EIB and IDB renew commitment to co-finance projects in Latin America and the Caribbean

The Inter-American Development Bank (IDB) and the European Investment Bank (EIB) renewed yesterday their commitment to cooperate and co-finance projects that contribute to the economic and social development of Latin America and the Caribbean.

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Extension of parental leave

Parents will be able to better combine work and family in the future, as on 30 November employment ministers agreed to strengthen the minimum requirements for parental leave. A new directive will give legal effect to a recent agreement between European employers and trade unions. All employees regardless of their type of contract will enjoy longer periods of leave and better protection against discrimination.

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Treaty of Lisbon comes into force

The Treaty of Lisbon enters into force today – 1 December 2009. The occasion will be marked by a ceremony in the City of Lisbon organised jointly by the Portuguese Government, the Swedish Presidency and the European Commission. The Commission believes that the new treaty provides significant new benefits for citizens and will settle the institutional debate for the foreseeable future. This will allow the European Union to fully concentrate on managing a smooth exit from the economic and financial crisis and pushing ahead with the 2020 strategy for greener growth.

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