European Union Business News from EUbusiness.com
The European Central Bank will meet on June 11 to set interest rates, with the market anticipating a 97% chance of a 25-basis point hike from 2% to 2.25%. This potential hike could strengthen the euro, however, the strength of the gain will likely be curtailed if the Middle Eastern conflict persists.
The EU Commission has presented a roadmap towards phasing out animal testing for chemical safety assessments, laying out tangible steps to ensure the transition to innovative non-animal approaches.
The EU’s pro-startup policies is driving real results, according to the first-ever European Startup and Scaleup Scoreboard (ESSS) published by the European Commission.
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 actual weekly working hours of EU full-time and part-time workers aged 20-64 in their main job averaged 35.9 hours in 2025, down from 36.9 hours in 2015.
The European Commission has adopted a proposal for the selection of mobile satellite service providers authorised to use the harmonised 2 GHz frequency band beyond 2027, when the current licenses expire.
At a summit in Mexico City, the European Union and Mexico agreed to deepen their political and economic cooperation with the signing of a modernised global and interim trade agreement.
