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(MENAFN - AFP) Thai health authorities on Friday said cigarette packets will carry warnings on the risks of smoking across 85 percent of their surface, in a blow to tobacco companies who had fiercely opposed the move.The warnings - featuring gruesome photographs of smoking-related ailments - will increase from 55 to 85 percent of the surface of both sides of every cigarette ...

 

(MENAFN - AFP) Bulgaria's central bank warned of an attempt to destabilise the country on Friday following an apparently coordinated campaign to spread rumours that some of its banks were in financial trouble, triggering public panic. "In recent days there has been an attempt to destabilise the state through an organised attack against Bulgarian banks without any reason," ...

 

(MENAFN - AFP) A US judge said Friday a deposit from Argentina towards paying off restructured debt was illegal unless hedge funds holding $1.3 billion in bonds were also paid.Judge Thomas Griesa warned Buenos Aires that any further such payment attempts would put it in contempt, and said the $539 million sitting in an account of Bank of New York Mellon should be returned.He ...

 

(MENAFN - AFP) The crisis in Ukraine is damaging German exports to the war-torn region and to Russia, new trade data showed on Friday.In the first four months of this year, exports to Ukraine and Russia declined by more than 2.0 billion euros ($2.7 billion), according to data compiled by the Committee on Eastern Europe Economic Relations. Exports to Ukraine plunged ...

 

(MENAFN - AFP) Carmakers Renault-Nissan and Daimler announced Friday that they will join forces to build compact cars in Mexico. The Franco-Japanese and German groups said in a joint statement that they would invest 1.0 billion euros ($1.36 billion) in the construction of a brand new plant in Aguascalientes, north-central Mexico. "The new plant will be built in the ...

 

(MENAFN - AFP) Portugal, which has just emerged from a bailout programme, nearly halved its budget deficit in the first quarter of the year relative to national output, official data showed on Friday.The ratio of the public deficit to gross domestic product fell from 10.0 percent at this time in 2013 to 6.0 percent, the national statistics institute Ine said, marking a ...

 

(MENAFN - AFP) Italy and France left an EU summit on Friday without a sought after change to the bloc's strict budget pact, winning only an assurance that countries can make the most of flexibility already built into existing rules.The European Union's 28 leaders were gathered in Brussels to nominate former Luxembourg premier Jean Claude Juncker, a conservative Brussels ...

 

(MENAFN - AFP) European train passengers have been warned they face fresh strike action just as the summer holiday season begins, after a Belgian rail union announced it would take industrial action on Monday.The SNCB, the Belgian national rail company, said it was expecting "severe disruption" with the walk-out due to hit both national and internation rail lines.Both ...

 

(MENAFN - AFP) European Union leaders sign historic association accords Friday with Ukraine, Georgia and Moldova as the three Soviet-era republics look to a future in Europe rather than with their old masters in Moscow.The association accords, plus free trade deals, offer the three countries increased economic and political ties with the 28-nation bloc which could ultimately ...

 

(MENAFN - AFP) The European Union has filed a formal complaint against Russia at the WTO over Moscow's embargo on pork from the bloc, trade sources said Friday.The move followed a failure to settle the issue in direct talks in April and May, and comes amid a raft of trade disputes between the two sides.In January, Russia banned imports of live pigs and pork from the ...

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