The compromise of this information or material would be likely to: affect diplomatic relations adversely; cause substantial distress to individuals; make it more difficult to maintain the operational effectiveness or security of UK or allied forces; cause financial loss or loss of earning potential to or facilitate improper gain or advantage for individuals or companies to prejudice the investigation or facilitate the commission of crime; breach proper undertakings to maintain the confidence of information provided by third parties; impede the effective development or operation of government policies; breach statutory restrictions on disclosure of information; disadvantage government in commercial or policy negotiations with others; undermine the proper management of the public sector and its operations.

The formerly proposed Article 54, which limited the maximum ownership share in a newspaper publisher company or a broadcast company to one-third or even less (20%), was taken out of this proposal for the purpose of facilitating the flow of capital within the media sector. Instead the proposal of the Ministry of Culture was that any natural or legal person could have an unlimited ownership share in a media company, or even be a majority or single owner.

"business aviation" shall mean that sector of general aviation which concerns the operation or use of aircraft by companies for the carriage of passengers or goods as an aid to the conduct of their business, where the aircraft are flown for purposes generally considered not for public hire and are piloted by individuals having, at a minimum, a valid commercial pilot license with an instrument rating;

in this context of financial stringency, certain efforts have been made to pay off public debt, increase tax and customs income, audit public-sector companies and reduce expenditure.

The public sector in Greenland is very dominant in the global range of industries because of the many publicly owned companies and because of the special geographical and economic conditions in Greenland where the public sector handles a number of subsidies and aids.

For investments financed by the EIB from its own resources in public sector companies, specific project-related guarantees or undertakings may be required from the OCT concerned.

This rate was established by reference to the profit margin publicly available for a number of European companies in the specialty chemical sector, as defined in a report by an independent party.

Public sector employment, calculated as being the number of civilian employees in central government, the local authorities, the public enterprises, the public entities and the Industrial Reconstruction Organization (IRO), and amounting to 525 000 employees at the end of 1990 will be reduced by 10 % by the end of 1993. This reduction will be achieved through a restrictive recruitment policy and will include the reduction in employment achieved through the privatization of the IRO companies and the public enterprises.

In those situations where a State- owned company merges with or acquires control of another company controlled by the same State fn, the question arises as to whether these transactions really constitute concentrations within the meaning of Article 3 of the Merger Regulation or rather internal restructuring operations of the 'public sector group of companies` fn.

Subject to the provisions of Article 48 of this Agreement, the Parties shall permit for the sectors list in Annex 5 to this Agreement the temporary movement of natural persons, who are representatives of a Community or a Russian company and are seeking temporary entry for the purpose of negotiating for the sales of cross-border services or entering into agreements to sell cross-border services for that company, where those representatives will not be engaged in making direct sales to the general public or in supplying services themselves.

Public sector companies and government:

Wider possibilities of re-using public sector information should inter alia allow European companies to exploit its potential and contribute to economic growth and job creation.

For investments financed by the Bank from its own resources in public sector companies, specific project-related guarantees or undertakings may be required from the ACP State concerned.

See communication of the Commission to the Member States concerning public authorities' holdings in company capital (EC Bulletin 9-1984) and communiction of the Commission on the application of Articles 92 and 93 of the EC Treaty to public undertakings in the manufacturing sector (OJ C 307, 13.11.1993, p. 3).

In those situations where a State-owned company merges with or acquires control of another company controlled by the same State (21), the question arises as to whether these transactions really constitute concentrations within the meaning of Article 3 of the Merger Regulation or rather internal restructuring operations of the 'public sector group of companies` (22).

"business aviation" shall mean that sector of general aviation which concerns the operation or use of aircraft by companies for the carriage of passengers or goods as an aid to the conduct of their business, where the aircraft are flown for purposes generally considered not for public hire and are piloted by individuals having, at a minimum, a valid commercial pilot license with an instrument rating;

Since the objectives of the proposed action, namely to facilitate the creation of Community-wide information products and services based on public sector documents, to enhance an effective cross-border use of public sector documents by private companies for added-value information products and services and to limit distortions of competition on the Community market, cannot be sufficiently achieved by the Member States and can therefore, in view of the intrinsic Community scope and impact of the said action, be better achieved at Community level, the Community may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty.