Search Results for: Estonian

BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) first dedicated anti-fraud Commissioner has promised to review the structure of complex accounting rules erected at the European Commission in the past five years to prevent corruption and mismanagement scandals. Estonia’s Siim Kallas accepted that some rules created by the outgoing Prodi Commission, especially vice-president Neil Kinnock, “could be simplified” as they “seem to be complicated”.…

BY KEITH NUTHALL
DEEP-SEA northeast Atlantic fishing quotas for vessels from the eastern European countries which joined the European Union (EU) in May, have been announced by the European Commission. Initially covering 2004, but also a base for future years, these quotas are in some cases quite substantial, despite the concern about the need to conserve the stocks of these deep water species.…

BY ALAN OSBORN
ESTONIA’S prime minister Juhan Parts said his government would not boost a planned 20% hike in strong alcohol duty rates, despite pressure from neighbouring Finland. Visiting Helsinki, Mr Parts heard arguments that next year’s planned tax change would do little to halt the boom in personal alcohol imports to Finland since Estonia joined the EU in May.…

BY KEITH NUTHALL
THE POLITICIANS appointed to the incoming European Commission taking office on November 1 start intensive hearings at the European Parliament on Monday (27-9), with the competition Commissioner-designate Neelie Kroes expecting tough questioning.

The Dutchwoman has been a board member of many large European companies, such as Swedish automobile manufacturer Volvo, mobile phone group MMO, French defence company Thales and shipping group Royal P&O Nedlloyd.…

BY KEITH NUTHALL
THE NEW and first European Commissioner for fraud has indicated that he could be as cool towards Brussels whistle-blowers as outgoing Commission administration vice-president Neil Kinnock. Replying to a European Parliament questionnaire on his appointment, Estonia’s Silim Kallas declared he would not change existing criticised ‘guarantees’ to whistle-blowers, saying it was “the last and least desirable option” for airing allegations.…

BY ALAN OSBORN
ESTONIA’S prime minister Juhan Parts has refused to increase his government’s planned 20% hike in strong alcohol duty rates, despite pressure from neighbouring Finland for a steeper rise. Visiting Helsinki, Mr Parts heard arguments that next year’s planned tax change would add only a few cents to a bottle of strong grain liquor which retails for about Euro 3 in Estonia, while selling for Euro 9 a bottle in Finland.…

BY KEITH NUTHALL
THE NEW European Commission taking office from November will include for the first time a Commissioner specifically dedicated to fighting European Union (EU) fraud and handling audits. New Commission president Jose Manuel Barroso has appointed an Estonian, Silim Kallas, a former prime minister and finance minister.…

BY ALAN OSBORN
THE NEW president of the European Commission, the former Portuguese prime minister Jose Manuel Barroso, has made clear that for the next five years at least there will be a reform-minded team at work in Brussels driven by a powerful desire to eliminate accounting fraud, inefficiency and the protection of special interests.…

BY KEITH NUTHALL
NEW EUROPEAN Union (EU) member country Estonia has been lent Euro 80 million by the European Investment Bank (EIB) to renovate and extend its electricity transmission and distribution systems. The loan to Eesti Energia AS should reduce its operational and maintenance costs, enable it to meet expected residential electricity demand growth and increase cross-border sales.…

BY ALAN OSBORN
A NUMBER of key European Union (EU) directives affecting the insurance industry face delays of up to six months because of the failure of EU Council of Ministers secretariat translators to produce legal texts in all 20 official languages of the newly expanded EU.…