EC says no state aid provided in sale of Unipetrol
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PRAGUE- The Czech Republic has not provided state aid in the sale of the state-owned stake in petrochemical group Unipetrol to Polish company PKN Orlen, the European Commission concluded, FinMin spokesman Marek ...
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None of the European Union's 10 new member states yet fulfils the criteria for joining Europe's single currency, the European Commission said in a report.
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The regional state authorities of Lower Saxony has denied a newspaper report that said they were seeking support from other shareholders in Volkswagen in the escalating battle for control of the German auto giant with luxury sports car maker Porsche.
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Unipetrol (Czech Republic), holding petrochemical company, is expected to see a record loss of nearly CEK 1.5 bil for 4Q 2006, according to analysts. The holding company Unipetrol is expected to decrease its profit by nearly 50% for all 2006 compared to 2005, according to analysts.
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EU nations rejected a &quot;vague&quot; Turkish offer to ease a trade dispute with Cyprus and thereby stop the European Union discussing a partial freeze of Turkey's membership talks, officials said.
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BRUSSELS, Sep 27 (IPS) - Seven months after a major investigation spelt out  Europe's involvement in a murky U.S. torture and kidnapping  programme, the EU's governments have claimed they are  powerless to prevent such human rights abuses in the future.
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German engineering giant Siemens has decided not to appeal to the European Court of Justice against the publicly financed bailout of French rival Alstom.
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A World Trade Organisation panel on Thursday reproved the European Union for acting unilaterally in setting up a special aid scheme for European shipbuilders to counter alleged
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The European Union rejected a request by the United States to eliminate public subsidies for the aerospace groups Airbus and Boeing, a European Commission spokesman revealed.
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LONDON, England -- Many European Union companies are being denied access to a market in public contracts worth $1.8 billion because governments are still favoring home-based firms, according to a British report into fair competition released on Monday.
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The European Union (EU) should not link any more conditions to starting accession negotiations with Turkey, Turkish Foreign Minister Abdullah Gul said Wednesday.
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EU farm ministers failed Monday to reach an agreement on allowing a new genetically modified potato on the market, leaving the decision by default to the European Commission, a diplomat said.
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Unipetrol (Czech Republic), petrochemical holding, has already sold its subsidiaries Spolana (Neratovice, Czech Republic) and Kaucuk (Kralupy and Vltavou, Czech Republic). Spolana was sold for CEK 1.2 bil to the company Anwil (Poland) in 2006, a subsidiary of the company PKN Orlen (Poland).
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ATHENS, Jan 14 (IPS) - The European Commission (EC) announced a formal  investigation Dec. 20 into complaints that the Greek state is  illegally subsidising its national air carrier.
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BRUSSELS, Aug 29 (IPS) - The European Union's only directly elected  body is demanding increased aid for basic health and education in  poor countries before it approves next year's budget for the  27-nation bloc.
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EU laws are being imposed without proper debate, say peers behind a bid to hold an inquiry into withdrawing from the EU.
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The European Union does not support the  idea of using assassinations in the fight against terrorism, EU  Justice Commissioner Franco Frattini was quoted as saying on  Thursday.