Tag: European Commission

  • CROSS-BORDER DIPLOMACY | European Union’s parliament supports new resolution for foundation cross-border initiatives

    BRUSSELS |  Will European foundations ever be able to work across national borders? At this moment this is not possible. But a new resolution for European foundation statute is presently running through the European Parliament that may change that situation. If the resolution passes, European foundations will be able to engage in transnational initiatives from country to country (just as U.S. foundations are able to work from state to state). The problem right now is that efforts by European foundations are hampered by a European legal and operating environment that does not afford them the advantages of a single market. Many European initiatives are delayed or abandoned due to such barriers as high legal and administration costs, difficulties with the recognition of foreign legal personalities, and legal uncertainties over the recognition of the “public interest” nature of resident foundations’ cross-border work and public-benefit status. On July 2, 2013, members of the European Parliament have voted by a large majority to support a resolution for a European foundation statute, the implementation of which will make it easier for foundations to support cross-border initiatives on the continent. In a statement after the vote, Evelyn Regner, vice chair of the Legal Affairs Committee of the …