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Business news and information from the European Union

EU falling behind on sustainable investments: auditors — 23 September 2021, 18:42 CET

The EU is not doing enough to channel money into sustainable activities, its auditors said Monday, with the transition to a net-zero emission economy requiring significant private and public investment.

'Wise persons' start work on future of EU Customs Union — 22 September 2021, 23:46 CET

The EU Commission announced Friday the launch of a new special group tasked with identifying innovative solutions for the most pressing challenges that face the EU's Customs Union.

EU fund to help mitigate the impact of Brexit — 20 September 2021, 21:58 CET

With trade between the EU and the UK increasingly affected as a result of Brexit, a EUR 5 billion fund is set to support people, companies and countries affected by the UK's withdrawal from the European Union.

EUR 7 billion call for key European infrastructure projects — 19 September 2021, 17:17 CET

A call for proposals launched yesterday under the Connecting Europe Facility (CEF) for Transport programme is making EUR 7 billion available for European transport infrastructure projects.

EU puts forward fishing quotas for Med and Black Seas in 2022 — 19 September 2021, 16:42 CET

A plan for fishing opportunities for 2022 in the Mediterranean and the Black Seas, set out Friday by the EU Commission, reflects its ambition for achieving sustainable fisheries in these two sea basins.

Von der Leyen calls for stronger EU defence cooperation — 15 September 2021, 18:05 CET

In her 'State of the Union' address to the European Parliament Wednesday, Commission president Ursula von der Leyen called on EU member states to step up cooperation on security and defence.

Strengthened EU export controls target dual-use technologies — 15 September 2021, 18:05 CET

New export controls, which entered into force Thursday, will reinforce the EU's response to the threat of 'dual-use technologies' such as cyber-surveillance that can be misused for human rights violations.

EU seeks financial penalties for Poland over judiciary reforms — 09 September 2021, 17:04 CET

The EU Commission sought fines for Poland at the European Court of Justice Tuesday to ensure compliance with two key rulings last July aimed at protecting the independence of Polish judges.

New EU energy labels for lighting products come into force — 09 September 2021, 17:03 CET

A new energy label started appearing on lamps sold across the European Union as from 1 September, helping consumers to get clearer, more helpful information on the energy efficiency of lamps.

70 pct of EU adult population now fully vaccinated — 07 September 2021, 15:56 CET

The European Union reached an important milestone Tuesday when it announced that 70 per cent of its adult population - over 256 million adults - have now received a full vaccine course against COVID-19.

EU sets out Baltic Sea fish quotas for 2022 — 02 September 2021, 00:05 CET

The EU Commission outlined Thursday its proposals for next year's fishing opportunities in the Baltic Sea, on which EU countries will determine how much fish can be caught in the sea basin.

EU consults on chemicals labelling revision — 31 August 2021, 22:22 CET

The Commission launched a public consultation Monday on the revision of the Regulation on the classification, labelling and packaging of chemical substances and mixtures (“CLP Regulation”).

EU strives to get its citizens and local staff out of Afghanistan — 26 August 2021, 23:13 CET

European Union ministers of foreign affairs stressed the need to ensure the safe evacuation of EU citizens and local staff at an extraordinary meeting to consider latest developments in Afghanistan.

EU sends help to Greece as wildfires rage — 09 August 2021, 19:35 CET

The European Union's Civil Protection Mechanism continued to channel support to Greece and other Mediterranean countries Monday as they battle to bring unprecedented forest fires under control.

EU outlines vision for blended education — 09 August 2021, 19:34 CET

The EU Commission outlined measures Thursday to address gaps in education brought on by the Covid-19 pandemic, and also longer-term to 'blend' learning environments in primary and secondary education.

EU opens probe into Facebook's acquisition of Kustomer — 09 August 2021, 19:22 CET

The Commission announced Tuesday it was opening an in-depth investigation into whether Facebook's proposed acquisition of Kustomer would distort competition under the EU Merger Regulation.

Commission acts against 12 EU states over unfair trading practices — 05 August 2021, 22:08 CET

The European Commission opened infringement procedures Tuesday against 12 Member States for failing to transpose EU rules banning unfair trading practices in the agri-food sector.

New EU authority to crack down on money-laundering — 04 August 2021, 00:37 CET

The EU Commission proposed Monday a new authority to combat money laundering, part of a package of measures to strengthen Europe's fight against money laundering and countering terrorism financing.

EU sets out roadmap to climate neutrality in 2050 — 28 July 2021, 00:54 CET

The EU Commission set out a set of climate, energy, transport and taxation policies Wednesday, a wide-ranging package to set Europe's economy on course to a 55% carbon emissions reduction by 2030.

Employers can ban hijab at work, rules EU Court — 20 July 2021, 22:18 CET

An employer may ban the wearing of the Muslim hijab at work, the EU Court of Justice ruled Thursday, there is a need to present a neutral image towards customers or to prevent social disputes.

EU agrees increased public scrutiny of environment-related acts — 16 July 2021, 00:20 CET

The EU Parliament and Member States reached provisional political agreement Monday on amending the Aarhus Regulation to allow for increased public scrutiny of EU acts affecting the environment.

EU fines Daimler, VW EUR 875m for colluding on emissions cleaning — 14 July 2021, 17:55 CET

Daimler, BMW and Volkswagen group breached EU antitrust rules by colluding on technical development in the area of nitrogen oxide cleaning, the European Commission found Thursday.

Faster rebound forecast for European economy — 13 July 2021, 21:13 CET

Europe's economy was forecast to rebound faster than previously expected Wednesday, as the improved health situation prompted a swifter easing of pandemic control restrictions in the second quarter.

EU sets out green finance package — 08 July 2021, 16:30 CET

The EU Commission adopted measures Tuesday to improve the funding of sustainable projects, with an EU Green Bond Standard to facilitate capital flows to green investments and transition projects.

EU code to promote sustainable food system — 07 July 2021, 17:44 CET

65 companies and associations signed a new EU Code of Conduct on Responsible Food Business Monday, with a view to increasing the availability and affordability of healthy and sustainable food options.