Search Results for: Spain

BY KEITH NUTHALL
A NEWLY launched European Union (EU)-funded research project will uncover genetic factors linked to depression, helping to develop new drug treatments over the next five years. The NEWMOOD project has received Euro 7.2 million in EU funding. It will help researchers “revolutionise antidepressant drugs, which have not changed much over the past 30 years,” claimed the European Commission.…

BY KEITH NUTHALL
THE EUROPEAN Commission is pressing Spain to implement a European Court of Justice (ECJ) ruling of last May, telling it to reform a law allowing it to block deals involving tobacco giant Tabacalera SA. If Spain continues to ignore the ruling, it could face massive daily recurring fines worth Euro 1,000’s.…

BY KEITH NUTHALL
THE EUROPEAN Commission is pressing Spain to implement a European Court of Justice (ECJ) ruling of last May, telling it to reform a law allowing it to block deals involving tobacco giant Tabacalera SA. If Spain continues to ignore the ruling, it could face massive daily recurring fines worth Euro 1,000’s.…

BY KEITH NUTHALL
SPAIN’S Grupo El Prado Cervera has lost a trademark battle opposing the registration of CHUFAFIT for processed and fresh nuts. It failed to persuade the European Court of Justice this undermined its CHUFI brand.…

BY KEITH NUTHALL
THE EUROPEAN Commission has decided to launch legal action against Spain over the transfer of insurance portfolios in that country, which Brussels says are in violation of European Union’s (EU) insurance directives and the principle of free movement of services.…

BY KEITH NUTHALL
FOLLOWING the success in collecting data about prehistoric climate changes from polar ice cores, the European Union (EU)-funded PROMESS1 project has collected 500,000-year-old sediment samples from the Mediterranean floor. These, said a European Commission note, “will allow researchers to reconstruct climate variations since pre-historic times, thus providing keys for understanding what is happening to Earth’s climate now…holding (geological) archives of past developments”.…

BY KEITH NUTHALL
THE EUROPEAN Commission has formally threatened legal action against Spain, Italy, Ireland and Portugal for exempting all book lending institutions from their obligations to pay fees to copyright holders. If the countries do not within two months say how they intend to limit this universal right, the Commission could ask the European Court of Justice (ECJ) to order them to comply.…

BY KEITH NUTHALL
THE EUROPEAN Commission has granted European Union (EU) competition authority clearance to US-based private equity investment group Carlyle Group acquiring full control of Spain’s Saprogal S.A. by from another American company, food giant ConAgra Foods Inc. Saprogal produces and supplies poultry products, pet food and animal feed mostly in Spain and Portugal, commanding annual sales exceeding Euro 250 million.…

BY KEITH NUTHALL
IT is early days, but the European Union’s (EU) Solidarity Fund, subsidising the costs of large-scale disasters, shows every likelihood of being a permanent feature of the EU risk management scene. We’re not talking small beer here; the fund paid out Euro 104.7 million last year and Euro 728 million the year before that, easing the consequences of disasters such as floods, earthquakes and forest fires.…

Keith Nuthall
THE GREEKS may be champions in European football, but they are bottom of the league for tax honesty, a European Commission report has concluded, with more than 20% of work by value being undeclared. The paper ‘Undeclared work in an enlarged Union’ shows that Britain is much more honest, with only 2% of its GDP being concealed from the tax authorities, second only to Austria (1.5%).…