Search Results for: Greek

KEITH NUTHALL
GREEK and American researchers say they have developed a fuel-cell reactor which can produce hydrogen from ethanol. Scientists from the universities of Patras and Minnesota claim that the invention could be a major advance in creating viable hydrogen-based energy systems, because the technology could be used in small fuel cells generating 350 watt-hours of electricity.…

BY KEITH NUTHALL
FINAL details of an agreement to install an interconnector linking the gas networks of Greece and Turkey – historically hostile enemies – have been struck, a move welcomed by the European Commission. The deal involves a Euro 250 million, 285 kilometre, gas pipeline being built between Komotini in Greek Thrace, with Karacabey, in Turkey, near Istanbul, through cooperation between Greek Natural Gas Company (DEPA) and Turkish gas company BOTAS.…

BY KEITH NUTHALL
A SERIES of exemptions from the European Union’s (EU) new energy taxation directive have been proposed by the European Commission for the eastern and southern European countries joining the EU in May (barring Cyprus).

They would be added to the already long list of exemptions negotiated by existing Member States that prompted EU internal market Commissioner Frits Bolkestein to liken the legislation to “Gruyere cheese”.…

BY KEITH NUTHALL
EUROPEAN Union (EU) ministers have been asked to approve a detailed fishing access deal allowing EU fishing boats access to the Atlantic fishing waters off west Africa’a Guinea Bissau until June 2006. Under the agreement, licences to fish shrimp will be granted to Italian, Spanish, Portuguese and Greek vessels, with boats from Spain (enjoying the overwhelming majority of rights), Italy and Greece being allowed to take fin-fish/cephalopods.…

BY KEITH NUTHALL
AFTER a long period of consultation, a comprehensive directive protecting the European Union’s (EU) groundwater reserves has been proposed by the European Commission, which would force Member States to establish and police locally sensitive pollution limits. The legislation would insist that national governments carefully monitor groundwater quality and take steps to reverse its pollution, where it has exceeded these self-imposed thresholds.…

BY ALAN OSBORN
THE ANNUAL report of the European Union’s (EU) financial watchdog, the Court of Auditors, says that checks made by the Greek authorities to decide to what extent local cotton growers should reduce output under EU schemes designed to restrict overproduction “are inconsistent with the results of checks on individual producers.”…

BY ALAN OSBORN
THE EUROPEAN Union’s (EU) financial watchdog – the Court of Auditors – has discovered “weaknesses” in the EU’s scheme for subsidising cotton production in Greece and Spain and has called on the European Commission to correct matters in its proposed reform of the Common Agricultural Policy.…

BY KEITH NUTHALL
THE ACQUISITION of Greek tobacco company Papastratos by the Dutch subsidiary of Philip Morris has been approved by the European Commission, which can concluded that the deal is not anti-competitive, even in Greece. Even though Brussels accepted Philip Morris would become the national market leader as a result, its concerns were eased by the fact that its existing brands are not in the same price segment as Papastratos’s lines, such as Assos and President.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, will invest US$22 million into modernising and restoring Bulgaria’s Stomana steel mill, part of a US$94 million investment programme dominated by Greek steel producer Sidenor. The money will improve the efficiency of the plant – in the Pernik industrial region – enabling it to better produce a wider product range that commands higher values than its current output, as well as improving production methods and environmental performance.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is lending Euro 35 million to (Greek) Cyprus to upgrade its public information technology so that it can operate e-government Internet networks. It is also lending Euro 200 to the Cypriot education ministry, part of which will pay for new computers and Internet connectivity.…