Search Results for: Slovakian
10 results out of 25 results found for 'Slovakian'.
ANNUAL EU CRIME REPORTS SHOW EUROPEAN INSTITUTIONS STILL FAILING TO CRUSH ENDEMIC FRAUD
THE EUROPEAN Union (EU) continues to struggle to clamp down on fraud within its revenue collection and spending programmes – making progress, but with major scams still emerging within the EU’s complex international decision-making systems.
In its latest annual ‘fight against fraud’ report (1) (2), covering 2019, the European Commission reports that 939 discovered irregularities were reported as fraudulent (8% of the number), involving EUR461.4 million in lost money (28% of that affected by irregularities).…
SLOVAKIA STRENGTHENS EFFORTS TO TACKLE MONEY LAUNDERING AND TERRORISM FINANCING – BUT WILL NEED TO FOCUS ON ENFORCEMENT
SLOVAKIA may have been facing European Commission legal action over foot-dragging in implementing European Union EU AML/CFT legislation and has been striving to improve its AML/CFT weaknesses, but its general reputation in combating money laundering is solid. The Basel Institute of Governance AML Index 2019 ranked this central European country 109 out of 125 countries assessed, with the highest number being the top performer.…
INDUSTRY WELCOMES COMMISSION’S TESTS TO CURB DUAL QUALITY FOOD PRODUCT SALES
THE EUROPEAN confectionery industry will later this year face hard evidence about the veracity of claims that certain brands sell lower quality products in eastern Europe than they do in the richer west. These claims – dismissed by many manufacturers as urban myths – are widely believed in eastern Europe, promoting the European Commission to act and set up a testing system.…
INDUSTRY WELCOMES COMMISSION’S TESTS TO CURB DUAL QUALITY FOOD PRODUCT SALES
THE EUROPEAN confectionery industry will later this year face hard evidence about the veracity of claims that certain brands sell lower quality products in eastern Europe than they do in the richer west. These claims – dismissed by many manufacturers as urban myths – are widely believed in eastern Europe, promoting the European Commission to act and set up a testing system.…
CLAIMS OF MASSIVE CORRUPTION IN TURKS & CAICOS ISLANDS AIRED IN COURT
Claims of massive corruption in the sun-soaked Turks & Caicos Islands (TCI) are finally being aired in court. More than six years after investigators declared endemic malfeasance had brought the UK overseas territory to the brink of bankruptcy, its flamboyant former Premier Michael Misick is on trial accused of enriching himself by USD28 million.…
NEW EU ENERGY COMMISSIONERS STRESS THE IMPORTANCE OF ELECTRICITY INTERCONNECTIONS
THE INCOMING European Union (EU) energy and climate change Commissioner Miguel Arias Cañete and his boss, the future European Commission vice-president for the energy union Maroš Šefčovič have highlighted the need for smart grids and electricity interconnections as way to make Europe more self-reliant for energy.…
AMBITIOUS RWE CFO IN CROATIA FORGES FINANCE CAREER AFTER FALL OF COMMUNISM
“WHAT I’m doing now really is a dream job for me.” CFO Juraj Drahovský, 36, from Košice, in eastern Slovakia, is relishing the challenge of helping the RWE Group, one of Europe’s largest energy companies, become a leading player in the Croatian market.…
EASTERN EUROPE STAGNATES - BUT RUSSIA AND POLAND OFFER OPPORTUNITIES TO COSMETICS SECTOR
BY MARK ROWE
TO describe recent times as difficult for the eastern European cosmetics industry would be something of an understatement. Since 2010, some countries have experienced dizzying declines in production and sales that indicated the industry was more or less in tune with the wider economic mood across the region.…
Roman Polanski case highlights the global politics of extradition
By Katherine Dunn, International News Services
The travails of Roman Polanski in Switzerland this autumn have offered some lessons to the world’s wanted over extradition laws and how to deal with them. The Polish director has of course been living in France, with little fear of extradition, since 1978, when he fled the USA facing statutory rape charges. Only now of course this autumn was he arrested on an American warrant on a visit to Switzerland, while movie stars and directors crowed for his release.
Now, he is out on bail, secured with the help of French president Nicholas Sarkozy and his wife, Carla Bruni, who intervened on Polanski’s behalf.
As Polanski languishes in Alpine house arrest in a luxury Swiss chalet, it’s clear that extradition is still, at base, a political decision – and to avoid it, one key is not supporting international causes unpopular with powerful governments.…
EU RESEARCHERS DEVELOP BEER WASTE POWER GENERATORS
BY LEAH GERMAIN
A BREAKTHROUGH energy project from EU research programme EUREKA is turning spent grain from beer production into renewable brewery-operating power. By harnessing its latest energy, German and Slovakian developers have created technology that can significantly reduce energy costs for brewers.…