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VAT fraud costs the EU EUR 50 billion a year: report
EU countries lost almost EUR 150 billion in VAT revenues in 2016, of which EUR 50 bn went to the benefit of criminals, according to a new study published Friday by the European Commission.

EU-Canada trade deal: early signs positive for EU business
Early signs from the trade agreement between the EU and Canada, which entered into force a year ago, are that it is starting to deliver for EU businesses, large and small, with exports up in many sectors.

U.S. now EU's main supplier of soyabeans
The U.S. has become Europe's main supplier of soyabeans, reaching a 52% share compared to 25% in in the same period last year, according to figures published Thursday by the EU Commission.

EU reaches out to Asia with infrastructure plan
The EU Commission and foreign policy chief Federica Mogherini adopted a Joint Communication Wednesday setting out a vision for a new and comprehensive strategy to better connect Europe and Asia.

EU leaders reject Britain's 'Chequers plan' for Brexit
EU leaders at a summit Thursday rejected the 'Chequers plan' of UK prime minister Theresa May, saying its framework for economic cooperation would not work, and risked undermining the single market.

McDonald's tax treatment in Luxembourg not illegal, says EU
The non-taxation of certain McDonald's profits in Luxembourg did not lead to illegal State aid, being in line with national tax laws and the Luxembourg-United States Double Taxation Treaty, the EU has ruled.

BMW, Daimler, VW group in EU collusion probe on clean emission technology
The EU Commission opened an investigation Tuesday into whether BMW, Daimler and VW colluded to avoid competing on the development of technology to clean the emissions of petrol and diesel cars.

EU puts forward ideas to reform 'outdated' WTO
A day after US President Trump announced tariffs on $200 billion of Chinese goods, the EU put forward proposals to upgrade World Trade Organisation rules, which it says are outdated and often ignored.

Court upholds EU sanctions against Russian banks
The General Court of the EU upheld Thursday restrictive measures taken by the EU Council against a number of Russian banks and oil and gas companies in connection with the crisis in Ukraine.

MEPs' copyright changes put pressure on tech giants
Internet tech giants including Google and Facebook could be made to monitor, filter and block internet uploads under amendments to the draft Copyright Directive approved by the EU Parliament Wednesday.

Brussels moves to end seasonal clock changes in Europe
The EU Commission proposed Wednesday to end seasonal clock changes in Europe in 2019, with Member States free to decide once and for all whether they want to permanently apply summer- or wintertime.

Terrorist content removed from web in 1 hour under new EU rules
In his State of the Union address to the EU Parliament Wednesday, Commission president Jean-Claude Juncker outlined new rules which would get terrorist content off the web within one hour.

Juncker 'State of Union' speech focuses on migration issues
EU Commission president Jean-Claude Juncker used his 'State of the Union' address to the European Parliament Wednesday to put forward a raft of measures to tackle Europe's migration crisis.

EU Parliament demands urgent action to meet 2020 goal on deforestation
The EU Parliament demanded swift action from the European Commission Tuesday to cut Europe’s footprint on the world’s forests and its impact on climate change, species loss and human rights violations.

Air pollution causes 400,000 premature deaths in EU: report
Air pollution causes about 400,000 premature deaths in the EU and hundreds of billions of euros in health-related external costs, says a new report on the impact of EU action to protect human health from its effects.

Dismissal of Catholic doctor for remarriage discrimination: EU Court
A Catholic hospital's dismissal of a doctor from a managerial position due to his remarriage after divorce may constitute unlawful discrimination on grounds of religion, the EU's top Court ruled Tuesday.

EU, Japan edge towards data protection deal
Following the July conclusion of EU-Japan talks on personal data flows, the Commission launched Thursday a procedure for adoption of its decision on data protection adequacy between the two blocs.

September switch-off for halogen light bulbs in EU
Energy intensive and inefficient halogen light bulbs can no longer be sold across the EU as of 1 September, helping consumers save on energy bills and helping the EU to reduce greenhouse gas emissions.

Brussels looks to end clock changes in Europe
The EU Commission intends to put forward proposals for ending daylight saving clock changes in Europe, following preliminary results of a public consultation on clock changes, published on Friday.

Further EU relief for drought-suffering farmers
Practical support for Europe's farming sector, including further flexibility to provide sufficient feed for animals was proposed by the EU Commission Thursday to help farmers hit by this summer's drought.

EU provides Iran with EUR 18m development support
The Commission adopted Thursday a first package of EUR 18 million for projects in support of sustainable economic and social development in Iran, including EUR 8m aid to the private sector.

Greece begins new chapter as EU bailout ends
Greece regained its place 'at the heart of Europe' Monday as the EU brought to an end its three-year bailout programme with praise for the efforts of the Greek people and the country's commitment to reform.

EU steps up legal action against Poland over judicial independence
The European Commission took another step in its infringement procedure against Poland over the rule of law Tuesday, pursuing efforts to protect the independence of the Polish Supreme Court.

Russia loses WTO claims against EU energy policy
Russia lost most of its claims against EU energy policy measures at the World Trade Organisation Friday, over alleged incompatibility of the EU's third energy package with the multilateral trade rules.

European firms get EU protection from Trump Iran sanctions
As the first batch of re-imposed US sanctions on Iran take effect, the EU's updated 'Blocking Statute' entered into force early on 7 August to mitigate their impact on EU companies doing business in Iran.