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.
The European Commission has preliminarily found both TikTok and Meta in breach of their obligation to grant researchers adequate access to public data under the EU’s internet rules, the Digital Services Act (DSA).
A new package of sanctions against Russia adopted by EU Member States targets key sectors of Russia’s economy such as energy, finance and the military industrial base, as well as enablers and profiteers of its war of aggression.
Commission vice-president Henna Virkkunen presented new EU funding opportunities worth €20 million in Riga today aimed at protecting Europe’s submarine cables.
Egypt has officially joined the EU’s Horizon Europe, becoming the second African country associated to the EU’s multibillion-euro research and innovation (R&I) programme.
79.7 million tonnes of packaging waste were generated in the EU in 2023, according to Eurostat, amounting to 177.8 kg per inhabitant, down 8.7 kg per capita compared to 2022, but 21.2 kg higher than the figure in 2013.
