Search Results for: Spanish

By Alan Osborn

Each of the 27 member states of the European Union has the right to set the minimum level of qualification necessary to guarantee the quality of professional services within their territory, the European Court of Justice (ECJ) has ruled.…

BY KEITH NUTHALL

COLLAPSING demand in the European Union’s (EU) auto industry is piling so much pressure on its national governments to save their own manufacturers one casualty could be the EU’s laws restricting public subsidies.
These ‘state aid’ rules have long been a lynchpin of EU membership.…

BY KEITH NUTHALL

THE SPANISH government will spend Euro 1.69 million from a European Union (EU) European Globalisation adjustment Fund (EGF) on helping workers made redundant from just two auto-components manufacturer ex-employees, despite originally intending to spread the cash between 12 parts companies.…

BY MARK GODFREY

THOUGH its top trading partners continue to stick with the fair value or mark to market principle set by the International Financial Reporting Standards (IFRS), China remains unwilling to embrace the principle. Though Beijing, keen to nurture its companies into global corporate champions, has been bringing its Accounting Standards for Business Enterprises (ASBE) closer to the IFRS it won’t require listed firms to use the fair value approach – “not for the foreseeable future,” Dickson Leung, partner at the Beijing offices of Lehman Brown has told Accountancy Age.…

BY PAUL COCHRANE

THE MIDDLE East and North Africa region (that economists like to award the acronym ‘MENA’) consumes 6% of the global vegetable oil market and sucks in 15% of global imports, with strong growth across the board on the back of rising per capita GDP and a burgeoning population.…

BY LARS RUGAARD

CASH shortages, competition from abroad and cost rises threaten to remove one of every three of Denmark’s roughly 35,000 lorry drivers from their trade this year, haulage experts are warning. Speaking to Commercial Motor, a Danish truck driver sitting on the bunk of his Volvo truck sums up his industry’s gloom in one sentence: "Earlier things were better".…

BY KEITH NUTHALL

AN ALLIANCE between French and Spanish drinks producers is to share Euro 450,000 in marketing subsidies from the European Commission over three years. The money comes in Brussels’ latest announcement of marketing assistance to sell European Union (EU)-made drinks and food outside the EU.…

BY KEITH NUTHALL

A CONTROLLED opening of Arctic fisheries made more accessible because of the steady retreat of polar ice through climate change has been called for in a European Commission policy paper.

It wants "a regulatory framework for [those] Arctic high seas not yet covered by an international conservation and management regime before new fishing opportunities arise," saying no fisheries should be opened for any country until such controls are established.…

BY KEITH NUTHALL

EUROPEAN Union (EU) energy Commissioner Andris Piebalgs will use his last year in office to push for the creation of an EU-wide energy regulator with real power. Speaking while the European Parliament and the EU Council of Ministers debate a hybrid regulatory system for EU energy producers, Piebalgs has said he wants a strong EU regulator to control Europe’s energy giants.…

BY PAUL RIGG

ROBBERIES, competition from immigrants and the state of the economy are the issues of most pressing concern for Spanish hauliers, according to drivers interviewed in truck stops on the outskirts of Madrid by Commercial Motor.

"I woke up with my kidneys and head hurting like I’d drunk a bottle of whisky," said Elias Calyo, 46, from Andalucia in the south of Spain.…