Search Results for: Romanian

European parliamentarians debating European Commission proposals for the voluntary self-certification by European companies importing tin, tantalum, tungsten and gold from ‘conflict and high risk’ regions have called for more clarity about how the system would operate.

In the first exchange of views on the proposal in the European Parliament, centre-right Romanian MEP Iuliu Winkler told the institution’s international trade committee members.…

Romania has been asked by the European Commission to give foreign EU companies the same rights as Romanian businesses regarding taxing their interest income. Romania resident legal entities are taxed only on net interest income, while foreign EU organisations are taxed more heavily on gross interest income earned in Romania.…

INTERNATIONAL Financial Reporting Standards’ (IFRS) are not perfect, but their benefits to the European Union (EU) have outweighed their costs, an Association of Chartered Certified Accountants (ACCA) event in Brussels heard on September 25. The European Commission is carrying out its first public consultation on the impact of IFRS in the European Union (EU), seeking formal comments by October 31, helping it generate policy proposals by the end of this year.…

THE ROMANIAN health ministry is working on the revised list of medicines that patients suffering from cancer and other chronic disease could receive under their healthcare coverage in the country, after it was sued by patients’ organisations in May.

“We hope to present the new list [of covered medicines] in autumn, as we have committed before,” a ministry spokeswoman told Manufacturing Chemist.…

THE EUROPEAN Union (EU) aviation crisis cell (EACCC) is currently coordinating the response of the European airspace network to the closure of airspace in part of eastern Ukraine on July 17, following the shooting down of Malaysian Airlines MH 17 flight from Amsterdam to Kuala Lumpur.…

WHEN American personal care product giant Johnson & Johnson opened its shared-services centre in Prague during 2006, it employed 12 people and provided only in-group procure-to-pay services. Currently this Johnson & Johnson finance centre is the largest of the five centres the company operates worldwide in terms of staff numbers as well as the scope of services it provides to internal business partners.…

THE EUROPEAN Commission has released a new European Energy Security Strategy, aimed at further reducing Europe’s reliance on energy imports, notably on politically unreliable trading partners such as Russia.

Its new policy plan was to be debated at the next European Union (EU) summit (European Council) on June 26-27, in Brussels.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is increasing its assistance to Ukraine, because of its ongoing political and military crisis, the development institution’s annual meeting has been told. The country is a core part of the EBRD’s eastern, central Europe and central Asia region of operation, along with Russia, which recently annexed Crimea, sparking a diplomatic firestorm.…

The European Commission has proposed that Euro EUR3.6 million be taken from the European Union’s (EU) globalisation fund to help 1,000 former steel workers in Romania get back to work. The sum must be formally approved by the European Parliament and Council of Ministers.…

AUSTRIA

The location of ECC Austria in central Vienna means many consumers drop by to receive advice or lodge complaints in person with the ECC’s five staff members. A top priority in 2013 was increasing public awareness about e-commerce fraud; a brochure aimed at combatting the problem was published and more than 600,000 were distributed throughout Austria.…