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European Union Business News from EUbusiness.com
- One in four Europeans over 15 is a smoker — 07 December 2016, 23:50 CET
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Nearly 1 in every 4 persons aged 15 or over in the EU was a current smoker in 2014, according to figures published Wednesday by Eurostat, the EU's the statistical office.
- HSBC, JP Morgan, Crédit Agricole fined EUR 485m for rate rigging — 07 December 2016, 23:04 CET
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Crédit Agricole, HSBC and JPMorgan Chase were fined a total of EUR 485m by the EU Commission Wednesday for their participation in the Euribor cartel in euro interest rate derivatives.
- Reprieve for EU nature protection laws — 08 December 2016, 00:03 CET
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The EU ended uncertainty over the future of its flagship nature laws - the Birds and Habitats Directives - Wednesday by confirming these would be saved, and neither rewritten nor weakened.
- Social media sites slow to act on hate speech — 07 December 2016, 12:41 CET
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U.S. social media such as Facebook and Twitter are taking too long to act on hate speech, the EU said Tuesday as it published an evaluation of a code of conduct signed in May.
- EU set for new chapter in relations with Cuba — 07 December 2016, 12:36 CET
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The European Union agreed Tuesday to sign a Political Dialogue and Cooperation Agreement between the EU and Cuba, representing a turning point in Cuba-EU relations.
- EU clears Microsoft buy of LinkedIn — 06 December 2016, 23:29 CET
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The EU Commission approved the acquisition of LinkedIn by Microsoft Tuesday, subject to conditions aimed at preserving competition between professional social networks in Europe.
- Brexit talks could be over by October 2018 — 06 December 2016, 13:57 CET
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Negotiations with the United kingdom over withdrawal from the European Union could be over in 18 months, the EU's chief Brexit negotiator Michel Barnier said on Tuesday.
- New counter-terrorism law backed by MEPs — 05 December 2016, 22:51 CET
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Travelling abroad for terrorist purposes, inciting terrorism and financing terrorist activities will be made a crime following a vote in the European Parliament on Monday.
- EU reels from Italy vote as Renzi resigns — 05 December 2016, 13:19 CET
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Italy was left facing economic and political uncertainty Monday as prime minister Matteo Renzi resigned after voters rejected his plans to reform the constitution.
- Commission, Germany agree road toll compromise — 01 December 2016, 23:28 CET
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The European Commission and Germany finally reached agreement Thursday on a solution to end a long-running legal dispute over the planned introduction of a road charge for passenger cars in Germany.
- Simpler VAT rules to boost European e-commerce — 01 December 2016, 17:42 CET
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New rules covering the VAT environment for e-commerce businesses in the EU, unveiled Thursday by the European Commission, aim to help businesses buy and sell goods and services more easily online.
- Euro-MPs greenlight EU-US data protection agreement — 01 December 2016, 15:16 CET
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The European Parliament gave the green light Thursday to the EU-US 'Umbrella Agreement' on the protection of personal data exchanged across the Atlantic for the purposes of law enforcement.
- EU plans EUR 5 billion defence fund — 01 December 2016, 00:53 CET
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The EU Commission set out proposals Wednesday to strengthen Member States' joint defence capabilities, defence spending efficiency and a EUR 5 bn European Defence Fund.
- Winter package to reform EU's energy system — 01 December 2016, 17:44 CET
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The European Commission outlined Wednesday an extensive set of reforms to the EU's energy system, with a view to maintaining competitivity in a global transition to clean energy.
- MEPs back cross-border portability for films — 01 December 2016, 11:49 CET
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MEPs gave their backing Tuesday to cross-border portability of online music, games, films and sporting events, allowing travellers to enjoy subscriber content while abroad in another EU Member State.
- Roaming: MEPs vote to cap network wholesale prices — 30 November 2016, 13:46 CET
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The end to mobile roaming charges came a step closer Tuesday when Members of the European Parliament voted to cap the wholesale prices telecoms operators charge each other for using their networks.
- Brussels refocuses investment plan following evaluation — 29 November 2016, 23:58 CET
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The EU Commission is to extend its European Fund for Strategic Investments (EFSI), the core of its flagship Investment Plan for Europe, following evaluation reports published Tuesday.
- CAP returns EUR 435m to European farmers — 29 November 2016, 23:16 CET
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European farmers eligible for direct payments are as from 1 December set to receive an additional EUR 435 million from the EU's Common Agricultural Policy budget amounting to unused crisis reserve.
- WTO rules in EU's favour over U.S. support for Boeing — 30 November 2016, 00:00 CET
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The EU won a major victory Monday in its battle over United States support for production of the Boeing 777X, as the WTO ruled the aid breached international trade rules.
- EU agrees end to geo-blocking barriers to e-commerce — 28 November 2016, 23:29 CET
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EU ministers agreed Monday to ban barriers to e-commerce known as 'geo-blocking' which prevent online customers from buying products or services from a website based in another Member State.
- EU pledges support to Ukraine at summit — 24 November 2016, 22:48 CET
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EU leaders gave Ukraine's president Petro Poroshenko full support at a summit Thursday at which they cemented a deal on visa-free travel and praised the country's reform effort.
- Euro-MPs urge bolder action to end illegal wildlife trade — 24 November 2016, 20:28 CET
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The European Parliament called Thursday for a full and immediate EU-wide ban on ivory and rhinoceros horn trade, and common sanctions at EU level against wildlife trafficking.
- EU Parliament calls for freeze on Turkey membership talks — 24 November 2016, 18:40 CET
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The European Parliament called Thursday for a temporary freeze on EU accession talks with Turkey until "disproportionate repressive measures" under the country's state of emergency are lifted.
- Public has a right to information on pesticide dangers, rules EU Court — 24 November 2016, 20:27 CET
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Safety tests conducted by the chemical industry and used by regulators to assess the dangers of pesticides must be disclosed, the EU's top court ruled on Wednesday.
- Boost to start-ups in Europe — 24 November 2016, 00:50 CET
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The EU Commission has launched a new initiative to help start-ups grow and do business across Europe, with a focus on venture capital investment, insolvency law and taxation.