Search Results for: Greek

BY KEITH NUTHALL
POLITICAL change can be like growing seasons, it moves gradually, but in a month or two, the landscape has completely changed. So when the recently appointed European Commission takes office in November, the new commissioners of concern for the farming industry will face challenges unanticipated this summer.…

BY KEITH NUTHALL
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BY KEITH NUTHALL
WITHIN the newly expanded European Union (EU), Poland is the cheapest country in which to buy a car, although under current trends that honour may not last long. According to the latest European Commission figures, Polish car prices are on average 9% cheaper than those in Finland, the cheapest country using the single European currency.…

BY KEITH NUTHALL
THE EUROPEAN Commission has formally threatened Greece with legal action at the European Court of Justice (ECJ), over its alleged failure to implement European Union (EU) legislation on solvency margins for non-life and life insurance companies. These rules had been written into EU insurance ‘winding-up’ directives and were supposed to have been transposed into Greek law by last September 2003.…

BY MONICA DOBIE
THE WORLD is a small place when it comes to business these days. Increasingly, multi-nationals, as well as medium-sized companies are setting up shop in all four corners of the world. Outsourcing work and creating offices in developing countries is de rigueur to cut costs.…

BY KEITH NUTHALL
THE GREEKS may be European football champions, but they are bottom of the league for tax honesty, said a European Commission report, with more than 20% of work by value being undeclared. ‘Undeclared work in an enlarged Union’ shows Britain is much more honest, with only 2% of its GDP concealed from the tax authorities, second only to Austria (1.5%).…

BY KEITH NUTHALL
THE GREEK government has been censured by the European Court of Justice for not properly installing an urban waste water collecting system for the Thriasio Pedio area, near Athens. The court found in this way and by subjecting this water to mere secondary treatment before it is discharged into the neighbouring and environmentally sensitive Gulf of Elefsina, Greece has broken the 1991 urban waste-water treatment directive.…

Keith Nuthall
THE GREEKS may be champions in European football, but they are bottom of the league for tax honesty, a European Commission report has concluded, with more than 20% of work by value being undeclared. The paper ‘Undeclared work in an enlarged Union’ shows that Britain is much more honest, with only 2% of its GDP being concealed from the tax authorities, second only to Austria (1.5%).…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) appears to be losing its anger over the failure of the recognised Greek Cypriot government of southern Cyprus to support reunification with their Turkish neighbours, with the European Investment Bank (EIB) providing Euro 235 million for water, energy, and IT improvements.…

BY KEITH NUTHALL
EUROPEAN Union (EU) ministers have approved an agreement with west Africa’s Guinea Bissau, which will guarantee access to its fishing grounds for Italian, French, Greek, Portuguese and Spanish fishermen until June 2006. The deal involves the Guinea Bissau government being granted Euro 7.26 million a year in financial compensation.…