Search Results for: Germany

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is bankrolling the development of Kazakhstan’s oil and gas reserves, a key alternative supply for the European Union (EU). It wants to lend Tasbulat Ltd Euro 60 million to help develop three medium-sized oil and gas fields in Mangistau region, western Kazakhstan, producing up to 8,000 barrels/day in 2006; Tasbulat is owned by SNP Petrom, Romania’s national oil company.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice’s Court of First Instance has cut by Euro 153 million the fines previously imposed by the European Commission on eight American, German and Japanese companies for operating an international cartel in the graphite electrode sector.…

BY KEITH NUTHALL
THE FIRST trade fair on emissions trading has been staged in Cologne, Germany, (June 9-11), allowing buyers and sellers of greenhouse gas reductions to meet. Co-sponsor the World Bank said it was “an unprecedented opportunity” for developing countries to exploit the emerging carbon market.…

BY KEITH NUTHALL
OXFAM claims six European Union sugar processors hold export subsidy receipts of Euro 819 million, when the EU pledged just Euro 800 million for Iraqi reconstruction. The companies are Beghin Say (France), Sudzucker and Nordzucker (Germany), Britain’s Tate and Lyle, Belgium’s RT and Denmark’s Danisco.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) has ruled that a law governing the reimbursement of medical expenses paid by German civil servants breaks European Union (EU) fair trade treaty commitments because it insists that the prospect of success for such treatment must be higher when bought abroad than in Germany.…

BY KEITH NUTHALL
THE EUROPEAN Commission has approved the payment by the German government of state aid worth Euro 28.13 million to DOW PET GmbH to extend its PET production site in Schopkau, Saxony, eastern Germany. The aid will be granted as investment premium via the country’s Investitionszulagengesetz scheme and will meet 23.44 per cent of the total Euro 120 million cost of the project.…

BY KEITH NUTHALL
GERMANY has been formally asked by the European Commission to reform its ‘one-way’ drinks packaging deposit system. Brussels claims breaches of European Union freedom of trade rules through Berlin not introducing an effective collection system for non-reusable bottles and cans on which mandatory deposits of between Euro 0.25 and 0.50 are charged and which retailers are bound to return.…

BY KEITH NUTHALL
E-BUSINESS W@tch (NOTE – CORRECT SPELLING), an EU-funded monitoring organisation, is claiming that businesses in countries joining the European Union (EU) in May are embracing new Internet technologies rapidly – especially broadband – resulting in a smaller digital divide with existing members than expected.…

BY KEITH NUTHALL
PUBLIC procurement rules telling Portuguese utilities to conduct open tenders for their purchases are illegal under European Union (EU) law, the European Commission is claiming. As a result, it is threatening legal action at the European Court of Justice (ECJ), which has the power to order Portugal to comply.…

BY KEITH NUTHALL
WHEN the European Union (EU) signed up to an Agreement on Textiles and Clothing at the World Trade Organisation’s (WTO) last Uruguay Round that foresaw the scrapping of import quotas at the start of 2005, it is hard to imagine it viewing the deal as a way to boost production in knitted products.…