Search Results for: Romanian
10 results out of 198 results found for 'Romanian'.
ROMANIAN CLOTHING SECTOR GRAPPLES WITH HEAVY COVID-19 UNCERTAINTY
The Romanian clothing industry has been badly hit by the Covid-19 pandemic, with supplies of raw materials from China and exports to Italy disrupted, with the pandemic also choking off labour supplies, which were already a problem for this near-sourcing hub.…
WHEN IS A LOBBYING SCANDAL REALLY CORRUPTION?
The question of when and whether lobbying is ethically questionable or even a criminal bribe is a complex issue, with rules varying according to jurisdictions. Often, actions that are politically embarrassing, are definitely not bribes, or indeed unlawful in anyway. For example, on September 15, Irish foreign minister Simon Coveney survived a no-confidence vote in the Dáil Éireann over his handling of the appointment of former minister for children Katherine Zappone as his country’s ‘Special Envoy to the UN on Freedom of Opinion and Expression’.…
WHEN IS A LOBBYING SCANDAL REALLY CORRUPTION?
The question of when and whether lobbying is ethically questionable or even a criminal bribe is a complex issue, with rules varying according to jurisdictions. Often, actions that are politically embarrassing, are definitely not bribes, or indeed unlawful in anyway. For example, on September 15, Irish foreign minister Simon Coveney survived a no-confidence vote in the Dáil Éireann over his handling of the appointment of former minister for children Katherine Zappone as his country’s ‘Special Envoy to the UN on Freedom of Opinion and Expression’.…
MICROFACTORY GROWTH OFFERS MAJOR OPPORTUNITY FOR BOOM IN DIGITAL TEXTILE PRINTING
INTRODUCTION
The textile industry is one of the world’s oldest manufacturing sector, yet it is also one of the most dynamic, constantly reinventing itself. Today, the development of micro-factories might herald root-and-branch change in how the textile and clothing industry operates, a transformation driven by advances in digital textile printing.…
ROMANIA’S TEXTILE INDUSTRY FACES LONG WAY TO RECOVERY
Hit heavily by Covid-19 and short of governmental help, Romania’s clothing manufacturers are pessimistic about their prospects. Romania’s textile and clothing brands fear it might take a long time to recover from the pandemic, after eight months of restricted business, and falling incomes.…
NEW EU PUBLIC PROSECUTOR CALLS FOR GOVERNMENTS TO STEP UP TO THE PLATE ON EPPO
The European Chief Prosecutor (ECP) of the embryonic European Public Prosecutor’s Office (EPPO) has challenged the 22 European Union (EU) states (1) that have signed up to an enhanced cooperation pact underpinning its existence to properly fund the new institution. Without enough money, the EPPO will not be effective, ECP Laura Codruţa Kövesi told Fraud Intelligence.…
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).…
HUNGARY REMAINS STRONG MARKET FOR TOBACCO WITHIN EUROPE, AS GOVERNMENT TARGETS SMUGGLERS WITH ENFORCEMENT ACTIONS
HUNGARY continues to be an attractive market for tobacco majors, with its populist government seemingly determined to fight the European Union (EU) for the right to keep excise duties below EU mandated minimums, and the fact that, according to the OECD Country Health Profile 2019 official data (https://read.oecd-ilibrary.org/social-issues-migration-health/hungary-country-health-profile-2019_4b7ba48c-en#page1…
ROMANIA’S CLOTHING MANUFACTURING SECTOR FACES TOUGH RECRUITING CHALLENGES TO FORGE A SUSTAINABLE FUTURE
ROMANIA’S clothing and textile industry is facing a recruitment crunch and experts worry that it will struggle to find a strategy to ensure it can hire sustainably to ensure long-term growth. A survey from PwC’s HR benchmarking project Saratoga released last October (2019) concluded that Romania faces an “acute shortage of workforce”, needing about one million extra workers to sustain a 3.5% economic growth by 2023.…
ROMANIA PLAYS CATCH UP ON AML LEGISLATION – IMPELMENTIONG 4AMLD TWO YEARS LATE
ROMANIAN politics are rarely a placid affair, although February 5’s no confidence vote downing the National Liberal Party government of Prime Minister Ludovic Orban after just three months in office marks a period of particularly intense instability. This collapse comes as the government had hoped to debate implementing the European Union’s (EU) fifth anti-money laundering directive – a task that will not now be undertaken until parliamentarians replace the government, or – as is more likely – snap elections are held.…