Search Results for: Greece

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.…

GERMAN airport operator Fraport has announced a new EUR10 million development plan for Kavala International Airport, which serves eastern Macedonia and Thrace in northern Greece. Fraport Greece CEO Alexander Zinell said Fraport would upgrade the existing terminal, expanding it by 2,000 square metres, installing a new baggage handling system while remodelling and expanding its fire station.…

OECD SAYS 49 JURISDICTIONS WILL AUTOMATICALLY EXCHANGE TAX INFORMATION THIS YEAR

THE IDENTITY of 49 jurisdictions that will automatically exchange tax information in 2017 under a global standard has been revealed by the Organisation for Economic Cooperation & Development (OECD).…

THE CENTRAL Archaeological Council (KAS), of Greece’s culture ministry, has ruled that 30 hectares of Athens now closed Hellenikon International Airport should be protected from redevelopment to conserve historic artefacts. The airport closed in 2001, and plans to build residential and commercial units on this coastal site have been held up while the council assessed its historic value.…

COMPANIES and citizens defrauding European Union (EU) revenue collection (including customs duties and cross-border VAT fraud) and spending programmes, may from 2020 face direct criminal proceedings brought by a European Public Prosecutor. The EU Council of Ministers has approved establishing this new institution in 20 of the 28 EU member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Germany, Greece, Spain, Finland, France, Italy, Latvia, Lithuania, Luxembourg, Portugal, Romania, Slovenia and Slovakia.…

COMPANIES and citizens defrauding European Union (EU) revenue collection (including
customs duties and cross-border VAT fraud) and spending programmes, may from 2020 face
direct criminal proceedings brought by a European Public Prosecutor (EPPO). The EU
Council of Ministers has approved establishing this new institution in 20 of the 28 EU
member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia,
Germany, Greece, Spain, Finland, France, Italy, Latvia, Lithuania, Luxembourg, Portugal,
Romania, Slovenia and Slovakia.…

International police agency Interpol and its European Union (EU) counterpart Europol have
announced what they say is the biggest hit ever against online piracy with law enforcers
taking down more than 20,500 websites selling counterfeit goods seized in 26 countries.
Participating countries were Albania, Austria, Belgium, Bosnia & Herzegovina, Britain,
Colombia, Croatia, the Czech Republic, Denmark, France, Greece, Hungary, Iceland, Ireland,
Italy, Latvia, Moldova, Norway, Peru, Portugal, Romania, Serbia, Spain, Ukraine, the USA
and China special administrative region Hong Kong.…

EUROPEAN Union (EU) member states and the European Commission have agreed to strengthen monitoring and information sharing systems on food fraud, to help prevent the emergence of damaging scandals such as this summer’s Netherlands egg contamination scandal. Rapid common risk assessment procedures are to be created including swift convening of Commission/member state meetings to exchange relevant scientific information.…

VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates. 

Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …