Search Results for: Austria

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is joining with Raiffeisenbank Austria to set up a US$12 million pilot leasing facility, to allow Russian mining and construction companies to secure equipment from top mining machinery manufacturer Caterpillar Inc.…

KEITH NUTHALL
A STRING of cases have been launched by the European Commission against Member States of the European Union to try and force them to comply with EU water legislation; under existing rules, failure to abide by the court’s rulings can see national governments being hit with huge daily recurring fines of up to Euro 100,000.…

KEITH NUTHALL
A BID by a group of district heating companies to overturn massive fines levied by the European Commission, which found they had been participating in an illegal cartel, has been thrown out by the European Court of Justice’ Court of First Instance.…

BY KEITH NUTHALL
A SPLIT has emerged in the European Union Council of Ministers over the possible scrapping of subsidies to tobacco producers under a possible review the common market regime, which should happen this year. On one side in a debate at a recent agriculture council were a group including many of the EU’s tobacco growing countries, (Austria, Belgium, Luxembourg, Italy, France, Greece, Spain and Portugal), who are opposed to cuts, whilst other Member States, (notably Britain, the Netherlands, Denmark and Sweden), backed a recital to a current proposal to adjust subsidies over the next two years that calls on the EU to review the regime this year “to allow the progressive deletion of subsidies.”…

KEITH NUTHALL
A STRING of cases have been launched by the European Commission against Member States of the European Union to try and force them to comply with EU water legislation; under existing rules, failure to abide by the court’s rulings can see national governments being hit with huge daily recurring fines of up to Euro 100,000.…

BY KEITH NUTHALL
A HEALTHY market in the use of waste oil as a fuel to generate electricity is being promoted in the European Union through excise duty exemptions, erected in the face of official EU environmental policy, a new European Commission report says.…

KEITH NUTHALL
THE CO-GENERATION of electricity from waste oil is being promoted in the European Union through excise duty exemptions, which have been erected in the face of official EU environmental policy, a new European Commission report says.

Its “Critical Review of Existing Studies and Life Cycle Analysis on the Regeneration and Incineration of Waste Oils” points out that Council Directive 75/439/EC on Waste Oils tries to make Member States prioritise regeneration over burning.…

BY KEITH NUTHALL
THE EUROPEAN Commission has released a report on “Investment in the Community (EU) coal and steel industries” that tracks the sector’s performance in the European Union during 1999. The report predicts that “all the coal-consuming sectors except the steel industry see their requirements declining over the coming years,” faced with the competition of natural gas.…

BY KEITH NUTHALL
A SIGNIFICANT trend towards the consolidation in the European Union’s insurance sector has been highlighted by a report from the EU’s statistical agency Eurostat, which has released detailed data about 1999.

In that year, said the study, the number of EU insurance businesses decreased by 8.4 per cent between 1996 and 1999, with a particularly sharp decline in Britain, where numbers fell by 23.7 per cent.…

BY KEITH NUTHALL
THE EUROPEAN Commission may threaten legal action against national governments in the European Union, after 12 out of 16 Member States failed to meet the January 16 deadline for implementing the EU e-commerce directive. A statement from Brussels has revealed that only Luxembourg, Austria and Germany approved laws based on the directive by that date.…