The majority shareholder of Domo might be listed in Bucharest
The majority shareholder of Domo might be listed in Bucharest
BMedia - Banking and Finance Bulletin/Provider: BMedia Communications BMD December 17, 2007
The investment fund Equest Investments Balkans plans to launch a public offer in Sofia or Bucharest, in order to list its subsidiary Lynx Property, which controls 75% of the Romanian company Domo. EIB has nominated ING and Raiffeisen Centrobank to realize the public offer.
Publication: New Europe Provider: News Corporation S.A. Date: December 17, 2007
Plans to ease Adriatic fishing enforcement anger neighbours Croatia is likely to ease a planned enforcement of a protected fishing zone in the Adriatic in January, which has angered neighbours, Croatian President Stjepan Mesic said on December 11, Javno reported. *We want to join the European Union and it is difficult to imagine that the (zone) will be enforced in its current form,* Mesic, who visited Brussels last week, told state radio.The plan is opposed by EU members Italy and Slovenia. *I expect a compromise, a temporary solution until we join the EU. It is now important that experts agree on how to protect the Adriatic and regulate fishing quotas,* Mesic was quoted as saying. The European Commission warned Croatia recently against enforcing the zone, approved by Croatia*s Parliament, saying this would breach an earlier accord with Slovenia and Italy and harm Zagreb*s bid to join the bloc.*I expect all sides will sit at a table soon and reach a functional solution, which will satisfy all three countries and the fishermen,* Mesic said. However, despite earlier warnings from the EU, Croatian fishermen on December 7 insisted that the country proceed with the controversial fishing zone in the Adriatic Sea.The zone, which will cover 57,000 square kilometres, will protect stock in the sea, which Croatian fishermen say is being depleted by Italy*s larger fishing fleet, Southeast European Times reported on December 11.A law passed by the Croatian Parliament years ago that establishes a protected fishery and ecological zone in the Adriatic Sea is expected to be implemented on January 1, 2008. EU foreign ministers meeting in Brussels this week reiterated their concerns about the agreement.Last week, EU Enlargement Commissioner Olli Rehn reminded Croatian leaders that the agreement was a condition for granting Croatia candidate status. He called the dispute *a very serious issue that would have negative ramifications on the EU accession negotiations* if not resolved.Although the law has been postponed numerous times since its 2004 passage, it will now be automatically implemented because the new parliament * which has yet to be formed * will not be in session by the implementation date. No political body has authority to step in and halt implementation of the law.
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