Finance & Economy
China accounts for 85% of fake goods seized in EU
Written by EU Business.com
(BRUSSELS) - European customs intercepted one billion euros worth of counterfeit goods last year, with 85 percent of the fakes originating from China, the European Commission said Thursday.
The figures highlighted the rise of Chinese counterfeit goods, which had accounted for 64 percent of the fake articles seized in the 27-nation European Union in 2009.
China is by far the biggest exporter of such goods in a list that includes India, the source of counterfeit drugs, and Hong Kong, which...
The figures highlighted the rise of Chinese counterfeit goods, which had accounted for 64 percent of the fake articles seized in the 27-nation European Union in 2009.
China is by far the biggest exporter of such goods in a list that includes India, the source of counterfeit drugs, and Hong Kong, which...
US at risk from eurozone meltdown: Fed
Written by EU Business.com
(WASHINGTON) - A shaky eurozone, with bond market contagion hitting Italy and Spain, poses a risk to the United States, US Federal Reserve...
France to reduce tax breaks further
Written by EU Business.com
(PARIS) - France will need to eliminate more tax breaks than originally planned in order to meet deficit reduction targets, the finance minister...
Hungary presents new homes to toxic spill families
Written by EU Business.com
(KOLONTAR) - Top government officials presented more new homes to villagers in western Hungary Thursday whose houses were destroyed in the...
Eurozone debt crisis summit eyed in days
Written by EU Business.com
(BRUSSELS) - Eurozone officials are scrambling to resolve divisions over a new bailout for Greece and lay the ground work for a debt crisis summit...
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