Word: spain
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Dates: during 2000-2009
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...Manufacturers and unions alike are howling for protection. Adrià Serra, president of Spain's textile trade group Consejo Intertextil Espa?ol, says unless urgent action is taken, the import flood will spell "a disaster." Mario Maselli, owner of Emmetex, a textile producer in the Italian town of Prato, complains that "this is ever more a market where one side battles with two hands and the other has one hand tied behind its back...
...Certainly, there's a lot to lose. The E.U. is the largest world market for clothing and textiles. But it's also a huge exporter: its 170,000 textile and clothing firms have annual revenues of more than ?200 billion and employ 2.6 million people. In France, Italy, Spain and especially the E.U.'s newest members in Central and Eastern Europe, the sector is a critical part of the economy. In Lithuania, for example, it accounts for as much as 8% of gross domestic product. "The authorities must either take whatever steps are appropriate to persuade the Chinese to limit...
...wort is good for rheumatism and chamomile cures insomnia because Grandma said it was just so. But scientific evidence is emerging that Asia's favorite leafy tonic, green tea, may in fact be everything Granny said it was. A joint research team from the University of Murcia in Spain and the John Innes Centre in England has found that green tea is loaded with a compound, epigallocatechin gallate (EGCG), that has demonstrable cancer-fighting properties...
...That's a major reversal for the Chancellor, who's spent the past year accusing new E.U. members from Central and Eastern Europe, where low corporate rates are the rule, of "tax dumping." The cut will make Germany's effective tax rate lower than those of France, Italy and Spain, but still higher than rates in most of the 10 new E.U. countries. And it seems likely to happen: Angela Merkel, leader of the opposition Christian Democratic Union (cdu), said her party would support the reduction as long as it involved no new borrowing. Business leaders were pleased, with...
...alike for everything going wrong," Rozès explains. "Most people are basing how they'll vote on anything but the constitution itself." That's grim news for the yes side, which includes almost every major figure on both the right and left of France's political mainstream. After Spain approved the constitution last month, the vote by traditionally pro-Europe France was intended to keep up the momentum before a Dutch referendum in June that's expected to be close. If the constitution - which establishes voting rights and procedures among nations, and creates an E.U. president and foreign minister...