Just as happened during the spring, socialists were proven right on the direction needed to fight the economic crisis. PES President Poul Nyrup Rasmussen stated; “We welcome the current momentum for the creation of a European Debt Agency*. Unfortunately, much like it was the case last spring, conservatives’ u-turn tactics and constant delay, are penalising the EU and making peripheral countries even more vulnerable.”

Since the speculative attacks on Greece, the PES has advocated that the EU must get ahead of the crisis.

Two-speed world economy in 2011, global uncertainty remains

BRUSSELS, December 7, 2010 – Expansion in the European chemical industry will moderate in 2011 after double-digit year-on-year growth in 2010, industry group Cefic confirmed today.

The European chemical trade group‟s annual summary forecast of chemical sector economists predicts growth of 2.5 per cent next year. Cefic confirms its forecast made six months ago, that the EU chemicals sector will post a year-on-year recovery of 10 per cent for 2010.

          o Leading commentators from Government and finance line up for ACCA event debating public sector sustainability
          o Former Head of the Civil Service and former government minister offer thoughts on Government Spending Review
          o Reliability of finance figures to be declared “essential” in the face of the economic downturn
          o High level conference available on-line – registration open from late November

Brussels, 6 December 2010

A coalition of businesses, professional and civil society organisations has reacted with dismay to the failure of Transport and Energy Ministers to agree on binding measures to achieve energy efficiency targets.

CANCUN, Mexico – At the United Nations Climate Change Conference (COP-16) in Cancun, the International Council of Chemical Associations (ICCA) hosted a special panel discussion presenting an update on efforts being undertaken by the chemical industry to reduce greenhouse gas (GHG) emissions.