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The Earth Times Online Newspaper (Free subscription) | yesterday
Brussels - European Union investigators on Wednesday raided the offices of a number of pharmaceutical companies, suspecting them of breaking EU rules on fair business. The European Commission said in a statement that officials started surprise inspe...
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Hedge Fund Jobs (Free subscription) | 12/08/2009
Hedge Funds EU Spain Hedge Funds to Negotiate with Spain over New EU Rules UK hedge funds and private equity firms are being pressured by the government to negotiate with Spain on new EU regulations. Sweden is about to relinquish presidency of the European Union to Spain, which would give the Spanish finance ministry greater control over financial reforms and regulations. By working with Spain,...
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3wan.net (Free subscription) | 12/09/2009
... a former state-run monopoly, so-called regulatory holidays – a relaxation of competition rules. The ruling concerns a German law that entered into force in 2006, which, according to the Commission, allowed Deutsche Telekom to bypass EU rules on regulation. The Commission's rules, bolstered last month with the adoption of a new telecoms package, say markets must be subject...
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MaldivianDigital® :: Forum (Free subscription) | 12/08/2009
By *Robert Briel* December 8, 2009 07.38 UK The European Commission has opened a formal investigation under the EU state aid rules into the new tax based funding system for the Spanish public...
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MaldivianDigital® :: Forum (Free subscription) | 12/07/2009
*EC opens investigation in to funding of RTVE December 7th, 2009 - 11:14 UTC by Andy Sennitt. The European Commission has opened a formal investigation under the EU state aid rules into the new...
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Andrew Allison (Free subscription) | 12/06/2009
I am not a scientist, but my understanding of a black hole is it acts like a vacuum cleaner, sucking in all types of matter. Perhaps this analogy best describes the EU. I don’t often publish a full post from another blogger/writer, but the following post from Mark Wallace of the Taxpayers’ Alliance highlights just how much Brussels controls our lives and how much money it sucks in to its...
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BBC NEWS | The Devenport Diaries (Free subscription) | 12/07/2009
Jim Shannon (for it is he) has asked Michelle Gildernew what's she's doing to promote Game as a menu item in restaurants and homes. The Agriculture Minister notes that EU rules limit the use of funds to promote domestically produced meat. But she advises the game industry to tap into her "Regional Food Programme" which promotes quality local produce. Given Jim's prowess with decimating...
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The Guardian (Free subscription) | 12/07/2009
... an industry tax may be illegal. "The commission doubts whether the new taxes are in line with EU rules on electronic communications networks and services," it said in a statement. The EC is already investigating a similar model which is being phased in to fund France's public broadcaster, France Télévisions. Alberto Oliart, the 80-year-old former defence minister...
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The Ben Lomond Free Press (Free subscription) | 12/08/2009
This picture is of “ballot boxes” in a national general election. An armed policeman stands guard. Many of his colleagues are on the streets fearing civil unrest. The result of the election is being disputed and there is widespread and systematic corruption. You may be thinking Afghanistan by this stage. It’s actually Romania who had its general election on Sunday. Romania is in the EU. President Sarkozy...
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EU Referendum (Free subscription) | 12/05/2009
... it would have been very difficult for the government to support the firm directly "due to EU rules on state subsidies." However, this did not seem to be a problem for the company's IJmuiden steelworks in the Netherlands, purchased in 1999 when it took over the Dutch company Koninklijke Hoogovens. Only at the end of last month did the company announce a €20 million project...
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SeekingAlpha.com (Free subscription) | 12/04/2009
IPE at UNC submits: By Kindred Winecoff Greece is in big, big, trouble : Most blatantly, Greece misled the world about the acuteness of its fiscal plight. Back in March, the situation looked bad – but manageable. The European Commission forecast that the Greek public sector deficit this year would be above the 3% limit set under EU rules and “exceed 4% in 2010”. At the time,...
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IPE at UNC (Free subscription) | 12/04/2009
Greece is in big, big, trouble : Most blatantly, Greece misled the world about the acuteness of its fiscal plight. Back in March, the situation looked bad – but manageable. The European Commission forecast that the Greek public sector deficit this year would be above the 3 per cent limit set under EU rules and “exceed 4 per cent in 2010”. At the time, officials were concerned...
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Telecompaper (Free subscription) | 12/03/2009
(Telecompaper) The European Commission has opened a formal investigation under the EU state aid rules into the new tax-based funding system for Spanish public broadcaster RTVE. Spain is planning to abolish advertising and other commercial activities of RTVE and to replace this source of income by newly introduced taxes on TV and telecommunications operators. In addition to existing state financing...