Search Results for: Romanian

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$50 million to American oil and gas producer Toreador Resources Corporation helping it develop natural gas resources in the Black Sea’s South Akcakoca Basin, off Turkey’s European coast.…

BY KEITH NUTHALL
THE EUROPEAN Commission is demanding that Romania reforms its car registration taxation, which it thinks deters the import of second-hand cars, a key issue for fleets wanting to offload older vehicles. Romania is potentially a major market for EU used cars, given its 22 million population and lower wages.…

BY MARK ROWE
MEMBERSHIP of the European Union (EU) appears to represent something o a ‘promised land’ for the nations of the Balkans. A major sticking point for countries pushing for membership, though, is corruption, and in particular efforts to push through practical and applicable anti-fraud legislation.…

BY KEITH NUTHALL
IN an initiative bound to irritate any lawyer practising in English, a highly connected Francophile international group is pressing for the French language to have precedence in any translation dispute regarding European law. Why? Well, it’s simple, secretary of the Academie Francaise Maurice Druon told the European Parliament this week: “The language of Montesquieu is unbeatable.”…

BY KEITH NUTHALL

A PRELIMINARY deal brokered by the European Commission in Moscow covering meat hygiene controls has headed off the immediate threat of Russia banning all imports of European Union (EU) meat and meat products from January 1. The Russian government had warned of an import blockade, because of concerns over the health and safety of meat from Bulgaria and Romania, who join the EU that day and henceforth benefit from pan-EU export rights.…

BY KEITH NUTHALL

RUSSIA is threatening to impose an import ban on all European Union (EU) meat products from January 1. Moscow has written to the European Commission warning of a potential embargo because of the admission that day of Bulgaria and Romania to the EU – Russia claims safety concerns over these country’s meat products, which would henceforth have free circulation in the EU.…

BY KEITH NUTHALL

RUSSIA is threatening to impose an import ban on all European Union (EU) meat products from January 1. Moscow has written to the European Commission warning of a potential embargo because of the admission that day of Bulgaria and Romania to the EU – Russia claims safety concerns over these country’s meat products, which would henceforth have free circulation in the EU.…

BY KEITH NUTHALL

RUSSIA is threatening to impose an import ban on all European Union (EU) meat products from January 1. Moscow has written to the European Commission warning of a potential embargo because of the admission that day of Bulgaria and Romania to the EU – Russia claims safety concerns over these country’s meat products, which would henceforth have free circulation in the EU.…

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend Romanian steel maker Donasid Euro 10 million to upgrade and increase production of round billets, used for seamless pipe manufacture. The loan will help the Tenaris-owned plant in south-east Romania boost annual production to 425,000 tons by 2009, from 230,000 tons in 2006.…

BY KEITH NUTHALL

THE USA government is threatening to play hardball with Romania over the eastern European country’s refusal to accept imports of American poultry, unless production plants meet European Union (EU) rules, especially on welfare. No US plants are EU-approved, and faced with a halt to poultry exports to Romania, the US government is threatening to scrap a wide range of trade benefits, under its ‘generalised system of preferences’ regime.…