Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home EU News
Document Actions

EU News

European Union Business News from EUbusiness.com

S&P downgrades EU debt, Commission hits back
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
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.

UK lockdown restrictions lower as US/China tensions rise - Euro currency news daily
Yesterday Boris Johnson announced how Britain will start to lift lock down measures, starting on Monday.

Commission declares 2013 the year of air
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
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.

Eurozone to launch ESM rescue fund
The eurozone finally gets its 500 billion euro rescue fund on Monday when finance ministers meet amid growing uncertainty over Greece's tortuous debt bailout and whether Spain will need help in turn.

EU Transparency Register: over 5,000 interest groups sign up
Over 5,000 interest groups have registered with the European Parliament or European Commission for the EU Transparency Register, in its first year.

Binge drinking more common in northern Europe
The relationship between drinking and damage to one's health is stronger in the Baltic countries and Sweden than in Italy, new research from Europe shows. The findings, published in the journal Alcoholism: Clinical & Experimental Research, suggest that the northern part of Europe tends to report higher alcohol-harm relationships because of a stronger propensity to indulge in heavy episodic drinking, what experts label 'binge drinking'.

Boost for Enterprise Europe Network in Asia, North Africa
The European Commission is extending the reach of the Enterprise Europe Network - its business and innovation support network for SMEs - by opening new contact points in Japan, as well as doubling its presence in China. The aim, it says, is to see more European small and medium sized enterprises (SMEs) profit from the fast growing markets in Asia, Latin America and Eastern Europe.

Italy's Tremonti to meet eurozone's Juncker Wednesday
Italian finance minister Giulio Tremonti will hold talks on Wednesday in Luxembourg with eurozone chief Jean-Claude Juncker, as pressure intensified on Rome on government bond markets.

Funding boost of EUR 7bn for Innovation Union
Research is set to remain high on the EU's political agenda as Research, Innovation and Science Commissioner Máire Geoghegan-Quinn announces the release of nearly EUR 7 billion for stimulating European innovation through research funding.

EU set to release more loans to keep Greece afloat
Eurozone finance ministers, gathering in Luxembourg Sunday, were set to release more loans to keep Athens from default in the summer and mull the shape of a second major bailout to appease nervous markets.

Innovation Scoreboard: EU innovation good but not great
Innovation performance continues to intensify in the EU thanks to progress made by its Member States but Europe continues to lag behind Japan and the US, according to the first edition of the new Innovation Union Scoreboard.

EU Court refuses trademark for chocolate rabbits
Chocolate rabbits or reindeer with red ribbons around their neck cannot be registered as Community trademarks, the General Court has ruled, in response to recent claims by chocolate manufacturers.

Commission fined EUR 12m for copyright infringement
In a peculiar case of non-contractual liability, the European Commission has been ordered to pay a total of EUR 12 million to Systran, a language translation software company, after the ECJ's General Court ruled that the Commission acted unlawfully.

E.on's EUR 38m fine upheld by General Court
The General Court has upheld a fine originally imposed by the Commission on E.on AG for having tampered with a seal affixed to one of E.on's offices which was being used for internal investigation.

E-commerce disputes are limited by protective Jurisdiction says EU Court
The mere fact that a company offers their service via the Internet does not mean that they are being directed to consumers in other Member States, according to a recent ruling from the European Court of Justice. The ruling highlighted the importance of protective jurisdiction for the consumer in cases of commercial disputes.

Ministers move forward on EU patent
'At today's Competitiveness Council, 11 Member States stated their agreement to work to implement the European patent via the procedure of enhanced cooperation,' announced Belgian Minister for Enterprise and Simplification Vincent Van Quickenborne on 10 December. His words mark the beginning of the end of a decades-long impasse on the difficult issue of a single European patent.

Contact lens law is clarified by EU Court
Banning the sale of contact lenses on the Internet on the grounds of consumer health is disproportionate to consumer health requirements, the European Court of Justice has ruled.

Three new energy research infrastructures get green light
Three new European energy research infrastructures have been given the go-ahead by European research ministers and the European Commission. The announcement was made at the Infrastructures for Energy Research conference (ENERI 2010) in Brussels, Belgium on 29 and 30 November.

Arrest warrants to be executed, even in case of double jeopardy
The framework Decision on the European arrest warrent should be respected by the judicial authority which arrests the accused, declared the The Grand Chamber European Court of Justice (ECJ) on 17 November 2010. The ECJ noted that it should also prevent them from refusing to surrender the accused to the judicial authority from whom the arrest warrant was issued.

Portugal's golden shares in EDP are unlawful
The European Court of Justice (ECJ) ruled that by retaining special rights attributed to it by means of Golden Shares in Energias de Portugal, the Portuguese State has failed to fulfil its obligation to the fundamental principle of the free movement of Capital.

EU Court shakes up transparency laws in favour of beneficiaries of CAP funding
On 9 November 2010, the European Court of Justice (ECJ) ruled that the publlication of the names and information of the beneficiarries of the European Agricultural fund, and the exact amount recieved, constitutes a disproportionate measure with respect to the provisions on transparency.

Europe in full throttle for e-services economy
Europe's revolution in the e-services economy is advancing strongly, with the video games industry playing a crucial role in its success, says a new report published by the European Commission's Joint Research Centre (JRC) on 18 November.

EU making sure Holocaust never happens again
The Holocaust, the genocide of some 11 million Europeans, including Jews, Romani and homosexuals during the Second World War, will forever remain in our minds and history books as one of the most horrific events of our world. Seeking to get a handle on the dispersed information available for Holocaust research across Europe and elsewhere is a key objective of European researchers. Enter the European Holocaust Research Infrastructure (EHRI) project, whose partners will consolidate existing Holocaust archives into a single online database.