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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 territory.

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 blacklist.

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.