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Global ECA Financing team | Barclays ; Ecas european casino industry report 2018

ABOUT US · Organisation · Members · Associate Members · ECA Code of Conduct · ECA Responsible Gambling · Industry facts & figures · Country-by-Country Report · Partners · EVENTS · ECA Events · ECA Summer Meeting · European Dealer Championship · Industry events · POLICY · Position Papers · Submissions and.
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Europe is still the region with the highest alcohol consumption in the world, which contributes significantly to the mortality from non-communicable diseases (NCD).... The institute is focused on analyses of markets and economies, it has monitored the alcohol market in Estonia for more than 30 years.
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Global ECA Financing team | Barclays


ecas european casino industry report 2018
But more than that at the ECA we've seen interest in gaming rise and the monetisation of this genre becoming established.. Our presence at CineEurope was unlike anything the event cinema industry has seen before and our partnership with Philips enabled us to provide a meeting space for members all.
We continue to innovate and invest in these integrated solutions and services to assist clients as they address this market demand.. our international business continued to experience growth across all major regions, including Europe and Asia on a constant currency basis during the year ended December 31, 2015.

ecas european casino industry report 2018 ECA's Special Report on access to EU Institutions' procurement: will it give a push to further reform?
I use it to publish my thoughts on recent developments and to comment on selected Judgments of the Court of Justice of the EU.
All comments are personal and in no way bind any of the institutions to which I am affiliated and, particularly, the University of Bristol Law School or the European Commission.
I hope to spur discussion and look forward to your feedback and participation.
On 13 July 2016, the published itswhere it examines how accessible the EU Institutions make their public contracts.
I had the honour and pleasure of being invited to act as an academic expert during the preparation of this report, as well as to participate in a stakeholder meeting where the report was discussed with its main addressees, including the business community and the EU Institutions themselves.
However, please note that the following only reflects my personal opinions about the report and any future developments.
In my view, this indicates that the effects positive or negative of the regulation and development of public procurement by the EU Institutions should attract more attention than it usually does.
The report is generally positive on compliance issues, and it is clear that the European Court of Auditors takes no issue speaking, india vs england lords 2018 you the way in which the EU Institutions manage their procurement activities from a legal compliance perspective, since it found that ' the management and control arrangements were robust and reduced the risk of errors which could deter businesses from participating and prevent fair treatment'.
However, the European Court of Auditors considered that the approach to procurement could be more strategic or market-oriented and, in particular, that EU Institutions could do more to facilitate SME access.
Such a review should take place before economic operators may turn to the EU Ombudsman or to the EU Courts.
Most of these recommendations are welcome and the European Court of Auditors should be encouraged to put some pressure on the EU Institutions, so that they materialise.
There are, however, two recommendations that deserve some additional comments: recommendation 6 on remedies and recommendation 7 on the creation of a single public repository.
What is more surprising, or maybe not, is that both the Council and the Parliament decided to omit this recommendation from their replies to the report, and worth playing wow the Commission expressly opposed it.
Indeed, in its reply to the report, the Commission indicated ecas european casino industry report 2018 As far as the EU institutions are concerned, the Commission considers that the setting-up of a non-judicial review body, in addition to the already existing review mechanism provided for in the Financial Regulation, is neither needed nor appropriate as it would generate disproportionate costs for the benefits sought.
The Financial Regulation already provides that the unsuccessful tenderers are notified of the grounds and details reasons for their rejection and they may request additional information.
Such requests are subject to a strict deadline: the contracting authority must provide this information as soon as possible and in any case within 15 days of receiving the request.
In addition, whenever an act adversely affecting the rights of the candidates or tenderers is notified to the economic operators in the course of a procurement procedure e.
The Commission considers that the limited number of actions before the General court which dealt with procurement by the Union institutions 17 and the fact that compensation for alleged damages is rarely granted by the Court are strong indicators that the system in place is efficient and fit for purpose.
Hence, the setting up of the suggested rapid review is not only not needed but it would also represent a disproportionate measure, not in line with cost-efficiency and not a good use of ecas european casino industry report 2018 resources reply to point 78 of the report, emphasis added.
This is surprising because the European Commission does not seem willing to apply to its own procurement activities the standards of independent review that it promotes for Member States.
In my opinion, a domestic system could not avoid a ecas european casino industry report 2018 investigation on the effectiveness of its procurement remedies system with the argument that there are very few cases and those are unsuccessful, not least because the general principle of EU law that requires effectiveness of remedies ultimately requires that the available remedies do not make it practically impossible to claim the corresponding EU rights, which could be the case here.
