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THE ORGANISATION for Economic Cooperation and Development (OECD) has released a full version of a new global standard for the exchange of information between jurisdictions. Its ‘Standard for Automatic Exchange of Financial Account Information in Tax Matters’ calls on governments to obtain detailed account data from financial institutions and exchange it automatically with other jurisdictions annually.…

European Union (EU) police agency Europol has hailed as a success a two-day operation against illicit scrap dealers, which yielded 271 arrests and identified 146 cases of theft across Europe. Law enforcement teams, backed by the EU unit, checked 8,300 scrap metal dealers in 20 European countries.…

THE EUROPEAN Commission has released a new European Energy Security Strategy, aimed at further reducing Europe’s reliance on energy imports, notably on politically unreliable trading partners such as Russia.

Its new policy plan was to be debated at the next European Union (EU) summit (European Council) on June 26-27, in Brussels.…

HELPING AND ADVISING EUROPEAN CONSUMERS SHOPPING AND TRAVELLING ABROAD

WHEN CAN ECC-NET OFFICES HELP YOU?

• Air travel

So much can go wrong: flights can be delayed or cancelled; luggage can be lost or damaged; and hidden fees can be charged.…

Final statistics to be published by the European Environment Agency (EEA) in the fall are expected to confirm that the average CO2 emissions of new cars sold in the European Union (EU) in 2013 were already below the European Union’s (EU) 2015 required target.…

REPRESENTATIVES from Europe’s sugar industry want sugar to be excluded from the current free trade negotiations between the United States and the European Union (EU). Speaking at an EU-US Transatlantic Trade and Investment Partnership (TTIP) briefing in Brussels, Oscar Ruiz de Imaña – the deputy director general of the European Association of Sugar Producers (CEFS), warned of the uncertainties in the sugar markets on both sides of the Atlantic.…

AUSTRIA

The location of ECC Austria in central Vienna means many consumers drop by to receive advice or lodge complaints in person with the ECC’s five staff members. A top priority in 2013 was increasing public awareness about e-commerce fraud; a brochure aimed at combatting the problem was published and more than 600,000 were distributed throughout Austria.…

WHEN a company issues a motor vehicle recall, there are a number of short term and long term implications. The company must consider the costs of repairing the vehicles, any legal costs that might arise, and, of course, its reputation.

But Paul Nieuwenhuis, co-director of the Centre for Automotive Industry Research at Cardiff Business School in the UK, said companies often decide to cut costs when manufacturing a vehicle, calculating that the costs associated with issuing a recall as a result would be worth it.…

IRAN and Turkey are regional giants within the Middle East oilseeds sector, and while their industries have been performing the threat of political instability and unstable energy subsidies threaten their profits.

According to Bill Baker, foreign agricultural service analyst at the United States Department of Agriculture (USDA), Turkey and Iran constitute the two “major producers of oilseed crops in the Middle East.”…

IRAN and Turkey are regional giants within the Middle East oilseeds sector, and while their industries have been performing the threat of political instability and unstable energy subsidies threaten their profits.

According to Bill Baker, foreign agricultural service analyst at the United States Department of Agriculture (USDA), Turkey and Iran constitute the two “major producers of oilseed crops in the Middle East.”…