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Search Results for: Greece

10 results out of 860 results found for 'Greece'.

CRETA FARM TAKEOVER DEAL IS CLOSE, SAY OFFICIALS CLOSE TO NEGOTIATIONS



The Netherlands-based investment trust, Impala Invest BV, has reached an agreement with creditors banks and will take over troubled Greek pigmeat, turkey, cheese and other deli product manufacturer Creta Farms, according to sources close to a planned deal. While company representatives have yet to release a formal statement on the plans, because Crete-based Creta Farms operates under temporary administration appointed from a court of first instance, the final approval of the deal is expected to be announced in the next few days.

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POLL SHOWS LESS PERCEIVED CORRUPTION IN EU THAN IN 2013



A survey that the European Commission released for International Anti-Corruption Day on December 9 has shown that fewer European Union (EU) businesses contend that corruption is widespread than in 2013. But at 63% – compared to 75% in 2013 – the number believing corruption is widespread remains significant. …

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AUSTRALIA DAIRY SECTOR FEARS IT WILL LOSE OUT FROM EU TRADE DEAL MANDATING GI PROTECTION



A free trade deal between Europe and Australia is in the making but European Union (EU) trade negotiators have managed to generate some serious concerns among Australian dairy industry in the process. The EU wants Australia to recognise the exclusive rights of EU cheesemakers to the traditional names of almost 60 different types of cheeses through Australia recognising EU geographical indications (GI) within any agreement.…

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NEW EU COMMISSION FACES MAJOR ANTI-FRAUD CHALLENGE



With a new European Commission about to take office (probably on December 1, one month late, with three proposed nominees being rejected by MEPs), one key challenge will be pushing fraud out of the European Union (EU). It is still a huge problem, with in 2018, 1,152 frauds detected and reported.…

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FIFTH ANTI-MONEY LAUNDERING DIRECTIVE AIMS TO PLUG CRITICAL CRYPTO REGULATORY GAPS



 

THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…

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EASTERN EUROPEAN PAINT AND COATINGS MARKET SHOW SOLID STABILITY AS ECONOMIES GROW STEADILY



FAR from being the zone of volatility of the 1990s, eastern and central Europe’s economies and hence their paint and coatings markets, are enjoying stability and steady growth. In Croatia, for instance, according to market researcher Euromonitor International data, the paint and coating industry posted revenues of USD147 million, USD 2 million more than in 2017.…

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BULGARIA HAS USED LOW COSTS TO BUILD EXPORT SALES – AND LOOKS TO QUALITY TO MAINTAIN THEM



BULGARIA’S plastics industry has been making the most of the growing demand for supplies from major western markets. The sector has been particularly buoyant over the past five years, with Bulgaria’s comparatively low costs and occasional regulatory light touch making its plastics companies competitive with competitors in western Europe.…

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ASIAN REGULATORY ROUND UP – HONG KONG AND CHINA STRIKE DEAL OVER ACCESS TO AUDIT WORKING PAPERS



A MEMORANDUM of understanding (MoU) has been signed by the Hong Kong Securities and Futures Commission (SFC) with China’s ministry of finance and the China Securities Regulatory Commission (CSRC) boosting SFC access to audit working papers from audits of HK-listed mainland companies.…

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EUROPE STILL HAS SIGNIFICANT WORK TO COMPLETE BEFORE HARMONISING ITS NATIONAL GRID



MARCH’S approval by the European Parliament of new European Union (EU) electricity market rules, designed to increase consumer choice, boost renewables access and cap power subsidies, were hailed by the European Commission as a new dawn for the creation of the EU’s much vaunted Energy Union.…

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PLANNED EU RULING MAY REGULATE TATTOO INKS FOR THE FIRST TIME TO AVOID HEALTH RISKS

Body artists in Europe may have to reconsider the pigments that they use in future, with the European Union (EU) drafting new rules that could regulate what chemicals can be used in tattoo inks.

While today 12 out of every 100 Europeans are tattooed or have some sort of permanent cosmetic treatment, experts are increasingly concerned that these skin colouring agents may contain hazardous substances, known or suspected to have adverse health effects causing cancer, allergies or mutations.…

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