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Business news and information from the European Union

EUR 83m EU humanitarian aid to support people in Ukraine and Moldova 20 February 2024, 18:51 CET
The European Commission announced Tuesday an initial EUR 83 million in humanitarian aid to support the people affected by Russia's war against Ukraine for 2024.

Bahamas, Seychelles removed from EU's tax haven blacklist 20 February 2024, 18:49 CET
EU Member States on Tuesday removed the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from the EU list of tax havens, or 'non-cooperative jurisdictions', for tax purposes.

Political agreement on EU-wide certification scheme for carbon removals 20 February 2024, 18:40 CET
The European Parliament and EU Council reached a provisional agreement Tuesday on a first EU-wide voluntary framework for the certification of high-quality carbon removals.

EU to tackle ship-source pollution to clean up Europe's seas 19 February 2024, 16:59 CET
The EU Council and Parliament reached political agreement late Thursday to amend Directive 2005/35/EC on ship-source pollution and on the introduction of penalties for pollution offences.

TikTok under EU investigation over protection of minors 19 February 2024, 16:59 CET
The European Commission opened formal proceedings Monday to assess whether TikTok may have breached Internet rules over protection of minors and advertising transparency.

Digital Services Act starts applying to all online platforms in EU 19 February 2024, 16:59 CET
The Digital Services Act, the EU's new rulebook for a safer and more transparent online world, will apply in full to online platforms and marketplaces in the EU from Saturday 17 February.

EU growth, inflation set for further falls: winter forecast 16 February 2024, 23:43 CET
Europe's economy entered 2024 on a weaker footing than expected, the European Commission said Thursday, revising growth down to 0.5% in 2023, as inflation slows faster than projected in the autumn.

MEPs look to bring an end to greenwashing claims 16 February 2024, 19:49 CET
A European Parliament committee adopted new rules Wednesday on how firms can validate environmental marketing claims, and the information they need to provide to justify these claims.

Few influencers admit to advertising: EU report 15 February 2024, 22:28 CET
Only one in five influencers posting commercial content online systematically label it as advertising, according to a 'sweep' of social media influencer posts, the EU Commission reported Wednesday.

EU economy's greenhouse gas emissions down 7 pct in Q3 2023 14 February 2024, 23:31 CET
EU economy greenhouse gas emissions showed a 7.1% decrease compared Q3 in 2022, at 787 million tonnes of CO2-equivalents (CO2-eq), Eurostat, the EU's statistics agency reported Wednesday.

EU strikes deal for more efficient accident investigations in maritime transport 14 February 2024, 00:02 CET
The EU Parliament and Council reached a provisional agreement Tuesday to revise a 2009 directive on the investigation of accidents in the maritime transport sector.

European farmers to be exempted from EU rules on land lying fallow 13 February 2024, 23:52 CET
The European Commission officially adopted a regulation Tuesday which grants a partial exemption for European farmers from the conditionality rule on land lying fallow.

New EU rules on toy safety to protect children from harmful chemicals 13 February 2024, 23:42 CET
An EU Parliament committee approved stricter rules on toy safety Tuesday, aiming to bring down the number of unsafe toys on the single market and protect children better from toy-related risks.

EU paves way for European disability card 08 February 2024, 22:46 CET
The European Parliament and the EU Council reached agreement Thursday on an EU directive to establish the European disability card and the European parking card for persons with disabilities.

Remaining intentional uses of toxic mercury to be banned in EU 08 February 2024, 22:21 CET
EU institutions reached political agreement Thursday to phase out use of dental amalgam and prohibit the manufacturing, import and export of a number of mercury-added products, including certain lamps.

First EU-wide rules for platform workers 08 February 2024, 21:56 CET
The EU Council and European Parliament reached a provisional deal Thursday on a bill aiming to improve the working conditions of persons performing platform work.

Euro money transfers to arrive 'within ten seconds' 08 February 2024, 00:11 CET
The European Parliament adopted new rules Wednesday to ensure transferred funds arrive immediately into the bank accounts of retail customers and businesses across the EU.

Brussels takes legal action against Hungary's for new 'sovereignty law' 08 February 2024, 00:11 CET
The European Commission decided Wednesday to open an infringement procedure against Hungary for violating EU law with its new Defence of Sovereignty law.

Clearing package deal boost for EU capital markets 08 February 2024, 00:01 CET
The European Parliament and EU Council reached political agreement Wednesday on new rules to help make EU clearing services more attractive and robust and preserve financial stability.

EU reaches provisional deal on environmental, social and governance ratings 06 February 2024, 19:03 CET
The EU institutions reached provisional agreement Monday on a regulation on environmental, social and governance rating activities to boost investor confidence in sustainable products.

EU aim to speed up roll-out of high-speed networks 06 February 2024, 19:01 CET
The European Parliament and EU Council struck a deal Tuesday on the gigabit infrastructure act, to accelerate the deployment of gigabit network infrastructure for high-speed networks across Europe.

EU looks to ease path towards 2040 climate targets 06 February 2024, 18:40 CET
The EU Commission proposed Tuesday a 90% cut in EU greenhouse gas emissions by 2040 compared to 1990 levels, but has dropped reference to a 30% cut in non-CO2 emissions from agriculture.

EU, IFC to unlock EUR 500m private sector investment for Ukraine reconstruction 05 February 2024, 18:35 CET
The European Commission and the International Finance Corporation signed a guarantee agreement Monday to support investments to help drive an inclusive and sustainable reconstruction in Ukraine.

EU reaches deal to strengthen consumers' right to repair 02 February 2024, 23:10 CET
EU negotiators reached a provisional deal Friday on a directive to reduce waste by promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive.

EU leaders give go-ahead for EUR 50 bn aid package for Ukraine 02 February 2024, 23:09 CET
EU leaders at a special summit Thursday agreed to set up a Ukraine aid facility worth EUR 50 billion for 2024-2027, confirming Europe's commitment to support the country's fight for its freedom.