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Business news and information from the European Union

New EU rules on work-life balance enter into force — 03 August 2022, 23:23 CET

New EU-wide rules to improve work-life balance for parents entered into force on Tuesday, setting minimum standards for paternity, parental leave and offering the right to request flexible working.

EU guidelines promote greater reuse of water in agriculture — 03 August 2022, 23:23 CET

Facing droughts in several EU Member States, the Commission published guidelines Wednesday for applying rules on the safe reuse of treated urban waste water for agricultural irrigation.

EU disburses EUR 1 bn macro-financial assistance for Ukraine — 03 August 2022, 23:17 CET

The European Union continued its support to help Ukraine shore up its public finances Wednesday with disbursement of a new EUR 1 billion macro-financial assistance operation for the country.

Brussels to extend transport corridors to Ukraine, Moldova — 02 August 2022, 22:49 CET

As Russia continues its war of aggression against Ukraine, Brussels proposed Thursday to extend four European transport corridors to Ukraine and Moldova, including to the ports of Mariupol and Odessa.

EU commits to reducing gas demand by 15 pct next winter — 02 August 2022, 22:49 CET

As the EU prepares for possible disruptions of gas supplies from Russia, Member States reached a political agreement Tuesday on a voluntary reduction of natural gas demand by 15 per cent this winter.

EU takes action against UK for not complying with Brexit Protocol — 28 July 2022, 22:46 CET

The Commission launched four new infringement procedures against the United Kingdom Friday for not complying with significant parts of its Protocol on Ireland / Northern Ireland.

EU to double Azerbaijan gas imports by 2027 — 26 July 2022, 16:05 CET

The EU signed an agreement Monday to strengthen cooperation with Azerbaijan, including doubling gas imports to the EU by 2027, as part of European efforts to move away from Russian fossil fuels.

EU targets 15 pct reduction in gas use by next spring — 23 July 2022, 00:11 CET

With Europe facing the risk of further gas supply cuts by Russia, the European Commission put forward Wednesday a European Gas Demand Reduction Plan to reduce gas use in Europe.

Almost half of the EU + UK territory at risk of drought — 19 July 2022, 23:17 CET

A staggering portion of Europe - (44% of EU+UK) and alert (9% of EU+UK) -is currently exposed to warning drought levels, an assessment of Europe’s drought situation reported on Tuesday.

Brussels proposes new import ban on Russian gold — 18 July 2022, 23:42 CET

A new package of measures to maintain and strengthen the effectiveness of EU sanctions against Russia, proposed Tuesday by the EU Commission, includes a new import ban on Russian gold.

Final approval for EU rules to curb power of tech giants — 18 July 2022, 23:41 CET

EU ministers gave final approval Tuesday to the Digital Markets Act, a key set of obligations to ensure the tech giant companies do not stifle innovative competitors or use unfair business practices.

EU institutions agree deal for digital transformation of Europe — 14 July 2022, 23:03 CET

The EU Parliament and Council reached political agreement Thursday on the 'Path to the Digital Decade' programme, setting up a cooperation mechanism to achieve targets for Europe's digital transformation.

Poland, Hungary in spotlight over judicial independence — 14 July 2022, 23:00 CET

Against the backdrop of Russia's invasion of Ukraine, the EU's annual Rule of Law Report, published Wednesday, highlights lack of action on the issues of judicial independence and corruption.

Russia's war hits EU economy, hikes inflation — 14 July 2022, 18:12 CET

Russia's war of aggression against Ukraine continues to negatively affect the EU economy, as Thursday's interim Summer Economic Forecast points to lower growth and higher inflation.

Euro-MPs call for 45 pct renewables by 2030 — 13 July 2022, 22:47 CET

The European Parliament's environment committee voted Wednesday to accelerate substantially the deployment of renewable energy, and also reductions in energy consumption, by 2030.

EU's PEACE programme to bring EUR 1.1 bn to Nth Ireland and borders — 13 July 2022, 22:40 CET

The EU Commission adopted PEACE PLUS Wednesday, a new cross-border programme to strengthen peace and reconciliation and cooperation between Ireland and Northern Ireland.

EU supports clean tech projects with EUR 1.8 billion funding — 12 July 2022, 23:35 CET

The European Union launched over EUR 1.8 billion of awards Tuesday to 17 large-scale innovative projects to bring breakthrough technologies to the market in energy-intensive industries.

Brussels looks for more flexible, resilient airline slot regime — 12 July 2022, 23:27 CET

Responding in part to disruption from the war in Ukraine, the EU Commission adopted Tuesday a proposal to allow the airline slot regime to respond more flexibly to unexpected future developments.

Croatia given final approval to join euro — 12 July 2022, 23:15 CET

The EU Council adopted the last three legal acts to enable Croatia to become a member of the euro area Tuesday, paving the way for Croatia to introduce the EU's common currency on 1 January 2023.

MEPS push to decarbonise aviation with cooking oil — 12 July 2022, 00:04 CET

Used cooking oil, synthetic fuel or even hydrogen should become the norm as aviation fuel, the European Parliament said Thursday as the EU looks for sustainable fuel to reach climate neutrality by 2050.

2nd Covid booster vaccines recommended for Europe — 12 July 2022, 00:00 CET

Second booster doses of COVID-19 vaccines should be considered for people between 60 and 79 years old and those with high risk conditions, European health agencies recommended Monday.

EU to recognise driving docs of Ukrainian refugees — 07 July 2022, 23:19 CET

The European Parliament gave its backing Thursday to a proposal to allow Ukrainian refugees to keep their national driving licences, exempting them from the obligation to exchange them for EU ones.

Ukraine inevitable focus for new Czech EU presidency — 07 July 2022, 19:18 CET

The preparation of the post-war reconstruction of Ukraine as well as projects to free the EU from its dependence on Russia will be important tasks for the Czech Presidency, its PM said Wednesday.

Brussels confirms raids in online food delivery sector — 06 July 2022, 22:51 CET

The Commission carried out unannounced inspections Wednesday at the premises of companies in online ordering and delivery of food, groceries and other goods in two EU Member States.

New EU road safety rules to enable driverless cars — 06 July 2022, 22:38 CET

A range of mandatory advanced driver assistant systems came into force Wednesday, establishing a legal framework for the approval of automated and fully driverless vehicles in the EU.