Search Results for: Greek

THE EUROPEAN Union (EU) has set out plans for a future trading relationship with the UK after the current transitional period, where Britain follows EU rules, expires on December 31 – it includes unfettered free trade in food and drink products, without tariffs and without restrictive quotas.…

The Netherlands-based investment trust, Impala Invest BV, has reached an agreement with creditors banks and will take over troubled Greek pigmeat, turkey, cheese and other deli product manufacturer Creta Farms, according to sources close to a planned deal. While company representatives have yet to release a formal statement on the plans, because Crete-based Creta Farms operates under temporary administration appointed from a court of first instance, the final approval of the deal is expected to be announced in the next few days.…

THE EUROPEAN Parliament has called for a more robust approach to defend European honey production, as bee numbers continue to fall. In a motion supported almost unanimously, the EP’s environment committee has called for the European Union (EU) Common Agricultural Policy (CAP) – which is now under review – to include active steps on reducing pesticide use, which MEPs blame for honey bee deaths.…

THE INCOMING European Commission may seek to further harmonise European Union (EU) food labelling rules on sugar content. This pledge comes from the nominee for new EU health commissioner, Stella Kyriakides, a Cypriot parliamentarian, whose EU role includes being responsible for food safety and standards.…

GREECE’S cosmetics sector showed significant resilience during the country’s long financial crisis and is currently expanding, as the country’s overall economy pulls ahead (1.9% GDP growth in 2018 and 2.1% projected for this year). However, problems afflicting the country’s personal care product regulations and a duty imposed on cosmetic producers might impact the sector going forward.…

GREECE and the newly renamed Republic of North Macedonia have struck a military agreement enabling Greece to help monitor its neighbour’s air space, including for civilian flights. During a visit to the North Macedonian capital Skopje, Greek Prime Minister Alexis Tsipras noted the deal between the two country’s defence ministers includes the Hellenic Air Force providing air traffic control services to Northern Macedonia, which it will monitor via radar.…

GREECE and the newly renamed Republic of North Macedonia have struck a military agreement enabling Greece to help monitor its neighbour’s air space, including for civilian flights. During a visit to the North Macedonian capital Skopje, Greek Prime Minister Alexis Tsipras noted the deal between the two country’s defence ministers includes the Hellenic Air Force providing air traffic control services to Northern Macedonia, which it will monitor via radar.…

SUPERFRUITS offer personal care product brands lots of marketing muscle, delivering an image of exoticism, as well as offering real functional benefits.

As a result, beauty companies have been willing to trawl the world for new super fruit ingredients to give their lines a competitive edge.…

THE EXTENSION by the Greek government of a concession to operate Athens International Airport Eleftherios Venizelos for an additional 20 years has been cleared by the European Commission, which ruled that the EUR1.1 billion fee charged is a fair market price.…

Taxpayers across Europe have lost some EUR55 billion (USD62 billion) in a massive stock trading fraud – called ‘cum-ex’ – that has hit at least 11 countries, according to a collaborative investigation by European media organisations. Cum-ex involved managers trading a company’s shares rapidly around a syndicate of banks, investors and hedge funds, creating the impression that there were several owners, each entitled to a tax rebate on capital gains tax.…