Search Results for: German

BY KEITH NUTHALL
THE EUROPEAN Commission is investigating a proposed deal effectively allying the European Union’s (EU) two companies enriching uranium for the nuclear industry. Brussels fears the purchase by France’s Areva of a 50 per cent stake in the Enrichment Technology Company from German-Dutch-British Urenco could cut competition and raise nuclear fuel prices, given enrichment represents about 35 per cent of fuel production costs and seven per cent for nuclear electricity generally.…

Keith Nuthall
THE EUROPEAN Commission is developing plans for the European Union (EU) to directly tax the citizens of the EU, rather than relying on earmarked transfers of national revenues, for instance from customs duties. The moves were revealed in an interview with EU budget Commissioner Michaele Schreyer in the German newspaper Handelsblatt.…

BY KEITH NUTHALL
SUPPORT has been secured within the European Parliament for a proposed increase in the borrowing ceiling for the European Union’s (EU) nuclear energy arm Euratom, raising it from the current Euro 400 million to 600 million. The approval did not come without strings however, with MEP’s calling for Euratom to be restricted in its spending of this money to projects improving safety, decommissioning plants or establishing storage and disposal facilities for radioactive waste and spent fuel.…

BY KEITH NUTHALL
SUPPORT has been secured within the European Parliament for a proposed increase in the borrowing ceiling for the European Union’s (EU) nuclear energy arm Euratom, raising it from the current Euro 400 million to 600 million. The approval did not come without strings however, with MEP’s calling for Euratom to be restricted in its spending of this money to projects improving safety, decommissioning plants or establishing storage and disposal facilities for radioactive waste and spent fuel.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) has ruled that any national ban on the Internet sale of non-prescription medicines would break European Union freedom of business laws. It has intervened in a bid by German pharmacies association Deutsche Apothekerverband to stop the operation of Dutch pharmacy DocMorris, which from June 2000 has sold medicines on the web to customers in Germany and the Netherlands.…

BY PHILIP FINE

A US airport is working on an agreement with a German company to jointly run a baggage-handling operation that they can market to local airlines. Jacksonville International Airport and Fraport AG – the Frankfurt-based company that owns and operates that city’s airport – would save airlines the expense of hiring workers and buying equipment needed to move bags to and from aircraft.…

BY KEITH NUTHALL
A BRITISH VAT regulation simplifying tax returns relating to company cars could effectively be declared illegal next year by the European Court of Justice (ECJ). The rule involves Customs & Excise restricting to 50 per cent, the proportion of company car hiring or leasing charges that can be declared as a business expense on VAT returns, leading to a reduction in a business’ VAT bill.…

BY KEITH NUTHALL
THE EUROPEAN Commission has rebuffed a request from Switzerland for it to declare that night flight restrictions imposed by Germany on planes flying across its territory towards Zurich airport break a European Union-Swiss aviation agreement. Instead, the Commission has ruled the noise-related rules are legal.…

BY KEITH NUTHALL
A BRITISH VAT regulation simplifying company car VAT returns could effectively be declared illegal next year by the European Court of Justice (ECJ). The rule involves Customs & Excise restricting to 50 per cent the proportion of company car hiring or leasing charges that are declared as a business expense and freeing a businesses hiring or leasing cars from having to keep records of private mileage.…

BY KEITH NUTHALL
GERMANY’S Chancellor Gerhard Schroder has told television interviewers he would not oppose the sale of a German plutonium factory to China when the scheme is properly developed. He told the ZDF channel that Siemens had the “legitimate right” to export it to China, so long as the plant was used for civilian ends.…