Bankruptcies of businesses in the EU increased by 5.7% in the second quarter of 2026 compared with the first quarter, while registrations decreased by 0.5%.
The EU Parliament gave its final go-ahead Wednesday to an update of Europe’s VAT rules, ending unfair distortion of competition by requiring VAT to be paid for services provided through online platforms.
The European Commission proposed Wednesday to shorten the settlement period for EU transactions in transferable securities from two days to one.
European Commission president Ursula von der Leyen launched the EU’s ‘InvestAI’ initiative at the AI Action Summit in Paris Tuesday, intended to mobilise €200 billion for investment in Artificial Intelligence.
The EU’s Packaging and Packaging Waste Regulation entered into force on 11 February, with new measures to tackle the environmental challenges caused by excessive packaging.
Estonia, Latvia and Lithuania successfully integrated into the EU internal energy market Sunday, becoming fully independent from Russia’s and Belarus’s electricity systems.
The EU Commission allocated €422 million to 39 innovative projects across the EU Thursday, aimed at deploying alternative fuels supply infrastructure along the trans-European transport network.
