Search Results for: Greek
10 results out of 352 results found for 'Greek'.
SWISS-BASED PHARMA COMPANY IN EURO 400 MILLION CHINA INVESTMENT DEAL
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.…
SPANISH AND GREEK AIR TRAFFIC FALLS AMIDST CONTINUED ECONOMIC GLOOM
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.…
GREEK DEANS ASK FOR EU SUPPORT OVER UNIVERSITY STAFF CUTS
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).…
GREECE BUSINESS LEADER UPSET AT SPRIDER COLLAPSE
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).…
BRUSSELS WANTS ECJ TO ORDER ALUMINIUM OF GREECE TO REPAY SUBSIDIES
The European Commission is to ask the European Court of Justice (ECJ) to order the Greek government to recover EUR17.4 million from Aluminium of Greece paid in 2007-8 through low electricity bills from Greece’s state-owned Public Power Corporation (PPC).
Brussels said yesterday (Wednesday) that Greece had ignored a 2011 order that this handout be repaid because it was illegal under European Union (EU) state aid rules.…
CYPRUS STRUGGLES WITH MAJOR NEWCASTLE DISEASE ALERT
CYPRUS’ veterinary services are struggling with a major outbreak of Newcastle Disease, which has ripped through broiler farms across the Greek internationally-recognised portion of the island.
According to the Office International des Épizooties (OIE), the world animal health organisation, the disease first appeared in June and the outbreak is ongoing.…
PHARMA PRODUCT PATENT PROTECTION ONLY GUARANTEED IN EU IF MADE AFTER 1994, SAYS ECJ
THE EUROPEAN Court of Justice (ECJ) has ruled that patents covering pharmaceutical manufacturing processes cannot be extended to cover the resulting product if the patent was lodged before 1994. That was when the World Trade Organisation’s (WTO) Agreement on Trade-Related Aspects of Intellectual Property (TRIPs) came into force, and it says patents must cover a medicine’s content and manufacturing methods.…
EUROPEAN COGENERATION PROSPERS IN SOME COUNTRIES, WHILE FIGHTING WEAK ECONOMIES AND UNHELPFUL POLICY IN OTHERS
WITH Europe’s economy still struggling to deal with the fall-out of the global financial crisis, its co-generation sector has had to fight to expand, or in some cases hold its position. Tightening national government budgets have meant that the co-gen industry has had to argue persuasively for public subsidies and tax breaks, or even the right to have equal treatment with renewable energies.…
‘PIGS’ COUNTRIES’ PUBLIC AND ROAD TRANSPORT SERVICES STRUGGLE WITH MASSIVE GOVERNMENT CUTS
THE ACRONYM ‘PIGS’ to mean Portugal, Ireland, Greece and Spain, was never very kind. It was abusive European Union (EU) jargon claiming that these countries were poor and their governments, profligate. Sadly, the international financial crisis showed that there was some truth in this and the four countries have since 2008 had to slash public spending to stave off national bankruptcy, and their collective road and public transport sectors have suffered.…
BRUSSELS OPPOSES IMPORT LEVY SUBSIDISING GREEK MEAT PRODUCERS
THE EUROPEAN Commission has told Greece to scrap a meat import levy system that diverts this charge to a fund subsidising Greek farmers. In announcement yesterday (Thursday), the Commission said Greece was breaching European Union (EU) laws on fair trading, because the levy made EU meat traders from outside Greece give financial support to their Greek competitors.…