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KEITH NUTHALL
THE EUROPEAN Commission has approved the purchase of joint control of the Italian charter airline NEOS, (which has been wholly-owned by NHT New Holding for Tourism B.V.), by the German travel company Preussag AG. The Commission has not imposed any conditions on approving the deal, having carried out a streamlined review of the case.…

Keith Nuthall
THE EUROPEAN Commission has pared back regional aid earmarked by the Spanish government to invest in Ford España’s Almusafes (Valencia) plant, ruling that Madrid should spend only Euro 11.11 million, rather than the Euro 15.74 million originally planned. The money will help the plant produce a new engine, the I4, that will power cars like the Focus and the Mondeo from 2003 onwards.…

BY KEITH NUTHALL
A NEW joint venture to operate an Internet business-to-business marketplace for office supplies has been given competition clearance by the European Commission. It will be called Date AS, and will sell stationary equipment and consumables such as pencils, pens, paper, hardware and mobile phones.…

BY KEITH NUTHALL
THE EUROPEAN Union has welcomed the announcement from Argentina that it has complied with last year’s ruling of the World Trade Organisation and lifted anti-dumping duties that it has been imposing on imports of ceramic tiles from Italy.…

BY KEITH NUTHALL
THE EUROPEAN Commission has ordered the Spanish government to recover “billions of Pesatas” in state aid that it claims Madrid illegally paid porcelain manufacturer Grupo de Empresas Álvarez, (GEA), in Vigo, Galicia, although it has asked the Spaniards to work out exactly how much money is involved.…

BY ALAN OSBORN
THE ASSOCIATION of Travel Agents and Tour Operators in the EU

(ECTAA) is advising its members to seek advice from lawyers over their

potential exposure to claims arising out of so-called tailor-made holidays.

Until now most agents have taken the view that tailor-made holidays are not

covered by EU package holiday legislation but this now has to be revised in

the light of a judgement by the European Court of Justice.…

BY KEITH NUTHALL
THE EUROPEAN Commission has blocked Italy from paying credits to its olive and olive oil sector, saying that it would be illegal state aid.…

BY KEITH NUTHALL
THE EUROPEAN Union has launched a plan to break the World Trade Organisation deadlock over changes to its TRIPS regime (trade related aspects of intellectual property rights), which would allow developing countries to licence imported generic drugs in emergencies, while protecting the global pharmaceutical sector.…

BY KEITH NUTHALL
A STUDY carried out by France’s Grenoble University shows that European consumers are unlikely to be concerned enough about potential health risks to avoid buying clearly labelled GM foods.…

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed opening a low 20 per cent tariff import quota of 10,000 tonnes of high quality fresh, chilled or frozen beef, from 1 July 2002 to 30 June 2003, to help exporting countries, such as Argentina, fight pressing economic problems.…