International Customs

OSLO: The gloomy oil market situation has hit prospects and profitability forecasts, amongst other things. Swedbank chief economist Harald Magnus...

Greece Easter feasts cost to be 5.3% higher in 2015

ATHENS: The national confederation of Greece commerce (ESEE) reported on Tuesday that the cost of a traditional holiday meal will...

Greece ATG shares rise to 1.6%, banking index up 2.6%

ATHENS: Greece shares rose, as investors welcomed a move over the weekend by Athens' government to calm concerns that the...

Euro advances after Greece’s pledge to meet IMF on April 9

ATHENS: The euro advanced for a 4th day against the dollar after Greece pledged to make a payment to the...

Finnish alcohol duty to bring in €240m in state coffers

HELSINKI: Alcohol producers are warning that a sharp increase of excise duty on alcohol would end the border trade between...

Poland’s new car registrations decline to 3.8% in March

WARSAW: According to the car manufacturing company's statics it shows that the Poland's new passenger car and van registrations declined...

Melaleuca opens for business in Poland

WARSAW: Melaleuca opened for business in Poland on April 1. Company executives are calling the event another milestone toward Melaleuca’s...

Poland’s GDP may grow up to 3.5% in 2015

WARSAW: Poland is on track for 3.4 to 3.5% GDP growth in 2015, built on high-quality drivers in domestic demand...

Poland to spend over 14m Zloty to build 16 watchtowers at Russian border

WARSAW: Poland will build 6 watchtowers to survey its 200 kilometer long border at cost of 14 million zloty, with...

FedEx makes €4.4b cash offer for Dutch firm TNT Express

AMSTERDAM: American package delivery firm FedEx has made a €4.4bn all cash offer for Dutch peer TNT Express, both firms...

South African citrus sector decides not to ship oranges to Spanish ports

CAPE TOWN: The South African citrus sector decided not to ship to Spanish ports after a disagreement regarding the phytosanitary...

Finland signs pact with African tax administration forum on 2nd April 2015

HELSINKI: The Finnish tax authority signed a co-operation pact with the African Tax Administration Forum (ATAF) to support African tax...

South Africa’s revenue to rise by 9.6% to ZAR986.4b in 2015

CAPE TOWN: South Africa's Minister of Finance, Nhlanhla Nene, has disclosed that revenue collections for the 2014/15 fiscal year are...

Belgians paying 75% more for electricity than residents in Netherlands, France, Germany

Hungary’s deficit drops to 2.6% of GDP

BUDAPEST: The Hungarian Government has said that the country's deficit dropped to 2.6 percent of gross domestic product, below projections...

Hungary’s NBH cuts key rate by 15 basis points to 1.95% in March

BUDAPEST: The National Bank of Hungary (NBH) cut its key rate by 15 basis points to 1.95% in last month....

Swiss bank to pay $211 million penalty in US tax case

BERN: The U.S. Justice Department said that BSI SA is the first Swiss bank to successfully navigate a self-reporting program...

Interconnector sets gas sale terms: Pipeline can export 20bcm/year to Belgium, import 25.5bcm/year to Britain

BRUSSELS: Interconnector UK, operator of the gas link between Britain and Belgium, set terms for the first sales of pipeline...

Railway linkages nationwide to cost 2 billion dinars, says Lina Shbeeb

AMMAN: The Transport Minister Lina Shbeeb stated that her ministry has a vision of establishing railway linkages nationwide at an estimated cost...

Amman exports to Iraqi market decline 19% in 1st quarter of 2015