EU News

European Union Business News from EUbusiness.com

Suppliers offer almost 100bcm of gas to European consumers in first tender — 28 February 2024, 18:58 CET

The first tender with a new mid-term product for joint EU purchasing of gas under the EU's AggregateEU programme closed Tuesday night, with offers for a total volume of 97.4 billion cubic metres (bcm) of gas.

Euro-Parliament extends list of environmental crimes — 27 February 2024, 22:52 CET

MEPs extended the list of environmental crimes Tuesday to include illegal timber trade, depletion of water resources, and serious breaches of EU chemicals legislation and pollution caused by ships.

MEPs seal deal to restore degraded ecosystems — 28 February 2024, 18:59 CET

The European Parliament adopted a law Tuesday which sets a target for the EU to restore at least 20 per cent of the EU’s land and sea areas by 2030 and all ecosystems in need of restoration by 2050.

New WTO rules to simplify services trade in force — 27 February 2024, 23:03 CET

Trade in services received a boost Tuesday with the entry into force of new World Trade Organization rules aimed at facilitating and simplifying global trade in services.

23 pct of EU enterprises engaged in online sales in 2022 — 26 February 2024, 23:17 CET

22.9 per cent of EU enterprises conducted sales online in 2022, according to figures released Monday by Eurostat, 0.1 per cent higher compared with 2021 and 6.5% higher that in 2012 (16.4%).

EU adopts instant 10-second payments regulation — 26 February 2024, 22:23 CET

The EU Council adopted Monday a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.

EU adopts 13th package of sanctions against Russia — 26 February 2024, 23:18 CET

Two years on from Russia's brutal invasion of Ukraine, the EU adopted Friday its thirteenth package of sanctions against Putin’s regime, those responsible for perpetuating its war and those lending it their support.

UK signs deal with EU to cooperate on illegal immigration — 23 February 2024, 18:46 CET

The UK agreed a deal with the EU Friday for a long-term framework for close cooperation with the EU's border agency Frontex to tackle illegal migration and cross-border crime.

EU-Russia trade remains at low levels — 22 February 2024, 23:59 CET

EU trade with Russia has been strongly affected by import and export restrictions imposed following Russia's invasion of Ukraine, dropping considerably below levels prior to the invasion, Eurostat reports.

EU reaches deal on mobile machinery rules for public roads — 23 February 2024, 19:00 CET

The EU institutions reached provisional agreement Thursday on harmonised road safety requirements for the circulation of self-propelled machinery such as lawnmowers or bulldozers.

EUR 233m EU funding for eco projects across Europe — 22 February 2024, 23:56 CET

The EU is investing over EUR 233 million in twelve strategic environmental projects benefitting nature and biodiversity, climate change and air quality, the EU Commission announced Thursday.

Electricity from renewable sources up to 41% in EU in 2022 — 21 February 2024, 23:50 CET

Renewable energy sources made up 41.2 per cent of the European Union's gross electricity consumption in 2022, according to figures released Wednesday by the EU's statistics agency Eurostat.

EU states endorse measures to prevent shortages of medical devices — 21 February 2024, 23:50 CET

The EU Council endorsed Wednesday key updates to the law on medical devices, intended to help prevent shortages and ease the transition to greater transparency and access to information.

Brussels presents blueprint for EU's future digital infrastructures — 21 February 2024, 23:49 CET

The EU Commission presented a set of possible actions Wednesday aimed at fostering the innovation, security and resilience of digital infrastructures and laying foundations for a future Digital Networks Act.

Bahamas, Seychelles removed from EU's tax haven blacklist — 20 February 2024, 18:49 CET

EU Member States on Tuesday removed the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from the EU list of tax havens, or 'non-cooperative jurisdictions', for tax purposes.

Political agreement on EU-wide certification scheme for carbon removals — 20 February 2024, 18:40 CET

The European Parliament and EU Council reached a provisional agreement Tuesday on a first EU-wide voluntary framework for the certification of high-quality carbon removals.

EUR 83m EU humanitarian aid to support people in Ukraine and Moldova — 20 February 2024, 18:51 CET

The European Commission announced Tuesday an initial EUR 83 million in humanitarian aid to support the people affected by Russia's war against Ukraine for 2024.

TikTok under EU investigation over protection of minors — 19 February 2024, 16:59 CET

The European Commission opened formal proceedings Monday to assess whether TikTok may have breached Internet rules over protection of minors and advertising transparency.

EU to tackle ship-source pollution to clean up Europe's seas — 19 February 2024, 16:59 CET

The EU Council and Parliament reached political agreement late Thursday to amend Directive 2005/35/EC on ship-source pollution and on the introduction of penalties for pollution offences.

Digital Services Act starts applying to all online platforms in EU — 19 February 2024, 16:59 CET

The Digital Services Act, the EU's new rulebook for a safer and more transparent online world, will apply in full to online platforms and marketplaces in the EU from Saturday 17 February.

EU growth, inflation set for further falls: winter forecast — 16 February 2024, 23:43 CET

Europe's economy entered 2024 on a weaker footing than expected, the European Commission said Thursday, revising growth down to 0.5% in 2023, as inflation slows faster than projected in the autumn.

EU economy's greenhouse gas emissions down 7 pct in Q3 2023 — 14 February 2024, 23:31 CET

EU economy greenhouse gas emissions showed a 7.1% decrease compared Q3 in 2022, at 787 million tonnes of CO2-equivalents (CO2-eq), Eurostat, the EU's statistics agency reported Wednesday.

Few influencers admit to advertising: EU report — 15 February 2024, 22:28 CET

Only one in five influencers posting commercial content online systematically label it as advertising, according to a 'sweep' of social media influencer posts, the EU Commission reported Wednesday.

MEPs look to bring an end to greenwashing claims — 16 February 2024, 19:49 CET

A European Parliament committee adopted new rules Wednesday on how firms can validate environmental marketing claims, and the information they need to provide to justify these claims.

EU strikes deal for more efficient accident investigations in maritime transport — 14 February 2024, 00:02 CET

The EU Parliament and Council reached a provisional agreement Tuesday to revise a 2009 directive on the investigation of accidents in the maritime transport sector.