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Business news and information from the European Union

Green light for new EU rules on organic farming 29 June 2017, 00:05 CET
After 20 months of discussion, EU Parliament and Council negotiators reached an informal agreement Wednesday on an overhaul of existing EU rules on organic production and labelling of organic products.

European Union mulls future finance post-Brexit 29 June 2017, 00:04 CET
In its fifth reflection paper on the future of the European Union, published Wednesday, the Commission looks at options for financing the EU budget following the departure of the United Kingdom.

EU extends sanctions on Russia for another six months 28 June 2017, 22:53 CET
The EU Council agreed a formal extension of economic sanctions on Russia Wednesday, targeting specific sectors of the Russian economy Wednesday, until 31 January 2018.

Google fined EUR 2.4 bn for breaching EU antitrust rules 28 June 2017, 18:13 CET
The European Commission fined Google EUR 2.42 billion Tuesday for giving an illegal advantage to the U.S. search giant's own comparison shopping service, thus breaching EU antitrust rules.

New EU insolvency rules enter in force 27 June 2017, 22:21 CET
New rules on cross-border insolvency proceedings, first proposed in 2012 and adopted by EU legislators in 2015 to facilitate debt recovery, entered into force throughout the European Union on Monday.

Ministers make limited progress on energy efficiency 27 June 2017, 16:58 CET
EU ministers agreed reduced energy efficiency targets Monday, of 30 per cent by 2030, as well as what has been termed an 'unambitious' revision of the Energy Performance of Buildings Directive.

Trade barriers on the increase, says EU 27 June 2017, 13:29 CET
The "scourge of protectionism" is on the rise, the European Commission warned on Monday as it released a report detailing a 10 per cent increase in obstacles currently hindering European exports.

Brussels adopts guidelines for disclosure of non-financial information 26 June 2017, 23:49 CET
Guidelines on disclosure of environmental and social information were adopted Monday by the Commission to help firms disclose non-financial information in a consistent and comparable manner.

EU agrees revisions on hazardous substances in electrical equipment 23 June 2017, 00:09 CET
The EU Council and Parliament reached provisional agreement Wednesday on a proposal for a revised directive on the use of certain hazardous substances in electrical and electronic equipment.

EU agrees deal to better protect consumers 22 June 2017, 22:57 CET
The EU Council and Parliament reached preliminary agreement Wednesday to strengthen cooperation between EU national authorities responsible for the enforcement of consumer protection laws.

Security takes centre stage at EU summit 22 June 2017, 22:37 CET
EU leaders in Brussels for a two-day summit Thursday agreed to cement European cooperation in defence, and called on social media companies to prevent the spread of terrorist material on the Internet.

Non-EU nationals entitled to social benefits: EU Court 21 June 2017, 23:43 CET
A non-EU national holding a single work permit in a Member State enjoys, as a general rule, the social security benefits provided for that state's nationals, the EU's top Court ruled on Wednesday.

EU fines car lighting systems cartel EUR 27m 21 June 2017, 23:11 CET
The European Commission fined Automotive Lighting and Hella a total of EUR 27 million Wednesday for participating in a cartel concerning the supply of vehicle lighting systems in the European Economic Area.

EU transparency rules target tax avoidance planners 21 June 2017, 22:31 CET
The EU Commission proposed Wednesday tough new transparency rules for intermediaries - tax advisers, accountants, banks and lawyers - who design and promote tax planning schemes for their clients.

Europe still playing catch-up on innovation: report 21 June 2017, 00:26 CET
The European Union is catching up with Canada and the US in terms of innovation performance, but the picture among Member States is more mixed, with innovation improving in 15 out of 28 states last year.

Counter-terrorism is EU's highest security priority 20 June 2017, 18:30 CET
Counter-terrorism is the highest security priority for the EU, foreign affairs ministers declared at their Council meeting Monday, as they debated the EU response to the recent attacks in the EU and beyond.

Brexit talks kick off in 'positive and constructive tone' 19 June 2017, 14:26 CET
Brussels and the United Kingdom launched formal talks on Britain's exit from the European Union Monday, with the UK expressing a desire to build "a new, deep and special partnership with the European Union".

EU agrees better protection for workers from cancer-causing substances 15 June 2017, 22:37 CET
EU Member States reached a general agreement Thursday to guarantee the protection at the workplace of more than 4 million workers from exposure to cancer-causing chemical substances.

Go-ahead for talks on mandatory EU lobby register 15 June 2017, 22:26 CET
Negotiations between MEPs, the Commission and Council on a mandatory Transparency Register for EU lobbyists were given the go-ahead by European Parliament political groups Thursday.

MEPs target fake news and illegal online content 15 June 2017, 22:22 CET
Current laws regulating online platforms need to be updated for the digital age, the European Parliament urged Thursday, reflecting increasing public disquiet about fake news and illegal content.

EU Parliament backs new carbon cuts 15 June 2017, 00:57 CET
The European Parliament gave its backing Wednesday to plans for new compulsory greenhouse gas cuts under the Paris agreement on climate change following a debate on the announced U.S. withdrawal.

End of mobile roaming charges in the EU 14 June 2017, 22:40 CET
EU roaming charges no longer apply from 15 June 2017, meaning Europeans who travel within the EU will be able to call, text and connect on their mobile devices at the same price as they pay at home.

Gibraltar and UK are single entity, says EU Court 14 June 2017, 18:21 CET
Providing services by operators established in Gibraltar to persons established in the UK constitutes, in EU law, a situation confined in all respects within a single Member State, the EU's top court has ruled.

MEPs vote in simpler energy efficiency labels 13 June 2017, 23:34 CET
The EU Parliament gave the green light Tuesday for simpler energy efficiency labels for household appliances, enabling customers to choose products reducing energy consumption and their energy bills.

EU gives conditional approval to Nordic Capital buy of Intrum Justitia 13 June 2017, 22:51 CET
The EU Commission approved Tuesday the acquisition of Intrum Justitia by Nordic Capital, conditional on the divestment of overlapping debt collection and debt purchasing activities.