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EU Financing for Broadband Infrastructure
Projects 2014 - 2020
28th – 29th September 2015, Berlin
Brochure
Interactive Seminar
With experts from:
• European Commission DG Connect, Broadband Unit
• European Commission DG Competition, State Aids Unit, Information,
Communication and Media Directorate
• European Investment Bank, Projects Directorate
• EAFRD Managing Authority, Federal Ministry of Agriculture, Forestry, Environment
and Water Management, Austria
• ERDF funded Broadband Project “Superfast North Yorkshire”, United Kingdom
• EIB First Launched Project Bond, Axione Infrastructure & Bouygues
Energies & Services, France
• CSI-Piemonte – Information System Consortium of Piedmont‘s Public Administration,
Research and Innovation, Italy
Including Workshop:
Application Training for EIB Funding and Financial Instruments
1
INTERACTIVE SEMINAR
EU Financing for Broadband Infrastructure
Projects 2014 - 2020
Get the latest news on new EU funding and financial instruments for
broadband projects 2014-2020
The EU provides multiple sources of financing for broadband projects, in form of various EU
funds as well as European Investment Bank instruments. In the new programming period,
broadband projects are not only supported via European Structural and Investments
Fund (ESIF), including EAFRD and through the Connecting Europe Facility (CEF). Brand
new instruments like the European Investment Bank (EIB) Project Bond Initiative and
the European Fund for Strategic Investments (EFSI) are aiming to boost broadband
infrastructure development and networks to a higher level through new sources of direct
investments. But the application process varies significantly within the range of these
financing opportunities and requires a high level of expertise of all stakeholders involved.
Moreover, in 2014, the European Commission adopted new State aid regulations. The
General Block Exemption Regulation (GBER) frees broadband infrastructure projects
from the requirement of prior notification to the Commission under specific conditions.
This simplification will foster new investments and has to be taken into consideration while
assessing and selecting different funding opportunities in the future. The comprehension of
the changes in the regulatory framework and guidelines is absolutely necessary to ensure
the success and effectiveness of the approval application as well as the implementation
of broadband projects.
All stakeholders involved in the implementation of broadband
projects in the EU need to be acquainted with the following issues:
• What are the new EU funding opportunities and financial instruments available for
broadband projects?
• Which kind of actions will be funded and which organisations are eligible?
• How to successfully apply for funds and financing instruments 2014-2020 and how to
avoid typical pitfalls in the application process
• What are the practical challenges that can occur during the project’s implementation?
• How to make use of the new State aid guidelines for Broadband
Obtain a thorough overview of the current developments in EU financing for broadband
infrastructure and receive the answer to all your questions and uncertainties. Benefit from
best practice examples of European broadband projects and avail from their experiences
and lessons learnt at this intensive interactive seminar.
“Full of practically useful information and delivered by
people with valuable experience and expertise.”
Jeff Foot, Head of External Funding and Investment,
Highlands and Islands Enterprises, United Kingdom
2
Who is this seminar for?
Practitioners and decision makers
involved in the implementation of
broadband infrastructure projects
from institutions such as
•
•
•
•
•
•
National, regional and local
administrations responsible for and
involved in broadband
development, deployment and
infrastructure, incl. ministries and
agencies
Managing Authorities and
Intermediate Bodies for EU Funds:
ERDF, ESF, CF and EAFRD
Technology and telecommunication
companies, suppliers and
providers of broadband
infrastructure
ICT clusters and
telecommunication networks
Public and private banks involved
in financing broadband
Consultancies specialised in
broadband
From departments such as
•
•
•
•
•
•
•
Broadband and Infrastructure
Strategic Planning Division
Electronic Communication
ICT / Telecommunication /
Digitisation
Regional & Rural Development
EU Funds
State Aid Control and Monitoring
What will you learn at this seminar?
• Which funds are available 2014-2020? Which projects and organisations are eligible?
• What is new in the field of broadband technologies? What are the future trends with
regard to the Digital Agenda in Europe?
• What are the responsibilities of the Managing Authorities, Intermediate Bodies and
beneficiaries with regard to the new funding opportunities for broadband?
• How can I successfully use ESI Funds for broadband projects?
