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Business news and information from the European Union

Unemployment in the EU at lowest rate since 2000 30 January 2020, 23:20 CET
The unemployment rate in the 28 EU Member States was 6.2 per cent in December 2019, continuing a steady decline from previous months, according to figures published Thursday by Eurostat.

EU launches 'toolbox' to build secure 5G in Europe 30 January 2020, 22:39 CET
The European Commission endorsed a joint 5G 'toolbox' Wednesday, a concerted EU approach to addressing security risks related to the building and protection of a European infrastructure for fifth-generation of mobile networks.

European Parliament approves UK's Brexit deal 30 January 2020, 00:18 CET
Britain's EU withdrawal agreement has cleared its second-to-last hurdle before entering into force, with the European Parliament's overwhelming approval clearing the way for Brexit to take place Friday.

EU's Erasmus education programme benefits 10 million 29 January 2020, 23:13 CET
More than 10 million young people have taken part in Erasmus, the EU's programme to support and strengthen education, training, youth and sport in Europe, according to its annual report, out Tuesday.

EU + 16 WTO members agree temporary dispute settlement arrangement 28 January 2020, 17:20 CET
The EU and 16 other WTO members agreed Friday to develop a multi-party interim appeal arrangement for participating WTO members to preserve a 2-step dispute settlement system in disputes among them.

Brexit Withdrawal Agreement passes first EU Parliament hurdle 24 January 2020, 23:42 CET
The Brexit Withdrawal Agreement passed its first EU Parliament test Thursday, when its Constitutional Affairs Committee recommended that the Parliament plenary should approve the UK withdrawal terms.

EUR 200m boost for SMEs in EU neighbouring countries 24 January 2020, 21:39 CET
The European Investment Bank and the EU Commission have joined forces in an 'SME Access to Finance' initiative to support economic growth, innovation and employment in EU neighbouring countries.

MEPs back transport package to improve conditions for drivers 24 January 2020, 00:11 CET
A European Parliament committee approved a deal Tuesday to reform the road transport sector with revised rules for posting of drivers, drivers' rest times and better enforcement of 'cabotage' rules.

EP green light for EU-Vietnam free trade deal 22 January 2020, 00:17 CET
The free trade and investment protection agreements between the EU and Vietnam, approved by an EU Parliament committee Tuesday, will remove virtually all tariffs between the two parties over ten years.

MEPs call for end to lead in recycled PVC 21 January 2020, 23:42 CET
MEPs on the European Parliament's Environment Committee objected Tuesday to a Commission proposal allowing lead in recycled PVC, citing the need to protect human health and the environment.

MEPs call for legally binding targets on biodiversity 16 January 2020, 23:48 CET
The European Parliament called Thursday on the upcoming 2020 UN biodiversity conference COP 15 to agree on legally binding targets, as was the case for the Paris agreement on climate change.

20,000 young people set for free EU travel passes 16 January 2020, 17:40 CET
Around 20,000 18-year-olds are set to receive a travel pass under the fourth and latest round of DiscoverEU, the opportunity to explore Europe which attracted some 75,000 applications from across Europe.

MEPs voice concern over citizens' rights post-Brexit 16 January 2020, 17:35 CET
Assurances on the protection of citizens' rights in the UK EU Settlement Scheme and freedom of movement were needed if MEPs are to consent to the UK Withdrawal Agreement, they said Wednesday.

EU, U.S. and Japan agree new global rules on subsidies 15 January 2020, 19:18 CET
The European Union, the United States and Japan announced their agreement Tuesday to strengthen existing rules on industrial subsidies and condemned forced technology transfers practices.

EU sets out plans to finance green economy 15 January 2020, 19:18 CET
The EU unveiled plans Tuesday to finance its new European Green Deal, which it says would lead to more than EUR 1 trillion of public investment through EU financial instruments, as well as private funds.

EU travellers still not aware of their passenger rights 14 January 2020, 23:50 CET
Only 43% of EU citizens who have travelled by air, long-distance rail, coach, ship or ferry in the previous 12 months know that the EU has put in place rights for passengers, a Commission survey said Monday.

Brussels looks to strengthen IPR protection 14 January 2020, 17:09 CET
The EU Commission signalled its intention Thursday to crack down on intellectual property rights infringements, which it says cost European firms billions of euros in lost revenue and put jobs at risk.

Use of EU's space assets under auditor scrutiny 09 January 2020, 17:42 CET
The EU Court of Auditors said Thursday it is examining how effectively the European Commission promotes the uptake of services provided by two of the EU's key space programmes, Copernicus and Galileo.

EU toughens consumer protection for the digital world 09 January 2020, 17:19 CET
New EU rules for consumer protection entered into force on Tuesday, with the aim of toughening up and modernising current EU consumer protection rules, in line with digital developments.

Global level of marine fuels pollution cut from 1 January 07 January 2020, 23:09 CET
From 1 January 2020, the maximum sulphur content of fuels from ships' combustion engines is reduced to 0.5% (down from 3.5%) - reducing air pollution and protecting health and the environment.

Stricter C02 emissions standards for new cars and vans come into force 03 January 2020, 23:50 CET
A new EU Regulation setting stricter CO2 emission performance standards for new passenger cars and for new light commercial vehicles (vans) in the EU came into force on 1 January 2020.

Galway, Rijeka start as European Capitals of Culture 03 January 2020, 23:28 CET
The city of Rijeka in current EU president Croatia and Galway in Ireland began their joint one year tenure of the title of European Capital of Culture on Wednesday 1 January 2020.

New rules to boost crowdfunding across EU borders 28 December 2019, 10:55 CET
The EU Parliament and Council reached provisional agreement Wednesday evening on EU-wide rules to help crowdfunding services function smoothly and foster cross-border business funding.

Booking.com commits to EU demands for transparency 27 December 2019, 23:20 CET
Following dialogue with the European Commission and national consumer authorities, Booking.com has committed to make changes in the way it presents offers, discounts and prices to consumers.

Airbnb does not need estate agent's licence, rules EU Court 19 December 2019, 23:46 CET
France cannot require Airbnb to hold an estate agent's licence as it did not notify the EU Commission of that requirement in accordance with the EU's e-commerce directive, the EU's top Court ruled on Thursday.