Search Results for: Macedonia

allowing gas – including LNG – to be transported between the two countries, starting July 1 (2016). This deal was struck between the network operators for Bulgaria and Greece – Bulgartransgaz and DESFA. It will enable companies from both sides and other countries to make north- or southbound deliveries, boosting gas movements between Greece, Turkey, Macedonia and Ukraine.…

THE EUROPEAN Commission has accused six European Union (EU) member states of failing to detect enough fraud in EU spending programmes where their governments have a significant management role. In its latest annual report on the ‘Protection of the European Union’s financial interests – Fight against fraud 2015’, the Commission said Austria, Britain and Finland had reported “a very low number of fraudulent irregularities, in particular in relation to the amount of frauds allocated to them” for  EU agricultural spending.…

EUROPEAN confectionery manufacturers and the Indonesian government have agreed that they need to work together to ensure that 100% of all palm oil is made sustainably in future. At an April debate hosted at the European Parliament by British conservative MEP Julie Girling, Indonesia’s ambassador to the European Union (EU) Yuri Thamrin said: “We are ready to consider good cooperation projects with our partners in Europe to attain 100% sustainable palm oil and overcome all impediments.”…

MULTI-COUNTRY regions such as eastern Europe do not always follow the same script when it comes to market performance. Sometimes, when major events happen, such as the global financial crisis, it is difficult for national coatings markets to buck the trend, but with the recovery now established, weakening economic headwinds, the latent differences between national markets can become clear.…

COUNTRIES in eastern Europe and the western Balkans are struggling to meet renewable energy targets set through their membership of the European Union (EU)-linked Energy Community, according to two new reports. They say just one of the community’s eight member countries – Montenegro – is likely to meet EU targets for renewables by 2020.…

TEXTILE exports from Serbia to Russia have been increasing, as European Union (EU) exports fall amidst the continuing diplomatic standoff between Brussels and Moscow over the Ukraine crisis. The Serbian government has also been working to prevent EU exporters using Serbia as a backdoor conduit for textile re-exports to Russian markets, taking advantage of the 2000 Serbo-Russian free trade agreement.…

THE ORGANISATION for Economic Cooperation & Development (OECD) has concluded that five jurisdictions need to improve their tax information exchange standards – Andorra, Anguilla (a UK dependent territory), Antigua & Barbuda, Indonesia and Saint Lucia. The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes said these jurisdictions were “partially compliant” with its standards.…

COUNTERFEIT medicines smuggled into Europe through the post and by couriers were among the more than 70,000 fake products intercepted during a joint customs operation code-named ERMIS. Coordinated by the Greek customs service and the European Union (EU) anti-fraud office OLAF, the operation involved customs officers from other EU member states, Macedonia, Montenegro, Serbia and Turkey, said the European Commission.…

Pressure is growing on Hungary’s government to change the country’s tobacco excise laws, which can block sales of distributed products, with the European Commission and the Hungarian tobacco industry calling for the policy to be changed.

Zoltán Pankucsi, deputy state secretary for accounting and taxation at Hungary’s ministry for national economy, confirmed to Tobacco Journal International that Hungary levies excise duties on tobacco by means of tax markings on packaging.…

BUDGET airlines have a major impact on airport expansion or contraction across Europe, but their importance can be particularly pronounced in countries towards the east, whose economies are still catching up with the west of the continent.

Even in Poland, which avoided recession since the financial collapse of 2008, some airports have asked city and regional governments for help when they cannot attract enough trade – in one recent instance following a decision by Ryanair to cut routes.…