logo
French TV regulator to rule on Eutelsat's potential sanctions breach 'very shortly'

French TV regulator to rule on Eutelsat's potential sanctions breach 'very shortly'

Reuters17-03-2025
March 17 (Reuters) - France's Arcom will rule on Eutelsat's (ETL.PA), opens new tab compliance with European sanctions against Russia soon, the broadcasting authority told Reuters, following requests from several NGOs that it should take action against the satellite provider.
"The process of investigating the cases reported to Arcom is nearing completion, and the authority's college is due to rule very shortly on the actions to be taken," it said in an emailed statement.
Eutelsat in 2022 stopped broadcasting three Russian TV channels after Arcom urged it to do so, but it still has contracts with Russian companies such as the army's broadcasting unit Zvezda (ZVEZ.MM), opens new tab and state media holding VGTRK.
According to Comité Diderot, a French non-governmental organization promoting the restoration of the free flow of information, without war propaganda, between Europe and Russia, those contracts do not comply with EU sanctions.
The contracts represent about 4% of Eutelsat's revenue, a company spokesperson said.
Contacted by Reuters, Eutelsat said that it respects regulators' decisions on international sanctions.
Arcom may issue a fine of up to 3% of a company's annual sales excluding tax, depending on the seriousness of the breach. If the same obligation is breached again, the threshold is raised to 5%, according to the French Superior Audiovisual Council's website.
Eutelsat reported 1.21 billion euros ($1.32 billion) in revenue in 2023-2024.
An article of the SREN law on digital security published in May 2024 gave Arcom the authority to ensure compliance with EU sanctions by French companies.
Arcom should have ordered all operators to stop broadcasting Kremlin war propaganda since this law was adopted, Paris-based Reporters Without Borders said in an emailed statement.
French national assembly on Wednesday, while discussing the European Resolution for an increased support to Ukraine, adopted an amendment calling for Arcom to compel Eutelsat to respect the sanctions.
($1 = 0.9173 euros)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India's Gland Pharma posts quarterly profit rise on Cenexi recovery, Europe sales growth
India's Gland Pharma posts quarterly profit rise on Cenexi recovery, Europe sales growth

Reuters

time2 minutes ago

  • Reuters

India's Gland Pharma posts quarterly profit rise on Cenexi recovery, Europe sales growth

Aug 5 (Reuters) - India's Gland Pharma ( opens new tab reported a nearly 50% jump in first-quarter profit on Tuesday, driven by better margins and a recovery at its European unit Cenexi. The company reported a consolidated net profit of 2.15 billion rupees ($24.50 million) for the quarter ended June 30, from 1.44 billion rupees in the year-ago quarter. Revenue from operations rose 7.4% to 15.06 billion rupees. While sales from its U.S. business, which accounts for nearly half of the total, fell 2%, its Europe business posted a 29% rise. For further results highlights, click KEY CONTEXT Gland and several Indian pharma companies that make generic drugs derive a significant share of revenue from the United States and has continued to face pricing pressure in that market following U.S. President Donald Trump's imposition of hefty tariffs on goods imported from India. Rivals Sun Pharma ( opens new tab and Cipla ( opens new tab and Dr Reddy's ( opens new tab reported subdued U.S. sales in the quarter. However, Gland Pharma said improved margins and Cenexi's earnings before interest, taxes, depreciation, and amortisation (EBITDA) break-even supported quarterly performance, marking a turnaround after production setbacks at its Paris and Belgium units weighed on earnings over the past year. The company's EBITDA margin rose to 35% in the June quarter from 29% a year earlier. PEER COMPARISON * Mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell ** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT APRIL TO JUNE STOCK PERFORMANCE -- All data from LSEG -- $1 = 87.7570 Indian rupeesthe

Russia says it will no longer abide by self-imposed missile moratorium
Russia says it will no longer abide by self-imposed missile moratorium

