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

Brexit: EU formally adopts Article 50 extension to Jan 31
'Make the best use of this time", EU Council president Donald Tusk told the United Kingdom Tuesday, as the EU formally extended the period under Article 50 in which Britain can withdraw from the EU.

EU SME funding needs better management: auditors
With Brussels allocating over EUR 3.3 bn investment in innovative start-ups through venture capital funds between 2014 and 2022, a comprehensive investment strategy is needed, say EU auditors.

Multinationals must disclose where they pay taxes, say MEPs
The European Parliament adopted a resolution Thursday urging EU Member States to get moving on long-overdue rules which would oblige multinationals to disclose what taxes they pay in each country.

Brussels sets out quotas for Atlantic, North Sea fishing
Ahead of a 16-17 December Fisheries Council meeting, the European Commission on Thursday adopted its proposal for fishing opportunities in 2020 for 72 stocks in the Atlantic and the North Sea.

Rubik's Cube loses its EU trademark
The EU Court confirmed Thursday cancellation of the EU trade mark consisting of the shape of the ‘Rubik’s Cube’, saying the shape was a consequence of a technical solution and could not be registered.

EU-US privacy shield review finds room for improvement
The U.S. is ensuring adequate protection for personal data transferred under the 'Privacy Shield' from the EU to participating companies in the States, says the EU's third review, but there is room for improvement.

MEPs block watering down of measures to protect bees
The European Parliament sent an EU regulation to protect bees from harmful pesticides back to the drawing board Wednesday, when MEPs blocked a move by EU Member States to water down the legislation.

EU raises concerns over rule of law in Romania
Romanian authorities have backtracked in relation to developments on judicial reforms and the fight against corruption, the EU Commission reported Tuesday, while Bulgaria is meeting accession commitments.

UK's extension request to be treated "with all seriousness"
Addressing the European Parliament as EU Council president for the last time, Donald Tusk told MEPs the EU would treat the UK's extension request 'with all seriousness', and is ready for every scenario.

.eu domain name to extend its horizons
13 years after .eu's initial launch, Europeans living outside the European Union will from October 2019 have the right to register for a .eu top-level domain - no matter where in the world they are residing.

EU leaders endorse Boris Johnson's Brexit deal
"We've got a great new deal that takes back control," said British prime minister Johnson after EU leaders at a summit Thursday endorsed a revised UK withdrawal agreement and political declaration.

EU agencies need to improve financial management: auditors
While confirming positive results in previous years, EU agencies need to tighten up financial management, especially in the way they conduct public procurement, EU auditors said in a report Wednesday.

European Labour Authority begins work
Commission president Jean-Claude Juncker launched a new EU agency Wednesday, the European Labour Authority, which began work by holding its first Management Board meeting in Brussels.

US chipmaker ordered by EU to stop 'anticompetitive practices'
Broadcom, the world's leading supplier of chipsets used for TV set-top boxes and modems, must stop applying exclusivity provisions in agreements with its top customers, the Commission ordered Wednesday.

Brussels consults on implementation of Basel III reforms
The EU Commission has launched a public consultation on implementation of the Basel III standards - the reforms to improve the regulation, supervision and risk management in the banking sector.

Trade network helps EU counter global economic uncertainties
As more EU trade agreements enter into force, European companies are making good use of opportunities created by the EU's trade network - the largest in the world - the Commission said in a report Monday.

EU sets its sights on huge potential of blockchain
Blockchain, the technology behind bitcoin and other cryptocurrencies, has the potential to transform the way we exchange a much wider range of assets, according to a new report from the EU's research centre.

Russian propaganda singled out as EU moves against fake news and foreign electoral interference
The threat to democracy posed by the "highly dangerous nature of Russian propaganda" was singled out by the European Parliament Thursday as it called for stronger action to counter disinformation.

EU centre to combat fake news: call for tenders
The European Commission published Monday a call for tenders to create the first core service of a digital platform to help fight disinformation, or fake news, in Europe.

New EU law to help protect whistleblowers from 2021
The EU formally adopted Monday a new set of rules to guarantee a high level protection to whistleblowers across a wide range of sectors including public procurement, financial services and money laundering.

Latest UK Brexit proposal holds no basis for agreement, say MEPs
The UK's 'last minute proposals' do not, in their current form, represent a basis for an agreement to which the European Parliament could give consent, an EU Parliament committee said on Thursday.

EU Court forces global deletion of defamatory comment on Facebook
Facebook can be ordered to seek and remove, among shared user content, defamatory content which is identical to content already characterised as illegal, the EU Court of Justice ruled on Thursday.

Eastern & Southern African countries look to reinforce trade ties with EU
The EU began talks Wednesday with five Eastern and Southern Africa countries (Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe) to deepen their current Economic Partnership Agreement.

Internet cookies 'consent or be tracked' is not an option: EU Court
Internet 'cookies' can only be set if users have given consent that is valid under the General Data Protection Regulation (GDPR), and a pre-ticked checkbox is insufficient, the EU's top Court ruled on Tuesday.

New EU push for safer, more repairable appliances
The EU Commission proposed Tuesday new 'eco-design' measures to improve the repairability and recyclability of household products such as refrigerators, washing machines, dishwashers and televisions.