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Business news and information from the European Union

G7 leaders push free trade agenda 28 May 2016, 00:24 CET
Leaders of the G7 countries meeting at a summit in Japan reaffirmed their commitment to open and fair global trade and called for swift progress on regional trade agreements, including the EU-Japan Economic Partnership Agreement and TTIP.

EU strikes deal for safer medical devices 28 May 2016, 00:19 CET
Safer medical devices and fast patient access to innovative devices are the aim of a provisional deal on new rules for medical devices and in vitro diagnostic products reached by the EU Council and Parliament Wednesday.

EU pilot scheme to break regulatory barriers to innovation 27 May 2016, 11:43 CET
The European Commission issued calls for expressions of interest on Thursday from projects contributing to EU plans on the circular economy, in a pilot scheme to break down regulatory barriers to innovation.

Poland taken to EU Court of Justice over biofuel restrictions 26 May 2016, 19:23 CET
Poland is being referred to the Court of Justice of the EU for establishing restrictions in Polish law against certain imported biofuels and raw materials for biofuel, the Commission said Thursday.

UK broadband scheme complies with EU state aid rules 26 May 2016, 18:13 CET
The UK's National Broadband Scheme for 2016-2020, which aims to connect homes and businesses throughout the UK to high speed broadband. complies with EU state aid rules, the EU said Thursday.

EU-US 'Privacy Shield' data deal needs improvement, say MEPs 26 May 2016, 17:55 CET
The European Parliament urged the EU Commission Thursday to go on negotiating with the United States over the proposed 'Privacy Shield' protection for EU citizens’ data transferred to the US for commercial purposes.

Update to EU film and video rules to promote European films 26 May 2016, 17:13 CET
An update for EU audiovisual rules outlined by the Commission Wednesday looks to promote European films as well as protect children and tackle hate speech with a 'new approach to online platforms'.

High standards for Europe's bathing water 26 May 2016, 16:43 CET
Forty years after the first Bathing Water Directive was introduced, the EU's annual bathing water report show the standards of Europe's bathing water continuing to improve.

Rubik's Cube trade mark invalid: EU Court judge 25 May 2016, 18:14 CET
The EU trade mark representing the shape of a Rubik’s Cube must be declared invalid, according to the Opinion of the European Court of Justice' Advocate-General on Wednesday.

EU okays AB InBev-SABMiller deal, on conditions 25 May 2016, 17:35 CET
Brussels gave AB InBev, the world's largest brewer, the green light Tuesday for a proposed acquisition of SABMiller, the second largest brewer -- so long as it sells practically the entire SABMiller beer business in Europe.

EU targets geo-blocking to boost e-commerce 25 May 2016, 17:25 CET
Retailers will no longer be able to refuse to sell goods and services to people living in other EU countries under a three-pronged bid to boost e-commerce in Europe, unveiled on Wednesday.

Eurozone finance ministers agree to unlock Greek aid 25 May 2016, 17:25 CET
The EU's Eurogroup ministers welcomed a staff-level agreement between Greece and the institutions Tuesday, paving the way for finalisation of the first review of Greece's macroeconomic adjustment programme.

EU rail freight not on right track: Court of Auditors 25 May 2016, 12:27 CET
The EU's aim of shifting freight from road to rail is not working, said the European Court of Auditors Tuesday in a new report which shows a decline in rail's share of EU freight since 2011.

New EU rules on tobacco target young smokers 24 May 2016, 16:55 CET
New rules for tobacco products sold in the EU came into force Friday, aiming to reduce the number of smokers, especially among young people, ensuring all are fully aware of the harmful effects of tobacco use.

EU again delays decision on glyphosate renewal 20 May 2016, 17:32 CET
The European Commission again postponed a vote on whether to renew the licence for the controversial herbicide glyphosate on Thursday, despite a WHO warning about a link to cancer.

EU probes alleged aid to Belgian glass producer Ducatt 19 May 2016, 23:44 CET
The EU opened an in-depth probe Thursday to assess whether EUR 40m of financial support granted by publicly-owned Flemish investment companies LRM and PMV to Belgian producer of glass for solar panels Ducatt was in line with EU state aid rules.

New animal breeding rules set for 2018 19 May 2016, 17:44 CET
The EU adopted new rules on conditions for the breeding, trade-in and imports into the EU of breeding animals and their genetic material on Tuesday, confirming agreement reached with the EU Parliament in 2015.

EU tightens sanctions against N Korea 19 May 2016, 17:30 CET
The EU added another 18 people and one entity to the list of those subject to EU restrictive measures against North Korea Thursday, adding to sanctions imposed by United Nations Security Council resolutions.

Nearly 16,000 victims of trafficking in the EU 19 May 2016, 17:14 CET
15,846 women, men, girls and boys were registered as victims of trafficking in the EU, according to a report presented Thursday by the European Commission on progress in the fight against trafficking in human beings.

Green light for EU-wide cybersecurity rules 19 May 2016, 00:06 CET
New rules to strengthen the security of network and information systems throughout Europe are due to enter into force in August, after the EU formally gave its green light on Tuesday.

Spain, Portugal under caution over budget deficits 18 May 2016, 23:52 CET
Spain and Portugal were given one more year to correct their excessive deficits after the European Commission published its Spring economic package Wednesday.

One year delay for MiFID II directive 18 May 2016, 21:48 CET
The EU confirmed Wednesday a one-year delay to the MiFID directive, new securities market rules which regulate firms providing share-dealing services, after a Council agreement with the European Parliament.

Annual inflation in the EU down to -0.2 pct 18 May 2016, 12:45 CET
European Union annual inflation dropped to -0.2% in April 2016, down from 0.0% in March. The rate for March last year was also 0.0%, according to Eurostat, the EU's statistical office.

EU toughens rules to stop rigging of market benchmarks 18 May 2016, 12:35 CET
The EU adopted new rules Tuesday aimed at restoring trust in interest rate benchmarks and avoiding the kind of manipulation of such instruments seen in the recent Libor and Euribor scandals.

Eurozone trade surplus up to EUR 28.6 bn in March 17 May 2016, 12:44 CET
First estimates for March show a surplus in international trade in goods for the Eurozone of EUR 28.6 bn and a EUR 7.2 bn surplus for the whole EU, according to Eurostat, the EU's statistical office.