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VW questioned by Parliament

2015-10-12 21:02:07| BBC News | Business | UK Edition

Volkswagen grilled in parliament

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Parliament wants more time for code of conduct around debt

2015-10-07 11:29:00| Telecompaper Headlines

(Telecompaper) The Dutch Lower House of Parliament wants the telecom sector to get more time to discuss debt problems and how it plans to apply the Financial Supervision Act (Wft). The House wants parties to have until the end of the year to agree on a covenant. Parliament is responding to a motion put forth on 6 October by VVD MP Aukje de Vries. The motion asked the government to invite the sector to develop a code of conduct for the prevention and management of mobile debts. If the government finds the agreements adequate, then the sector will be exempted from supervision under the Wtf. A code of conduct has to be set up by 1 January, or at least, be in sight by then. The motion has received the support of coalition and some opposition parties, but not from Christian Democrat Party CDA. MP Pieter Omtzigt wants to establish a link between Wft/debt problems and a number of other files but has not managed to garner any support for the idea. Minister of Financial Affairs Jeroen Dijsselbloem said earlier that he can go with the two extra months for the sector to come up with a code of conduct.

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SAA boss chided over 'glib' answers in Parliament

2015-09-03 12:02:06| Airlines - Topix.net

SAA chairperson Dudu Myeni faced hostile questions from MPs on Wednesday as woes at the national carrier show no sign of abating. South African Airways is still making a loss, though it had managed to slash it by 43% through cost savings, the top management of the national carrier on Wednesday told MPs who reacted with dismay across party lines.

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Wall Street Breakfast: Greek Crisis Winds Down - Parliament Passes Reforms

2015-07-24 10:47:18| Semiconductors - Topix.net

Economy Greek Prime Minister Alexis Tsipras seems to have contained a rebellion in his left-wing Syriza party after winning parliamentary approval for a second package of reforms required to start bailout talks with international creditors. The bill covered rules for dealing with failed banks and speeding up the justice system - two more conditions set by the eurozone and IMF to open negotiations on an 86B rescue loan.

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European Parliament mulls lobby ban for big companies

2015-07-20 12:25:16| Beverages - Topix.net

The European Parliament's special tax committee is seeking to punish multinationals for refusing to send representatives to a hearing in June by revoking lobbyist passes and preventing access to senior European Commission officials. AB InBev, AmazonEU, Barclays Group, Fiat Chrysler Automobiles, Google, HSBC Bank, Ikea, McDonalds and The Coca-Cola Company are among a list of multinationals that turned down invitations.

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