Search Results for: Greek

BY KEITH NUTHALL

A RESEARCH and development consortium funded by the European Union (EU) is preparing to commercially launch a microwave sensor that can detect faults in moulded polyurethane before it hardens into heels and outer soles. The Microshoe project aimed to reduce the amount of defective parts, which can account for 20% of polyurethane created by shoe manufacturers, increasing costs markedly.…

BY ALAN OSBORN

Greece may face legal action at the hands of the European Commission unless it ends the practice of confiscating cars for non-payment of taxes and other violations. Outraged Greek motorists have lodged a petition with the European Parliament which has resolved that the confiscations are "contrary to the right of property and freedom of movement" and calls on the Commission to act "without delay."…

BY TAMARA VANTROYEN, in Hong Kong

BEIJING’S museums have been hit by Olympic fever. China’s capital currently has 118 museums and by 2008 that figure is expected to have increased to 150. A total of US$854 million is expected to be spent on the building and renovating of museums prior to the Olympic Games.…

BY ALAN OSBORN
AIR travel may give you thrombosis but sometimes it can also deliver real gains to medical science. A group of European scientists has discovered an odd fact: that air passing over an aircraft’s wing to give it lift behaves like blood circulating in a human body when it meets an implanted device.…

BY KEITH NUTHALL
THE GREEK government has successfully overturned at the European Court of Justice (ECJ) an order from the European Commission that it re-coup a quarter of a Euro 9.9 million European Union (EU) subsidy paid to olive oil producers storing excess stock.…

Keith Nuthall
THE EUROPEAN Commission has negotiated open skies deals with Romania, Macedonia, Morocco, Albania and Bosnia & Herzegovina, which will enable their airlines to freely offer services to European Union (EU) airports, including cabotage. EU carriers would have similar rights in these four countries’ national territories.…

BY KEITH NUTHALL
A THIRD interim report from the Paul Volcker panel into the United Nations Oil-for-Food scandal has bluntly accused its former director of receiving bribes linked to his job worth US$147,184 from 1998-2002. The former US Federal Reserve chairman’s independent inquiry has recommended UN secretary general Kofi Annan lift the diplomatic immunity currently protecting Benon Sevan from criminal investigations.…

BY DAVID HAWORTH
A FEW recent days on the edge of the Saronic Sea, due West of Athens, is all that was needed to renew the conviction Greece is the European Union’s most sumptuous cliché.

In this, the country is abundant.…

BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

BY DAVID HAWORTH
THE EUROPEAN Commission has demanded the Greek government repays Euro 23.98 million into central Brussels funds to compensate for recent multiple breaches in the administration of tobacco production aid payments.

This figure represents a flat-rate correction of 5% on money calculated to have gone adrift.…