A European Union court on Wednesday ruled in favour of litigants seeking to ban the import of goods from Israeli settlements on occupied land, rescinding a decision by the bloc’s executive branch in 2019 not to register a petition submitted by citizens.
The European Commission – the EU’s executive arm – failed to adequately state the reasons for its decision not to register the European Citizens’ Initiative (ECI) proposal, the Luxembourg-based General Court said in a statement.
Through the ECI, EU citizens make proposals for legislation that the European Commission is obliged to consider when they are supported by the signatures of one million citizens.
By Foo Yun Chee BRUSSELS (Reuters) - Europe's second-highest court will rule on May 12 on Amazon.com Inc's appeal of an EU order to pay about 250 mill.
EU Court to Rule May 12 on Amazon Appeal of Order to Pay EUR 250 Million in Back Taxes
EU Court to Rule May 12 on Amazon Appeal of Order to Pay EUR 250 Million in Back Taxes
Amazon is one of the biggest employers in Luxembourg. By Reuters | Updated: 1 May 2021 11:42 IST
Photo Credit: Reuters
Highlights
Amazon s appeal of an EU order will be ruled by Europe s court on May 12
Luxembourg also appealed to the Luxembourg-based General Court
Amazon in 2017 was said to be spared from payment taxes
Europe s second-highest court will rule on May 12 on Amazon.com s appeal of an EU order to pay about EUR 250 million ($300.5 million or roughly Rs. 2,226 crores) in back taxes to Luxembourg.
BRUSSELS: The EU aims to cut its dependency on Chinese and other foreign suppliers in six strategic areas including raw materials, pharmaceutical ingredients and semiconductors, under an industrial action plan to be announced next week.
A draft seen by Reuters outlined the urgency of the task ahead, citing Europe’s reliance on China for about half of 137 products used in sensitive ecosystems, mainly raw materials and pharmaceuticals and other products key to the bloc’s green and digital goals.
The updated industrial strategy plan, devised after the coronavirus disease (COVID-19) pandemic led to bottlenecks in supply chains, will be presented by Margrethe Vestager, EU digital chief, and EU industry chief Thierry Breton on May 5.
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