• How to apply and implement an ERDF funded broadband project in practice
• What do I specifically take into account when using the European Agriculture Fund
for Rural Development (EAFRD) to finance broadband in rural areas?
Your benefits
•
Get first-hand information from
the European Commission and the
European Investment Bank on new
funding and financing instruments
– Exchange opinions and receive
practical advice from various
perspectives
•
Learn about the changes in the EU
State aid Guidelines for Broadband
– Be informed in time and prepare
for the new requirements
•
Find out how to successfully apply
for and use ESI Funds and EIB
financial instruments from
successful Beneficiaries
•
Get direct insight in the EC-EIB
cooperation and learn about the
new European Fund for Strategic
Investments (EFSI)
•
Benefit from various case studies
and lessons learnt from best
practice project examples – Receive
valuable practical advice
•
Be pro-active and raise your
questions and uncertainties with
regard to the various EU financing
opportunities for broadband
• Which new financial instruments does the European Investment Bank (EIB) provide
for broadband projects, how to apply for them and which projects are eligible?
• How do the EIB project bonds initiative and the new European Fund for Strategic
Investments look like?
• How to use financing within the new Connecting Europe Facility (CEF)
• What are the new requirements of the new revised State aid Guidelines as well as the
new GBER for Broadband and what kind of impact do these changes have?
• How to support a bottom-up approach in a broadband project
• How to finance broadband projects through public-private-partnerships
• Network and exchange experiences
with our experts and colleagues
from all across Europe
“Very good, with extremely relevant practical cases.”
Thomas Kampmann, Consultant Regional Development,
North Denmark Region, Denmark
PROGRAMME DAY 1
EU Financing for Broadband Infrastructure
Projects 2014 - 2020
8.30-9.00
Registration and Handout of Seminar Material
9.00-9.05
Opening Remarks from the European Academy for Taxes, Economics
& Law
9.05-9.30
Welcome Note from the Chair and Round of
Introductions
Andy Lister, Programme Director, Superfast North
Yorkshire – An ERDF funded Broadband Project
by North Yorkshire County Council, Department for
Culture, Media and Sports, British Telecom and NYnet,
United Kingdom
9.30-10.15
EU Financing for Broadband – Unfolding a
New Key Priority for Growth 2014-2020
•EU broadband policy 2014-2020
- New developments in the field of financing broadband infrastructure projects in Europe
- Digital Agenda and Digital Single Market
- Broadband targets for Europe
- The EU’s Next Generation Access (NGA) challenge
•European Broadband Portal
- Broadband in member states
- Mapping initiative
Dr Robert Henkel, Senior Policy Officer, Broadband
Unit, Directorate General for Communications
Networks, Content and Technology (DG Connect),
European Commission
10.15-10.30
Discussion Round
10.30-11.00
Coffee Break and Networking Opportunity
11.00-11.45
New Funding and Financing Instruments
2014-2020
•Funding broadband under ESI Funds 2014-2020
- What is new in ERDF and EAFRD?
- How will funding be allocated?
- How can ESI Funds support broadband infrastructure projects in
practice?
•EU level financial instruments
- Cooperation between European Commission and EIB
- New financing schemes and initiatives
- The Connecting Europe Facility (CEF)
•Broadband plan: Guide to high-speed broadband investment
Dr Robert Henkel, Senior Policy Officer, Broadband
Unit, Directorate General for Communications
Networks, Content and Technology (DG Connect),
European Commission
11.45-12.00
Discussion Round
4
ANDY LISTER
Programme Director, Superfast
North Yorkshire – An ERDF
funded Broadband Project by
North Yorkshire County Council,
Department for Culture, Media
and Sports, British Telecom and
NYnet, United Kingdom
Andy Lister is Programme Director for ‘Superfast North
Yorkshire’ – a £30m project to deliver Next Generation
Access (NGA) to England’s largest rural area. He and
the project were invited by the European Commission
to participate in the B3 Regions Project, an EU-funded
programme designed to disseminate best practice in the
area of next generation broadband for rural areas across
the EU. He has had a key role in helping three major
UK broadband projects to get underway, namely NYnet
North Yorkshire, Digital Region South Yorkshire, and
Superfast North Yorkshire. Moreover, he has a specialist
expertise in State aid having successfully gained several
State aid approvals in the UK.
