EU News

European Union Business News from EUbusiness.com

Capacity mechanisms show 'significant shortcomings' in efforts to secure energy supplies — 13 April 2016, 23:31 CET

Capacity mechanisms have a role in increasing security of electricity supply but many EU Member States must be more thorough assessing need and design to ensure they are targeted and cost-effective.

MEPs back restrictions on glyphosate herbicide — 14 April 2016, 17:30 CET

Members of the European Parliament called Wednesday for a ban on all uses of glyphosate-based herbicides in private and public green areas, including spraying in and around public parks, playgrounds and gardens.

Eurozone industrial production down 0.8 pct — 14 April 2016, 23:07 CET

In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.8% in the euro area and by 0.7% in the EU28, according to estimates from Eurostat, the EU's statistical office.

Visa reciprocity with US, Canada & Brunei: EU mulls next move — 14 April 2016, 22:31 CET

With the U.S., Canada and Brunei continuing to apply visa requirements for citizens of some EU Member States, the European Commission has assessed the legal, political and economic consequences of a possible temporary suspension of the visa waiver with these countries.

EU proposes tax transparency for multinationals — 13 April 2016, 18:21 CET

Multi-national companies operating in Europe will be required to publish country-by-country information on the tax they pay, according to new proposals announced by the European Commission on Tuesday.

Euro area house prices grew 2. 9 pct in Q4 2015 — 12 April 2016, 13:32 CET

House prices rose 2.9 per cent in the euro area and 3.8 per cent in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year, according to the EU's statistical office Eurostat.

Public confidence in judicial independence found wanting in several EU Member States — 13 April 2016, 00:22 CET

The independence of the judicial systems of EU Member States came under scrutiny on Monday with the EU's 2016 Justice Scoreboard showing persistently low levels of public trust in some countries.

EU set to strengthen data protection rules — 12 April 2016, 00:57 CET

The EU is set to give the final nod to a legislative package on reform of its data protection rules, following first reading adoption by the Council.

EU boosts aid to Ethiopia after worst ever El Nino — 08 April 2016, 23:01 CET

The European Commission has announced aid for Ethiopia worth some EUR 122.5 million, amidst a worsening humanitarian situation caused by one of the most severe extreme El Nino weather phenomenon on record.

Commission unveils upgrade for EU VAT system — 12 April 2016, 00:58 CET

Europe's VAT rules are to be made simpler, more fraud-proof and business-friendly as a result of European Commission plans to reboot the current EU VAT system.

EU initials partnership agreement with Malaysia — 07 April 2016, 18:45 CET

The chief negotiators of the European Union and Malaysia have initialled text of an EU-Malaysia Partnership and Cooperation Agreement at a ceremony held at the Ministry of Foreign Affairs of Malaysia in Putrajaya. The initialling marks the successful closure of negotiations that started in October 2010.

EU aid for children's education in conflict zones — 06 April 2016, 12:49 CET

The European Commission announced on Tuesday a EUR 52 million humanitarian aid package aimed at educational projects for children caught up in conflict zones and other emergencies in 2016.

Horizon 2020: first impressions — 25 November 2014, 15:35 CET

Horizon 2020, the EU’s biggest ever research and innovation programme, kicked off at the beginning of 2014. Worth EUR 80 billion and running over seven years, Horizon 2020 promised a simple structure that reduced red tape and time so participants could focus on what is really important. Has this been the experience of participants so far?

Top inventors honoured at European Inventor Award 2014 — 26 June 2014, 13:14 CET

Inventors from Belgium, Denmark, France, Germany, UK, Japan and the US scooped top honours at the European Inventor Award 2014 in Berlin last week.

An environmental standards information portal for Europe — 05 June 2014, 21:52 CET

In Europe, we have a vast wealth of research results that support standards in relation to environmental aspects such as air, water, soil and waste. SIPE ('An environmental Standards Information Portal for Europe'), an EU-funded project, brings all these results together and combines them with information on standards and policies in a single dedicated web-based portal.

Sharing data to achieve sustainable global marine management — 08 May 2014, 21:51 CET

A healthy sustainable marine environment is crucial to the smooth functioning of the EU economy. Fishing and offshore oil and gas fields for example employ thousands and bring in billions of euro a year, while most raw materials and consumer goods are imported and exported by sea. In fact, the EU has the world's largest merchant fleet; 90 % of foreign trade and 40 % of internal trade is seaborne. Coastal areas are also vital for tourism.

Western Balkans gearing up for Horizon 2020 — 26 February 2014, 17:47 CET

While the scientific performance of the Western Balkan countries (WBCs) has improved in recent years, it still lags behind that of EU countries, both in terms of quantity and quality.

S&P downgrades EU debt, Commission hits back — 22 December 2013, 13:21 CET

The Standard and Poor’s ratings agency downgraded the European Union’s credit-worthiness by one notch on Friday, blaming threats to cohesion including Britain’s role in curtailing budgets and holding a membership referendum.

Indonesia, EU seal pact to stop illegal timber exports — 01 October 2013, 13:10 CET

Indonesia, Asia's leading exporter of timber to Europe, on Monday signed a long-awaited pact with the European Union to fight the trade in illegal timber, a driver of environmentally damaging deforestation.

German economy may have reached turning point - Euro currency news daily — 25 April 2024, 12:46 CET

The German IFO business climate data released on Wednesday signaled a resurgence of optimism, marking its third consecutive increase. This data contributes to significant evidence of the German economy reaching a turning point and beginning to emerge from a downturn.

European leaders seek Asian support on debt crisis — 05 November 2012, 11:38 CET

European leaders flew to impoverished Laos Monday on a mission to reassure Asia they are finally getting a grip on the eurozone debt crisis during a major summit in the tiny landlocked nation.

Eurozone to launch ESM rescue fund — 08 October 2012, 12:12 CET

The eurozone finally gets its 500 billion euro rescue fund on Monday when finance ministers meet amid growing uncertainty over Greece's tortuous debt bailout and whether Spain will need help in turn.

EU Transparency Register: over 5,000 interest groups sign up — 28 June 2012, 23:01 CET

Over 5,000 interest groups have registered with the European Parliament or European Commission for the EU Transparency Register, in its first year.

Binge drinking more common in northern Europe — 09 November 2011, 13:25 CET

The relationship between drinking and damage to one's health is stronger in the Baltic countries and Sweden than in Italy, new research from Europe shows. The findings, published in the journal Alcoholism: Clinical & Experimental Research, suggest that the northern part of Europe tends to report higher alcohol-harm relationships because of a stronger propensity to indulge in heavy episodic drinking, what experts label 'binge drinking'.

Boost for Enterprise Europe Network in Asia, North Africa — 29 September 2011, 12:55 CET

The European Commission is extending the reach of the Enterprise Europe Network - its business and innovation support network for SMEs - by opening new contact points in Japan, as well as doubling its presence in China. The aim, it says, is to see more European small and medium sized enterprises (SMEs) profit from the fast growing markets in Asia, Latin America and Eastern Europe.