When the procurement cases in front of the General Court last on average 35 months see para 82 of the report and the cost of litigation at the highest EU level is taken into consideration, one should not be too ready to accept the Commission's submission that the reduced number of such cases indicates the lack of need for more accessible, speedier and more effective review mechanisms.
Moreover, the creation of such an alternative mechanism could also contribute to reduce the pressures on the General Court's procurement docket and, in general, facilitate specialisation and more flexibility in the resolution of conflicts.
Thus, the blanket rejection of the recommendation by the Commission seems to require some rethinking, and it here seem advisable to explore suitable alternatives, such as the creation of a procurement review agency, the submission of the procurement of the EU Institutions to the procurement remedies system of the relevant Member State, or some other similar option--including the possibility of creating a specialised chamber within the General Court, although this is an unlikely option for reasons that would take us too far from the discussion.
It is also important to stress that the creation of robust remedies mechanisms in public procurement and in other areas of EU economic law is not solely for the benefit of undertakings that partake in those procedures, but in the ultimate benefit of the taxpayer and society at large.
In the case of procurement, if potential suppliers do not consider that they have a fair chance of protecting their interests, they will refrain from making investments in the submission of tenders.
Such reduction of competition for public contracts carries an important implicit cost.
Thus, aiming to save on direct ecas european casino industry report 2018 costs may well be self-defeating if this results in much larger shadow or indirect costs.
This is not to mean that remedies should be promoted beyond the point necessary to ensure the integrity and probity of the procurement process, or that generous or disproportionate damages claims are the best way to ensure those remedies.
What seems clear to me is that the issue of public procurement remedies under EU law requires further research and thought, and most certainly legal reform to adapt the existing system to the reforms of the 2014 Public Procurement Package.
In that regard, it seems desirable for the Commission to carry on with the seemingly ecas european casino industry report 2018 --and that such would be the ideal occasion to include the issue of remedies in the setting of EU Institutions' procurement in the proper considerations.
This raises, once more, the very tricky issue of the appropriate level of transparency of public procurement procedures and their outcomes, and the undesirable unforeseen effects that it can create.
There is no doubt that the European Court of Auditors, like any audit body at national or international level, requires this information in order to discharge its functions.
However, it is far from clear that see more is a positive value in publishing all this information.
While making this information public could contribute to some aspects of public governance such as NGO and press scrutiny of these activitiesit is by no means less clear that creating excessive transparency would contribute to anti-competitive strategies and potentially result in the cartelisation of public procurement markets.
In that regard, I would the need for a more nuanced approach to the compilation and publication of this type of information.
As a functional criterion, only the information that is necessary to ensure proper oversight and the effectiveness of anti-corruption measures should be disclosed, whereas the information that can be most damaging for competition should be withheld.
Generally, what is needed is more granularity in the levels of information that are made accessible to different stakeholders.
The full transparency approach implicit in recommendation 7 of the European Court of Auditors' report, whereby all information is made available to everyone via a public registry or repository, falls very short from the desired balance between transparency and competition goals of public procurement.
A system based on enabling or targeted transparency, whereby each stakeholder gets access to the information it needs for a specific purpose, is clearly preferable.
In more specific terms, the following normative recommendations should be subjected to further discussion in the roll-out of recommendation 7.
They are by no means exhaustive and simply aim to specify the sort of nuanced approach to disclosure of public procurement information that is hereby advocated.
Access to the ecas european casino industry report 2018 registry should be restricted to public sector officials under a strong duty of confidentiality protected by appropriate sanctions in cases of illegitimate disclosure.
Oversight entities, such as the audit court or the competition authority, should have full access.
However, other entities or specific civil servants should only access the information they require to carry out their functions.
In case of access, ethical approval shall be obtained, anonymization of data attempted, and specific confidentiality requirements duly imposed.
This is particularly relevant if public contract registries are used for the purposes of assessing past performance under the new rules.

Ron Goudsmit, Chairman, ECA


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Air Suspension Market Growth - 7.54% CAGR to 2021 Led by Europe

We continue to innovate and invest in these integrated solutions and services to assist clients as they address this market demand.. our international business continued to experience growth across all major regions, including Europe and Asia on a constant currency basis during the year ended December 31, 2015.
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Press releases for 4/18/2016

ECAs typically provide export finance in the form of guarantees and insurance although some also provide direct loans. The research is prepared through thorough primary and secondary research. Leitner, Huub Meijers, T.

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