European Union Business News from EUbusiness.com
The euro held firm despite a weak German ZEW survey, which showed investor sentiment slipping to 38.5 from 39.3 (below expectations of 40+). The single currency stayed above 0.8800 against sterling, supported by optimism for stronger Eurozone growth into 2026.
Grants of more than €358 million have been awarded to 132 projects across Europe under the EU’s LIFE Programme for environment and climate action, covering the circular economy, clean energy and restoration of natural habitats.
Twenty-one airlines have committed to change their practices regarding environmental claims that were considered misleading following dialogue with the EU Commission and national consumer protection authorities.
Total expenditure on social protection benefits in the EU reached €4,925 billion in 2024, according to early estimates, with Finland spending most as a percentage of GDP at 32.5 per cent of GDP.
A comprehensive transport package adopted by the Commission will accelerate the roll-out of Europe’s high-speed rail network and boost investment in renewable and low-carbon fuels for the aviation and waterborne sectors.
The EU Commission has opened a formal antitrust investigation into whether Deutsche Börse and Nasdaq breached EU competition rules by coordinating their conduct in the sector for listing, trading and clearing of financial derivatives in the European Economic Area.
Scientists from sixty-six research teams are to receive €684 million in European Research Council Synergy Grants, which supports small groups of researchers working together on ambitious, high-risk, high-gain projects.
