Search Results for: Greek
10 results out of 335 results found for 'Greek'.
GREECE COURT CASE UPSETS MUSLIM COMMUNITY BY BANNING NO-STUN SLAUGHTER
A recent verdict (judgement 1751/2021) by Greece’s top court, the Council of State, regarding the ritual slaughter of animals has raised significant concerns to the Muslim and the Jewish communities of Greece, potentially impeding growth in Greek halal exports. The ruling effectively withdraws a permit that has allowed the slaughter of animals without stunning them first, as (usually) required to produce halal and kosher meat.…
THE CORONAVIRUS HAS FUELLED RENEWED GEOSTRATEGIC COMPETITION
A key political question emerging from the Coronavirus pandemic has been how the disease might readjust relations between this world’s two largest powers – the United States and China. The two countries have had two very different experiences of Covid-19, which reflect their contrasting social and political systems.…
GREEK METAL PACKAGING SECTOR REMAINS MIXTURE OF MAJORS AND SMALL PLAYERS, FIGHTING COVID-19 DISRUPTION
The Greek metal packaging sector is characterised by fragmentation between two multinationals and a larger number of smaller Greek enterprises. This defines a national industry that is primarily inward looking, with few exports. Vasilis Papapanousis, sales director at leading tinplate manufacturer ELSA SILGAN Metal Packaging SA, told CanTech International that exports do not account for more than 5-10% of the total Greek production metal packaging.…
EU/WTO REGULATORY ROUND UP – MAJOR EU RESEARCH FUNDING MADE AVAILABLE FOR FOOD AND DRINK INNOVATION
FOOD and drinks companies from across the European Union (EU) are now able to apply for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies generally needing to form international consortia focused on food, ingredients and packaging projects to secure funding.…
GOLDEN PASSPORTS RAISE INCREASING CONCERN OVER MONEY LAUNDERING VULNERABILITIES
THE EUROPEAN Commission in June (2021) signalled it was running out of patience with Malta and Cyprus over their ‘golden passport’ schemes which allow people investing in these small island nations to effectively buy citizenship. The European Union (EU) executive has long warned that such policies contain significant ML risks, releasing a detailed report in 2019 that highlighted concerns that governments failed to properly screen the source of funds used to gain golden passports.…
INTERNATIONAL REGULATORY ROUND UP – EU/UK CONFECTIONERS MUST ABIDE BY COMPLEX ORIGIN RULES TO SECURE BREXIT DUTY FREE TRADE
BRITISH and European Union (EU) confectioners must take care to ensure their products meet new origin rules if they want them covered by the duty free goods provisions of the new EU/UK trade agreement struck on Christmas Eve.
The 1,256-page deal includes complex and comprehensive origin rules, such as for chocolate, which can be deemed made in the EU and Britain if all dairy, eggs and honey used are sourced locally, as well as at least 40% of grains, malt, starches and wheat, (which must also not exceed 30% of costs).…
LUXEMBOURG DAIRY FUTURE BRIGHT DESPITE BREXIT AND COVID, SAY EXPERTS
LUXEMBOURG may be a small country, but it is big in dairy, especially milk – with its other main products cheese, butter, butteroil and cream. Growth in the dairy sector of this Grand Duchy, similar in size to the UK country of Dorset and slightly smaller than the US state of Rhode Island, is continuing – even during the market disruption of the Covid-19 pandemic and Brexit.…
EU COUNTRIES DRAGGING THEIR FEET OVER PUBLIC UBO REGISTERS
Many of European Union’s 27 member states appear to have been dragging their feet when implementing a key provision of the fifth anti-money laundering directive (5AMLD) (1), setting up a public ultimate beneficial ownership (UBO) register. The registers should have gone live for the corporate world on January 10, 2020, and two months later on March 10 for trusts.…
EU COUNCIL AUTHORISES SANCTIONS LAW TARGETED AT TURKISH OIL AND GAS SECTOR
THE EUROPEAN Union (EU) has ramped up pressure on Turkey to stop exploratory oil and gas drilling in Mediterranean waters that EU member state Cyprus claims is within its exclusive economic zone (EEZ). Turkey’s state-owned oil company TPAO (Türkiye Petrolleri Anonim Ortaklığı) has sent its drillship Yavuz south of Cyprus, notably testing areas close to Israel’s EEZ that have anticipated major gas deposits.…
GREECE’S LEGAL CIGARETTE MARKET IS SHRINKING AS SMOKERS QUIT AND ILLICIT PRODUCT SMUGGLING SURGES
The tobacco market in Greece, once one of the world’s most robust, is struggling with declining consumption trends seen across Europe and north America, as well as a growing illicit trade.
Vassilis Mastorakis, marketing director of the Karelia Tobacco Company Inc, Greece’s largest cigarette manufacturer and exporter, told Tobacco Journal International that “smoking of cigarettes in Greece has been in a declining trend over the last 36 months [July 2017-June 2020] by almost 7% (2020 versus 2018) while the roll-your-own (RYO) consumption is slightly growing by almost 2 percent over the same period.”…