Search Results for: Spanish

BY KEITH NUTHALL
A SIX year fishing agreement struck between the European Commission and the Seychelles has reduced access for European Union (EU) tuna boats to answer criticism that similar past deals have been emptying developing world waters of fish. The new agreement with the Seychelles – lasting from January 2005 to 2011 – cuts fishing opportunities for tuna long-liners by 15% by 2006.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has confirmed that countries in its eastern Europe and central Asia area of focus are booming because of high oil prices. Its annual 2004 Transition Report says Russia and the Ukraine are experiencing “skyrocketing annual growth”, making the former Warsaw Pact the world’s second-fastest-growing region (up 6.1%), next to China and its southern neighbours.…

Keith Nuthall
SPANISH national carrier Iberia has warned it may formally complain at the European Commission about alleged illegal state aid from Spain’s regional governments to Ireland’s Ryanair. Iberia chief executive Angel Mullor said his company was “gathering information” on subsidies helping Ryanair operate at regional airports, such as Santander, northern Spain, and Girona, Catalonia.…

BY KEITH NUTHALL
ECSTASY has become Britain’s number two illicit drug, overtaking amphetamines, warns a new European Union (EU) narcotics report alerting public health professional across Europe to increasing abuse of most recreational drugs. The best news highlighted by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) is that heroin use and new HIV infections are falling in western Europe, although they are increasing in many eastern European countries, such as the Baltic States.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has drawn up plans to lend Spain’s Aeropuertos Españoles y Navegación Aérea (AENA) up to Euro 550 million to help modernise the country’s air traffic control systems and infrastructure in Spain. The aim, said an EIB note, was to bring Spanish ATC services “in line with the technical requirements of Eurocontrol”, helping to harmonise air traffic control standards across Europe.…

BY KEITH NUTHALL
ERRORS made by the European Commission lawyers have wrecked a European Court of Justice (ECJ) case designed to force Spain to recognise air traffic control qualifications gained in other European Union (EU) member states.

Judges threw out Brussels’ application, citing a litany of legal mistakes.…

BY KEITH NUTHALL
SPANISH steel producer Acerinox is likely to lose a final appeal against European Union (EU) rulings that it took part in a cartel in Spain’s market for stainless steel. An advocate general of the European Court of Justice (ECJ) has recommended that ECJ judges back the junior European Court of First Instance’s insistence that Acerinox took part in market fixing with Germany’s ThyssenKrupp and others.…

BY KEITH NUTHALL
PUNISHING fines have been imposed by the European Commission on Spanish and Italian tobacco processors for operating a pricing and purchasing cartel between 1996 and 2001. Brussels has slammed Italy’s Deltafina with a Euro 11.8 million fine, as cartel leader and the main buyer of tobacco grown in Spain.…

BY ALAN OSBORN
TINY, mountainous and very very friendly to rich people with plenty of cash to stash away, Andorra ought to be a money launderer’s paradise. On balance, anti money laundering people say that it is not, though the relentless culture of secrecy about financial matters makes this impossible to say with certainty.…

Keith Nuthall
THE EUROPEAN Court of Justice (ECJ) has overturned a European Commission order that Spanish synthetic fibres producer Sniace SA, of Cantabria, repay state aid of Pesetas 8 billion (Euro 48 million) it received in the 1990’s. This was paid via the rescheduling of debts to Spain’s social security fund and de facto low interest loans from its wage guarantee fund Fogasa.…