EU News

European Union Business News from EUbusiness.com

EU Council adopts new regulation on batteries and waste batteries — 10 July 2023, 23:58 CET

The EU Council adopted Monday rules to strengthen sustainability rules for batteries, regulating the entire life cycle of batteries to ensure that they are safe, sustainable and competitive.

EU confirms adequacy of US data protection framework — 10 July 2023, 23:41 CET

The United States ensures an adequate level of protection for personal data transferred from the European Union to US companies under the new framework, the EU concluded on Monday.

Brussels adopts rules for implementing Foreign Subsidies Regulation — 10 July 2023, 18:26 CET

The EU Commission adopted Monday rules for implementing the Foreign Subsidies Regulation (‘FSR'). The Implementing Regulation details procedural aspects of the implementation of the FSR.

EU renews mobile roaming agreement for Ukraine refugees — 10 July 2023, 18:31 CET

EU telecoms operators on Sunday extended by another twelve months their agreement which allows displaced refugees from Ukraine to stay connected across borders.

Commission invites offers for second joint gas purchasing — 07 July 2023, 21:58 CET

The European Commission invited 'reliable international gas suppliers' to submit offers Friday under the second EU joint gas purchasing tender, which runs from 7 July to 10 July.

Brussels opens probe into Amazon's iRobot buy — 07 July 2023, 21:50 CET

The EU Commission opened an investigation Friday to assess, under the EU Merger Regulation, whether the proposed acquisition of iRobot by Amazon will restrict competition in robot vacuum cleaners.

EU to boost production of ammunition for Ukraine — 07 July 2023, 21:55 CET

EU Parliament and Council negotiators informally agreed Thursday on plans to increase EU production of ammunition and missiles to address the current shortage, with a budget of EUR 500 million.

Europe's innovation performance still strong — 06 July 2023, 22:29 CET

Despite recent crises, EU Member States and their regions kept improving their innovation performance in 2023, according to the European Innovation Scoreboard published Thursday.

EU's labour, skills shortages persist: report — 06 July 2023, 21:56 CET

EU labour markets showed remarkable resilience in 2022 in the face of the economic slowdown from Russia's invasion of Ukraine, but labour and skills shortages persist, the EU's 2023 employment report shows.

Sustainability, wellbeing at heart of Europe's 'Open Strategic Autonomy' — 06 July 2023, 21:42 CET

Sustainability and people's wellbeing should be at the heart of Europe's strategic foresight, the European Commission said on Thursday in its 2023 Strategic Foresight Report.

EU rule of law report focus on judicial independence — 06 July 2023, 00:13 CET

Russia's war against Ukraine underlines the importance of European values, and the EU's 2023 Rule of Law Report published Thursday points to a number of challenges in some member states.

EU package to make sustainable use of key natural resources — 06 July 2023, 00:16 CET

The European Commission adopted Wednesday a package of measures for a sustainable use of key natural resources, which will also strengthen the resilience of EU food systems and farming.

EU aims for circular economy for textiles — 05 July 2023, 23:58 CET

The Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU.

Brussels proposes more vigorous enforcement of GDPR — 04 July 2023, 22:17 CET

The EU Commission proposed new rules Tuesday to strengthen enforcement of the General Data Protection Regulation in cross-border cases and improve cooperation between data protection authorities.

EU's transition to circular economy behind schedule — 04 July 2023, 22:21 CET

EU measures and billions of euros spent have had little impact on EU countries' transition to a circular economy, according to a report published Monday by the European Court of Auditors.

Ukraine at the centre of Spanish EU presidency — 04 July 2023, 22:23 CET

"Ukraine will be at the centre of all our debates", Spain's president Sanchez said at a meeting with Ukraine president Zelensky in Kyiv on 1 July, when Spain took over the EU Council presidency.

Institutions reach deal on digitalising EU judicial systems — 29 June 2023, 22:55 CET

The EU Parliament and Council reached provisional agreement Wednesday on two EU laws that will digitalise the EU justice systems and make them more accessible and effective.

EU law on deforestation comes into force — 03 July 2023, 23:48 CET

The EU Regulation on deforestation-free supply chains, seen as a key building block in the fight against climate change and biodiversity loss, entered into force on Thursday.

EU reaches deal on joint procurement of defence products — 28 June 2023, 22:45 CET

The European Parliament and Council reached a deal Tuesday on new rules to incentivise EU countries to jointly procure defence products and support the EU’s defence industry.

EU payment services update to boost fintech innovation — 03 July 2023, 00:31 CET

The EU Commission put forward proposals Wednesday to modernise payments services and the financial sector to include enhanced protection for consumers making electronic payments in the EU.

Brussels outlines framework for new digital euro — 28 June 2023, 21:33 CET

The EU Commission set out proposals Wednesday for a framework for a possible digital form of the euro that the ECB may issue in future, as well as for continued access to euro banknotes and coins.

Political agreement on EU Banking Package — 27 June 2023, 23:04 CET

The European Parliament and Council reach draft agreement Tuesday on EU banking rules to implement 'Basel III' reforms aimed at boosting the strength and resilience of banks operating in the EU.

EU to issue EUR 40 bn long-term EU-Bonds in second half of 2023 — 27 June 2023, 22:01 CET

The European Commission is set to issue EUR 40 bn in long-term EU-Bonds for the rest of 2023, to finance the EU recovery, provide support to Ukraine and secure funds for key programmes.

Travel agencies commit to 14-day refund for cancelled flights — 27 June 2023, 21:52 CET

Following dialogue with the Commission and consumer authorities, major online travel agencies said Tuesday consumers should be able to receive refunds after 14 days in the event of flight cancellation.

MEPs vote to protect journalists against intimidatory lawsuits — 27 June 2023, 23:04 CET

The EU Parliament's Legal Affairs Committee adopted its position Tuesday on long-awaited rules to address the growing number of lawsuits against journalists and media outlets.