EU News

European Union Business News from EUbusiness.com

EU tax package seeks to crack down on tax fraud — 16 July 2020, 18:25 CET

A new Tax Package unveiled by the EU Commission Wednesday looks to intensify the fight against tax abuse and curb unfair tax competition in order to boost Europe's economic recovery and long-term growth.

EU Court annuls decision on Apple's tax payback — 16 July 2020, 18:25 CET

The EU's General Court annulled Wednesday a 2016 Commission decision to make Apple pay Ireland some EUR 13 billion in back taxes in compensation for what Brussels said had been illegal state aid.

Germany home to 19% of Europe's fastest-growing companies: study — 15 July 2020, 00:00 CET

Germany has the most fast-growing companies in Europe, with a total of 191 companies, followed by Italy (190) and the UK (173), a study of the fastest-growing companies in Europe and the US found Tuesday.

Restrict aid to companies with links to tax havens, says Brussels — 15 July 2020, 18:02 CET

The European Commission recommended Tuesday that EU Member States do not grant financial support to companies with links to countries that are on the EU's list of non-cooperative tax jurisdictions.

MEPs give green light to major road transport reform — 14 July 2020, 17:43 CET

The European Parliament agreed major reform of the road transport Thursday, when MEPs backed revised rules to improve driver working conditions and stop distortion of competition in road transport.

Dieselgate: VW can be sued in EU states where cars sold — 10 July 2020, 00:20 CET

German car manufacturer Volkswagen could be sued for damages in the courts of EU member states' where their cars are resold with manipulated car emissions data, the EU's top court ruled Thursday.

EU hydrogen strategy to bolster green recovery — 05 December 2022, 16:48 CET

The European Commission unveiled EU strategies for energy system integration and hydrogen Wednesday, saying they will pave the way towards a more efficient and interconnected energy sector.

Toys continue to top EU list of dangerous products — 09 July 2020, 00:07 CET

The EU's latest report on its alert system to prevent the selling of dangerous products, published Tuesday, flagged up a record number of dangerous products in 2019, with toys and cars heading the list.

Lockdown to provoke "deep recession" in EU this year — 09 July 2020, 00:06 CET

Europe's economy will experience a deep recession this year due to the coronavirus pandemic, according to the European Union's summer economic forecast, published Tuesday by the EU Commission.

EUR 1bn fund for innovative clean technology projects: 1st call — 07 July 2020, 17:55 CET

The European Commission launched Friday the first call for proposals under the EU Innovation Fund, one of the world's largest programmes for the demonstration of innovative low-carbon technologies.

56,000 persons surrendered on European arrest warrant since 2005 — 02 July 2020, 23:44 CET

Since 2005, 185,575 European Arrest Warrants were issued and 56,298 executed, according to a report Thursday assessing the transposition of the European arrest warrant in 27 Member States and the UK.

Post-Covid recovery the focus for Germany's EU presidency — 03 July 2020, 17:30 CET

Germany took over the presidency of the EU Council from Wednesday 1 July, with key priorities being climate action, digital sovereignty and Europe’s role in the world, alongside post-Covid-19 recovery.

Brussels presents new employment agenda — 08 July 2020, 00:05 CET

The European Commission outlined a package Wednesday to give improve opportunities for young people in a post-Covid Europe to develop their potential and thrive in green and digital transitions.

EU extends current CAP rules until end 2022 — 01 July 2020, 00:20 CET

EU farm ministers reached provisional agreement with the European Parliament Wednesday on continuing farming support under the current legal framework until the new CAP enters into force end 2022.

EU rules on small antennas pave way for 5G network — 02 July 2020, 00:14 CET

The EU Commission adopted an implementing regulation on small-area wireless access points Wednesday - crucial for the deployment and increased coverage of high-capacity, high-speed 5G networks.

EU reach provisional agreement on consumer class actions — 30 June 2020, 17:54 CET

New rules on collective redress, agreed Wednesday by EU states, will enable consumers to seek effective judicial protection collectively when traders’ infringements of EU laws deprive them of their rights.

EU states likely to miss 2030 clean air targets — 30 June 2020, 23:58 CET

Most EU Member States are at risk of not complying with their 2020 or 2030 emission reduction commitments, a first Commission report on implementation of the European clean air rules has found.

GDPR 2-year review: progress across EU, but more needed — 30 June 2020, 17:51 CET

Two years on, the General Data Protection Regulation has met most of its objectives, with a set of enforceable rights and a new European system of governance and enforcement, says a report out Wednesday.

Banking rules revised to help COVID recovery — 25 June 2020, 00:24 CET

The EU agreed to temporarily adapt its banking rules Wednesday in order to maximise the capacity of banks to lend money and support households and businesses to recover from the COVID-19 crisis.

Brexit brings no benefits, no-deal will hit manufacturing hard: report — 30 June 2020, 00:04 CET

An EU-UK no-trade deal would have a big negative effect on British manufacturing, says a report Wednesday, particularly on volume car production, as it tries to recover from the slump caused by Covid-19.

Pandemic recovery the focus for EU's innovation performance — 24 June 2020, 11:08 CET

Europe's innovation performance continues to improve, surpassing the United States, an EU report said Tuesday, with the focus of research activities being on overcoming the coronavirus pandemic.

Importance of China to EU's COVID recovery underlined at summit — 24 June 2020, 17:53 CET

The importance of the EU's trading relationship with China for recovery from COVID-19 was underlined at a video conference summit Tuesday but Hong Kong and human rights was high on the agenda.

EU signs aviation agreement with Japan — 23 June 2020, 23:59 CET

The EU and Japan signed an agreement on civil aviation safety Monday, with the aim of boosting EU cooperation with Japan and reinforcing the competitiveness of the EU's aviation industry.

Social media platforms improve action against hate speech — 24 June 2020, 00:22 CET

Social media platforms such as Facebook and Twitter have improved action on countering illegal hate speech online, says a Commission report, but better transparency and user feedback is still needed.

MEPs display unwavering support for EU position in Brexit talks — 18 June 2020, 23:44 CET

With little time left to agree the UK's future relationship with the EU, MEPs on Thursday said a deal on a level playing field and on fisheries would be needed if the European Parliament is to give its consent.