Search Results for: European Court of Justice

BY KEITH NUTHALL
EUROPEAN Union ministers have been asked to approve an updated list of technology whose export should be tightly restricted because of concerns that in the wrong hands, they could be used to develop military and terrorist weapons. European Commission officials have been reviewing the EU’s list of so-called dual-use goods for more than a year and Brussels now formally proposed its new catalogue of controlled exports.…

Keith Nuthall
THE EUROPEAN Commission has blocked the planned takeover by London-based CVC Capital Partners Group Ltd, (CVC), of Austrian man-made fibres manufacturer Lenzing AG. Because CVC already controls Acordis, Lenzing’s principal rival in Europe, and only rival in the United States, Brussels has ruled that a merged company would have a dominant position in a number of fibres markets, that could “reduce choice and lead to higher prices for customers and end consumers.”…

BY KEITH NUTHALL
A REVIEW of European safety laws designed to prevent industrial explosions – such as that which recently ripped through the Atofina fertiliser plant in Toulouse, France, killing 29 people – is to be launched by a specialist EU committee.…

BY KEITH NUTHALL
THE EUROPEAN Commission has signed an agreement with Russia on space research cooperation. EU research commissioner Phillipe Busquin and Russian space agency director general Youri Koptiev agreed a joint document on the Euro-Russian Space Partnership. The deal focuses on mutual assistance in the development of satellite navigation systems such as Galileo and Glonass, Brussels’ “global monitoring for environment and security” (GMES) initiative and launch services, notably the launch of Soyuz rockets from the European Space Centre in Kourou, French Guiana.…

BY KEITH NUTHALL
REFORMS to the European Union’s general product safety directive have been agreed that will ensure that hotels have a legal responsibility across the EU to ensure that products made available to guests, such as toiletries and electrical goods, are not dangerous.…

BY KEITH NUTHALL
LAWYERS will be able to warn their clients that they are about to tip-off law enforcement authorities over concerns that they are handling dirty money, according to the final shape of long debated reforms to the EU money-laundering directive.…

Keith Nuthall
A GERMAN fraudster has fled the European Union after investigators unmasked his certificate of origin scam involving Malaysian textile products, mostly denim jeans. Acting as an importer, he fraudulently exploited preferential trade regimes for Cambodia, Laos, Myanmar, Vietnam and Lesotho, by claiming that its Malaysian products were from these countries, losing EU coffers at least Euro 4.5 million in duty.…

BY ALAN OSBORN
THE EUROPEAN Commission is preparing a potentially groundbreaking initiative to overcome the problems created by the existence of 15 different tax systems throughout the European Union, which could involve setting a harmonised EU corporation tax. In a report due to be released shortly, obtained by Accountancy Age, the Commission says differing tax national systems have caused losses in economic efficiency, generated compliance costs and contributed to a lack of transparency.…

Keith Nuthall
EUROPEAN Union competition Commissioner Mario Monti has announced that Brussels is to clamp down on special tax regimes affecting financial services in 11 Member States, which it claims are probably so lax, they constitute illegal state aid payments that could unfairly favour local companies.…

Keith Nuthall
A STREAMLINED system for removing faulty non-food items from retailers and service providers across the European Union, where goods have been shown to be a risk to consumers, is to be set up, following the agreement of reforms to the EU general product safety directive.…