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Fitch Ratings says the recent creation of large vertically integrated state-owned power groups by the Polish government should enhance the Polish power sector's business profile.
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Parliament approved with amendments, at a second-reading vote, new rules on public passenger transport services by rail and by road which seek to rebalance the award of contracts for these services between the public and private sectors.

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Fitch Ratings says in a special report that major Italian banks will generate solid operating profit also in 2007, as demonstrated by UCI's Q107 results. The expected pick-up in the Italian economy is likely to be one of the key drivers.
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Across Europe, car manufacturers are experiencing tremendous pressure to reduce CO2 emissions from new passenger vehicles sold in the market.
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Parliament gave qualified backing on 10 May to the Council's common position on a proposal to deregulate pack sizes for pre-packed products. Once the legislation is implemented, it will be possible to sell many everyday consumer products in a wider range of sizes than at present.
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Public health is still a policy for national governments, yet action at European level is often the best solution for improving the health of Europe's citizens. This requires adequate funding. The EP Committee on the Environment and Public Health is proposing that the EU budget in this area be increased by 10% and that the goals of the action programme for health be made more precise.
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The numbers speak for themselves. Despite the potential of online shopping, only 6% of European consumers engage in cross-border e-commerce. Of those who attempt it, 33% find that businesses refuse to sell their goods or services because the buyer and seller are not resident in the same country. Overall, European consumer and business confidence in the digital environment is low. A report adopted on Tuesday by the Internal Market Committee sets out how to remedy the situation.
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Burdensome administrative regulations and overzealous internal rules for procurement officers are among the main barriers to SMEs' access to public tenders, according to UEAPME, the European craft and SME employers’ organisation.

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The Voca take home pay index shows that growth in take home pay eased to 3.6 per cent in April from 3.7 per cent in March. This downward trend shows that the expected strong pay increases in the January wage round have so far failed to materialise.


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The Italian pharmaceutical industry has witnessed several major developments in the last few months, including another set of price cuts, the falsified dossier scandal and plans to further liberalise the over-the-counter (OTC) sector, according to the recently published Italy Pharmaceuticals & Healthcare Report Q406.
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