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BY MONICA DOBIE
AMERICAN online book retailers are likely to be upset by the decision of the European Union Council of Ministers (finance) to approve its proposed new VAT requirement for books downloaded from the Internet. The system allows for online EU exporters to sell their goods without charging sales tax, but penalises websites based in the United States, (or other third countries), selling to consumers in the EU.…

BY KEITH NUTHALL
THE EUROPEAN Space Agency has established a data link between satellites using a laser beam to carry signals, the first time this has been achieved. The SILEX system on ESA’s Artemis satellite was able to receive images in real time from the French space agency CNES’s Earth observation satellite SPOT 4, relaying them to an image processing center in Toulouse.…

KEITH NUTHALL
THE RATE of increase in biogas production in the European Union is much lower than that required to meet targets written into the European Commission’s white paper on renewable energy, the EU’s Eurobserv’ER(NOTE TO SUBS:CASE IS CORRECT) monitoring system has claimed.…

BY KEITH NUTHALL
A NEW report from the European Environment Agency has described the wide gulf between Member States’ performance on renewable energy generation and highlighted a number of reasons for this. The top performer for 1993-9 was Germany, which surged ahead with the development of photovoltaics, solar thermal installations and wind generated energy output.…

BY KEITH NUTHALL
THE EUROPEAN Commission has authorised the Spanish government to grant aid up to a maximum of Euro 1.07 billion, (ESP 178 billion), to its coal industry for the past year, (2001). Brussels has accepted the particular problems facing Spain’s coal sector – with some mines that produce coal that is competitive with imports and others that are very costly – by allowing Madrid to finance operational aid as well as structural reforms.…

BY ALAN OSBORN
BRITAIN and the Netherlands have been authorised by the EU council of finance ministers to begin negotiations with associated territories – in the UK’s case the Channel Islands, the Isle of Man and Caribbean dependent territories – for the elimination of secret savings accounts.…

Keith Nuthall
THE US government is likely to be upset by the decision of the European Union Council of Ministers (finance) to approve its proposed new VAT regime for digital products downloaded from the Internet; this system allows EU exporters to sell their goods without charging sales tax, but penalises importers, notably American companies.…

BY KEITH NUTHALL
The European Commission is now re-thinking its strategy over ship-building following rejection of its favoured approach by the EU Council of Industry Ministers on Wednesday.

Mr Heinz Mico, a spokesman for the trade commissioner Pascal Lamy, said the extension of the EU’s case at the WTO to include LNG carriers would only be realistic if there were “good reasons” for it that went beyond the complaint of one country.…

Keith Nuthall
POLITICAL difficulties blocking the agreement of common European Union invoicing rules, that would sanction the legitimacy of electronic billing for VAT purposes across the EU, have been cleared.

The EU Council of Ministers, (finance), has unanimously agreed in principle the proposed new invoicing directive.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice has ruled that an EU national government cannot insist that waste shipments to another Member State are disposed of in an environmentally-friendly way, as a condition of allowing a cargo to leave its territory.…