Search Results for: European commission
Cyprus Bar Association face price-fixing challenge following a formal legal complaint
October 27th, 2015
A formal legal complaint against the Cyprus Bar Association at the European Competition Commission is planned by an organisation that is challenging the price-fixing of lawyers’ fees in Cyprus for out-of-court cases. A NEW organisation calling itself ‘Fairness in ...
EU countries warn of Volkswagen scandal fallout
October 21st, 2015
Several EU member states including major automaker France will urge Europe’s pollution regulator to thoroughly assess the consequences of the Volkswagen emission scandal, according to a document seen by AFP Monday. “The environmental dimension needs to be clearly assessed ...
End of energy isolation in the Baltics: How Gas interconnection works
October 19th, 2015
End of energy isolation in the Baltics: how the Gas Interconnector Poland-Lithuania (GIPL) works How does the Gas Interconnector Poland-Lithuania (GIPL) work? What changes The Governments of Poland, Lithuania, Latvia and Estonia, the European Commission, have reached an agreement ...
EU Court Says Data-Transfer Pact With U.S. Violates Privacy
October 7th, 2015
Decision will affect about 4,500 companies that move, store personal data The European Union’s highest court on Tuesday struck down a trans-Atlantic pact used by thousands of companies to transfer Europeans’ personal information to the U.S., throwing into jeopardy ...
ICE Clear Singapore Receives Recognition Under Emir; On Track For November 17 Launch
October 6th, 2015
Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that ICE Clear Singapore has been recognised as a third-country central counterparty (CCP) in accordance with the European Market Infrastructure Regulation (EMIR). “The EMIR recognition ...
From Volkswagen to China: What Might Derail Germany’s Growth
October 5th, 2015
German economy seen expanding 1.9% in 2015 and 2% in 2016 Focus on domestic demand amid vulnerable export outlook Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s ...
Banks Finalize $1.86 Billion Credit-Swaps Settlement
October 2nd, 2015
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...
VW Close to Diesel Fix as Sales of Rigged Cars Halted
September 30th, 2015
Sales halted in Spain, Switzerland, Italy and the Netherlands Volkswagen to inform customers soon of plans for repairs Volkswagen AG will start fixing emissions systems that cheated on pollution tests as soon as October, as sales of vehicles with ...
Investment Plan for Europe goes global: China announces its contribution to #investEU
September 29th, 2015
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general. Today during the High Level ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
