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Business news and information from the European Union

Trade surplus for EU in February of EUR 3.0 bn 16 April 2016, 00:50 CET
The EU recorded a surplus in trade in goods with the rest of the world of EUR 3.0 bn in February, compared with +EUR 1.8 bn in February 2015, according to first estimates from Eurostat, the EU's statistical office.

Eurozone industrial production down 0.8 pct 14 April 2016, 23:07 CET
In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.8% in the euro area and by 0.7% in the EU28, according to estimates from Eurostat, the EU's statistical office.

Visa reciprocity with US, Canada & Brunei: EU mulls next move 14 April 2016, 22:31 CET
With the U.S., Canada and Brunei continuing to apply visa requirements for citizens of some EU Member States, the European Commission has assessed the legal, political and economic consequences of a possible temporary suspension of the visa waiver with these countries.

'Trade secrets' directive given EU green light 14 April 2016, 17:45 CET
Euro-MPs gave the green light Thursday to new EU rules to help firms win legal redress against theft or misuse of their trade secrets. The legislation ensures freedom of expression and information, so that the rules do not restrict the work of journalists.

MEPs back EU directive on use of Passenger Name Records 14 April 2016, 17:31 CET
Airlines will have to hand national authorities passengers' data for all flights from third countries to the EU and vice versa under a directive regulating the use of Passenger Name Record data in the EU, approved by the European Parliament.

MEPs back restrictions on glyphosate herbicide 14 April 2016, 17:30 CET
Members of the European Parliament called Wednesday for a ban on all uses of glyphosate-based herbicides in private and public green areas, including spraying in and around public parks, playgrounds and gardens.

Capacity mechanisms show 'significant shortcomings' in efforts to secure energy supplies 13 April 2016, 23:31 CET
Capacity mechanisms have a role in increasing security of electricity supply but many EU Member States must be more thorough assessing need and design to ensure they are targeted and cost-effective.

EU proposes tax transparency for multinationals 13 April 2016, 18:21 CET
Multi-national companies operating in Europe will be required to publish country-by-country information on the tax they pay, according to new proposals announced by the European Commission on Tuesday.

Public confidence in judicial independence found wanting in several EU Member States 13 April 2016, 00:22 CET
The independence of the judicial systems of EU Member States came under scrutiny on Monday with the EU's 2016 Justice Scoreboard showing persistently low levels of public trust in some countries.

Euro area house prices grew 2. 9 pct in Q4 2015 12 April 2016, 13:32 CET
House prices rose 2.9 per cent in the euro area and 3.8 per cent in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year, according to the EU's statistical office Eurostat.

Commission unveils upgrade for EU VAT system 12 April 2016, 00:58 CET
Europe's VAT rules are to be made simpler, more fraud-proof and business-friendly as a result of European Commission plans to reboot the current EU VAT system.

EU set to strengthen data protection rules 12 April 2016, 00:57 CET
The EU is set to give the final nod to a legislative package on reform of its data protection rules, following first reading adoption by the Council.

EU boosts aid to Ethiopia after worst ever El Nino 08 April 2016, 23:01 CET
The European Commission has announced aid for Ethiopia worth some EUR 122.5 million, amidst a worsening humanitarian situation caused by one of the most severe extreme El Nino weather phenomenon on record.

EU initials partnership agreement with Malaysia 07 April 2016, 18:45 CET
The chief negotiators of the European Union and Malaysia have initialled text of an EU-Malaysia Partnership and Cooperation Agreement at a ceremony held at the Ministry of Foreign Affairs of Malaysia in Putrajaya. The initialling marks the successful closure of negotiations that started in October 2010.

EU aid for children's education in conflict zones 06 April 2016, 12:49 CET
The European Commission announced on Tuesday a EUR 52 million humanitarian aid package aimed at educational projects for children caught up in conflict zones and other emergencies in 2016.

Horizon 2020: first impressions 25 November 2014, 15:35 CET
Horizon 2020, the EU’s biggest ever research and innovation programme, kicked off at the beginning of 2014. Worth EUR 80 billion and running over seven years, Horizon 2020 promised a simple structure that reduced red tape and time so participants could focus on what is really important. Has this been the experience of participants so far?

Top inventors honoured at European Inventor Award 2014 26 June 2014, 13:14 CET
Inventors from Belgium, Denmark, France, Germany, UK, Japan and the US scooped top honours at the European Inventor Award 2014 in Berlin last week.

An environmental standards information portal for Europe 05 June 2014, 21:52 CET
In Europe, we have a vast wealth of research results that support standards in relation to environmental aspects such as air, water, soil and waste. SIPE ('An environmental Standards Information Portal for Europe'), an EU-funded project, brings all these results together and combines them with information on standards and policies in a single dedicated web-based portal.

March 2014: Business and Consumers surveys 28 March 2014, 13:38 CET
March 2014: Business and Consumers surveys

Major Russian Gas Pipelines to Europe 20 March 2014, 15:39 CET
Major Russian Gas Pipelines to Europe - Image Samuel Bailey

Western Balkans gearing up for Horizon 2020 26 February 2014, 17:47 CET
While the scientific performance of the Western Balkan countries (WBCs) has improved in recent years, it still lags behind that of EU countries, both in terms of quantity and quality.

S&P downgrades EU debt, Commission hits back 22 December 2013, 13:21 CET
The Standard and Poor’s ratings agency downgraded the European Union’s credit-worthiness by one notch on Friday, blaming threats to cohesion including Britain’s role in curtailing budgets and holding a membership referendum.

Indonesia, EU seal pact to stop illegal timber exports 01 October 2013, 13:10 CET
Indonesia, Asia's leading exporter of timber to Europe, on Monday signed a long-awaited pact with the European Union to fight the trade in illegal timber, a driver of environmentally damaging deforestation.

Commission declares 2013 the year of air 17 January 2013, 22:11 CET
The European Commission has declared 2013 the year of air, with new proposals on improving air quality across Europe.

European leaders seek Asian support on debt crisis 05 November 2012, 11:38 CET
European leaders flew to impoverished Laos Monday on a mission to reassure Asia they are finally getting a grip on the eurozone debt crisis during a major summit in the tiny landlocked nation.