Europe

Risk Managers are developing strategic Role and wider View of Risks

Source: FERMA. European risk managers are taking a more strategic role in their companies with increasing access to top management levels and the board. Against this background, they have a wider vision of the risks that could affect the ability of business to achieve its objectives. These are the key conclusions of the 8th European Risk and Insurance Survey conducted by the Federation of European Risk Management Associations (FERMA) and reported in the FERMA European Risk and Insurance Report. The […]

Uncertainty

By Jack Kruf A week ago, the United Kingdom voted for Brexit. ‘We are out’. The buzzword last week was  ‘uncertainty’, coming from the mouths of thousands of politicians, citizens and business leaders. The last seven days it was by far the most mentioned issue, word, context with huge consequences for the market. ISO defines risk as ‘the effect of uncertainty on objective’. Well, here we are. Risks affecting society – public risks – are about social and economic performance, professional and political […]

Brexit – what would happen if Britain left the EU?

Source: The Guardian David Cameron’s electoral triumph has brought the prospect of a British withdrawal from the EU one step closer. The prime minister has vowed to reshape Britain’s ties with Europe before putting EU membership to a vote by 2017. But what would “Brexit” – a British exit from the 28-nation EU – look like? Eurosceptics argue that withdrawal would reverse immigration, save the taxpayer billions and free Britain from an economic burden. Europhiles counter that it would lead to deep […]

Migrant deaths may force Europe policy change

Times of Malta The outrage Europe’s leaders face over the deaths of hundreds of refugees trying to reach its shores may force a shift in a policy critics decry as letting people drown to deter others in desperate need. The moat that the Mediterranean forms between Fortress Europe and less fortunate neighborus may become slightly less forbidding, even if the focus will still be to discourage the crossing in ways other than raising the risk of dying at sea. Scrambling […]

Cohesion Policy

The main goal of PRIMO is to develop an holistic approach of city governance, i.e. an integrated approach where the city is considered as an entity and in which all institutions and stakeholders cooperate to realize political targets. In this approach the common adressing of risks and benefits, of chances and threatenings is crucial for success. Moreover the ‘tuning’ with higher governmental institutions is crucial. This approach is anchored within our statutes and businessplan, our networks, products and services. Multi-level […]

#1 State of the Union EU

“You can trust the European Union to do what it takes to secure your future” Source: European Commission Speech: President José Manuel Barroso Commission President José Manuel Barroso set out his strategic plans for the EU over the next year in his State of the Union speech to the European Parliament. “My message to each and every European is that you can trust the European Union to do what it takes to secure your future,” he said. The EU’s economic […]

Risk analysis on society as a whole: Calling time on progress

Europeans thought they were progressing towards an ideal civilisation. Now time is up, and it hurts Source: the Economist “VIEWED from afar, Europeans are a complacent, ungrateful lot. Nannied from cradle to grave by the world’s most generous welfare systems, they squeal like spoiled children when asked to give up just a few of their playthings. As governments in the euro zone trim benefits and raise the retirement age in the wake of the sovereign-debt crisis, a wail of indignation […]

Lomborg: Europe’s determination to decline

Looking closely into the exact correlation of factors is half the work of good public risk management. Bjørn Lomborg lines out how economic crisis and managing climate related targets are interrelated. So called advantages are not always how appear to be, more than that they slow down a development. Source: Politiken.dk By Bjørn Lomborg, head of the Copenhagen Consensus Center, and adjunct professor at Copenhagen Business School “In a heroic case of finding a silver lining in the bleakest of […]

EU policy guru: ‘Austerity plans risk stifling growth’

What risks are actual embedded in the approach of our public debt. It is clear that we should listen to one another, because one strategy seems not to fit all. Our public leaders Sarkozy, Obama and Merkel circle around the facts and the different strategies. This article shares a light on the different angles and aspects of the different approaches. Source: EurActiv “Austerity measures to cut public debt and rein in speculation on the euro are threatening to kill the […]

Sharing a common goal: local authorities as crucial factor

The The Committee of Regions underlines the importance of local authorities in sharing a common goal, such as the challenges associated with global warming. The multi-level governance approach could lead to a true cooperation in the governance of common risks that we face. Local authorities can function as building blocks to develop a common strategy, crucial for public management and governance. To realise this, PRIMO Europe argues that we need to share the knowledge. This is the mission statement of […]

The social crisis warrants as much political commitment as the banking crisis

Source: Committee of the Regions 03.06.2010 – Europe’s financial and economic crisis is increasingly becoming a social crisis too, and is testing European solidarity to the limit. The EU’s territorial cohesion and public confidence in European integration are both at stake. At their plenary session, to be held on 9 and 10 June 2010, the elected representatives of Europe’s regions and local authorities, meeting as members of the Committee of the Regions, will voice the public’s expectations for the European […]

Eurozone in crisis

Source: BBC One of the main causes of the currency crisis in the eurozone is that virtually all countries involved have breached their own self-imposed rules. Under the convergence criteria adopted as part of economic and monetary union, government debt must not exceed 60% of GDP at the end of the fiscal year. Likewise, the annual government deficit must not exceed 3% of GDP. However, as the maps show, only two of the 16 eurozone countries – Luxembourg and Finland […]

Local authorities to strengthen partnerships/ Consolidation des partenariats par les autorités locales

Source: Public Service Article Friday, May 14, 2010 It’s time to create strong public/private partnerships which would take forward economic, social and environmental well being for citizens and communities, says the European Federation of Local Government Chief Executives (UDiTE). Many local government chief executives are set to reposition their policies for economic, social and environmental regeneration after facing the worst economic recession since the 1930s along with significant budget cuts. This has prompted transformational and influential changes in the way […]