DR ROBERT HENKEL
Senior Policy Officer,
Broadband Unit, Directorate
General for Communications
Networks, Content and
Technology (DG Connect),
European Commission
Since 2002, Dr Robert Henkel is
Senior Policy Officer at DG Connect at the European
Commission. Prior to this position, he was Adviser of
the BDI (Bundesverband der Deutschen Industrie e. V./
Federation of German Industries) in Berlin. Between 1999
and 2000, he was Private Secretary of the President of
the EPP/ED-Group, Prof. Dr. Hans-Gert Pöttering, in the
European Parliament. From 1998 to 1999, Dr Robert
Henkel was Assistant to the Director General of the Joint
Research Centre (JRC), Herbert J. Allgeier, and member
of the Cellule de Communication in Brussels. He was
Assistant to the Deputy Director General Hendrik Tent
in the European Commission in the Directorate-General
Science, Research and Development for 3 years. In
this position, he had been working as a National Expert
from Germany in Brussels. Before that, he was working
as Policy Officer of the German Federal Ministry for
Education, Science, Research and Technology (BMBF),
Bonn from 1994 to 1995. Dr Robert Henkel worked as
Scientific Collaborator of the German Federal Parliament
in Bonn (1992-1994), as Policy Officer of the German
Federal Government for Research and Technology, in
the Berlin Department (1991-1992), and as Research
Scientist at the Technical University Berlin (TUB) in the
Department of Astrophysics (1987-1991).
12.00-12.45
Matching Broadband Technologies with
Regional and Local Needs – Which
Technology is Best for Your Requirements?
•Overview on broadband technologies
•Fixed lines technologies, wireless, direct broadcast satellite
•Comparison of technologies
•Infrastructure models – How to find the right strategy
•Future outlook on broadband technologies
Vittorio Vallero, Programme Manager, Research and
Innovation, CSI-Piemonte – Information System
Consortium of Piedmont‘s Public Administration, Italy
12.45-13.00
Discussion Round
13.00-14.15
Lunch Break and Networking Opportunity
EIB Financing
14.15-15.00
EIB Financing for Broadband: Next
Generation Networks and the New European
Fund for Strategic Investment (EFSI)
•Types of broadband projects financed – Case studies
•EIB financial instruments and core requirements for broadband
projects
•Perceived challenges in practice
•Future ahead: Financing broadband under the new Project Bond
Initiative and the European Fund for Strategic Investment
Dr Harald Gruber, Head of Division, Digital Economy
and Education (DEE), Projects Directorate,
European Investment Bank
15.00-15.15
Discussion Round
VITTORIO VALLERO
Programme Manager,
Research and Innovation, CSIPiemonte – Information System
Consortium of Piedmont‘s Public
Administration, Italy
Vittorio Vallero is Deputy Coordinator
of Infrastructures and Access Agenda
for Regional Piedmont at CSI-Piemonte, the Information
System Consortium of Piedmont‘s Public Administration.
Vittorio Vallero has been involved in the regional
broadband development programme WI-PIE since 2004,
dealing in particular with wireless technologies and
broadband mapping and coordinated satellite based pilot
projects for the public administration sector in Piedmont.
He participated in EU funded project like the fast-track,
INTERREG IV-C, B3-Regions (Regions for Better
Broadband Connection) and coordinated the CIP-PSP
funded EU thematic network project SABER (SAtellite
Broadband for European Regions). He has 19 years of
experience in the telecom field and started working with
VSAT satellite technology in 1998 with the FIAT group
dealers’ network in Europe.
DR HARALD GRUBER
Head of Division, Digital
Economy and Education (DEE),
Projects Directorate, European
Investment Bank
Dr Harald Gruber is Head of the
Digital Economy and Education (DEE)
Division at the Projects Directorate of
the European Investment Bank. He oversees project
appraisal in the telecommunication sectors and
advises on the Bank’s business strategy with respect
to the telecommunications sector and the knowledge
economy in general. Furthermore, he is on the editorial
board of Telecommunications Policy and Information
Economics and Policy and co-authors articles on the
mobile telecommunications sector in several scholarly
refereed journals such as Economic Policy, European
Economic Review and International Journal of Industrial
Organisation. He has been also Professor at Bocconi
University (Milan) for telecommunications economics.
