EU News

European Union Business News from EUbusiness.com

New EU emergency support to refugees in Greece — 13 September 2016, 14:25 CET

The European Union has stepped up funding for refugees migrants and asylum seekers in Greece, with EUR 115 million in new funding for humanitarian organisations operating in the country.

Go-ahead for largest ever EU humanitarian aid programme in Turkey — 08 September 2016, 23:09 CET

The EU announced Thursday the largest ever EU humanitarian aid programme, signing a contract with the World Food Programme to provide EUR 348 million in aid for Syrian refugees in Turkey.

£82m EIB backing for Humber Gateway offshore transmission link — 08 September 2016, 00:23 CET

The EU's investment bank is to provide GBP 82 million for the purchase, operation and maintenance of a new electricity transmission connection between the Humber Gateway offshore wind farm and the UK's national electricity network.

EU Court rules for Sony in pre-installed Windows case — 07 September 2016, 23:40 CET

The sale of a computer equipped with a pre-installed copy of Windows does not in itself contravene EU rules on unfair commercial practices, the European Court of Justice ruled on Wednesday.

Single certificate to tighten EU airport security — 08 September 2016, 23:11 CET

Tighter security for Europe's airports is promised as a result of a new EU proposal for a single Europe-wide certification procedure for aviation security screening equipment unveiled on Wednesday.

EUR 160 billion VAT gap "unacceptable", says EU — 07 September 2016, 22:45 CET

EU Member States lost a staggering EUR 159.5 billion in uncollected VAT revenue in 2014, according to figures released by the European Commission on Tuesday in support of its case for VAT reform.

Dieselgate: EU prepares case against VW — 07 September 2016, 22:46 CET

A majority of EU Member States have found breaches of EU rules on unfair commercial practices, the Commission has found in preliminary investigations into the Volkswagen 'dieselgate' scandal.

EU proposes ban on new psychoactive substance — 01 September 2016, 00:15 CET

The European Commission proposed Wednesday to subject the new psychoactive substance MDMB-CHMICA, sometimes referred to as 'Black Mamba', to control measures across the European Union.

Car emissions tests too vague, 'Dieselgate' enquiry told — 31 August 2016, 23:44 CET

EU car emission rules had lacked clarity, said Guenter Verheugen, EU Industry Commissioner from 2004 to 2010, as he appeared before the European Parliament's enquiry committee into the 'Dieselgate' scandal Wednesday.

EUR 13 bn Ireland tax aid to Apple illegal, says EU — 31 August 2016, 23:49 CET

Ireland must recover undue tax benefits of up to EUR 13 bn granted to Apple, the EU Commission said Tuesday. This is illegal under EU state aid rules, as it allowed Apple to pay substantially less tax than other businesses.

EU defends Greek deficit statistics — 30 August 2016, 18:44 CET

The European Union has defended the credibility of Greece's statistics body ELSTAT, as its former head Andreas Georgiou remains under threat of prison over reporting Greece's huge deficit in 2009.

Leaders look to safeguard future of Europe — 30 August 2016, 18:45 CET

Europe's Italian, French and German leaders meeting to chart the future of the EU following Britain's Brexit referendum have promised to secure Europe's future and uphold European values.

WTO rules Russian EU pork ban illegal — 25 August 2016, 00:51 CET

Russia's import ban on live pigs, fresh pork and other pig products from the EU was declared illegal by the World Trade Organization Friday in the light of international trade rules.

EU Ecolabel: new criteria for computers and shoes — 23 August 2016, 01:03 CET

New ecological criteria under the EU Ecolabel scheme for computers, shoes and furniture and footwear were adopted Wednesday by the European Commission.

Spain, Portugal escape EU budget fines — 09 August 2016, 19:11 CET

EU Member States agreed Monday to waive fines on Portugal and Spain for failing to take effective action to correct their excessive budget deficits, setting new deadlines for corrective action.

EU slaps anti-dumping duties on Chinese, Russian steel — 09 August 2016, 19:08 CET

The European Union slapped anti-dumping duties on 'cold rolled steel' from China and Russia on Thursday, with the stipulation that they should remain in place for five years.

EU - U.S. Privacy Shield goes operational — 04 August 2016, 23:41 CET

From 1 August, companies can sign up to the Privacy Shield with the U.S. Department of Commerce who can verify their privacy policies comply with data protection standards required by the EU-U.S. agreement signed 12 July.

Systemic threat to rule of law in Poland, says EC — 04 August 2016, 23:41 CET

There is a 'systemic threat' to the rule of law in Poland, the European Commission said as it sent the country recommendations over the independence of the country's judiciary.

Retiring employee still due annual leave allowance — 21 July 2016, 23:36 CET

An employee ending his employment of his own will is nevertheless entitled to an allowance if he was not able to use up all or part of his right to paid annual leave, the EU Court ruled Wednesday.

ECB holds off action post-Brexit vote — 21 July 2016, 18:32 CET

The European Central Bank kept interest rates unchanged Thursday, with ECB president Mario Draghi suggesting financial markets had weathered a spike of uncertainty and volatility following the UK's Brexit referendum.

Brussels sticks to its guns on posting of workers — 21 July 2016, 00:47 CET

Following a review of its proposal to revise the Posting of Workers Directive, the EU Commission concluded Wednesday that the proposal does not constitute a breach of the subsidiarity principle.

New EU climate proposal to cut emissions in all sectors — 20 July 2016, 23:32 CET

The European Commission released a new proposal Wednesday to accelerate transition to low-carbon economy by cutting emissions in transport, agriculture and buildings sectors by 2030.

EU takes action at WTO over Chinese raw materials — 01 August 2016, 23:57 CET

The European Union has launched its third action against China at the World Trade Organization, this time against Chinese restrictions on export of raw materials essential for European industries.

Truck producers hit by record EUR 2.93 bn cartel fine — 19 July 2016, 23:51 CET

The EU Commission on Tuesday fined truck producers - including Volvo/Renault, Daimler, Iveco and DAF - a total of EUR 2.93 billion for participating in a cartel and breaking EU antitrust rules.

Post-UK vote uncertainty could hit EU recovery — 19 July 2016, 23:23 CET

With markets and exchange rates affected by uncertainty and volatility, the European Commission published Tuesday its first assessment of the economic outlook for the EU after the UK's 23 June referendum.