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Business news and information from the European Union

2017 eurozone growth fastest in a decade 13 November 2017, 18:58 CET
The eurozone economy is set to grow at its fastest pace in a decade this year, the EU Commission forecast in its Autumn Economic Forecast Thursday, with real GDP growth substantially higher than expected.

EU carbon market reform deal falls short 13 November 2017, 16:46 CET
A tentative deal to redesign one of the EU’s key climate policies, the Emissions Trading Scheme, was reached by the EU institutions Thursday, but it was not welcomed by environmental groups.

New EU gas rules could staunch Russian pipeline 10 November 2017, 00:05 CET
Changes to the Gas Directive proposed Wednesday to ensure that all major gas pipelines entering EU territory comply with EU rules could prove an obstacle to the Russian-backed Nord Stream 2 project.

Inequality still a challenge for education in Europe: report 09 November 2017, 22:44 CET
While Europe's national education systems are becoming more inclusive and effective, a new report also confirms that educational attainment still largely depends on their socio-economic backgrounds.

Weekly rest period allows for flexibility, rules EU Court 09 November 2017, 21:51 CET
A worker's weekly rest period can be granted on any day during each seven-day period, and does not necessarily have to be granted the day following six consecutive working days, the EU Court ruled Thursday.

EU sets out new 2030 targets for clean cars 08 November 2017, 17:08 CET
The European Commission proposed new targets for EU fleet-wide average CO2 emissions of new passenger cars and vans Wednesday, in a bid to accelerate transition to low- and zero emission vehicles.

EU on track for 2020 CO2 emissions targets 08 November 2017, 13:49 CET
Greenhouse gas emissions in the European Union were reduced by 23% between 1990 and 2016, while the economy grew by 53% over the same period, according to the latest Commission report.

Paris is Europe's most innovative city 2017 07 November 2017, 23:16 CET
The city of Paris was awarded the 2017 European Capital of Innovation Tuesday, with a prize of EUR 1,000,000 granted under the EU's Horizon 2020 research and innovation programme.

Brussels presents sustainable fishing plan for 2018 07 November 2017, 18:14 CET
The European Commission presented Tuesday its proposal for next year's fishing quotas in the Atlantic and North Sea, which EU Member States are due to agree at the December Fisheries Council.

UN climate talks begin with call to accelerate action 07 November 2017, 18:11 CET
The 2017 UN climate change conference got under way Monday, aiming for speedier, more ambitious global action on climate change and put the world on a safer, more prosperous development path.

EU Globalisation Fund proves its worth 01 November 2017, 23:36 CET
An EU report on the performance of the European Globalisation Adjustment Fund, published Wednesday, affirms its role in providing support to people losing their jobs as a result of globalisation.

Landmark EU-Cuba agreement enters into force 01 November 2017, 23:01 CET
Provisional application of the European Union's first ever agreement with Cuba, which began 1 November, covers political dialogue, cooperation and sector policy dialogue as well as trade cooperation.

Brussels to probe UK tax scheme for multinationals 29 October 2017, 23:52 CET
The EU Commission opened an in-depth probe Thursday into a UK scheme that exempts certain transactions by multinational groups from the application of UK rules targeting tax avoidance.

EUR 30bn earmarked for EU research projects 2018-2020 29 October 2017, 23:52 CET
The EU announced its work programme for research and innovation funding over the period 2018-2020 Friday, with EUR 30 billion earmarked for supporting scientific excellence under Horizon 2020.

New rules to protect investors and EU economy from bad loans 26 October 2017, 23:41 CET
The EU gave the final approval Thursday to new rules which mean packaged loans converted into securities will have to be made less complex and more transparent before selling them on to investors.

No tax break for bridge, as it's not a sport: EU Court 26 October 2017, 22:56 CET
Bridge is not a 'sport' and cannot be exempt from the EU's VAT Directive, the European Court of Justice court ruled Thursday, though it does come under the concept of 'cultural services'.

EU top Court affirms freedom of establishment 26 October 2017, 00:12 CET
An EU Member State cannot impose mandatory liquidation on firms that transfer their registered office to another state, the European Court of Justice affirms in a ruling upholding freedom of establishment under EU law.

EU votes in stricter limits on exposure to carcinogens at work 25 October 2017, 23:35 CET
Stricter EU rules to better protect workers from exposure to carcinogens at work - which could help save up to 100,000 lives in the next 50 years - won the EU Parliament’s final approval Wednesday.

MEPs demand phasing out of glyphosate weedkiller 25 October 2017, 23:04 CET
The European Parliament voted Tuesday for immediate restrictions on the use of controversial glyphosate-based herbicides, leading to a full ban on use of the substance by December 2022.

Ministers agree position on EU posted workers directive 25 October 2017, 23:04 CET
EU ministers agreed a compromise Monday on the posting of workers directive, allowing posted workers to generally benefit from the same rules governing pay and working conditions as local workers.

Go-ahead for new entry/exit system for EU borders 25 October 2017, 23:02 CET
The European Parliament gave the go-ahead Wednesday to a common electronic entry/exit system to register entry and exit data of non-EU nationals crossing the external borders of EU Member States.

MEPs want EU-wide protection for whistleblowers 24 October 2017, 23:20 CET
Whistleblowers acting in the public interest deserve proper protection and support, MEPs said Tuesday as they called for an EU-wide protection plan giving legal protection against retaliation.

Safer sea travel as EU adopts rules on passenger ships 24 October 2017, 13:39 CET
Tougher safety rules and standards for passengers ships in Europe were given the final go-ahead by EU ministers Monday, as they adopted three directives to simplify and improve passenger safety.

No breakthrough on Brexit at EU summit 20 October 2017, 17:37 CET
Despite an appeal by the British prime minister, a breakthrough on the Brexit talks was not forthcoming on the second day of an EU summit that focused on migration, digital Europe, defence, and external relations.

Migration and Iran head EU summit agenda 19 October 2017, 18:05 CET
On the agenda of EU leaders meeting at a summit on Thursday will be migration, the digital single market, defence and security, relations with Iran, Turkey and North Korea, and the state of the Brexit talks.