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Business news and information from the European Union

EU activates retaliatory duties on US imports 22 June 2018, 00:09 CET
The EU's 'rebalancing measures' in response to US tariffs on steel and aluminium came into effect Friday, targeting steel products, agricultural goods and other products worth some EUR 2.8 billion.

Malta breaking EU law on wild birds: EU Court 22 June 2018, 00:03 CET
Malta has failed to fulfil its obligations under EU law in its adoption of a derogation regime to allow the trapping of seven species of wild birds, the European Court of Justice ruled on Thursday.

EU launches trade talks with New Zealand 22 June 2018, 00:03 CET
EU Trade Cecilia Malmstroem launched negotiations Thursday for a comprehensive trade agreement between the EU and New Zealand, aimed at removing barriers to trade in goods and services.

EU agrees deal on free flow of non-personal data 21 June 2018, 22:37 CET
The European Parliament, Council and Commission reached a political agreement late Tuesday on new rules that will allow data to be stored and processed everywhere in the EU without unjustified restrictions.

Luxembourg told to recover EUR 120m Engie state aid 21 June 2018, 00:50 CET
Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade, without any valid justification, the European Commission found on Wednesday.

EU confirms deal on energy savings and governance 21 June 2018, 00:23 CET
EU decision-makers have reached agreement on a 32.5 per cent target for energy savings by 2030, as well as a new instrument to help EU Member States deliver on Europe's energy and climate goals.

MEPs' copyright reform proposals cause Internet concern 20 June 2018, 23:55 CET
Plans to update EU copyright rules, including measures to monitor and filter virtually all uploads to the Internet, backed by MEPs Wednesday, have been termed a 'vote for mass internet censorship'.

Le Pen must repay EUR 300,000: EU Court 20 June 2018, 17:25 CET
Former French presidential candidate Marine Le Pen MEP must repay almost EUR 300,000 to the European Parliament, the EU's top Court confirmed Tuesday, for the employment of a parliamentary assistant.

Talks set to start on pan-European pension 20 June 2018, 17:25 CET
EU states have asked the presidency to start negotiations with the Parliament on a proposal for a pan-European pension product that would make it easier for people to put money aside for their old age.

EU extends sanctions against Russia over Crimea 19 June 2018, 20:32 CET
EU ministers decided to extend sanctions against Russia for another year Monday, as the EU continued to punish Russia for the illegal annexation of Crimea and Sebastopol.

Migration levels in EU continue downward trend 19 June 2018, 15:45 CET
There were 728,470 applications for international protection in the EU In 2017, a decrease of 44% compared to 2016, according to figures from the European Asylum Support Office published Monday.

EC approves Comcast's bid for Sky 18 June 2018, 22:39 CET
The EU Commission has approved unconditionally the proposed acquisition of Sky by Comcast, a US based global media, technology and entertainment company, saying it raised no competition concerns.

EU energy deal targets 32 pct renewables by 2030 18 June 2018, 14:17 CET
EU Parliament and Council negotiators struck a deal last night for a share of energy from renewables of at least 32% of the EU's gross final consumption in 2030, with an upwards revision clause by 2023.

Talks launched for 'ambitious' EU-Australia trade deal 18 June 2018, 14:16 CET
EU Trade Cecilia Malmstroem met with Australia's Prime Minister Malcolm Turnbull Monday to officially launch negotiations for a comprehensive trade agreement between the EU and Australia.

Indonesian airlines removed from EU blacklist 15 June 2018, 00:53 CET
The Commission cleared all Indonesian air carriers from the EU Air Safety list Thursday, as it introduced a warning system for air traffic controllers to prevent unsafe aircraft entering European airspace.

Brussels unveils EUR 13 billion defence fund 14 June 2018, 16:53 CET
The EU Commission outlined plans for a new EUR 13 billion European Defence Fund Wednesday, with a view to increasing the EU's 'strategic autonomy' and strengthening its ability to protect its citizens.

Euro-MPs back deal to keep skies safe from drones 14 June 2018, 16:53 CET
Member of the European Parliament gave their backing Tuesday to EU-wide principles for drones and drone operators with a view to ensuring a common level of safety and to update aviation safety rules.

MEP numbers reduced after 2019 euro-elections - if Brexit happens 13 June 2018, 22:32 CET
The EU Parliament gave the green light Wednesday to a reduction in MEP numbers from 751 to 705, if the United Kingdom finally leaves the EU, leaving room for new countries that may join the EU in the future.

15,000 Discover EU travel passes up for grabs 13 June 2018, 17:15 CET
From today until 26 June, young people have the opportunity to apply for a DiscoverEU ticket which gives them the opportunity to discover the European continent from July 2018 until the end of October 2018.

Commission launches fisheries consultation 12 June 2018, 22:43 CET
The European Commission launched the process of agreeing fishing opportunities for 2019 Monday, adopting a Communication which is now open for consultation and comments from the public.

Louboutin wins right to red sole in EU Court 12 June 2018, 18:56 CET
Luxury shoe designer Christian Louboutin won a case at the European Court of Justice Tuesday over the right to trademark its exclusive red sole trademark used in high-heeled shoes for women.

Tax cooperation strengthened in next EU budget 12 June 2018, 16:31 CET
Continuing its detailing of plans for the next long-term EU budget, the Commission outlined proposals Friday to make tax and customs cooperation between Member States better and more efficient.

World leaders at G7 not impressed by Trump 11 June 2018, 12:44 CET
World leaders apart from U.S. president Donald Trump committed at the G7 summit in Canada this weekend to fight protectionism and defend the rules-based international trading system.

Drugs report highlights resurgence of cocaine in Europe 08 June 2018, 00:11 CET
The European Drug Report 2018, issued by the EU drugs agency Thursday, highlights increased availability of cocaine in Europe, with around 2.3 million young adults having used the drug in the last year.

MEPs look to tackle drivers' working time fraud 08 June 2018, 00:04 CET
MEPs on the European Parliament's Transport Committee voted Monday to update EU rules on road transport, to fight illegal practices and to help improve the employment conditions of drivers.