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Business news and information from the European Union

MEPs back law for more energy-efficient buildings 11 October 2017, 15:45 CET
MEPs in committee gave their backing Wednesday to a revision of the EU Energy Performance of Buildings Directive aiming to ensure that all new buildings in the EU are as energy-efficient as possible by 2050.

EU adopts position on climate finance ahead of COP23 11 October 2017, 15:30 CET
EU finance ministers met in Luxembourg Tuesday to discuss and adopt the EU’s position on climate finance, ahead of the next international climate summit COP23 in Bonn in November.

Ministers agree deal on Baltic fishing quotas 10 October 2017, 17:28 CET
EU fisheries ministers agreed Monday on next year's total allowable catches (TACs) and national quotas for the ten commercially most important fish stocks in the Baltic Sea.

EU, India promise renewed effort on trade talks 06 October 2017, 22:37 CET
The EU and India agreed Friday to intensify efforts towards a Free Trade Agreement at a summit in New Delhi marking 55 years of diplomatic relations between the world's two largest democracies.

Court of Auditors to probe EU animal welfare measures 05 October 2017, 23:51 CET
The European Court of Auditors has announced it is to examine whether the European Commission and the EU Member States have made effective contributions to the EU’s animal welfare objectives.

EU boost for long-term apprenticeships in Europe 05 October 2017, 22:49 CET
The EU Commission adopted Thursday a proposal for a European Framework for Quality and Effective Apprenticeships, with a view to increasing the employability and personal development of apprentices.

MEPs, Council agree provisional deal on anti-dumping 05 October 2017, 18:40 CET
MEPs and the EU Council have struck an informal deal on measures to strengthen the EU's capacity to protect its producers against unfair trade practices such as dumping and subsidised imports.

EU VAT reform to crack down on fraud 05 October 2017, 15:49 CET
The EU Commission set out plans Wednesday for the biggest reform of EU VAT rules in a quarter of a century, hoping to crack down on an estimated EUR 50 billion in tax revenue lost to cross-border VAT fraud.

MEPs put brake on pesticides plan 05 October 2017, 13:18 CET
The European Parliament blocked an EU Commission proposal Wednesday which would have exempted some chemicals in pesticides from being identified as endocrine disruptors.

Brussels takes legal action against Ireland over Apple taxes 04 October 2017, 23:34 CET
The EU Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal State aid worth up to EUR 13 billion, as required by an earlier Commission decision.

Amazon has to repay EUR 250m in tax benefits, says EU 04 October 2017, 22:58 CET
Luxembourg has to recover some EUR 250m of tax benefits granted to Amazon, the EU ruled Wednesday, deemed illegal under EU rules, which allowed the firm to pay markedly less tax than other companies.

EU looks to make procurement more efficient and sustainable 04 October 2017, 15:49 CET
As part of EU efforts to stimulate the economy and unlock investment, the European Commission put forward Tuesday an initiative for more efficient and sustainable procurement, exploiting digital technologies.

MEPs seek cheaper intra-EU phone calls 04 October 2017, 13:43 CET
Long-distance intra-EU calls should cost the same as calling within the same country, according to a draft law approved by a European Parliament committee on Monday.

EU appraises bids for agencies leaving Britain after Brexit 03 October 2017, 20:38 CET
The EU Commission published Monday its assessment of the 27 offers received from Member States to host the European Banking Authority and the European Medicines Agency - currently located in the United Kingdom.

Not enough progress on Brexit: EU Parliament 03 October 2017, 20:37 CET
There was not enough progress on withdrawal terms, particularly on citizen's rights, to start talks on the United Kingdom's future relationship with the EU, the European Parliament said on Tuesday.

EU sugar quotas come to an end 02 October 2017, 23:10 CET
The very last agricultural quota system in place, managing sugar production in the EU, were scrapped on 30 September, after nearly 50 years, part of a major CAP reform and restructuring process.

Tech giants under increased EU pressure over illegal content 02 October 2017, 23:07 CET
The Commission presented guidelines and principles Thursday for online platforms to step up efforts to proactively prevent, detect and remove illegal content inciting hatred, violence and terrorism online.

EUR 152 bn VAT gap points way to EU reform 29 September 2017, 18:18 CET
The EU Commission published a report Thursday showing that EU Member States lost an estimated total of EUR 152 billion in VAT revenues in 2015, as it readies for an overhaul of the VAT system.

LIFE programme: EUR 222 m for environment, nature and climate action 28 September 2017, 23:08 CET
The Commission approved Thursday an EU investment package of EUR 222 million to support Europe's transition to more sustainable and low-carbon future under the LIFE programme for the Environment and Climate Action.

MEPs call for EU-wide minimum income 28 September 2017, 22:37 CET
Introducing minimum income schemes in all EU Member States is one of the most effective ways to lift people out of poverty, Euro-MPs on the Parliament's Employment Committee said on Thursday.

EU fines VW's Scania EUR 880m for trucks cartel 28 September 2017, 18:01 CET
The EU Commission fined Scania EUR 880 million Wednesday for breaking EU antitrust rules by taking part in a truck pricing cartel and passing on new technologies costs to meet stricter emission rules.

Europeans start to roam like at home 27 September 2017, 23:17 CET
Europeans are aware of new EU mobile roaming rules and have started changing their habits when travelling abroad, a survey conducted after the first summer without the charges shows.

Schengen border controls could be extended under new EU plan 27 September 2017, 20:34 CET
The Commission proposed Wednesday that temporary internal border controls under the Schengen Borders Code could be extended in response to increased security and terrorist risks.

Commission supports EU states against substandard food 27 September 2017, 18:27 CET
The EU Commission issued a set of guidelines Tuesday to help Member States determine whether a company is breaking EU laws when selling food products of dual quality in different countries.

Brussels looks to extend scope of EU rules on work contracts 27 September 2017, 00:18 CET
The EU Commission is in talks with trades unions and employers' organisations on making rules on employment contracts fairer and more predictable for all types of workers.