Search Results for: Finland

BRITAIN was among a handful of European nations that fell down in Transparency International’s latest Corruption Perception Index, dropping out of the top-10 of the most honest jurisdictions in the 2018 rankings. The UK is now joint 11^th with Germany, dropping two points to 80 on the scale where 100 is seen as cleanest and 0 highly corrupt among experts and business people surveyed.…

THE SWISS government has decided not to fund project facilitation for a biofuel pilot project at Geneva airport to replace at least 1% of its jet fuel supplies with biofuel supplied by Finland oil refiner and marketer Neste Oyj. The company said it could not proceed as a result of the decision, which followed consultation by the Swiss federal government about the project, scheduled to start operations later this year (2018).…

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

THE CONTINUED vulnerability of European Union (EU) revenue collection and spending to fraud has been brought into sharp relief by a new European Commission statistical analysis on financial crime.

That said, a working paper noted that in terms of revenue through external import duties (called ‘own resources’ in EU jargon) detected fraud cases involving EUR10,000 or more alone in 2017 indicates losses have been falling – but still to EUR76 million.…

REGULATORY and other pressures are behind a recent international surge in construction of electric vessels.

Using battery-electric power instead of traditional fuels such as marine diesel to drive a ship’s propulsion and/or operate its equipment can reduce greenhouse gases and lessen health, safety and environmental risks, particularly when vessels are in or near port.…

SUPPORTERS of the European Union (EU) as a political concept stress how it has the vision, and the money, to promote energy projects of common interest (PCIs) between its (for now) 28 member states. Their goal is to promote an effective continent-wide energy market that offers European citizens more security in their supply of gas, electricity and to a lesser extent oil.…

CONSUMERS in Nordic countries commonly prefer quality environment-friendly products and the paint and coatings sector is no exception.

Denmark is a case in point, being home to major Hempel A/S, which launched its advanced water-based technology range of decorative paints under the Crown Trades brand in January 2017, group president and CEO Henrik Andersen told PPCJ.…

A CRACKDOWN coordinated by European Union (EU) police and judicial cooperation authorities, Europol and Eurojust, has caught a network of online scammers responsible for stealing some EUR18 million, with a total 19 arrests. With the ringleader in Cyprus and members in Estonia, Finland, Germany, Latvia, Lithuania, Switzerland, Ukraine and the UK, the gang was behind over 35,000 online fraud cases detected since 2012 in a six-year long probe called Operation Warenagent, managed by the public prosecution office of Dresden, and the Saxon state office of criminal investigation, both in Germany, and the Vilnius public prosecutor, in Lithuania.…

EUROPE can meet its goal of cleaning up the power sector several years earlier than by the European Union’s (EU) self-imposed deadline of 2050, according to Kristian Ruby, secretary general of the Union of the Electricity Industry – Eurelectric, the sector association representing the industry at pan-European level.…

A COMPREHENSIVE reform of European Union (EU) VAT reform, designed to reduce opportunities for VAT fraud, and helping regulators and law enforcers fight such crime has been approved by the EU Council of Ministers. It includes standardising communications between VAT regulators and insisting on more automatic tip-offs of suspicions about cross-border fraud.…