The European Commission has fined online marketplace Temu €200 million for offering illegal products on its platform and for the resulting harm to EU consumers.
The EU Parliament and Council have reached provisional agreement on two Regulations eliminating tariffs on all US industrial goods and providing preferential market access for certain US agricultural and seafood products.
The EU Commission has adopted a Fertiliser Action Plan, with support for farmers facing rising fertiliser costs and scarcity, reinforcing domestic production and reducing Europe’s dependency on imports.
The EU Council and Parliament have agreed on new rules to guarantee the rights of adults who need protection in cross-border situations – including rights related to sale of property, medical care or relocation to another country.
The EU Commission is proposing new rules to simplify booking cross-border travel, particularly for rail journeys involving multiple operators, and ensure protection for rail passengers for the entire journey.
The EU Parliament and Council have reached a provisional deal on a new regulation that seeks to strengthen the EU’s resilience in addressing ongoing challenges to security of supply of critical medicines in Europe.
The euro has been volatile as tensions in the Middle East pushed oil prices higher, but easing fears helped the euro recover. Rising inflation could also pressure the ECB to raise interest rates.
