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Business news and information from the European Union

EU-Japan reinforce relations — 17 May 2022, 19:13 CET

The EU and Japan took steps to strengthen relations Thursday, in digital technologies, trade and investments, climate action, biodiversity protection, sustainable development and security.

EU mulls tougher law on environmental liability — 16 May 2022, 21:17 CET

The EU Commission launched a consultation Thursday on the Environmental Liability Directive, the EU framework to prevent and remedy damage to land, water and biodiversity based on the 'polluter pays' principle.

EU to bolster financial sector's defence against cyber-attacks — 12 May 2022, 22:48 CET

EU Parliament and Council provisionally agreed Tuesday to strengthen the IT security of Europe's financial sector, to ensure it can maintain resilient operations in any severe operational disruption.

EU strategy to make Internet safer for children — 12 May 2022, 22:47 CET

The EU adopted Wednesday a new European strategy for 'a Better Internet for Kids', aiming to improve age-appropriate digital services and ensure every child is protected, empowered and respected online.

Europe's efforts on battery production under EU scrutiny — 11 May 2022, 23:33 CET

The EU's auditors launched an audit Tuesday to look into the effectiveness of Commission efforts to develop a globally competitive and sustainable value chain for batteries in the European Union.

EU consults on Payments Services Directive review — 10 May 2022, 23:23 CET

The European Commission launched a public consultation Tuesday to gather evidence for the revised Payment Services Directive review and to inform its work on open finance.

Boost for EU research in green and health innovation — 10 May 2022, 23:14 CET

An amendment to the Horizon Europe Programme, adopted Tuesday by the EU Commission, increases its budget by nearly EUR 562m to support innovative solutions to green, health and digital challenges.

EU moves to regulate 'distortive' foreign subsidies — 09 May 2022, 23:06 CET

EU institutions adopted their position Thursday on a regulation on foreign subsidies distorting the internal market, aiming to ensure a level playing field for all companies operating in the market.

EU strengthens Eurojust role on war crimes — 09 May 2022, 23:04 CET

EU states adopted a mandate Friday on new rules which will allow the judicial cooperation agency Eurojust to preserve, analyse and store evidence relating to core international crimes, such as war crimes.

EU vows to deliver on Future of Europe conclusions — 09 May 2022, 23:04 CET

Climate change, the economy, health and social justice were at the heart of a set of 49 proposals to reform the EU, presented on Europe Day Monday in the final report of the Future of Europe conference.

Apple 'restricted access to key payments technology' — 05 May 2022, 23:22 CET

The EU Commission informed Apple Tuesday of its preliminary view that it abused its dominant position in markets for mobile wallets on iOS devices by limiting access to contactless payments technology.

EU stands ready to help rebuild Ukraine and its economy — 05 May 2022, 23:07 CET

The EU stands ready to help rebuild Ukraine after the war, Commission president Ursula von der Leyen said at a donor's conference Thursday, proposing the EU start working on an ambitious recovery package.

EU moves to suspend import duties for Ukraine exports — 03 May 2022, 23:38 CET

The Commission proposed Wednesday a one-year suspension of import duties on all Ukrainian exports to the EU, as well as anti-dumping and safeguard measures in place on Ukrainian steel exports.

EU prepares for next pandemic phase — 03 May 2022, 23:37 CET

Action must be taken by autumn to ensure vigilance and coordination of health preparedness, the Commission said Thursday as it set out proposals to manage the current COVID-19 pandemic and prepare for the next one.

EU joins international declaration in defence of global open Internet — 28 April 2022, 23:23 CET

The European Union, United States, and 60 international partners proposed Thursday a Declaration for the Future of the Internet, setting out the vision and principles of a trusted Internet.

EU's Schengen visa process set to go digital — 27 April 2022, 23:27 CET

The Schengen visa process is set to be replaced by a visa sticker, following an EU proposal Wednesday which introduces the possibility to submit visa applications online through the European online visa platform.

EU's IP protection 'not as effective as it could be' — 27 April 2022, 23:04 CET

The EU’s legal framework for protecting intellectual property, in particular in the EU Designs Directive and fees mechanism, is not as effective as it could be, the EU's auditors warned in a report Tuesday.

EU looks to legal migration to help meet skills needs — 27 April 2022, 22:52 CET

The EU Commission proposed Wednesday a set of legal, operational and policy initiatives to improve migration management to the benefit of the EU economy and strengthen cooperation with non-EU countries.

European researchers awarded EUR 624m grants — 26 April 2022, 22:59 CET

The European Research Council announced Tuesday the winners of its latest Advanced Grants competition, with funding worth EUR 624 million going to 253 leading researchers across Europe.

Motor vehicles, toys most notified unsafe products in EU: report — 25 April 2022, 18:08 CET

Cars are at the top of the list of notified unsafe products, followed by toys, the European Commission said in its annual 'Safety Gate' report on dangerous non-food products, published Monday.

Digital Services Act to make online environment safer — 25 April 2022, 17:49 CET

EU negotiators agreed Friday on landmark rules to make social media platforms take measures to protect their users from illegal content, goods and services and protect their fundamental rights in the digital sphere.

EU, India to launch EU-India trade council — 25 April 2022, 17:35 CET

The European Union and India agreed Monday to launch the EU-India Trade and Technology Council, as a concrete effort to strengthen the decades-long EU-India partnership.

Brussels proposes new measures to support fisheries sector — 14 April 2022, 23:52 CET

The European Commission proposed Thursday a package of additional crisis measures to support the EU fishery and aquaculture sectors in the context of Russia's invasion of Ukraine.

EU announces EUR 1 billion commitments to protect the ocean — 14 April 2022, 23:47 CET

The EU at a conference renewed its pledges towards international ocean governance, presenting a list of 44 commitments for the 2020-2022 period for an amount of almost EUR 1 billion.

EU increases supplies of military equipment to Ukraine — 14 April 2022, 23:40 CET

The European Union added EUR 500 million to resources under its 'European Peace Facility' to supply military equipment to the Ukrainian Armed Forces, thereby tripling the initial budget to EUR 1.5 billion.