Breaking news

Business news and information from the European Union

Eight states at risk of breaching EU stability pact — 23 November 2019, 18:15 CET

High levels of debt mean eight EU Member States - including France and Italy - are at risk of non-compliance with the European Stability and Growth Pact, the European Commission said on Wednesday.

Climate action tops EU's Budget priorities for 2020 — 20 November 2019, 19:07 CET

EU institutions finally agreed Monday evening on the EU's budget for 2020, with climate change topping a list of priorities that focuses on growth and competitiveness, security and management of migration.

EUR 200m to promote European food products — 20 November 2019, 18:56 CET

The EU is to allocate over EUR 200 million in order to fund promotional activities for EU agri-food products, such as cheeses and wines, at home and abroad, the European Commission announced on Tuesday.

MEPs vote to close tax loopholes for online platforms — 19 November 2019, 17:29 CET

The European Parliament voted Thursday on measures specifying how large online platforms such as Amazon and Ebay are to contribute to closing existing loopholes that currently hinder the collection of VAT.

Company restructuring in EU made easier — 19 November 2019, 17:29 CET

The EU Council adopted Monday a Directive on cross-border conversions, mergers and divisions providing harmonised procedures for companies to merge, divide or move within the EU Single Market.

Little progress in EU's fight against antimicrobial resistance: auditors — 18 November 2019, 23:51 CET

The EU's fight against 'superbugs', especially bacteria which have become resistant to antibiotics, has brought little progress to date, according to a new report from the European Court of Auditors.

EU acts against UK for not nominating Commissioner — 14 November 2019, 23:08 CET

The European Commission sent a letter of formal notice to the United Kingdom Thursday for breaching its EU Treaty obligations by not suggesting a candidate for the post of EU Commissioner.

New labelling for European tyres to save energy — 14 November 2019, 16:50 CET

A new tyre labelling scheme for car and trucks, provisionally agreed Wednesday by EU institutions, aims to increase consumer awareness and fuel savings, improve safety and decrease noise pollution.

Gender gap could hold back expected R&D surge: report — 14 November 2019, 15:57 CET

Complacency over gender diversity could be an important factor in holding back an expected global surge in research and development activity, according to new research published on Wednesday.

Go-ahead for 13 new EU defence projects — 13 November 2019, 22:54 CET

EU defence ministers gave the go-ahead Tuesday to an updated list of 13 new projects to be undertaken under the EU's new 'Permanent Structured Cooperation' defence structure (PESCO).

EU sets up sanctions against Turkey for Cyprus oil drilling — 13 November 2019, 00:01 CET

The EU Council adopted a framework for restrictive measures Monday in response to unauthorised drilling by Turkey of hydrocarbons in the Eastern Mediterranean, enabling sanctions on individuals or entities.

First Ebola vaccine receives European approval — 13 November 2019, 00:01 CET

The European Commission adopted a decision Tuesday granting the first-ever market authorisation to the company Merck Sharp & Dohme B.V. for a vaccine against the deadly Ebola virus.

Products from Israeli settlements must be labelled as such: EU top Court — 12 November 2019, 23:43 CET

Foodstuffs originating in Israel's occupied territories must bear the indication of their territory of origin, the EU's top Court ruled on Tuesday, and be labelled if originating from an Israeli settlement.

New cars in EU will need advanced safety systems from 2022 — 11 November 2019, 23:33 CET

New cars placed on the EU market from mid-2022 will have to be equipped with advanced safety systems, following adoption by the EU Council of a regulation on the general safety of motor vehicles.

EU states agree measures to combat VAT fraud — 11 November 2019, 23:32 CET

The EU Council of finance ministers reached provisional agreement Friday on a set of rules on exchange of VAT payment data to facilitate detection of tax fraud in cross-border e-commerce transactions.

EU-China agree deal on Geographical Indications — 09 November 2019, 23:35 CET

The EU and China signed a landmark agreement to recognise each other's protected regional products Wednesday, protecting 100 European GIs in China and 100 Chinese GIs in the EU from imitation.

European economy heading for troubled waters — 09 November 2019, 23:33 CET

The Eurozone is heading for a period of high uncertainty, according to the EU's latest economic forecast, released Thursday, as it faces trade conflicts, rising geopolitical tensions, manufacturing weakness and Brexit.

Free EU travel passes for 20,000 young people next summer — 07 November 2019, 23:27 CET

18-year-olds in the EU have until 28 November to apply for the latest round of DiscoverEU travel passes, launched Thursday, which give them the opportunity to travel across Europe for free.

Euro-Parliament pushes for CO2 neutrality by 2050 — 07 November 2019, 16:22 CET

The EU should commit to net-zero CO2 emissions by 2050 at the UN Conference and step up its emissions' reduction ambition for 2030, the European Parliament's Environment Committee said on Wednesday.

Erasmus+: EU publishes 2020 student exchange programme call — 06 November 2019, 22:57 CET

The EU Commission published Tuesday its 2020 call for proposals for the Erasmus+ programme - opportunities for young Europeans to study and train abroad - with an expected budget of over EUR 3 billion.

Poland's judicial reform broke EU law: EU top Court — 06 November 2019, 21:36 CET

Changes to Polish law lowering the retirement age of ordinary court judges, and setting a different retirement age depending on their gender, are contrary to EU law, the EU's top Court ruled on Tuesday.

French retailers Casino, Intermarché in EU antitrust probe — 06 November 2019, 16:53 CET

The EU Commission opened an antitrust investigation Monday to assess whether the French retail groups Casino and Intermarché breached EU competition rules by coordinating their conduct in the market.

EU cuts greenhouse gas emissions, more needed on renewables — 05 November 2019, 17:05 CET

The EU cut its greenhouse gas emissions by 2% in 2018, according to preliminary estimates from the European Environment Agency, but progress on renewables is hampered by rising energy consumption.

Fight against fake online news must be stepped up, EU warns Facebook, Twitter — 04 November 2019, 23:13 CET

Signatories to an EU code of practice including Facebook, Google and Twitter have shown patchy progress in the fight against online disinformation, says a new report published Tuesday by the EU.

Forest fires hit more European countries than ever before — 02 November 2019, 23:39 CET

Wildfires destroyed nearly 178,000 hectares of forests and land in Europe last year, the EU Commission reported Thursday in its Annual Report on Forest Fires in Europe, the Middle East and North Africa.