Leader Live

time2 minutes ago

  • Leader Live

Russia says it will no longer abide by self-imposed missile moratorium

It is a warning that potentially sets the stage for a new arms race as tensions between Moscow and Washington rise again over Ukraine. In a statement on Monday, the Russian Foreign Ministry linked the decision to efforts by the US and its allies to develop intermediate-range weapons and preparations for their deployment in Europe and other parts of the world. It specifically cited US plans to deploy Typhoon and Dark Eagle missiles in Germany starting next year. The ministry noted that such actions by the US and its allies create 'destabilising missile potentials' near Russia, creating a 'direct threat to the security of our country' and carry 'significant harmful consequences for regional and global stability, including a dangerous escalation of tensions between nuclear powers'. It did not say what specific moves the Kremlin might take, but President Vladimir Putin has previously announced that Moscow was planning to deploy its new Oreshnik missiles on the territory of its neighbour and ally Belarus later this year. 'Decisions on specific parameters of response measures will be made by the leadership of the Russian Federation based on an interdepartmental analysis of the scale of deployment of American and other Western land-based intermediate-range missiles, as well as the development of the overall situation in the area of international security and strategic stability,' the Foreign Ministry said. The Russian statement follows US President Donald Trump's announcement on Friday that he is ordering the repositioning of two US nuclear submarines 'based on the highly provocative statements' of Dmitry Medvedev, who was president in 2008-12 to allow Mr Putin, bound by term limits, to later return to the office. Mr Trump's statement came as his deadline for the Kremlin to reach a peace deal in Ukraine approaches later this week. Mr Trump said he was alarmed by Mr Medvedev's attitude. Mr Medvedev, who serves as deputy chairman of Russia's Security Council chaired by Mr Putin, has apparently sought to curry favour with his mentor by making provocative statements and frequently lobbing nuclear threats. Last week he responded to Mr Trump's deadline for Russia to accept a peace deal in Ukraine or face sanctions by warning him against 'playing the ultimatum game with Russia' and declaring that 'each new ultimatum is a threat and a step toward war'. Mr Medvedev also commented on the Foreign Ministry's statement, describing Moscow's withdrawal from the moratorium as 'the result of Nato countries' anti-Russian policy'. 'This is a new reality all our opponents will have to reckon with,' he wrote on X. 'Expect further steps.' Intermediate-range missiles can fly between 500 to 5,500 kilometres (310 to 3,400 miles). Such land-based weapons were banned under the 1987 Intermediate-range Nuclear Forces (INF) Treaty. Washington and Moscow abandoned the pact in 2019, accusing each other of violations, but Moscow declared its self-imposed moratorium on their deployment until the US makes such a move. The collapse of the INF Treaty has stoked fears of a replay of a Cold War-era European missile crisis, when the US and the Soviet Union both deployed intermediate-range missiles on the continent in the 1980s. Such weapons are seen as particularly destabilising because they take less time to reach targets, compared with intercontinental ballistic missiles, leaving no time for decision-makers and raising the likelihood of a global nuclear conflict over a false launch warning. Russia's missile forces chief has declared that the new Oreshnik intermediate-range missile, which Russia first used against Ukraine in November, has a range to reach all of Europe. Oreshnik can carry conventional or nuclear warheads. Mr Putin has praised the Oreshnik's capabilities, saying its multiple warheads that plunge to a target at speeds up to Mach 10 are immune to being intercepted and are so powerful that the use of several of them in one conventional strike could be as devastating as a nuclear attack. Mr Putin has warned the West that Moscow could use it against Ukraine's Nato allies who allowed Kyiv to use their longer-range missiles to strike inside Russia.

Russians suffer '1,000 casualties' as Ukraine troops attack behind enemy lines
Russians suffer '1,000 casualties' as Ukraine troops attack behind enemy lines

Daily Mirror

time3 minutes ago

  • Daily Mirror

Russians suffer '1,000 casualties' as Ukraine troops attack behind enemy lines

Kyiv's elite commandos took almost 1,000 Kremlin troops out of the battle for north east Ukraine - as Russia launches arms race by threatening to deploy intermediate range missiles Ukrainian special forces have claimed almost 1,000 Russian casualties in a single stunning 'behind enemy lines' attack on the frontline. Special operations troops from Kyiv's elite 'Timur Special Unit' assaulted a large formation of Russian infantry from behind in the Sumy area, north east Ukraine. ‌ Intelligence estimates claim at least 334 advancing Kremlin forces were killed and more than 550 wounded in the daring ground and air-strike. The assault was launched as it was feared Moscow war-planners are gearing up for major air-strikes and ground - assaults against Ukraine within days. It struck terror into the Russian positions forcing surviving Kremlin troops to refuse to advance for an attack and cutting off food and ammunition supplies. ‌ ‌ On Tuesday it emerged that as Ukraine's elite troops advanced for the Sumy operation another unit launched a devastating wave of drones and artillery attacks on the Russians, forcing them to take cover. The success of the Sumy operation happened as Russia declared that it will no longer be limited to excluding the firing of nuclear-capable intermediate range missiles from its arsenal. And it It comes days after Russian leader Vladimir Putin warned of nuclear war following another night of hell unleashed on Ukraine. The Russian Foreign Ministry linked the decision to efforts by the U.S. and its allies to develop intermediate range weapons for their deployment in Europe. It cited U.S. plans to deploy Typhoon and Dark Eagle missiles in Germany starting next year. ‌ The ministry noted that such actions by the U.S. and its allies create "destabilizing missile potentials" near Russia, creating a "direct threat to the security of our country." President Vladimir Putin will deploy Russia's new Oreshnik missiles to its neighbor and ally Belarus later this year. Asked where and when Russia could potentially deploy intermediate-range weapons, Kremlin spokesman Dmitry Peskov said: "Russia no longer has any limitations, Russia no longer considers itself to be constrained by anything.' Ukraine has hit back against brutal Moscow strikes with devastating drone attacks inside Russia, setting ablaze an oil refinery complex and hitting airfields, destroying Russian warplanes . ‌ In recent weeks devastating combined missile and drone attacks overnight have hit Ukrainian cities, including the capital of Kyiv. But sources have revealed Moscow may be planning a major air-strike onslaught on Ukraine later this week in defiance towards pressure from the US to begin peace talks. The Ukrainian Ministry of Defence said on Tuesday morning: 'Fighters of the 'Timur Special Unit' of the Ministry of Defence of Ukraine did not allow Russian forces to advance in the Sumy direction. 'During the special operation, the intelligence officers managed to enter the enemy's rear, clear out enemy positions, and secure them.' ‌ Ukrainian counter-intelligence officers have also launched a massive swoop on Russian spies and saboteurs within the country. Ukraine's Security Service arrested six suspects in Kyiv, Dnipropetrovisk, Vinnytsia and Zakarpattia regions who had planned arson attacks on behalf of Russian intelligence. Another man was seized after he colluded with the Russian FSB agency to spy on Kyiv's air defence systems. He had installed a camera in an apartment so that he could feed footage back to Moscow of the workings of an air defence system. So far Ukraine claims 1058260 Russian casualties have been put out of the war in terms of killed and injured since the Russian invasion on February 24 , 2022. Its intelligence agency estimates believe Kyiv's troops have destroyed 11071 tanks, 23,000 armoured vehicles, 421 warplanes, 340 helicopters and 28 warships.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store