Search Results for: Czech Republic

BY KEITH NUTHALL
EUROPEAN Union (EU) ministers have formally approved the creation of an EU Solidarity Fund, helping Member States deal quickly with the effects of natural and man-made disasters; its funds will be mobilised immediately to assist regions affected by the floods of August and September 2002, which should help reduce the burden that has to be met by insurance companies.…

BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.

Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…

KEITH NUTHALL
THE INTERNATIONAL Road Transport Union (IRU) has called on the European Union (EU) to take precautions in preparation for the admission of new Member States from the east, to make sure the EU road haulage market is not flooded with cut-priced cowboy hauliers from these former communist countries.…

BY KEITH NUTHALL
FINANCIAL restrictions should be imposed on companies, businessmen, ministers and soldiers charged with involvement in the shameless plundering of the mineral resources of the Democratic Republic of the Congo (DRC), a United Nations (UN) committee established to investigate the problem has concluded.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is lending Euro 55 million to the (Greek) Republic of Cyprus to fund improvements to the efficiency, safety and capacity of air traffic control services in the Nicosia Flight Information Region.

Its loan will pay for buildings and equipment at the new Area Control Centre, Nicosia, replacing long-range primary and secondary surveillance radar, at Konia, and also replacing Larnaca’s instrument landing system.…

Keith Nuthall
INSURANCE companies will be able to reduce their exposure to natural and technological disasters within the European Union and eastern Europe in the future, assuming EU ministers agree plans to establish a central contingency emergency aid fund commanding between Euro 500,000 and Euro 1 billion; it would be raided by Member States and eastern European countries wanting to join the EU that fall victim to such disasters.…

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed the creation of a central European Union aid fund commanding between Euro 500,000 and Euro 1 billion, which could be raided by Member States and eastern European countries wanting to join the EU that fall victim to natural disasters.…

KEITH NUTHALL
THE EUROPEAN Commission has taken an important step towards giving EU water legislation more teeth, by moving against Belgium’s system of “tacit approvals” of pollution. Belgian law allows companies to assume that they have a right to pollute if they make an application to regulators and then receive no reply.…

BY JONATHAN THOMSON
TWO-THIRDS of the population of the Republic of Ireland are in favour of doubling the price of cigarettes, according to a new survey, which says the view is shared by 50 per cent of Irish smokers. The survey was carried out on behalf of the Irish Office of Tobacco Control, which was interviewing a “nationally representative sample of 1,500 people.”…

BY KEITH NUTHALL
THE CZECH Republic’s Ministry of Industry and Trade has launched an investigation, which is expected to lead it to imposing temporary safeguard duties on a range of flat non-alloy steel and iron products, as well as bars, rods, angles, shapes, tubes and pipes.…