Search Results for: Portuguese

BY KEITH NUTHALL

THERE is a large and growing list of regional money laundering organisations, with formal or informal links with the Financial Action Task Force (FATF), so a question mark could hang over why the Commonwealth is getting involved in fighting dirty money.…

BY LIZ HALL, in Alicante

IMPROVEMENTS in Portugal’s ability to detect crime detection, combined with increased vulnerability within the tourist property development arena, mean we could see another Operation White Whale in the next few years, its tip emerging in Portugal rather than Spain, experts warn.…

BY KEITH NUTHALL

VOLKSWAGEN has persuaded the Portugal government to subsidise a training programme for workers at its Portuguese subsidiary Auto Europa: unfortunately, the European Commission thinks the payments may be illegal and could block them. An inquiry launched by the executive of the European Union (EU) will check whether this planned Euro 3.5 million grant follows the EU’s rules on ‘state aid’.…

BY KEITH NUTHALL

A POLITICAL battle is underway at the European Union (EU) Council of Ministers over whether EU import duties on unwrought aluminium should be retained or scrapped. The struggle pits Poland and eight other member states against Germany, which wants the current 6% duties retained.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) has taken another step towards securing valuable fishing rights for its fleets in the Pacific, with the EU Council of Ministers approving an access agreement with Micronesia. For nine years, Spanish and Portuguese longliners along with Spanish and French freezer seiners will be able to fish the archipelago’s rich tuna fishing grounds north of Papua New Guinea and the Solomon Islands.…

BY KEITH NUTHALL

THE EUROPEAN Commission has announced plans to spend Euro 702,993 over three years on promoting Portuguese Madeira wine in the USA, Canada, Brazil and Japan. The money will be funelled to the

Instituto do Vinho da Madeira (IVM), and will be matched by funding from the Portugal government and private sources.…

BY KEITH NUTHALL

THE EUROPEAN Commission is to stage negotiations with the Peruvian government on forging a fishing access agreement with the European Union (EU), its first struck with a South American country. If successful, a deal would be a rich prize for EU fishermen, given the plentiful stocks that teem Peru’s deep Pacific Ocean territorial waters.…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice (ECJ) has ruled that hand-delivered and mailed legal papers have the same legal authority under European Union (EU) law. It says that if two sets of documents are sent by both means, their date of receipt depends on which arrived first.…

BY KEITH NUTHALL

EUROPEAN Union (EU) finance ministers have agreed to add district heating to the list of sectors for which member states can levy an optional reduced 5.5% VAT rate until 2010. The agreement was struck after Poland lifted its opposition to a deal following a dispute over social housing VAT.…

BY KEITH NUTHALL
DETAILS of a rich nine-year fishing access deal struck between the European Union (EU) and the Federated States of Micronesia, in the western Pacific, have been released by the European Commission.

Noting that the western Pacific is “the richest tuna fishery ground in the world (it accounts for 50% of total tuna catches world-wide)”, the Commission stressed: “The current state of the stocks is good and that, for certain species, the maximum safe level of exploitation has not been reached yet.”…