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European Union Business News from EUbusiness.com
- High speed internet in Europe is a right, say MEPs — 21 September 2023, 17:54 CET
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A Euro-Parliament committee urged faster deployment of very high-speed networks Tuesday, adopting draft legislation that would reduce the costs and red tape of deploying gigabit-capable networks.
- Green light for EU law to boost judicial cooperation on terrorism cases — 19 September 2023, 16:46 CET
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The EU Council gave its final green light Monday to a law to boost information sharing between states and Eurojust, allowing significant progress in the prosecution of terrorism offences.
- EU, China meet for high-level digital dialogue — 20 September 2023, 23:12 CET
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Platforms and data regulation, artificial intelligence, industrial data and online product safety were among key issues discussed by the EU and China at their second High-level Digital Dialogue Monday.
- EU ends transitional measures for Bulgaria, Romania — 18 September 2023, 17:43 CET
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The EU Commission formally recognised 'important reforms' made by Bulgaria and Romania Friday, as it put an end to transitional measures introduced as part of their accession to the EU in 2007.
- EU issues new Ecolabel criteria for hygiene products, menstrual cups — 14 September 2023, 22:34 CET
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The Commission adopted updated EU Ecolabel criteria for absorbent hygiene products Thursday with stronger standards for tampons, pads and nappies, and new criteria for reusable menstrual cups.
- MEPs look to secure EU supply of critical raw materials — 15 September 2023, 18:04 CET
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The European Parliament adopted its position Thursday on boosting the supply of strategic raw materials, seen as crucial to secure the EU’s transition to a sustainable, digital and sovereign future.
- EUR 15m to support sustainable food and organic farmers in Europe — 13 September 2023, 17:05 CET
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The European Investment Bank signed a venture debt loan of EUR 15 million Wednesday with CrowdFarming, an online platform for European farmers that sell directly to end-consumers.
- 70 pct of jet fuels at EU airports must be green by 2050 — 13 September 2023, 16:59 CET
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The European Parliament approved a new law Wednesday to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector, in order to cut emissions.
- EU to launch anti-subsidy probe into Chinese electric cars — 15 September 2023, 18:05 CET
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The EU is to launch an anti-subsidy investigation into electric vehicles coming from China, Commission chief Ursula von der Leyen announced in her State of the European Union speech Wednesday.
- New EU SME Relief package to tackle late payments — 13 September 2023, 00:08 CET
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The European Commission presented Tuesday a series of initiatives to ease current pressures on smaller businesses (SMEs), including cutting paperwork, simplifying taxes and ensuring they are paid in due time.
- MEPs back plans to boost use of renewable energy — 12 September 2023, 18:02 CET
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Renewables will have to make up 42.5 per cent of the EU's energy consumption by 2030, with the aim of achieving 45 per cent, following MEPs' vote Tuesday to boost the deployment of renewable energy.
- EUR 352m to boost greener mobility in Europe — 12 September 2023, 18:04 CET
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The EU is to provide financial support of EUR 352m to 26 transport infrastructure projects, the Commission said Monday, part of efforts to deliver an environmentally sustainable transport network.
- EU lowers growth forecast as high inflation takes toll — 13 September 2023, 00:07 CET
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The European Union lowered its growth forecast for Europe's economy Monday, with weak demand and consumption, and high and increasing consumer prices taking a heavier toll than expected.
- EUR 166m Horizon Europe funding to boost innovation in space — 11 September 2023, 18:31 CET
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A total of EUR 166 million is being awarded under the EU's Horizon Europe research programme to support 54 space research projects, the European Commission announced on Friday.
- UK to join EU's Horizon Europe, Copernicus programmes — 07 September 2023, 22:28 CET
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The EU Commission and the UK reached political agreement Thursday on the UK's participation in the EU's flagship research programme Horizon Europe and the Copernicus Earth observation programme.
- EU looks to speed up access to social benefits from abroad — 06 September 2023, 23:03 CET
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The Commission proposed to make access to social security services quicker and simpler across borders Wednesday, by making full use of digital tools, reducing administrative burden for citizens and business.
- EU plans disability, parking cards valid in all EU Member States — 06 September 2023, 22:38 CET
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The Commission delivered a legislative proposal Wednesday to ensure people with disabilities will be able to access special conditions, preferential treatment, and parking rights when visiting another EU state.
- EU names six Internet 'gatekeepers' to rein in tech giants' power — 08 September 2023, 23:45 CET
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The EU Commission designated Amazon, Meta and Microsoft as six 'gatekeepers' under the Digital Markets Act Wednesday, giving them six months to ensure full compliance with DMA obligations.
- EU research body awards EUR 628m to 400 early-career researchers — 05 September 2023, 23:27 CET
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Young scientists and scholars across Europe won EUR 628 million of 'Starting Grants' funding, the European Research Council announced on Tuesday.
- Brussels boost for activities of cross-border associations in the EU — 06 September 2023, 18:57 CET
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The European Commission adopted a proposal Tuesday to remove legal and administrative barriers for non-profit associations that operate or wish to operate in more than one EU Member State.
- Brussels opens 'Digital Europe' funding to Turkey — 01 September 2023, 21:53 CET
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The EU Commission signed an association agreement with Turkey for the Digital Europe Programme Friday, allowing Turkish organisations to take part in projects that deploy digital technologies.
- EU package to cut red tape for merging businesses enters into force — 05 September 2023, 23:11 CET
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A package to simplify procedures for reviewing concentrations under the EU Merger Regulation entered into force Friday, benefiting businesses and advisers on preparatory work and related costs.
- Russia's share in EU trade falls below 2 pct — 05 September 2023, 23:25 CET
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EU trade with Russia has been strongly affected by import and export restrictions imposed by the EU following Russia's invasion of Ukraine, the EU's statistical office reported on Friday.
- EU proposes 2024 fish quotas to address 'dire' situation in Baltic Sea — 28 August 2023, 21:22 CET
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The EU Commission adopted its proposal for 2024 fishing quotas for the Baltic Sea Monday, responding to scientific assessment which indicates several fisheries are in a dire situation.
- Business bankruptcies in EU at highest level since 2015 — 28 August 2023, 21:19 CET
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The number of bankruptcies declared by EU businesses in the second quarter of 2023 reached the highest level since the start of the data collection in 2015, the EU's statistical office Eurostat reported Thursday.