Page-27 of European Union

EU imposes anti-dumping duty on Indian steel pipes

European Union (EU) has imposed a provisional anti-dumping duty of up to 31.2 per cent on imports of sewage and water steel pipes from India for six months to protect its domestic industry. This decision was taken after European Commission ..

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Hungary Declares state of Emergency over Refugee Influx

Hungarian Government has declared a state of emergency in its two regions of Csongrad and Bacs-Kiskun to cope with the influx of refugees. It was declared by Hungarian Prime Minister Viktor Orban. This move could pave the way to bringing ..

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EU bans marketing of around 700 generic medicines of GVK Biosciences

European Union (EU) has banned the marketing of around 700 generic medicines among its member countries. This is the largest suspension imposed on the sales and distribution of generic drugs ordered by EU which will come into effect on August ..

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EU approves 7 Billion Euro Short-Term Loan to Greece

European Union (EU) has approved a short-term loan of 7.16 billion euros to Greece after it was backed by the 28 member states. This loan will allow Greece to pay its debt to European Central Bank (ECB) and the International ..

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Croatia's first female president Kolinda Grabar-Kitarovic sworn-in

Croatia’s first female President Kolinda Grabar-Kitarovic was sworn in on 15 February 2015. She is Croatia’s fourth president since its independence from Yugoslavia in 1991. The Croatian president has a largely ceremonial role and has term a five-year term. In January ..

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OECD introduces ‘single global standard’ for automatic exchange of financial info

Taking a significant step towards combating the black money menace, the Paris-based Organisation for Economic Co-operation and Development (OECD) unveiled ‘single global standard’ for automatic exchange of financial account information between jurisdictions. To enable automatic exchange of financial account information ..

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