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Business news and information from the European Union

A bus ticket for Bulgaria, and then jihad 30 January 2015, 04:27 CET
When Bulgarian police on January 1 arrested Frenchman Fritz-Joly Joachin, a self-confessed "old friend" of the Charlie Hebdo attackers, he was not the first suspected Islamist trying to cross the EU's south-eastern border into Turkey.

US warns Russia, welcomes new EU sanctions 30 January 2015, 00:27 CET
The United States warned Russia on Thursday that it is mulling fresh sanctions over the fighting in Ukraine and welcomed an EU move to broaden existing measures imposed on Moscow.

EU, Germany warn Greece over debt reduction ambitions 29 January 2015, 22:16 CET
The European Union and Germany warned Greece's radical new left-wing government Thursday that there is little support for a reduction in its massive debts, on the eve of its first talks with its eurozone partners.

US warns Russia, welcomes new EU sanctions 29 January 2015, 21:38 CET
The United States warned Russia on Thursday that it is mulling fresh sanctions over the fighting in Ukraine and welcomed an EU move to broaden existing measures imposed on Moscow.

Scrapping US visa waivers would be 'a mistake' 29 January 2015, 21:37 CET
Scrapping a visa waiver program that eases travel to the United States for people from dozens of partner nations would be "a mistake," a top US official said on Thursday.

EU plots counter-terrorism strategy against militant Islamists 29 January 2015, 20:35 CET
European Union interior ministers met Thursday in Riga to finalise a counter-terrorism strategy targeting radical Islamists weeks after the Paris terror attacks that left 17 people dead.

EU to expand Russia blacklist, ready for more measures over Ukraine 29 January 2015, 20:30 CET
The EU agreed Thursday to add new names to a sanctions blacklist over Russia's involvement in Ukraine and will start work on possible further measures, foreign policy chief Federica Mogherini said.

New Greek finance minister to visit UK, France, Italy 29 January 2015, 17:02 CET
Greece's new left-wing Finance Minister Yanis Varoufakis will visit three European Union capitals next week to push the government's agenda for a renegotiated deal on its multi-billion-euro bailout, his office said Thursday.

Greece seeks common ground with EU partners: EU Parliament chief 29 January 2015, 16:52 CET
Greece will seek "common ground" with its European partners on solving its bailout and debt woes, European Parliament chairman Martin Schulz said Thursday after meeting new Prime Minister Alexis Tsipras.

Greece says seeking to 'prevent rift' between EU and Russia 29 January 2015, 15:38 CET
Greece will try to bridge the divide between the EU and Russia over the Ukraine conflict, its new foreign minister said Thursday ahead of a meeting on new sanctions that Athens has questioned.

EU to expand Ukraine sanctions blacklist: France 29 January 2015, 15:07 CET
The EU will target new individuals with sanctions over their involvement in the conflict in Ukraine, France said Thursday as the 28-nation bloc's foreign ministers met to discuss fresh measures against Russia.

EU tourism hits record in 2014 29 January 2015, 14:22 CET
The European Union attracted a record number of tourists in 2014, with visits to France leading the bloc, official data from Eurostat showed on Thursday.

EU investment plan could create 2.1 million jobs 29 January 2015, 13:39 CET
An ambitious European investment plan could create 2.1 million jobs by 2018 if properly implemented, the International Labour Organization said on Wednesday.

Ukraine says EU to consider 'robust' new Russia sanctions 29 January 2015, 13:39 CET
EU foreign ministers will consider further "robust measures" against Russia over the fighting in Ukraine when they meet in Brussels Thursday, Ukrainian foreign minister Pavlo Klimkin said.

EU threatens new Russia sanctions over Ukraine violence 29 January 2015, 13:32 CET
European Union leaders on Tuesday threatened new sanctions against Russia over a bloody offensive by pro-Kremlin Ukrainian rebels, the latest bid to pressure a defiant President Vladimir Putin.

Greece-EU clash spreads to Russia sanctions 29 January 2015, 13:29 CET
Greece has created a new headache for the EU by questioning sanctions against Russia over Ukraine but is unlikely to block them for fear of harming its own debt negotiations, analysts and sources say.

Germany's anti-euro party split over PEGIDA ties 29 January 2015, 10:59 CET
Germany's upstart anti-euro AfD party will seek to mend a rift among members on whether to forge close ties with an emergent "anti-Islamisation" movement at a congress this weekend.

ECB QE could cause "competitive depreciation": China 29 January 2015, 10:57 CET
The European Central Bank's new quantitative easing (QE) measures could trigger "competitive depreciation" of currencies around the world, China's commerce ministry warned Thursday.

Greece, EU must act to 'increase stability': Commissioner 28 January 2015, 21:20 CET
Greece and the EU must act quickly to end turbulence on the markets following the election of an a new anti-austerity government in Athens, senior commissioner Jyrki Katainen said Wednesday.

EU set to add to sanctions blacklist over Ukraine: sources 28 January 2015, 20:39 CET
EU foreign ministers will add names to a blacklist of individuals sanctioned over the Ukraine crisis when they meet Thursday but stop short of new measures targeting Russia's economy, sources said.

EU puts conditions on deals involving Novartis, GSK 28 January 2015, 19:19 CET
The European Union on Wednesday approved mega deals involving drug makers Novartis of Switzerland and GlaxoSmithKline of Britain, provided they sell off assets in the vaccines and consumer health businesses.

Britain braces for election that could herald EU exit 28 January 2015, 19:19 CET
Britain on Tuesday marked 100 days until one of the most unpredictable elections in memory, as Prime Minister David Cameron fights to retain power and call a referendum on European Union membership.

Gazprom says Turkey pipeline to be operational by 2016 27 January 2015, 16:16 CET
Russian gas giant Gazprom says a planned pipeline to Turkey will be in service by end 2016, piling pressure on the European Union to build a link to it or risk losing gas supplies from Moscow.

France told to repay EUR 1.07 bn in EU farm aid 27 January 2015, 16:13 CET
France must repay 1.07 billion euros to the EU in agricultural aid that was claimed through fraud or error over a four-year period, the European Commission said Tuesday.

Crux of the matter for Greece: EUR 315 bn of debt 27 January 2015, 14:10 CET
Greece's debt mountain is the biggest issue for the new government being set up in Athens and will be at the centre of negotiations between Prime Minister Alexis Tsipras and the country's EU partners and main creditors.