Search Results for: Greece

A SWITZERLAND and Greece-based pharmaceutical company Sellas Life Sciences has signed a Euro EUR388 million investment deal with China’s Fochon Pharma for developing and selling two novel molecules for treating type II diabetes and lung cancer. Under the deal, Sellas will acquire the worldwide rights, outside China, to sell the resulting medicines, having organised and funded the clinical trials, some in Greece.…

ACCORDING to the World Health Organisation (WHO), the largest single health threat to the population of the world today is antimicrobial resistance (AMR). How can it be countered and what options are open to government regulators, the medical profession and, especially, the pharmaceutical companies for the development of new antibiotics?…

TOUGH economic times in Europe’s tourism centres of Spain and Greece have depressed air travel to and from these countries, recently released European Union (EU)-wide statistics from EU statistical agency Eurostat show. It said flights to and from Spain fell by 3.3% to 160 million in 2012, with 8.9% year-on-year falls in traffic at Madrid-Barajas airport and 6.6% at Gran Canaria; flights to and from Greece fell 5.5% to 31 million year-on-year, with a 10.2% decline at Athens International.…

EUROPEAN Union (EU) and Canadian confectioners can look forward to increasing their trans-Atlantic trade once a new free trade agreement between the EU and Canada comes into force, probably in 2015.

The EU-Canada Comprehensive Economic and Trade Agreement (CETA), announced on October 18, will remove most tariffs for confectionery and sweet bakery products imposed by both sides on each other’s exports.…

DEANS of Greek universities have asked the European Parliament in Brussels today to put pressure on the Greek government not to implement an order that would see 1,349 administrative staff laid off in the months to come. “We think that there should be European pressure on the Greek government so they realize that the measures taken in higher education in Greece will have an impact on Europe itself,” said Helen Karamalengou, professor in the department of philology at the University of Athens, during a press briefing held in Brussels today (Thursday).…

The leader of Greece’s business community has told just-style that the collapse of the Sprider Stores chain highlights why the Greek government needs “to restart growth”. Georgios Karanikas, general secretary of the National Confederation of Hellenic Commerce (NCHC) told just-style that the “bankruptcy and eventual closure of Sprider is another sign of the dire circumstances [of] the commercial enterprises of the country…”

Sprider suspended operations last week (Tuesday 1/10).…

THE EXTENT of waste in Europe’s austerity-hit public health services was one of the ‘elephants in the room’ – a big issue seldom discussed – identified by a professionals’ conference in Brussels, Belgium, on September 4 and 5.

150 delegates at the European Public Health Alliance (EPHA) annual conference heard that, on average, between 3% and 10% of budgets for European Union (EU) national health systems was lost through waste, but in some cases could even reach 30%.…

A SPECIAL European Union (EU) VAT scheme allowing travel agents to pay one VAT payment on the profits they make from selling services applies to all their customers, and not just travellers, the European Court of Justice (ECJ) has ruled. The European Commission argued at the ECJ that the Czech Republic, Finland, France, Greece, Italy, Poland and Portugal should not allow travel agents to use this perk for non-travelling customers buying non-core services, but its case was rejected.…

EUROPEAN Union (EU) treasuries are losing almost Euro EUR200 billion-a-year in unpaid VAT lost because of non-compliance or non-collection, a European Commission report has concluded. The Commission called on EU member states to simplify their VAT systems and broaden the tax base to improve collection, criticising “complicated tax systems with multiple rates…” It said governments should “broaden national tax bases and…limit tax exemptions and reductions…”

A study of data into 26 member states covering the years 2000 to 2011 calculated that EUR193 billion was lost in 2011, comparing predicted and actual VAT revenues.…

EUROPEAN Union (EU) treasuries are losing almost Euro EUR200 billion-a-year in unpaid VAT lost because of non-compliance or non-collection, a European Commission report has concluded. A study of data into 26 member states covering the years 2000 to 2011 calculated that EUR193 billion was lost in 2011, comparing predicted and actual VAT revenues.…