04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Law
Tagged Audrey Augier, Carmel Dunne, Chantal Hughes, credit intermediation, EC, Europe's financial system, European Commission, Green Paper on Shadow Banking, Michel Barnier, money market funds, regular banking system, shadow banking
03-9-2013 — /EuropaWire/ — In a ruling handed down today by the Vienna Labor and Social Affairs Court, the court questioned the legal validity of the transfer of flight operations from Austrian Airlines to Tyrolean Airways. Fundamentally speaking, the judge said in … Read the full press release
Posted in Austria, Aviation & Aerospace, Law, Transportation & Logistics, Travel
Tagged Arbeitsvertragsrechts-Anpassungsgesetz – AVRAG, Austrian Airlines, Austrian Labor Contract Law, employee protection, Jaan Albrecht, transfer of flight operations, Tyrolean Airways, Vienna Labor and Social Affairs Court
Automatic encryption of data over all transmission paths Secure data storage in Germany as a reputable location Designation of secure e-mail addresses 02-9-2013 — /EuropaWire/ — Deutsche Telekom and United Internet have launched an initiative within the industry for secure e-mail communication … Read the full press release
Posted in Business, Germany, Internet & Online, Law, Security & Safety, Technology, Telecom
Tagged Deutsche Telekom, E-mail made in Germany, German data privacy laws, GMX, privacy, privacy laws, Ralph Dommermuth, René Obermann, secure e-mail addresses, secure e-mail communication, T-Online, United Internet, United Internet AG, WEB.DE
VIENNA, 28-8-2013 — /EuropaWire/ — The OSCE Representative on Freedom of the Media, Dunja Mijatović, today said she was appalled by a U.S. Department of Justice attempt to force a reporter to divulge sources in a criminal trial. Justice Department lawyers on … Read the full press release
28-8-2013 — /EuropaWire/ — “I consider the detention of Uralkali CEO Vladislav Baumgertner in Minsk on 26 August to be an outrageous act. Economic disputes and various differences which often arise in the course of business should not be dealt with in … Read the full press release
Posted in Business, Commodities, Government, Industrial, Law, Metals and Minerals, Russia, Society
Tagged Alexander Voloshin, Belarusian Potash Company, Berezniki, immediate release of Mr Baumgertner, Mr Baumgertner, Perm Region, Potash Dispute, potash producer, Solikamsk, Uralkali, Uralkali CEO, Uralkali CEO Vladislav Baumgertner detention, Vladislav Baumgertner, Александр Волошин, Владислава Баумгертнера, Уралкалия
22-8-2013 — /EuropaWire/ — The European Commission has concluded that additional commitments provided by Germany in the context of the restructuring of NORD/LB ensure that the State aid granted to the bank remains compatible with the internal market. This remains the case after … Read the full press release
Posted in Banks, Belgium, European Union, Financial, Germany, Government, Investment, Law
Tagged Antoine Colombani, EC approved NORD/LB's restructuring plan, Fürstenberg hybrids, German bank NORD/LB's restructuring plan, Länder of Niedersachsen, Maria Madrid Pina, Mecklenburg-Vorpommern, Norddeutsche Landesbank Girozentrale, Sachsen-Anhalt, state aid rules, sundry investors, The European Commission, tier-1 instruments
20-8-2013 — /EuropaWire/ — The European Commission has today adopted a package of measures to address the continued unsustainable fishing of herring by the Faroe Islands. The measures include the ban of imports of herring and mackerel from the Atlanto-Scandian stocks … Read the full press release
Posted in Environment, European Union, Government, Law
Tagged Atlanto-Scandian stocks, EC bans imports of herring and mackerel, Faroe Islands unsustainable fishing, herring from Faroe Islands, Lone Mikkelsen, mackerel from Faroe Islands, Maria Damanaki, Oliver Drewes, The European Commission bans herring and mackerel imports, unsustainable fishing by the Faroe Islands
19-8-2013 — /EuropaWire/ — The European Union today requested the World Trade Organisation (WTO) in Geneva to rule over a dispute concerning Chinese anti-dumping duties imposed on imports of high-performance stainless steel seamless tubes (“HP-SSST”) from the EU. The EU believes … Read the full press release
Posted in Business, European Union, Government, Industrial, International Trade, Law
Tagged Chinese Anti-dumping Duties, Chinese Anti-dumping Duties on Steel Tubes, Helene Banner, high-performance stainless steel seamless tubes, HP-SSST, incompatible with WTO law, John Clancy, steel seamless tubes anti-dumping duties, supercritical boilers, ultra-supercritical boilers, unjustified Chinese trade defence measures, World Trade Organisation, WTO law
16-8-2013 — /EuropaWire/ — Following the successful collaboration between EU Member States, industry, national administrations, academia, the private sector and local communities on a series of projects to make living, working, travelling, studying and doing business across borders easier, the European Commission … Read the full press release
Posted in Business, European Union, Financial, Internet & Online, Investment, Law, Technology
Tagged cross-border digital public services, e-CODEX, e-SENS, efficiency of cross-border digital public services, eID, Electronic Simple European Networked Services, epSOS ePrescription system, EU Digital Agenda, fulfilling legal requirements, ICT-PSP, LSPs, Neelie Kroes, online SPOCS point, OpenPEPPOL, PEPPOL, setting up a company, STORK module, taking part in public tenders
16-8-2013 — /EuropaWire/ — The European Medicines Agency has published a reflection paper on general issues for consideration regarding the parenteral administration of coated nanomedicines today. The reflection paper describes general issues to consider during the development of nanomedicines that have a coating, including: the effect … Read the full press release