“Excellent cross-section analysis of current EU funding schemes!”
Ivan Ivankovic, Project Coordinator and Network Designer,
Zagreb Holding ltd. Digital City Branch
5
PROGRAMME DAY 1
EU Financing for Broadband Infrastructure
Projects 2014 - 2020
Workshop
15.15-16.45
Application Training for EIB Funding
and Financial Instruments
The application for various funding and financial instruments
requires time, know-how and organisational capacities. In this
practical session participants learn how to apply successfully
and efficiently for EU level financial instruments. The group
work includes:
Which financing suits my project – How to identify
the right instrument/funding?
How to prepare, plan and monitor application
procedures
Participants then present their results to each other. In case
of any questions our expert is ready to give advice.
Dr Harald Gruber, Head of Division, Digital Economy
and Education (DEE), Projects Directorate,
European Investment Bank
16.45-17.00
Coffee Break and Networking Opportunity
17.00-17.45
ERDF Focus:
Successful Use of ESI Funds in Broadband
Projects – Experiences of an ERDF
Beneficiary
•From the project idea to its execution and implementation
•The application process
•How to monitor long-term broadband projects
•Collaboration with the Managing Authority and other stakeholders
•Project financing
•Practical experiences and lessons learnt – Superfast North
Yorkshire
•Specifics of using ERDF in the context of broadband
•The additionality of demand aggregation
Andy Lister, Programme Director, Superfast North
Yorkshire – An ERDF funded Broadband Project
by North Yorkshire County Council, Department for
Culture, Media and Sports, British Telecom and NYnet,
United Kingdom
17.45-18.00
Discussion Round
18.00
End of Day One
6
DR HARALD GRUBER
Head of Division, Digital
Economy and Education (DEE),
Projects Directorate, European
Investment Bank
Dr Harald Gruber is Head of the
Digital Economy and Education (DEE)
Division at the Projects Directorate of
the European Investment Bank. He oversees project
appraisal in the telecommunication sectors and
advises on the Bank’s business strategy with respect
to the telecommunications sector and the knowledge
economy in general. Furthermore, he is on the editorial
board of Telecommunications Policy and Information
Economics and Policy and co-authors articles on the
mobile telecommunications sector in several scholarly
refereed journals such as Economic Policy, European
Economic Review and International Journal of Industrial
Organisation. He has been also Professor at Bocconi
University (Milan) for telecommunications economics.
ANDY LISTER
Programme Director, Superfast
North Yorkshire – An ERDF
funded Broadband Project by
North Yorkshire County Council,
Department for Culture, Media
and Sports, British Telecom and
NYnet, United Kingdom
Andy Lister is Programme Director for ‘Superfast North
Yorkshire’ – a £30m project to deliver Next Generation
Access (NGA) to England’s largest rural area. He and
the project were invited by the European Commission
to participate in the B3 Regions Project, an EU-funded
programme designed to disseminate best practice in the
area of next generation broadband for rural areas across
the EU. He has had a key role in helping three major
UK broadband projects to get underway, namely NYnet
North Yorkshire, Digital Region South Yorkshire, and
Superfast North Yorkshire. Moreover, he has a specialist
expertise in State aid having successfully gained several
State aid approvals in the UK.
PROGRAMME DAY 2
EU Financing for Broadband
Infrastructure Projects 2014 - 2020
9.00-9.15
Welcome Note from the Chair and Brief
Review of Day 1
Andy Lister, Programme Director, Superfast North
Yorkshire – An ERDF funded Broadband Project
by North Yorkshire County Council, Department for
Culture, Media and Sports, British Telecom and NYnet,
United Kingdom
Focus: State aid
9.15-10.00
State Aid for Broadband – New Rules and
Requirements 2014-2020
•The role of EU State aid control
- Why state aid?
