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Business news and information from the European Union

Brexit guidelines: no trade talks until progress on divorce 03 April 2017, 12:49 CET
EU president Donald Tusk presented the European Council's draft negotiating guidelines on the upcoming Brexit negotiations Friday, foreseeing difficult, complex and even confrontational talks ahead.

MEPs point to UK-EU association accord as way forward 30 March 2017, 23:34 CET
While the benefits of being an EU member cannot be the same for a country which leaves, MEPs said Wednesday that an association agreement could be the way forward, so long as the UK respected EU standards.

GM bans lawful only if clear health risk: EU Court adviser 30 March 2017, 23:18 CET
EU states are justified in banning genetically modified food and feed only if they can establish a clear, urgent and serious risk to health and the environment, the top EU Court's adviser said on Thursday.

Deutsche Boerse - London Stock Exchange merger blocked by EU 30 March 2017, 23:18 CET
Brussels blocked a proposed merger between Deutsche Boerse and the London Stock Exchange Wednesday, saying it would create a de facto monopoly in the markets for clearing fixed income instruments.

EU Court upholds sanctions against Russia's Rosneft 29 March 2017, 18:27 CET
The European Court of Justice on Tuesday declared valid EU sanctions against Russian companies in response to the crisis in Ukraine, including Rosneft, the state-owned Russian oil giant.

Students get Brussels ticket to discover Europe 29 March 2017, 15:40 CET
A new one-off initiative under the Erasmus+ exchange programme, unveiled Monday by the EU Commission, will enable around 5,000 young people to travel to another EU country in a sustainable manner.

'No winners' as UK formally notifies EU of intention to leave 29 March 2017, 15:40 CET
The British government duly delivered a letter from Prime Minister Theresa May to the European Council Wednesday, notifying it of the United Kingdom's intention to leave the European Union.

24,000 consumers use online dispute platform in 1st year 29 March 2017, 13:54 CET
Over 24,000 complaints were lodged in the first year of the EU's Online Dispute Resolution platform, launched in February 2016 to help consumers and traders resolve their disputes out-of-court.

Road deaths toll improves but EU targets may not be met 29 March 2017, 13:54 CET
Road safety statistics released Tuesday by the European Commission show a drop of 2 per cent in the number of fatalities recorded across the EU in 2016, which may not be enough to meet targets set for 2020.

EU leaders pledge unity on 60th anniversary of Rome Treaties 28 March 2017, 18:18 CET
Europe's leaders meeting in Rome Saturday for the 60th anniversary of the Rome Treaties, renewed their commitment to the European Union, signing a new Rome Declaration pledging to work for unity at 27.

MEPs back plans to adapt more books for blind people 24 March 2017, 00:13 CET
MEPs on the EU Parliament's legal affairs committee gave their backing Thursday to new draft rules to make more books available in formats designed for blind and visually impaired people.

New push to open up EU financial services market 23 March 2017, 22:51 CET
The EU Commission announced an action plan Thursday to open up Europe's market in financial products such as insurance, pensions, loans, and current or savings accounts to the benefit of consumers.

MEPs seek to deny entry to unregistered lobbyists 22 March 2017, 23:18 CET
EU lobbyists looking to influence legislation should be required to sign the EU's transparency register before being allowed to enter the European Parliament, MEPs in committee said on Tuesday.

EU looks to boost power of national competition authorities 22 March 2017, 22:32 CET
The European Commission set out new rules Wednesday to deepen partnership with national competition authorities by enabling them to be more effective enforcers of the EU's antitrust rules.

Clearer, tougher EU energy labels on the way 22 March 2017, 22:31 CET
A new, tougher, A to G scale showing the energy efficiency of household appliances is set to replace current energy labels, following agreement Tuesday by EU Parliament and Council negotiators.

EU, Japan look to speed up talks on trade deal 22 March 2017, 00:18 CET
The European Union made a renewed push for agreement later this year on a bilateral trade deal with Japan, as the country's prime minister Shinzo Abe met EU leaders in Brussels on Tuesday.

Data plan to make European sea travel safer 22 March 2017, 00:18 CET
The registration of ship passengers in the EU is set to be digitalised to give search and rescue services immediate access to information on the people on board, following draft agreement by the EU Council.

Tusk calls summit for 29 April to set Brexit guidelines 22 March 2017, 00:18 CET
EU Council president Donald Tusk, called European Council for 29th April Tuesday, where EU leaders will adopt the guidelines for the Brexit talks, set in motion by triggering of Article 50, expected 29th March.

EU re-imposes EUR 776m fines on air cargo cartel 21 March 2017, 16:55 CET
The EU Commission re-imposed a fine of EUR 776 million on 11 air cargo carriers Friday for operating a priceā€“fixing cartel, re-adopting a decision annulled by the EU's top Court on procedural grounds.

Online platforms partner with EU to remove unsafe products 18 March 2017, 00:42 CET
The Commission is stepping up cooperation with Amazon, Ebay and Alibaba to more actively tackle potentially unsafe products from websites which sell to consumers in the EU, it announced Thursday.

MEPs vote to stop trade in minerals financing armed conflicts 18 March 2017, 00:41 CET
The EU Parliament approved Thursday new rules to ensure that minerals used by European industries are sourced responsibly, diverting revenues away from rebel groups, conflict, and terror.

New whistleblower tool to help EU fight cartels 17 March 2017, 00:19 CET
A new tool launched Thursday by the European Commission will make it easier for individuals to blow the whistle about secret cartels and other antitrust violations while maintaining their anonymity.

Phone subscriber's data consent valid for all member states: EU Court 16 March 2017, 14:09 CET
A telephone subscriber's consent to having their personal data published in one EU Member State makes it valid for another, the European Court of Justice declared in a ruling on Wednesday.

Action of armed forces in conflicts can be terrorist acts: EU Court 16 March 2017, 00:52 CET
The actions by armed forces during periods of armed conflict, within the meaning of international humanitarian law, may constitute 'terrorist acts', rules the European Court of Justice.

Brussels acts against drug use and trafficking 16 March 2017, 00:02 CET
The EU Commission proposed Wednesday a new action plan on drugs to strengthen the EU's response to the newly-emerging health and security challenges in the area of illicit drug use and trafficking.