Search Results for: Portugal
10 results out of 835 results found for 'Portugal'.
EU VAT EXEMPTIONS FOR TRAVEL AGENTS APPLY TO ALL CUSTOMERS SAY JUDGES
A SPECIAL European Union (EU) VAT scheme allowing travel agents to pay one VAT payment on the profits they make from selling services applies to all their customers, and not just travellers, the European Court of Justice (ECJ) has ruled. The European Commission argued at the ECJ that the Czech Republic, Finland, France, Greece, Italy, Poland and Portugal should not allow travel agents to use this perk for non-travelling customers buying non-core services, but its case was rejected.…
CROATIA’S KEY OLIVE OIL SECTOR FACES UP TO THREATS AND OPPORTUNITIES OF EU MEMBERSHIP
CROATIA became a European Union (EU) member state on July 1, and will be hoping that its significant olive oil sector will grow though eased EU market access and production support from Brussels.
Marta Bogdanic, director of projects for the food business group at the Croatian food and retail group Agrokor, which produces and sells a range of award-winning Croatian olive oils, and owns the largest olive groves in Croatia, told Oils & Fats International that Croatia’s EU accession will pose several challenges for the country’s olive oil sector.…
EU SCRAPS REMAINING MEAT EXPORT REFUND
THE EUROPEAN Union (EU) will scrap the last remaining export refund available for meat exporters, following a 20 year liberalisation process.
Yesterday, (Thursday) the EU’s ‘management committee for the common organisation of agricultural markets: animal products’ agreed to scrap refunds payable for exports of frozen whole chickens (65-70%) to certain destinations, notably in the Middle East and the Commonwealth of Independent States (ex-USSR countries).…
PORTUGAL PRESSURED TO AMEND COMPANY TAX RULES
THE EUROPEAN Commission is threatening legal action against Portugal for offering tax benefits to non-resident companies more than 25% owned by Portuguese residents, while denying them to other non-resident companies. Brussels says this breaks European Union (EU) fair trading rules and could ask the European Court of Justice to order Portugal to reform these rules.…
SPAIN FINDS SILVER LININGS AMID THE GLOOM
‘LA TORRE PUIG,’ the 22-storey Puig Tower now being fitted out in the Plaza de Europa, of the Catalan capital, Barcelona, for Puig SL, the family owned fragrances and fashion firm, will be yet another landmark building for one of Europe’s most beautiful cities.…
EUROPEAN PARLIAMENT COMMITTEE TOUGHENS TOBACCO PRODUCT DIRECTIVE
THE EUROPEAN Parliament (EP) public health and environment committee, which is handling the draft tobacco products directive (TPD), went a step further from the European Commission on July 10, when it voted to introduce a “positive list” of approved ingredients to be used in tobacco products.…
‘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.…
NABUCCO IS DEAD; LONG LIVE THE TRANS-ADRIATIC PIPELINE
THE EUROPEAN Union (EU)-favoured Nabucco pipeline carrying Azerbaijan gas to western Europe will now almost certainly never be built, after Azeri gas consortium Shah Deniz decided to sell its gas to the rival Trans-Adriatic Pipeline (TAP). The decision came after Greece announced it would sell its natural gas grid operator DESFA to Azeri state energy company SOCAR: the TAP pipeline would run through Greece to Italy, linking with pipelines in Turkey.…
COPPER CONFISCATED IN EUROPOL STOLEN METAL OPERATION
European metal thieves have been targeted by an international law enforcement operation coordinated by European Union (EU) police agency Europol. Its officials said that more than 120 tonnes of stolen copper was confiscated in Italy alone and there were many arrests, with 37 made in just country – Bulgaria.…
TASS AIRPORT SECURITY SYSTEM TESTED IN SMALL AIRPORT WITHIN SOUTHERN PORTUGAL
PORTUGAL’S Faro Algarve Airport may not be the first airport that leaps to mind when considering where to test-run the latest in air travel security equipment, but the airport is trialling a cutting-edge airport security system.
Located in the country’s southern Algarve region, it is a small airport with seasonal peaks and troughs of traffic that processed 5,672,377 passengers last year (2012) – the majority of whom arrived on budget carriers between June and September.…