB’s key priorities and pointed out how “in recent years, Spain has been able to make great use of the EU bank’s advantages for innovation financing.”
Investment situation in Spain
At the seminar, the EIB presented its annual report on investment in Spain, produced using the results of the 2019 round of the EIB Group’s annual Investment Survey of 13 500 firms across the European Union. The survey, now in its fourth year, provides information for understanding investment dynamics and needs in EU countries.
The document published today analyses the answers given by almost 600 non-financial Spanish companies, coming to the following main conclusions:
The survey also explores the financing of Spanish companies, providing these reflections:
Investment in the European Union
The seminar also included a presentation on the main conclusions of the EU Investment Report currently being prepared by the EIB using the survey data, and that will be published at the end of the month. These conclusions are as follows:
The study also recommends that the EU strengthen its climate action investment. To reach a low-carbon economy in 2050, the EU must expand its investment in energy infrastructure from 2% to 3% of GDP
November 04, 2019 About the EUIPO
Alicante News October 2019
The latest edition is out now.
The aim of Alicante News is to provide up-to-date information on EUIPO-related matters, as well as on other general IP issues, to the users of the EU trade mark and design registration systems.
In this issue:
November 01, 2019 About the EUIPO
Deputy Executive Director takes up mandate at EUIPO
The mandate of the EUIPO’s Deputy Executive Director, Andrea Di Carlo, begins today, 1 November 2019.
The Council of the European Union appointed Andrea Di Carlo to the position of Deputy Executive Director of the European Union Intellectual Property Office (EUIPO) on 26 September 2019.
Mr. Di Carlo is an Italian national, who has worked at EUIPO for more than 20 years.
He has held a variety of senior management positions at the Office, including Deputy Director of the International Cooperation and Legal Affairs Department where he led cooperation activities with the national and regional intellectual property offices of the EU. He also held the position of Deputy Director of the European Observatory on Infringements of Intellectual Property Rights after its transfer to the EUIPO in 2012.
From 1 October 2018 until 31 October 2019 he served as the Director of the Customer Department at EUIPO, overseeing all customer relations and customer-focused activities of the Office.
PRESS RELEASE
1 November 2019
Christine Lagarde, former Managing Director of the International Monetary Fund, has today taken up her duties as President of the European Central Bank (ECB).
She was appointed by the European Council on 18 October 2019 for a term of office of eight years.
She succeeds Mario Draghi, who was President of the ECB from 1 November 2011 to 31 October 2019.
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