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BY ALAN OSBORN
THE EUROPEAN Commission has been attacked for displaying “aggressive and unnecessary behaviour” against the tobacco industry after it announced that it intended to pursue its “smuggling” case against Philip Morris, RJ Reynolds and others in New York after the American court rejected the case on jurisdictional grounds.…

BY KEITH NUTHALL
CLOTHING imports from the United States are to bear the brunt of retaliatory tariffs imposed by the European Union because of the erection of controversial ‘safeguard’ duties by Washington to protect the American steel industry.

The European Commission has announced that it is asking EU ministers to approve a selected range of products, where the levying of duty will cause the most pain to US exporters, in a bid to force the Bush administration to drop its steel tariffs.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has approved the lending of Euro 300,000 to help finance a Euro 1.8 million feasibility study into the viability of extracting strontianite ore at Kangankunde, in Malawi, southern Africa, and then processing it into marketable strontium carbonate.…

BY KEITH NUTHALL
THE EUROPEAN Commission has approved the management of European Union ‘SAPARD’ agricultural development funds by the Czech Republic and Slovakia. This means that meat producers in the two countries will benefit from annual grants worth Euro 22.4 and 18.6 million respectively, payable until the countries join the EU, maybe by 2005.…

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed abandoning its reliance in promoting renewables as a means to secure the European Union’s energy supplies, by proposing an expensive twin-track programme that boosts energy saving initiatives as well as diversifying production through green energy reforms.…

KEITH NUTHALL
THE EUROPEAN Union is to update its administrative systems for monitoring its trade in textiles and clothing with the limited number of countries with whom it does not have trade agreements covering the sector. In particular, the European Commission has asked EU ministers to update rules on surveillance and the use of electronic documentation.…

BY ALAN OSBORN
THE EUROPEAN Court of Justice has found that Italy has breached the EU’s 1991 urban waste water directive by allowing discharges from the city of Milan to be released indirectly into environmentally sensitive areas without being subjected to specific treatment.…

Keith Nuthall
THE EUROPEAN Commission has ordered Belgian synthetic fibres conglomerate Beaulieu to repay Euro 2.8 million owing to the regional government of Wallonia. It had tried to settle a BEF 113 million debt by handing over 9,704 shares in the Verlipack II company.…

BY KEITH NUTHALL
IRELAND’S dominant power supplier ESB and its Norwegian partner Statoil have agreed to sell 600MW of electricity on the open market, as the price of securing competition approval for their joint venture, setting up the Synergen gas-fuelled electricity plant in Dublin.…

BY ALAN OSBORN
THE EUROPEAN Commission is “continuously monitoring” developments involving the accountancy firm Andersen following the collapse of the proposed merger between the firm’s non-American operations and those of KPMG, officials have told Accountancy Age.

Brussels is concerned about the implications if Andersen’s practices are picked up piecemeal by local or international firms; if parts of Andersen were sold off to other major accountancy

firms on a local basis this “could justify an inquiry” but each case would be judged on its own merits, the official said.…