EU News

European Union Business News from EUbusiness.com

Europeans start to roam like at home — 27 September 2017, 23:17 CET

Europeans are aware of new EU mobile roaming rules and have started changing their habits when travelling abroad, a survey conducted after the first summer without the charges shows.

EU fines VW's Scania EUR 880m for trucks cartel — 28 September 2017, 18:01 CET

The EU Commission fined Scania EUR 880 million Wednesday for breaking EU antitrust rules by taking part in a truck pricing cartel and passing on new technologies costs to meet stricter emission rules.

Schengen border controls could be extended under new EU plan — 27 September 2017, 20:34 CET

The Commission proposed Wednesday that temporary internal border controls under the Schengen Borders Code could be extended in response to increased security and terrorist risks.

Commission supports EU states against substandard food — 27 September 2017, 18:27 CET

The EU Commission issued a set of guidelines Tuesday to help Member States determine whether a company is breaking EU laws when selling food products of dual quality in different countries.

Brussels looks to extend scope of EU rules on work contracts — 27 September 2017, 00:18 CET

The EU Commission is in talks with trades unions and employers' organisations on making rules on employment contracts fairer and more predictable for all types of workers.

Green light for European sustainable development fund — 26 September 2017, 18:04 CET

A European fund for sustainable development to support investments in African and neighbourhood countries will be set upo later this week, following Monday's agreement by the EU Council of Ministers.

Greece no longer in breach of EU budget deficit rules — 26 September 2017, 23:26 CET

The European Union closed its excessive deficit procedure for Greece Monday, confirming that the country's deficit is now below 3 per cent of GDP, the EU's reference value for government deficits.

EU and US sign bilateral insurance deal — 25 September 2017, 12:44 CET

After 20 years of discussion and a year of formal talks, the European Union and the US signed a landmark bilateral agreement on insurance and reinsurance Saturday.

Landmark EU-Canada trade deal enters into force — 25 September 2017, 16:29 CET

The Comprehensive Economic and Trade Agreement between the EU and Canada (CETA), which aims to boost goods and services trade and investment flows, entered into force provisionally Thursday.

Banks must inform clients of risks of foreign currency loans: EU Court — 21 September 2017, 22:42 CET

Banks lending in foreign currencies are under an obligation to provide sufficient information to enable a borrower to take prudent and well-informed decisions, the EU's top Court ruled Wednesday.

Digital economy must gear up for EU tax reform — 22 September 2017, 11:39 CET

The EU Commission launched its agenda to reform taxation of online business Thursday, paving the way for a legislative proposal on EU rules for taxation of profits in the digital economy.

EU to tighten supervision of financial sector after Brexit — 21 September 2017, 00:24 CET

The EU Commission proposed reforms Wednesday to tighten the EU's supervisory architecture for the financial sector, paving the way for further financial integration after Brexit.

EU targets end to data localisation — 21 September 2017, 00:25 CET

The EU Commission proposed a framework for the free flow of non-personal data Tuesday, highlighting the removal of data localisation restrictions as key to unlocking the potential of Europe's data economy.

Brussels to launch new cyber-security agency — 20 September 2017, 17:42 CET

The European Union proposed Tuesday a set of measures to step up its cybersecurity capacity, including a cyber-safety scheme and other tools to ensure Europe is better equipped to deal with cyber-attacks.

State aid: EU approves alternative RBS plan — 19 September 2017, 00:06 CET

The EU Commission approved Monday under EU State aid rules the alternative package proposed by UK authorities to replace the commitment for Royal Bank of Scotland to divest Williams & Glyn.

Innovation focus for EU's new industrial strategy — 19 September 2017, 20:41 CET

A 'smart, innovative and sustainable industry' is the goal of the EU's new industrial strategy, launched by the European Commission Monday in the wake of last week's 'state of the Union' address.

EU proposes screening of foreign investments — 14 September 2017, 23:25 CET

As part of its new trade package, the European Commission unveiled proposals Thursday to set up a European framework for screening foreign direct investment into the European Union.

EU Court rejects Ryanair claim to Irish law for crew — 14 September 2017, 22:51 CET

The European Court of Justice ruled against Ryanair Thursday in its battle to consider its cabin crew as Irish under Irish law in a case of air crew against Ryanair and its temporary staff agency Crewlink.

EU strengthens sanctions against North Korea — 14 September 2017, 18:05 CET

EU ministers strengthened restrictive measures against the Democratic People's Republic of Korea Thursday, and prolonged sanctions over actions against Ukraine's territorial integrity.

Brussels unveils its new 'progressive trade policy' — 14 September 2017, 17:45 CET

Following yesterday's State of the Union speech, the EU Commission unveiled Thursday a package of trade and investment proposals including to open talks for trade deals with Australia and New Zealand.

EU Court upholds Italian farmer use of GM crops — 14 September 2017, 18:06 CET

EU Member States cannot adopt emergency measures regarding genetically modified food and feed without evidence of a serious risk to health or the environment, the EU's top Court ruled on Wednesday.

Britain will regret leaving the European Union: Juncker — 13 September 2017, 17:58 CET

Britain's departure from the European Union in March 2019 would be "a very sad and tragic moment in our history", said EU Commission president Jean-Claude Juncker Wednesday, and they will regret it.

Gas-sharing move to secure EU gas supply — 13 September 2017, 18:00 CET

Any EU member state facing an urgent gas shortage will be able to trigger cross-border assistance from its neighbours under new cooperation rules approved by the European Parliament Tuesday.

'Free wifi for Europeans' plan gains MEPs backing — 12 September 2017, 17:29 CET

A financial scheme for local wireless access points in the EU, free of charge and offered without discrimination, is on its way, following a vote by the European Parliament Tuesday.

MEPs look to shrink Euro-Parliament after Brexit — 13 September 2017, 00:15 CET

The European Parliament should be reduced from 751 to 700 MEPs, an EP committee urged Monday, with 22 British seats being re-distributed among the remaining 27 EU countries.