- Rules for State aid clearance
•Assessment of State aid - EU State aid rules and reasons for
public intervention
•Practical cases
•New regulations on broadband State aid
- The General Block Exemption Regulation (GBER)
- Objectives of the new requirements
- The role of the national Regulatory Authorities
- Transparency and simplification
- Latest changes and future outlook
DR OLIVER STEHMANN
Deputy Head of Unit,
State Aids Unit, Information,
Communication and Media
Directorate, Directorate
General for Competition
(DG Competition), European
Commission
Dr Oliver Stehmann is Deputy Head of Unit in State
aids for Communication since 2009. Before that, he
was Deputy to the Chief Economist and Case Handler,
responsible for different economic sectors within DG
Competition and worked for DG TRADE (1993-1997)
and DG INFSO (1991-1993). Dr Oliver Stehmann has
a Ph.D in economics from the European University
Institute (EUI) in Florence and was External Lecturer
at Boston University in Brussels and at Bonn University
in the Master Programme of European Regulation of
Network Industries.
Dr Oliver Stehmann, Deputy Head of Unit, State Aids
Unit, Information, Communication and Media
Directorate, Directorate General for Competition
(DG Competition), European Commission
10.00-10.15
Discussion Round
10.15-10.45
Coffee Break and Networking Opportunity
10.45-11.30
Applying for State Aid and Fulfilling
the Requirements of the New State Aid
Guidelines for Broadband – Perspective from
an ERDF Beneficiary
•Where to start when thinking about State aid
•How to resource the State aid process
•Dealing with stakeholders
•Dealing with telecom operators
•What you need to be aware of when applying for State aid
­ - Writing the application
­ - Handling questions
•Common ‚bear traps‘
•Do‘s and don‘ts of State aid
•Further lessons learnt
Andy Lister, Programme Director, Superfast North
Yorkshire – An ERDF funded Broadband Project
by North Yorkshire County Council, Department
for Culture, Media and Sports, British Telecom and
NYnet, United Kingdom
11.30-11.45
Discussion Round
“It was an interesting seminar with various
examples how to implement broadband
infrastructure in white areas.”
7
PROGRAMME DAY 2
EU Financing for Broadband Infrastructure
Projects 2014 - 2020
11.45-12.30
EAFRD Focus:
Financing Broadband under EAFRD
2014-2020 – First-Hand Information from a
Managing Authority
•Financing broadband under EAFRD and the Rural Development
Programme in Austria in light of the national broadband strategy
­ - Financial extension for broadband infrastructure projects
2014-2020
­ - Which actions and projects can be funded?
­ - Role of the intermediate bodies such as regional administrative
boards and local community groups in managing the projects
•Typical challenges of beneficiaries and how the Managing
Authority deals with those
•The state of affairs and outlook 2014-2020: New projects on the way
Markus Hopfner, Head of Unit, Coordination of Rural
Development and Fisheries Fund, Federal Ministry of
Agriculture, Forestry, Environment and Water
Management (EAFRD Managing Authority), Austria
12.30-12.45
Discussion Round
12.45-14.00
Lunch Break and Networking Opportunity
14.00-14.45
Case Study:
EIB Project Bond Initiative: Broadband
Infrastructures – First French and European
Project Bond for Superfast Broadband
•What is a European Project Bond?
•Stakeholder / actors involved
•Cooperation and interaction with EIB and public authorities
•Cooperation with other stakeholders
•Project financing
•First practical experiences and future outlook
Pierre-Eric Saint-André, President, Axione
Infrastructure and Deputy Managing Director,
Bouygues Energies & Services, France
14.45-15.00
Discussion Round
15.00-15.30
Coffee Break and Networking Opportunity
“The seminar was right to the point!”
8
MARKUS HOPFNER
Head of Unit, Coordination
of Rural Development and
Fisheries Fund, Federal Ministry
of Agriculture, Forestry,
Environment and Water
Management (EAFRD Managing
Authority), Austria
Markus Hopfner is currently Head of the Coordination
of Rural Development and Fisheries Fund Co-ordination
Unit at the Austrian Federal Ministry of Agriculture,
Forestry, Environment and Water Management. He has
been working in the field of rural development since
he joined the Ministry in 1999. In the period 2006 to
2008 he worked as a seconded National Expert within
the Directorate General for Agriculture and Rural
Development of the European Commission. Markus
Hopfner has wide experience in the field of policy
design and programme management of the Common
Agricultural Policy and EU Structural Funds, including
the general coordination of broadband infrastructure
projects in Austria. For several years he was in charge
of managing the bottom up initiative Leader in Austria.
Currently, he is representing Austria in negotiations on
Council level and participates in policy implementation
boards on national level.
