Search Results for: Spanish

BY KEITH NUTHALL
GOLDEN shares retained by the Spanish government in its privatised national tobacco energy Endesa and telecoms operator Telefónica are illegal under European Union freedom of movement of capital laws, the European Court of Justice has ruled. Spanish legislation allows Madrid control over some major decisions relating to the winding-up, de-merger, merger, disposal of assets and others of some privatised companies, including these two utilities.…

BY KEITH NUTHALL
GOLDEN shares retained by the Spanish government in its privatised national tobacco giant Tabacalera are illegal under European Union freedom of movement of capital laws, the European Court of Justice has ruled. Spanish legislation allows Madrid control over some major decisions relating to the winding-up, de-merger, merger, disposal of assets and others of some privatised companies.…

BY ALAN OSBORN
SPAIN is facing legal action at the hands of the European Commission over its failure to respond to a request for information on how it has applied the EU’s environmental Impact Assessment Directive with regard to a waste-water treatment plant serving tanneries at Lorca in Murcia.…

BY ALAN OSBORN
THE EUROPEAN Commission has given the Spanish government two months to provide full information about the environmental impact of its highly controversial National Hydroelectric Plan (NHP) or face a possible action in the European Court of Justice. The Commission says Spain has not responded to a request for information made last September on how it assessed a proposed hydro-electric project in the catchment area of the River Ulla in Galicia.…

BY KEITH NUTHALL
STREAMLINING, multi-tasking and flexible posting of employees may be important weapons in the arsenal of a personnel team looking at getting the most efficiency out of their company, but managers had better make sure that their policies are legal, not only under national laws, but European law too.…

BY KEITH NUTHALL
THE SPANISH government has agreed to cooperate with the World Intellectual Property Organisation (WIPO) to fight breaches of copyright, especially in digital publishing. A joint memorandum of understanding committed both sides to cooperate over training, publicity campaigns and information exchanges.…

BY KEITH NUTHALL
THE EUROPEAN Commission has authorised the Spanish government to pay out industry-wide state aid totalling Euro 425 million covering expenses incurred by the country’s coal industry from July 24 to December 31, 2002, and additional aid of Euro 11.2 million for 2001 and 2002 until July 23.…

BY KEITH NUTHALL
FRAUDSTERS have developed two new twists on the ever-popular advance fee scam. The International Chamber of Commerce has warned of a Nigerian oil fraud particularly featuring Bonny Light oil, where fake oil traders offer up to 1 million barrels at below market rates, following the payment of cash fees of around US$50,000.…

KEITH NUTHALL
THE MOST important driver of reform in the institutions of the European Union today is the impending enlargement of the EU eastwards, to take in (Greek) Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia.…

BY ALAN OSBORN
THE EUROPEAN Commission has ordered the Spanish government to reclaim Euro 104 million, (about Pounds 64.5 million), from the troubled textile company Hilados y Tejidos Puigneró. The Barcelona-based company, which produces yarns, fabrics and finished textile products, ran into debt in the 1990’s and the Spanish authorities were unable to recover money owed to them.…