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European Union Business News from EUbusiness.com

EU offers full market access to former colonies
The EU offered on Wednesday to scrap most tariffs and quotas on exports from African, Caribbean and Pacific nations to boost talks on new trade pacts, but the proposition quickly met with scorn.

South Korea set to start free trade talks with EU
South Korea will soon start talks with the European Union for a similar free trade agreement that it recently struck with the United States.

Britain's Prince Charles slams 'crazy' EU laws on seeds
Prince Charles describes as "crazy" EU legislation which prevents the sale of seeds from old vegetable varieties.

Eurozone services sector slows slightly in March: survey
Growth in the eurozone 's service sector lost more steam in March but nonetheless remained at a high level.

Eurozone retail sales rise in February after German VAT hike
Retailers in the 13 countries sharing the euro saw their sales rise in February as German spending bounced back from a value added tax hike the previous month, official EU data showed Wednesday.

EU cuts red tape for awarding EU funds
New implementing rules for EU funds will simplify access to EU funding and cut associated administrative burdens, particularly for SMEs.

EU cuts red tape for awarding EU funds
New implementing rules for EU funds will simplify access to EU funding and cut associated administrative burdens, particularly for SMEs.

Japan restricts liquids on planes
Japan has joined North America and the EU in restricting the liquids that can be carried onto airplanes for international flights.

Turkish Cypriot leader hopes for trade breakthrough by June
Turkish Cypriot leader Mehmet Ali Talat expressed optimism Tuesday that the economic isolation of the northern third of the divided island could be over by the end of June.

European Commission action against cartels – Questions and answers
The European Commission defines a cartel as being an illegal secret agreement concluded between competitors to fix prices, restrict supply and/or divide up markets.

EU to propose lifting diesel taxes to avoid 'tank tourism'
The EC is to propose lifting minimum diesel taxes to discourage hauliers from tanking up in countries with low rates.

EU earmarks a billion dollars to combat South African poverty
The EU will hand over EUR 980m to the South African government in the next seven years to help fund anti-poverty programmes

British bird flu outbreak barely scratches sales
Turkey sales in Britain remain largely unaffected by the discovery of lethal Asian-strain bird flu on a farm, with the public taking the latest health scare in their stride, experts said on Tuesday.

EU Commission seeks more smoking bans
The European Commission is to launch a wide debate on increasing smoke-free areas throughout the EU.

Slovenia's changeover to euro runs smoothly
The first hours of Slovenia's changeover from its tolar money to the euro ran smoothly after the tiny nation became the first former communist state to join the EU common currency.

Bulgaria, Romania make it to EU
Former communist states Bulgaria and Romania celebrated Monday their New Year's accession to the European Union even as new EU president Germany warned that painful reforms were still needed.

Britain out to bring new Ukranian government closer to EU
Britain wants to work with the new Ukrainian government to implement the reforms needed to bring the former Soviet republic closer to the European Union fold, the Foreign Office in London said Tuesday.