PIERRE-ERIC SAINTANDRÉ
President, Axione Infrastructure
and Deputy Managing Director,
Bouygues Energies & Services,
France
Pierre-Eric Saint-André is President
of Axione Infrastructure since 2008
and Deputy Managing Director at Bouygues Energies
& Services since 2010. Axione Infrastructures has been
working with the European Investment Bank and the
European Commission and in 2014 launched the first
European project bond involving digital infrastructure
(EUR 189.1m). Since 2011, Pierre-Eric Saint-André
also manages the engineering and the development of
the infrastructures business unit of Bouygues Energies
and Services. Pierre-Eric has started his professional
career in Strategy and Corporate finance Consulting
for the World Bank in developing countries and then for
major telecom players in France. In 2003, he co-founded
Axione Infrastructure, a company dedicated to design,
finance, build, maintain and operate broadband and very
high-speed telecom assets developed through long-term
Public Finance Initiative schemes.
VITTORIO VALLERO
15.30-16.15
Case Study:
Satellite Broadband for European Regions
SABER: How to Contribute to Europe 2020
Goals Effectively?
•Innovative approach of SABER – Regional challenges and
solutions
•Knowhow for regions – Know how for Europe: Satellite broadband
guidelines
•Project financing
•Effective cooperation between the public sector and local
stakeholders
•Lessons learnt – How to adapt to the new Europe 2020 Strategy
Vittorio Vallero, Programme Manager, Research and
Innovation, CSI-Piemonte – Information System
Consortium of Piedmont‘s Public Administration,
Italy
16.15-16.30
Final Discussion Round and Review of the Seminar
16.30
Programme Manager,
Research and Innovation, CSIPiemonte – Information System
Consortium of Piedmont‘s Public
Administration, Italy
Vittorio Vallero is Deputy Coordinator
of Infrastructures and Access Agenda
for Regional Piedmont at CSI-Piemonte, the Information
System Consortium of Piedmont‘s Public Administration.
Vittorio Vallero has been involved in the regional
broadband development programme WI-PIE since 2004,
dealing in particular with wireless technologies and
broadband mapping and coordinated satellite based pilot
projects for the public administration sector in Piedmont.
He participated in EU funded projects like the fasttrack, INTERREG IV-C, B3-Regions (Regions for Better
Broadband Connection) and coordinated the CIP-PSP
funded EU thematic network project SABER (SAtellite
Broadband for European Regions). He has 19 years of
experience in the telecom field and started working with
VSAT satellite technology in 1998 with the FIAT group
dealers’ network in Europe.
End of Seminar and Handout of Certificates
“A good overview of opportunities and funding for broadband.”
Alison Cox, Partnership and Knowledge Manager, Superfast Broadband Business
Support Programme, Peninsula Enterprise, United Kingdom
“Professional.”
Rati Skhiztladze, Head of Information and Analysis Department,
Georgian National Communications Commission
9
ORGANISATIONAL MATTERS
EU Financing for Broadband
Infrastructure Projects 2014 - 2020
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Training Courses
1. Area of Application
The following terms and conditions settle the contractual relationship between conference participants and the European Academy for Taxes, Economics & Law Brauner Klingenberg GmbH [referred to as “European Academy for Taxes, Economics & Law” in the following]. Differing terms and conditions, as well as, other settlements and/or regulations have no validity.
2. Registration / Confirmation of Application
A registration can be made via internet, mail, fax, or email. The registration is considered granted and legally binding if not rejected by the European Academy for Taxes, Economics & Law in writing within seven (7) days after receipt of registration. The registration will be supplemented by a booking confirmation via email. Partial bookings are only
valid for seminars designed in modules.
3. Service
The course fee covers the fee per participant and course in € net, subject to current German VAT. It includes training course documents as per course description, a lunch meal/
snack and refreshments during breaks, as well as, a participation certificate.
The European Academy for Taxes, Economics & Law has the right to change speakers/instructors and to modify the course program if and where necessary while maintaining
the overall nature of the course. All registered participants will be notified in case of a course cancellation due to force majeure, due to speakers’ preventions, due to troubles at
the chosen location or due to a low registration rate. Course cancellation notification due to a low registration rate is issued no later than two (2) weeks before the course date.
