Search Results for: Greece

THE NONWOVEN adult incontinence market in Europe is offering hygiene product manufacturers and brands a chance to profit in a wider sanitary segment that has been and remains highly competitive.

Western Europe has a high per capita consumption in sanitary protection and a fiercely competitive retailing environment, according to Miles Agbanrin, an analyst for market researcher Euromonitor International.…

THE EUROPEAN Union’s (EU) financial watchdog, the European Court of Auditors, is auditing the deployment of SESAR, the EU’s technological modernisation programme for air traffic management. The assessment will examine whether it is well managed and will contribute to the Single European Sky (SES) initiative.…

THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.

But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…

GERMANY’S federal finance ministry has said it will lend EUR1.2 billion to a key Azerbaijan company involved in developing Caspian Sea natural gas, exporting it via a burgeoning pipeline network to central and western Europe. Azerbaijan’s ‘Closed Joint Stock Company Southern Gas Corridor’ (SJCC), formed in 2014 by presidential decree, will borrow the funds to help develop the Shah Deniz offshore gas field in the Caspian.…

THE UK may have a formal relationship with the European Food Safety Authority (EFSA) after its planned March 29, (2019) departure from the EU, Prime Minister Theresa May has signalled in a detailed policy speech. Speaking in the City of London, she said: “We will also want to explore with the EU, the terms on which the UK could remain part of EU agencies…” And while not naming EFSA, she said – in theory – she was prepared to allow the UK to be bound by the rules of EU agencies, post-Brexit. …

BULK tobacco smuggling is on the rise in eastern and south-eastern Europe, and cigarette manufacturers are calling for a better coordinated approach by law enforcers, as well as the passing of clearer and stricter rules to combat the menace. While regulation is in place in some countries (Montenegro and Romania insist on licensing and growers’ record keeping, for instance), the licencing and registration of tobacco growers are still not required in others (for example Poland and Greece), causing weak links that can be exploited by smugglers, according to the legitimate tobacco industry.…

The economic crisis, anti-smoking legislation, increased product taxation and new tax regimes for producers are taking their toll on the Greek manufactured tobacco market.

A surge in cigarette prices has depressed cigarette sales and increased fine cut tobacco sales, according to market researchers Euromonitor International.…

Efforts to safeguard the security of supply of gas to the European Union (EU) and its countries are gathering pace after recent EU regulatory changes. Gas transmission system operators (TSOs) are now developing a new, collaborative system for managing supply crises.…

THE EUROPEAN Union’s (EU) fourth anti-money laundering directive (4AMLD – 2015/849) was hailed as major step forward in combatting money laundering when it was adopted in May 2015, but member states are dragging their feet on compliance, just as the bloc moves towards adopting its fifth update.…

A CHANGE in the name of Macedonia’s Skopje Alexander the Great Airport could be afoot, as the Macedonian government seeks to heal an 18-year-old dispute with Greece over the country’s name and association with this historic king and conqueror. Macedonia Prime Minister Zoran Zaev declared at the World Economic Forum in Davis last month (January) that he would be prepared to stop naming Skopje airport after Alexander, along with maybe changing his country’s name.…