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Business news and information from the European Union

Congolese rape doctor, Ukraine rights group up for EU prize 19 September 2014, 15:43 CET
A Congolese doctor renowned for his fearless work with rape victims and Ukraine's pro-Western protesters were among those nominated on Friday for the European Parliament's prestigious Sakharov human rights prize.

Orban names ex-spokesman as Hungary foreign minister 19 September 2014, 14:32 CET
Hungarian Prime Minister Viktor Orban nominated on Friday his 36-year-old former spokesman Peter Szijjarto to be the EU country's new foreign minister.

EU, Ukraine, Russia to hold gas talks next week: EU 19 September 2014, 12:48 CET
The European Union will hold fresh talks with Russia and Ukraine next week to settle their ongoing dispute over gas deliveries, an EU official said on Friday.

Kremlin wants to 'protect Russian cyberspace from unpredictable West' 19 September 2014, 12:47 CET
Russia is considering measures to protect its cyberspace from the "unpredictable" West, President Vladimir Putin's spokesman said on Friday after a newspaper said Moscow was contemplating unplugging the Internet during protests or war.

EU hails Scotland vote as boost for 'united' Europe 19 September 2014, 12:46 CET
European Union leaders hailed Scotland's rejection of independence on Friday, saying the vote will help strengthen and unite the 28-member bloc.

EU Parliament wants Russia excluded from financial transfers system 19 September 2014, 11:41 CET
The European Parliament on Thursday urged the EU to consider excluding Russia from the SWIFT system for global financial transactions as an additional punishment for its role in the Ukraine conflict.

Bank borrowing in new ECB loans programme disappoints 18 September 2014, 22:09 CET
The European Central Bank pumped more liquidity into the financial system Thursday in a bid to boost the economy via private-sector loans but analysts said uptake by banks was disappointing.

Italy says 'postponed' EU jobs summit to go ahead on October 8 18 September 2014, 22:09 CET
A special EU jobs summit will go ahead in Milan on October 8, the Italian government said Thursday, after diplomats earlier said the event had been "postponed indefinitely".

European airlines can charge extra for check-in luggage: top court 18 September 2014, 22:09 CET
Airlines are within their rights to charge passengers extra for checked-in luggage, Europe's top court ruled on Thursday in a decision that will be welcomed by low-cost carriers.

European Parliament demands release of Burundi rights activist 18 September 2014, 20:36 CET
The European Parliament called on Thursday for the "immediate and unconditional" release of Burundian rights activist Pierre-Claver Mbonimpa, who has fallen seriously ill since being jailed in May.

Tight EU borders fuel deadly smuggling business: Amnesty 18 September 2014, 20:35 CET
Tight EU border controls are fuelling the business of smugglers who allegedly sank a boat in the Mediterranean last week, killing 500 migrants on board, Amnesty International said Thursday.

Russia proposes Ukraine, EU gas talks next week 18 September 2014, 16:44 CET
Russia has proposed a meeting next week with Ukraine and the European Union to settle their ongoing gas dispute, Moscow's energy minister was quoted as saying Thursday.

EU silent on reported Putin threat against east Europe 18 September 2014, 16:04 CET
The EU on Thursday refused to confirm a report that President Vladimir Putin warned Ukraine's leader that Russian troops could invade eastern European capitals within two days if ordered.

Western sanctions violate WTO principles: Putin 18 September 2014, 16:03 CET
Russian President Vladimir Putin Thursday slammed the European Union and the United States for violating basic World Trade Organization principles in their bid to punish Russia over the Ukraine crisis.

EU jobs summit 'postponed indefinitely' 18 September 2014, 12:39 CET
A special EU summit called by the French and Italian leaders in Italy next month to boost jobs and jump-start the bloc's sluggish economy has been postponed indefinitely, diplomats said on Wednesday.

Israel warns EU against 'bad deal' on Iran 17 September 2014, 17:03 CET
Israel's Intelligence Minister Yuval Steinitz on Wednesday urged the European Union not to make a "bad deal" with Iran over its nuclear programme, ahead of crucial talks.

EU says Ukraine amnesty, regional laws help peace effort 17 September 2014, 17:03 CET
The EU said Wednesday that controversial Ukraine laws offering pro-Russian rebels an amnesty and special status in the conflict-torn east of the country were important steps toward a peaceful solution.

European Parliament ratifies Ukraine association pact 17 September 2014, 17:01 CET
The European Parliament overwhelmingly voted Tuesday to ratify a landmark association pact with Ukraine, in a video-link with lawmakers in Kiev who approved the deal at the same time.

New EU energy and climate Commissioner sells oil shares 17 September 2014, 17:00 CET
The EU's incoming Energy and Climate Commissioner said on Tuesday he is selling his shares in oil firms to avoid any conflict of interest ahead of a grilling by the European Parliament.

EU car sales up again in July and August 17 September 2014, 16:58 CET
New car registrations in the European Union showed further recovery in July and August, industry data showed on Wednesday, with strong figures even in countries struggling to maintain growth.

Spain PM warns independence votes 'torpedo' EU 17 September 2014, 13:11 CET
Spanish Prime Minister Mariano Rajoy on Wednesday branded moves for independence such as those in Scotland and Spain's Catalonia region a "torpedo" to European integration.

Eurozone August inflation revised to still-low 0.4%: Eurostat 17 September 2014, 11:31 CET
Eurozone inflation stood at 0.4 per cent in August, official data showed on Wednesday, slightly higher than an original estimate which had pushed the European Central Bank to open up the cash floodgates.

EU, Iran to hold fresh nuclear talks 17 September 2014, 10:45 CET
EU foreign affairs head Catherine Ashton will meet Iranian Foreign Minister Mohamad Javad Zarif on Wednesday in New York for further talks on Tehran's contested nuclear programme, her spokeswoman said.

Ukraine parliament ratifies landmark EU pact 16 September 2014, 18:27 CET
The Ukrainian parliament on Tuesday ratified a landmark EU pact that decisively steers the former Soviet state towards the West and away from Russian influence.

What is the EU-Ukraine Association Agreement? 16 September 2014, 13:47 CET
The Ukrainian and European parliaments ratified a historic association agreement on Tuesday, a wide-ranging accord that Kiev sees as a symbol of its break from old master Russia.