Course fees are reimbursed in the cases listed above; however, reimbursement for travel expenses or work absenteeism is only granted in cases of intention or gross negligence
by the European Academy for Taxes, Economics & Law. Any reimbursement of travel expenses are to be considered as an exceptional goodwill gesture and form no future general obligation. In case of disturbances and/or interruptions, the European Academy for Taxes, Economics & Law commits itself to solve or limit any problems that might occur
in order to maintain and continue the course as planned.
4. Payment Date and Payment, Default of Payment
Payment of the course fee is payable immediately upon receipt of invoice. Where payment is not received or lacking clear assignment to a participant prior to commencement of
the course, the European Academy for Taxes, Economics & Law may refuse the relevant participant’s participation in that course. The course fee, however, is still due immediately and can be claimed as part of a dunning procedure or legal action. In accordance with BGB §247 (1), in case of default of payment within the stipulated time period, default
interest on arrears of at least 5% above the ECB base rate is due and payable. The European Academy for Taxes, Economics & Law can claim higher damage for delay if and
where proven. Equally, the participant may prove that a damage has not occurred or has had less effect than estimated by the European Academy for Taxes, Economics & Law.
Payment shall be made by cashless bank transfer; cash or cheques will not be accepted. The European Academy for Taxes, Economics & Law is not liable for any loss of means
of payment. The participant may only offset such claims against the European Academy for Taxes, Economics & Law’s as are undisputed, legally recognized or recognized in
writing by the European Academy for Taxes, Economics & Law. The right of retention is only acceptable in accordance with a counterclaim based on the same contract.
5. Cancellation
Cancellations need to be issued in writing. Cancellation by the participant will be subject to cancellation charges as follows:
• 30 days or more prior to commencement of the course: service charge of 80,00 € net, subject to current German VAT, payable immediately, course fee will be reimbursed,
• two (2) weeks to 30 days prior to commencement of the course: 50% of course fee net, subject to current German VAT, payable immediately,
• non-attendance or cancellation less than two (2) weeks prior to commencement of the course: 100% of course fee net, subject to current Germany VAT, payable
immediately
The European Academy for Taxes, Economics & Law gladly accepts without additional costs a substitute participant nominated in case of a cancellation if the substitute participant is registered at least three (3) days prior to the commencement of the course. Neither cancellation of a specific module/part of the course or substitution per module/per
day is possible.
6. Copyright
Seminar/course documents are protected by property rights and may not be duplicated, processed, amended, circulated or published in any other way without the written consent of the European Academy for Taxes, Economics & Law. The European Academy for Taxes, Economics & Law reserves all rights.
7. Liability
All seminars and courses are prepared and presented by qualified speakers and instructors. The European Academy for Taxes, Economics & Law accepts no liability for the upto-dateness, correctness and completeness of the seminar documentation, as well as, presentation of the seminar.
8. Applicable Law, Place of Jurisdiction, Place of Performance
All cases shall be governed and construed in accordance with German law to the exclusion of the UN Sales Convention. As far as legally admissible, place of performance and
place of exclusive jurisdiction shall be Berlin, Germany.
9. Data Protection
The European Academy for Taxes, Economics & Law protects personal data by taking appropriate protection measures. For the purpose of optimization of the product and service portfolio and according to the regulations of the data privacy laws, it stores and processes person-specific data on the training participants. Hence, all European Academy
for Taxes, Economics & Law website hits are registered. All personal data will, in accordance with the law, be used for documentation requests, placed orders or other enquiries
in order to send information out by post.
The European Academy for Taxes, Economics & Law will, in accordance with the law, inform participants by email about special offers that resemble previously booked seminars. If and where personal data needs to be transferred to countries lacking appropriate data protection schemes, the European Academy for Taxes, Economics & Law shall
grant alternative adequate protection. Furthermore, the European Academy for Taxes, Economics & Law will use personal data as far as participants have granted respective
permission. When collecting personal data, the European Academy for Taxes, Economics & Law will always ask for permission regarding email information about offers. The
participant may, at any time, express their objection to data collection for the purpose of advertisement or address via email or fax. Any data provided to the European Academy
for Taxes, Economics & Law will be processed for reservations and bookings, as well as, for information about other seminars. Names and company names will be published in
a participants’ list and forwarded to the mailing company.
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