Search Results for: Greece

THE EUROPEAN Chemicals Agency (ECHA) is investigating if European Union (EU)-wide controls are needed to protect consumers against substances used in tattoo inks and permanent make-up (PMU) – with one solution expanding the scope of the EU cosmetics directive.

While the printing ink industry has suffered a recession, the tattoo and PMU ink sectors are booming in the wake of a huge increase in purchases of tattoos EU-wide.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend EUR60 million to a joint venture taking over 14 Greece regional airports from the government under a public-private-partnership arrangement. The financing to Fraport Regional Airports of Greece ASA, owned by Fraport AG and the Copelouzos Group, would be long-term, enabling the JV to boost the airports’ infrastructure and service quality, promoting Greece’s key tourism industry.…

Fast fashion is all about getting product to market quickly without over-spending. And while new technologies such as digital printing machinery can speed up the process, they can also add cost.

Guido Schlossmann, president and chief executive officer of Thailand-based consultants Synergies Worldwide, stressed to just-style that the key issue is getting the balance right.…

GREECE’S rural development and food ministry has said it plans to re-introduce mandatory origin labelling for milk and dairy products sold in the country. The measure has to be accepted by the European Commission as complying with European Union (EU) laws before it can come into force.…

THE EUROPEAN Commission has finally been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to 10 of the EU’s 28 member states.

Meeting on the margins of a Eurogroup session in Luxembourg on Monday (Oct 10), the governments of Austria, Belgium, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain agreed to push ahead with the project.…

MILLIONS of Euros have been released by the European Union (EU) to fund projects deepening the international gas pipeline network in eastern Europe, a key element of EU plans for forge an ‘energy union’.

One major project is a EUR179 million plan to create the Bulgaria–Romania–Hungary–Austria (BRUA) system of gas lines.…

EUROPEAN COMMISSION LAUNCHES GLOBAL TAX AVOIDANCE BLACKLIST ASSESSMENT

THE EUROPEAN Commission has completed the first phase of an assessment designed to help the European Union (EU) frame its own blacklist of jurisdictions deemed un-cooperative over tax avoidance and evasion. Brussels has released a ‘scoreboard’ of non-EU jurisdictions judging whether they exchange information with foreign tax authorities, have preferential or low tax regimes, have close and important economic and financial links with the EU and are politically stable (and hence more attractive as a tax haven).…

THE EUROPEAN Union’s (EU) SNIFFER project which has developed artificial olfactory techniques to detect explosives and illicit narcotics is being taken forward in a new study designed to create cargo-screening technology.

SNIFFER, which wrapped up in 2015, is the subject of a new European Commission memorandum, which reported successful trials at Athens international airport, Greece.…

THE EUROPEAN Commission’s latest EUR500 million support package for European farmers, finalised at an August 26 European Union (EU) committee in Brussels, will not ease the dairy crisis, European dairy groups have warned.

“Production cuts is the label used to describe the current package of measures,” said the EU farm lobby group European Milk Board (EMB)’s president Romuald Schaber following the initial announcement of the plans in July.…

AFRICA’S economic growth means it does not just have more banks than before, banking groups are spreading across national borders. And while this can boost banks’ lending and savings security, it also complicates the job of regulators charged with ensuring such institutions are honest and solvent.…