Posted in Government, Healthcare, Law, Pharma & Biotech, Science
Tagged biodistribution, coated nanomedicines issues, Committee for Medicinal Products for Human Use, EMA reflection paper, EMA reflection papers, EMA's view on coated nanomedicines, European Medicines Agency, general issues for consideration regarding coated nanomedicines, interaction of the coating with other molecules in the biological environment, minimise medicines aggregation, nanotechnology, pharmacokinetics, Surface coating
16-8-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between the Spanish telecommunications operator Telefónica and two Spanish banks, CaixaBank, controlled by La Caixa–Caja de Ahorros, and Banco Santander. The … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Internet & Online, Law, Spain, Technology, Telecom
Tagged Antoine Colombani, Banco Santander, CaixaBank, cleared under EU Merger Regulation, data analytics services to merchants, digital advertising, digital wallet services, digital wallets, joint e-commerce venture, La Caixa–Caja de Ahorros, Maria Madrid Pina, peer-to-peer payments, Telefonica, The European Commission
16-8-2013 — /EuropaWire/ — The European Commission is inviting comments from interested parties on commitments offered by the German railway incumbent Deutsche Bahn (DB) regarding its pricing system for traction current in Germany. Traction current is electricity used to power locomotives. … Read the full press release
Posted in Business, European Union, Germany, Government, Law, Transportation & Logistics
Tagged Article 102 TFEU, Competition, DB Energie, DB Group, Deutsche Bahn, Deutsche Bahn commitments, dominant market position, EC, EU antitrust rules, German railway incumbent Deutsche Bahn, long-distance passenger transport, pricing system for traction current in Germany, rail freight, railway companies, traction current
15-8-2013 — /EuropaWire/ — In the first half of 2013, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 877 pieces. Consequently the overall quantity of counterfeits withdrawn from circulation from January to June 2013 … Read the full press release
13-8-2013 — /EuropaWire/ — On the 26th of July 2013 Autorità di Informazione Finanziaria of Holy See/Vatican City State (AIF) and Unità di Informazione Finanziaria per l’Italia (UIF) signed a Memorandum of Understanding to allow reciprocal cooperation for the prevention of … Read the full press release
Posted in Banks, Business, Financial, Government, Italy, Law
Tagged Anti - money laundering, Autorità di Informazione Finanziaria of Holy See/Vatican City State, Egmont Group, Financial Action Task Force, Financial Intelligence Units, suspicious transactions, terrorism financing, Unità di Informazione Finanziaria per l’Italia
12-8-2013 — /EuropaWire/ — Recent reforms to the EU Common Agricultural Policy (CAP) included changes to the region’s sugar regulations, with a new sugar regime entering into force in 2017. With the abolition of sugar quotas and minimum beet prices, … Read the full press release
Posted in Agriculture, Business, Financial, Government, Investment, Law, Netherlands
Tagged abolition of minimum beet prices, abolition of sugar quotas, beet growers, beet sugar producers, EU beet sugar producers, EU cane refiners, EU Common Agricultural Policy, EU sugar price, Koos Verheul, Rabobank, Ruud Schers, sugar
02-8-2013 — /EuropaWire/ — Over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new … Read the full press release
Posted in Business, Economy, European Union, Government, International Trade, Investment, Law
Tagged African, Agreement on investment protection with China, Armenia, ASEAN, Association of Southeast Asian Nations, bilateral trade and investment agreements, Caribbean and Pacific countries, Chile, Colombia, Costa Rica, Cotonou Agreement, Deep and Comprehensive Free Trade Agreement, El Salvador and Guatemala, EU-Canada Comprehensive Economic and Trade Agreement, forthcoming EU Free Trade Agreements, Free Trade Agreements, GEORGIA, Gulf Cooperation Council, Honduras, INDIA, Karel De Gucht, Mercosur, Mexico, MOLDOVA, Nicaragua, on-going EU Free Trade Agreements, Panama, PERU, South Africa, South Korea, Transatlantic Trade and Investment Partnership
30-7-2013 — /EuropaWire/ — Following an in-depth investigation (see IP/13/392), the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market. In particular, the updated structuring plan will help to restore … Read the full press release
Luxembourg, 30-7-2013 — /EuropaWire/ — The Schindler group is one of the largest groups in the world supplying elevators and escalators. Its parent company is Schindler Holding, established in Switzerland. The Schindler group operates through national subsidiaries, which include Schindler Management AG … Read the full press release
Posted in Business, European Union, Government, Industrial, Law, Luxembourg, Management
Tagged cartel, case C-501/11 P, Competition, elevator, escalator, EU Court of Justice, Judgment, Schindler Holding
30-7-2013 — /EuropaWire/ — The European Commission has today proposed to complete the legal framework for Europe-wide patent protection by updating EU rules on the jurisdiction of courts and recognition of judgements (the so-called “Brussels I Regulation”). The changes will prepare … Read the full press release
Princeton, New Jersey, 29-7-2013 — /EuropaWire/ — Sandoz announced today that the US Federal Circuit Court of Appeals has invalidated several patents asserted against the company by Teva Pharmaceuticals in litigation concerning a generic version of Copaxone® – one of the leading … Read the full press release
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