Business news and information from the European Union
- EU court clears stem cell patenting — 18 December 2014, 22:43 CET
A human egg used to produce stem cells but unable to develop into a viable embryo can be patented, the European Court of Justice ruled on Thursday.
- EU leaders press Russia, urge new investment — 18 December 2014, 22:01 CET
European Union leaders urged Vladimir Putin to make a "radical change" in his stance on Ukraine Thursday as they boosted sanctions against Crimea despite fears of economic blow-back from Russia's spiralling financial crisis.
- EU leaders baulk at money for Juncker investment plan — 18 December 2014, 21:57 CET
EU leaders approved an ambitious investment plan on Thursday but without putting up the "hard cash" demanded by European Commission head Jean-Claude Juncker.
- Juncker dealt setback on EU investment plan — 18 December 2014, 19:03 CET
European leaders were set Thursday to approve an ambitious investment plan but without adding more money, dealing a setback to commission head Jean-Claude Juncker.
- EU could 'de-escalate' sanctions if Russia shifts on Ukraine: France — 18 December 2014, 18:22 CET
The EU could de-escalate sanctions against Russia if Moscow delivers on
commitments to end the crisis in Ukraine, French President Francois
Hollande said Thursday.
- EU can't sign up to key rights convention, court rules — 18 December 2014, 18:06 CET
The EU's top court ruled on Thursday that the bloc cannot join the bedrock European Convention on Human Rights as planned because to do so would undermine its own laws.
- EU court says obesity can be disability — 18 December 2014, 18:04 CET
The European Union's highest court ruled Thursday that obesity can be considered a "disability" if it hinders an overweight person's performance at work.
- Euro-MPs slam Venezuela opposition 'persecution' — 18 December 2014, 17:56 CET
The European Parliament on Thursday strongly condemned Venezuela for the "persecution" of the democratic opposition and urged Caracas to free political prisoners.
- Daimler makes EUR 600m provision for EU antitrust probe — 18 December 2014, 17:54 CET
German auto giant Daimler, which makes Mercedes-Benz vehicles, said Thursday that it was setting aside an additional 600 million euros to cover a potential European Union antitrust fine.
- EU 'violated human rights' in forcing austerity on Greece — 18 December 2014, 17:54 CET
Four years of stringent austerity have caused an "unprecedented" assault on human rights in Greece for which the EU and the IMF must share the blame, a rights group said Thursday.
- Mogherini urges Putin to make 'radical change' in attitude — 18 December 2014, 17:53 CET
EU foreign policy chief Federica Mogherini on Thursday urged Russian
President Vladimir Putin to make a "radical change" in attitude to end
the crisis sparked by Moscow's intervention in Ukraine.
- German parliament supports extending Greece bailout — 18 December 2014, 17:53 CET
The German parliament Thursday backed plans to extend a credit programme
for Greece, with Finance Minister Wolfgang Schaeuble voicing hope for a
"happy ending" to Athens' economic and political woes.
- Turkey media bosses to be charged with 'terror group membership' — 18 December 2014, 17:51 CET
Two anti-government Turkish media chiefs arrested during controversial weekend raids that have strained ties with the European Union are to be charged with membership of a terrorist group, reports said Thursday.
- EU leader wants 'tough, responsible' Russia strategy — 18 December 2014, 17:41 CET
EU president Donald Tusk said leaders meeting at a summit in Brussels on
Thursday must adopt a "tough and responsible" strategy toward Russia
following its intervention in Ukraine.
- EU approves new Crimea sanctions — 18 December 2014, 13:42 CET
The EU imposed additional sanctions Thursday on Crimea, banning all
investment and cruise ships from its ports to force home the message the
bloc will not recognise Russia's "illegal annexation" of Ukraine
- Top EU court rejects British visa rule — 18 December 2014, 13:20 CET
The EU's top court on Thursday found Britain at fault for demanding that non-EU citizens with resident permits issued in other member states must obtain a visa before entering the country.
- EU summit to discuss crisis-hit Russia, economic plan — 18 December 2014, 13:13 CET
EU leaders on Thursday will discuss tense relations with Russia and punishing sanctions imposed over Moscow's actions in Ukraine at a summit led for the first time by Poland's Kremlin-wary former premier Donald Tusk.
- EU agrees fish quotas seen as too lax by environmentalists — 18 December 2014, 13:13 CET
EU Member States have introduced fish catch limits for next year for the Atlantic and North Sea that environmentalists say fail to protect some overfished stocks like cod and sole.
- Oil price, euro fall spur German business confidence — 18 December 2014, 13:12 CET
German business confidence rose again in December, the Ifo economic institute said Thursday, as the prospects for Europe's biggest economy grew sunnier.
- Merkel says Russia sanctions remain 'unavoidable' — 18 December 2014, 10:57 CET
German Chancellor Angela Merkel stressed Thursday that Europe's goal
remains a free and whole Ukraine and that Western sanctions against
Russia remain unavoidable until that goal is reached.
- Canada urges EU to keep Hamas listed as terror group — 18 December 2014, 00:32 CET
Canada on Wednesday urged the European Union to keep Hamas listed as a
banned terrorist group, after an EU court ordered it removed from a
- EU welcomes US-Cuba accord as 'historical turning point' — 18 December 2014, 00:00 CET
The EU, seeking to normalise its own ties with Havana, on Wednesday welcomed a breakthrough US-Cuba accord to re-establish diplomatic relations after more than 50 years as a "historical turning point."
- EU insists on Hamas terror status after blacklist removal — 17 December 2014, 21:28 CET
The European Union scrambled to set the record straight on Hamas Wednesday after an EU court ordered the removal of the Palestinian Islamist group from its terror blacklist, infuriating Israel.
- EU should keep sanctions against Hamas: US — 17 December 2014, 21:27 CET
The United States on Wednesday urged the European Union to keep up its
sanctions against Hamas, saying there was "no change" in US policy.
- UBS loses appeal against EUR 1.1 bn guarantee in France for tax fraud — 17 December 2014, 21:26 CET
France's highest court on Wednesday rejected an appeal by Swiss banking giant UBS, ordering it to pay a 1.1-billion-euro security deposit as part of a probe into allegations it helped rich French clients hide money in Switzerland.