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Business news and information from the European Union

EU welcomes G20 forum deal on steel over-capacity 05 December 2017, 18:08 CET
The European Commission welcomed Friday the agreement by the G20's Global Forum to wide-ranging policy solutions to tackle global steel over-capacity, to be implemented in 2018 and 2019.

Commission proposes new tools to combat VAT fraud 30 November 2017, 23:54 CET
The EU Commission unveiled Thursday new tools to make the EU's Value Added Tax system more fraud-proof and to close loopholes which can lead to large-scale VAT fraud.

Brussels updates EU Air Safety List 30 November 2017, 23:54 CET
The Commission updated the EU Air Safety List of non-European airlines that do not meet international safety standards Thursday, adding Venezuela's Avior Airlines to the list of banned airlines.

Summit strengthens EU-Africa cooperation 30 November 2017, 22:54 CET
European and African leaders set out their commitment at the close of an EU-Africa summit Thursday to invest in youth for a sustainable future, prioritising investment, education, security and migration.

Investment boost for the development of sustainable cities 30 November 2017, 14:28 CET
The European Commission and European Investment Bank launched Tuesday a new advisory service to help cities plan investments to support urban development and get easier access to finance.

Profits of Europe's SMEs on the rise: ECB survey 29 November 2017, 23:37 CET
Smaller businesses in Europe have reported increasing profits for the first time since the beginning in 2009 of a European Central Bank survey, which also reports a higher willingness of banks to lend.

EU Court rules in favour of worker's right to paid leave 29 November 2017, 22:58 CET
The EU's top court ruled Wednesday that a worker is still entitled to accumulated paid leave even if an employer has not put him in a position to exercise his right to paid annual leave.

Brussels acts to protect Europe's know-how 29 November 2017, 20:35 CET
Europe's smaller companies will be encouraged to invest in innovation and creativity, under EU Commission plans presented Wednesday to strengthen protection of intellectual property rights.

Euro-MPs back people-powered renewables 29 November 2017, 17:59 CET
MEPs in committee voted Tuesday for new binding targets for energy efficiency and use of renewables, calling for recognition of the right of Europeans to produce and sell their own renewable electricity.

EU farm reform offers stronger role for Member States 29 November 2017, 17:56 CET
EU Member States will have a stronger role in deciding how to allocate EU public subsidies to farmers under proposals for more sustainable farming put forward by the EU Commission Wednesday.

MEPs move to ban use of phosphates in kebabs 29 November 2017, 14:16 CET
The European Parliament could veto a Commission proposal to allow phosphates in kebab meat, following serious concerns over a potential link between phosphates used as food additives and heart disease.

New EU e-payments rules to make shopping safer 28 November 2017, 22:58 CET
The revised payment services directive, adopted Monday by the EU Commission, is designed to provide consumers with more convenient and innovative payment solutions, whether buying in shops or online.

EU on track to meet renewables targets but progress slows 28 November 2017, 17:44 CET
The EU and most of its Member States are on track to reach their 2020 targets on renewable energy and energy efficiency, but increases in energy consumption are slowing down progress, says a report.

EU probes Spain's support for coal power plants 28 November 2017, 17:43 CET
The European Commission opened an in-depth investigation Monday into whether Spain's environmental incentive for coal power plants - to meet EU mandatory environmental standards - is in line with EU State aid rules.

Not enough prevention: EU health systems report 27 November 2017, 22:38 CET
Only 3 per cent of EU countries' health budgets is spent on prevention, with 80 per cent spent on treatment of diseases, the EU Commission reported on Thursday in a set of 28 'country health profiles'.

Europe's smaller businesses back to pre-crisis employment levels 23 November 2017, 22:59 CET
Employment levels and value added in Europe's smaller businesses rose for the third consecutive year in 2016, exceeding 2008 levels for the first time since the financial crisis, an EU report showed Thursday.

Online shopping rules aim to end geo-blocking 23 November 2017, 22:57 CET
New EU rules on online shopping, provisionally agreed by the EU institutions Monday, mean that online buyers of goods or services from another EU country must be treated like local customers.

EU eggs keep free range status despite bird flu 23 November 2017, 13:36 CET
Producers of free range eggs can continue to market their products as such even if their hens have restricted access to open-air runs because of bird flu following changes to EU egg marketing standards.

EU imposes fines of EUR 34m on seatbelt, airbag cartel 22 November 2017, 18:36 CET
The EU Commission imposed fines of EUR 34 million Wednesday on five car safety equipment suppliers to Japanese car manufacturers in the European Economic Area for breaching EU antitrust rules.

Illegal Bialowieza logging could cost Poland EUR 100,000 a day 22 November 2017, 00:01 CET
Poland will have to pay a EUR 100,000 penalty per day if it continues banned logging activities in the EU-protected Bialowieza Forest, one of the last remaining primeval forests in Europe, the EU's top court has ruled.

EU states endorse new rules for organic farming 22 November 2017, 00:01 CET
EU Member States representatives endorsed Monday a deal to overhaul existing rules on organic production and labelling of organic products, provisionally agreed with the European Parliament in June.

Legal framework agreed for EU youth volunteer corps 21 November 2017, 20:51 CET
EU education ministers agreed a legal framework Monday for the new European Solidarity Corps - which provides opportunities for young people to volunteer or work in community projects at home or abroad.

Negotiators agree EU Budget for 2018 20 November 2017, 23:23 CET
The EU institutions reached provisional agreement in the early hours of Saturday on the 2018 EU budget, with boosts for research, fighting youth unemployment and education, but cuts to funding for Turkey.

UK's EU agencies set for Amsterdam, Paris after Brexit 20 November 2017, 23:20 CET
EU 27 ministers on Monday selected Paris as the new seat for the European Banking Authority, and Amsterdam as the new seat for the European Medicines Agency, to following Britain's exit from the EU.

EU Parliament warns Poland on rule of law 16 November 2017, 23:29 CET
Poland is at "clear risk of a serious breach" of European values, including the rule of law, enshrined in the EU Treaty, MEPs said on Wednesday, warning of possible suspension of Poland's EU voting rights.