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KEITH NUTHALL
A DEAL whereby Shell Erneuerbare Energien GmbH will acquire joint control of an existing solar energy joint venture between Siemens AG and E.ONEnergie AG has been cleared by the European Commission, which has concluded that the deal will not harm competition in the sector.…

KEITH NUTHALL
THE UK government has been given permission by the European Commission to go-ahead with exempting certain environment-friendly services from its general climate change levy, ruling that because they promote environmental good-practice and public transport, the concessions should not be considered as illegal state aid.…

BY KEITH NUTHALL
A DIRECTIVE to improve energy efficiency in new and renovated buildings, (above 1,500 square metres), by up to 22 per cent in the year 2010, has been proposed by the European Commission. It would order national integrated minimum energy performance standards for each building type, covering insulation, heating, ventilation, lighting, orientation, heat recovery, and renewable energy sources.…

BY KEITH NUTHALL
THE EUROPEAN Commission has approved the payment of state aid worth DKK 471 million, (Euro 63.7m), to the state-owned bus company Combus, which has been in financial difficulties. Brussels said that the state aid would help the take-over of the company by Arriva and the resulting restructuring.…

Keith Nuthall
A BID to weaken the affect on accountants of the proposed new EU money laundering directive has failed in the European Parliament.

MEP’s rejected proposals from the parliament’s justice and home affairs committee to scrap moves to extend the duty of auditors, tax advisors and external accountants acting for a third party, to comply with its rules on identification of clients, record keeping and the notification of suspicious transactions.…

KEITH NUTHALL
DIPLOMATS at the World Trade Organisation are about to begin a detailed examination of proposals to liberalise the global tourism market, as part of an ongoing round of negotiations on services.

Launched last year, its aim is a series of deals between member countries, which could remove restrictions on travel companies and tourism professionals working abroad.…

BY KEITH NUTHALL
A GROUP of Spanish shipping lines have failed in their legal bid to overturn conditions imposed by their national government, for the right to ply routes from the mainland to island destinations. The European Court of Justice has ruled that Madrid acted legally by refusing to allow a market free-for-all in Spanish waters.…

BY KEITH NUTHALL
A MEMORANDUM of Understanding has been signed between the European Commission, Greece, Macedonia, Yugoslavia, Croatia, Slovenia and Austria on speeding up work to create a reliable road and rail corridor, linking Thessalonika with Salzburg, linking the Balkans and the Aegean to western Europe.…

BY MONICA DOBIE AND KEITH NUTHALL
DAIMLER Chrysler Canada and Ford Canada have been trying to persuade the Canadian federal government to replace the now defunct 1965 Canada/United States auto pact with a system of assistance that would not be so open to a challenge at the World Trade Organisation.…

BY KEITH NUTHALL
THE EUROPEAN Commission has announced that it is to make a grant of Euro 2.5 million to the Yemeni government, allowing it to make improvements to its air traffic control systems. The money will be spent on repairs and replacement of inadequate communication and navigational equipment in the major Yemeni airports, the continuation of flight calibration of navigational aids to maintain reliability and compliance with international civil aviation standards and a training programme for the staff of the Yemeni Civil Aviation Authority.…