EU News

European Union Business News from EUbusiness.com

EU looks to rekindle transatlantic alliance under Biden — 02 December 2020, 21:42 CET

Following the Trump years of bilateral tensions and unilateral tendencies, the EU put forward a strategy Wednesday to strengthen ties with the United States after US President-elect Joe Biden's victory.

MEPs give approval for drinking water upgrade — 02 December 2020, 21:42 CET

New rules on drinking water, approved Tuesday by an EU Parliament committee, will improve the quality of tap water, cut plastic litter, and ensure that all surface and ground waters are in good condition by 2027.

EU prepares for end of LIBOR financial benchmark — 02 December 2020, 22:06 CET

The European Parliament and EU Council reached provisional agreement Tuesday on key amendments to EU rules on financial benchmarks, in preparation for the end of LIBOR on December 31 2021.

Greenhouse gas emissions in EU fall to lowest level in three decades — 01 December 2020, 23:29 CET

Greenhouse gas emissions in the EU-27 decreased by 3.7 per cent in 2019 year-on-year, as GDP grew by 1.5%, the EU Commission said in a report Monday, as emissions reduced by 24% compared to 1990 levels.

Brussels signals overhaul of EU intellectual property system — 01 December 2020, 22:23 CET

The EU Commission published an action pan on Intellectual Property Wednesday, to help smaller firms in particular make the most of their inventions and creations and ensure Europe benefits fully from them.

EU gender equality plan puts women's rights at heart of global recovery — 26 November 2020, 17:21 CET

The EU executive and its foreign affairs arm put forward ambitious plans Wednesday to promote gender equality and women's empowerment through all external action of the European Union.

New EU pharma strategy to make medicines affordable — 26 November 2020, 17:21 CET

A new pharmaceutical strategy, adopted Wednesday by the EU Commission, offers patients access to affordable medicines and supports competitiveness and innovation in Europe's pharma industry.

Brussels outlines plan for inclusion of migrants — 25 November 2020, 16:50 CET

A new plan on Integration and Inclusion for 2021-2027, unveiled by the EU Commission Tuesday, addresses barriers that hinder participation and inclusion of people with a migrant background in European society.

EU Parliament green light for consumers to defend their rights collectively — 25 November 2020, 16:50 CET

Groups of consumers will be able to join forces and launch collective action in the EU, following the final green light from MEPs Tuesday to EU-wide rules for the protection of collective interest of consumers.

Air pollution better in Europe, but deaths still too high — 24 November 2020, 23:40 CET

Almost all Europeans still suffer from air pollution, leading to about 400,000 premature deaths across the continent, according to a report on air quality published Monday by the European Environment Agency.

G20 leaders agree to make Covid vaccines available and affordable for all — 24 November 2020, 00:00 CET

At the weekend summit of the G20 countries, leaders expressed a commitment to coordinated global action to fight the COVID-19 pandemic, and support for the most vulnerable and fragile countries.

EU leaders to step up pandemic coordination — 20 November 2020, 16:45 CET

EU leaders agreed Thursday to strengthen coordination on combating the COVID-19 pandemic, with a focus on mutual recognition of tests, vaccine deployment and a common approach to lifting restrictive measures.

EU Court rules against French ban on marketing CBD — 19 November 2020, 18:08 CET

The European Court of Justice ruled Thursday against France's ban on the marketing of wholly hemp-derived cannabidiol (CBD), when it has been lawfully produced in another EU Member State.

EU plans ambitious increase in offshore wind capacity — 23 November 2020, 23:56 CET

EU plans for a fivefold increase in Europe's offshore wind capacity by 2030, were outlined Thursday by the Commission in a new strategy for renewables, including ocean energy and emerging technologies.

Brussels urges speedy action to boost post-COVID recovery — 19 November 2020, 17:27 CET

The EU Commission issued its autumn economic package Wednesday, aiming to steer EU economies into calmer waters after the COVID pandemic with policy guidance for Europe's collective recovery.

EU states receive EUR 14 bn pandemic help — 19 November 2020, 17:27 CET

As the second COVID wave hits Europe hard, the EU Commission Tuesday disbursed some EUR 14 billion to nine EU countries in the second instalment of loans to help finance short-time work schemes.

EU launches new complaints system to fight trade barriers — 17 November 2020, 18:50 CET

The Commission has launched a new complaints system for reporting market access barriers and breaches of Trade and Sustainable Development commitments in the EU's trade agreements.

EUR 280m EU funding for environment and climate action projects — 18 November 2020, 23:47 CET

The EU Commission approved Monday EU funding of EUR 280 million for over 120 new environment, nature, and climate action projects, expected to trigger total investments of nearly EUR 590 million.

Commission outlines consumer strategy for next 5 years — 16 November 2020, 21:56 CET

The 'Consumer Agenda', published by the EU Commission Friday, sets out its consumer policy objectives for the next five years, and will serve as guidance to include consumer interests in all policy areas.

Brussels outlines EU's first-ever LGBTIQ strategy — 15 November 2020, 17:01 CET

The Commission presented Thursday an EU Strategy for lesbian, gay, bisexual, trans, non-binary, intersex and queer (LGBTIQ) equality, aimed at combating homophobia and transphobia within the Union.

EU approves BioNTech -Pfizer contract for access to vaccine — 12 November 2020, 17:01 CET

The Commission approved a fourth contract with pharmaceutical companies BioNTech and Pfizer Wednesday, providing for an initial purchase of 200 million doses on behalf of all EU Member States.

EU agrees deal on long-term budget for post-COVID recovery — 12 November 2020, 17:01 CET

The EU Parliament and Member States agreed Tuesday on Europe's long-term budget and extra funding to rebuild a post-COVID-19 Europe centred on jobs, competitiveness, and better climate protection.

Auditors pass 2019 EU accounts, but 'too many spending errors' — 10 November 2020, 18:30 CET

EU auditors signed off the EU's 2019 accounts as 'true and fair' Tuesday, but their annual report concluded that payments had too many errors, and they also issued an adverse opinion on expenditure.

Amazon charged with breaching EU antitrust rules — 11 November 2020, 23:46 CET

The European Commission informed Amazon Tuesday of its preliminary view that the American e-commerce giant has breached EU antitrust rules by distorting competition in online retail markets.

EU sets human rights controls on 'dual use' exports — 10 November 2020, 18:34 CET

The EU institutions agreed Monday new criteria for exporting 'dual use' products and technologies, including cyber-surveillance tools, that can be repurposed in ways which violate human rights.