Search Results for: Hungarian

BY KEITH NUTHALL

THE EUROPEAN Commission has announced it wants Euro 3.5 billion of the general European Union (EU) economic recovery plan it announced in November spent on energy investment. It has proposed spending Euro 1.75 billion on gas and electricity interconnection projects; Euro 500 million on offshore wind power; and Euro 1.25 billion on carbon capture and storage.…

BY MARK ROWE

FOLLOWING the extended frenzy that saw multinational companies move into eastern Europe in the 1990s and early 2000s, several markets in the region are approaching the maturity of western Europe. And while Russia lags behind in general terms, the micro-economies of Moscow and St Petersburg are similarly saturated by high-end brands and developed consumer choice and tastes.…

BY KEITH NUTHALL

THE HUNGARIAN and Romanian governments have agreed to connect their gas distribution systems, a move hailed by the European Commission as being important for eastern Europe security of energy supplies. Brussels is particularly happy the network operators of the two countries (Hungary’s FGSZ Ltd and Romania’s Transgaz will build the pipeline link, without any third country assistance, (such as Russia).…

BY KEITH NUTHALL

MERCEDES-BENZ can now push ahead with building a new manufacturing plant in Hungary, having secured permission from the European Commission to receive Euro 111.5 million in cash and tax breaks from the Hungarian government. The money will help Mercedes-Benz Hungary meet the Euro 800 million cost of building a plant in Kecskemét, the Dél-Alföld region.…

BY KEITH NUTHALL

FORMAL negotiations between the European Union (EU) and Russia over renewing the 1997 partnership and cooperation agreement between them are under way at last: formal talks started in Brussels on July 4, following a successful EU-Russia summit at the Siberian oil town of Khanty-Mansiysk..…

BY CHRIS JONES

EUROPEAN Union (EU) telecommunications Commissioner Viviane Reding faces significant opposition to her proposals for increasing the European Commission’s power of veto over national telecoms regulations (NRAs) and the creation of a new Europe-wide regulatory agency.

NRAs in the 27 member states, which together form the European Regulators’ Group (ERG), have made it quite clear that any attempt by Reding to undermine their authority will face fierce resistance.…

By Alan Osborn

Budapest has been chosen as the site of the new European Institute of Innovation and Technology (EIT), beating four other contenders (Wroclaw in Poland, Sant Cugat del Vallès near Barcelona in Spain, Jena in Germany, and Bratislava/Vienna) for the prize.…

BY KEITH NUTHALL

A EUROPEAN Court of Justice (ECJ) advisory ruling appears to have ruled out a legal reprieve for Italian wine producers in Venice and neighbouring Friulia to continue using the contested name ‘Tocai’ to sell their wines. The Italians have already lost cases at the ECJ over the issue, after they challenged a European Commission decision that the name was illegal under European Union (EU) regulations, because it could be confused with longer established Hungarian Tokaj wines.…

BY KEITH NUTHALL

ENVIRONMENTAL health officers think they are helping keep people fit and well by reducing pollution and food disease. But maybe the best move the cold, rheumatism and asthma sufferers of Britain can make to be healthy is emigrate to a Greek island, sunbathe (moderately) and eat fish, vegetables and olive oil.…

BY KEITH NUTHALL

A EUROPEAN Court of Justice (ECJ) advisory ruling appears to have ruled out any chance of a legal reprieve for Italian wine producers in Venice and neighbouring Friulia to continue using the contested name ‘Tocai’ to sell their wines.…