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Business news and information from the European Union

EU continues dialogue with Turkey over rule of law — 28 March 2018, 11:54 CET

EU leaders conveyed continued concern over the rule of law in Turkey Monday, as Turkey's president Recep Tayyip Erdogan joined them for a wide-ranging discussion on EU-Turkey relations and the way ahead.

New EU rules against geoblocking come into force — 24 March 2018, 00:12 CET

New EU rules against unjustified geoblocking - a discriminatory practice that prevents online customers from buying products from a website based in another member state, entered into force Thursday.

Russian duties on EU vans illegal, WTO confirms — 23 March 2018, 23:42 CET

The WTO has dismissed Russia's appeal and upheld EU arguments in the dispute on the anti-dumping duties imposed by Russia in 2013 on imports of European light commercial vehicles (LCVs).

EU seeks permanent exemption from U.S. steel tariffs — 23 March 2018, 17:31 CET

EU leaders at a summit called on the US Friday to make permanent the temporary exemption from US steel and aluminium tariffs, saying they were an "inappropriate remedy" for global problems of overcapacity.

"Highly likely" Russia behind UK attack: EU summit — 23 March 2018, 11:53 CET

At a summit in Brussels, EU leaders condemned Russia Thursday for the recent nerve agent attack in Britain, agreeing to coordinate their response "in the light of the answers provided by the Russian authorities".

Conditional EU approval for Bayer buy of Monsanto — 22 March 2018, 22:34 CET

The EU Commission approved Bayer's acquisition of Monsanto Wednesday, declaring itself satisfied with the parties' remedies, worth well over EUR 6 billion, to meet Brussels' competition concerns in full.

Northern European cities offer best living conditions: report — 22 March 2018, 17:37 CET

Copenhagen and Bern offer the best living standards in the world for expatriates, according to a survey of the best and worst cities for air pollution, transport, personal security and cultural barriers.

EU slaps EUR 254m fines on Japanese capacitor makers — 21 March 2018, 23:38 CET

The Commission fined eight Japanese producers of capacitors a total of EUR 254 million Wednesday for participating in a cartel for the supply of aluminium and tantalum electrolytic capacitors.

EU financial interests can limit double jeopardy principle — 21 March 2018, 23:18 CET

The 'double jeopardy' principle may be limited to protect the financial interests of the EU and financial markets, but only in so far as necessary to meet their objectives, the EU court ruled Wednesday.

Registration opens for free EU wireless hotspots — 21 March 2018, 18:48 CET

The European Commission invited Europe's municipalities Tuesday to register their details for EU financing of free wireless internet hotspots in public spaces, ahead of the first call for projects in mid-May.

MEPs and Council strike posting of workers deal — 21 March 2018, 18:48 CET

Workers sent temporarily to another EU country would from now on get equal pay for equal work in the same place, under a provisional deal agreed on Tuesday between MEPs and EU Ministers.

EU targets tech giants with 'fair' digital tax — 21 March 2018, 18:46 CET

New rules to tax tech giants such as Facebook and Amazon in a 'fair and growth-friendly way' would make the EU a global leader in designing tax laws for the digital economy, says the EU Commission.

Education vital for integration of migrants: report — 20 March 2018, 22:44 CET

Immigrant students struggle to integrate in schools in some EU states, says a new OECD report mandated by the Commission, confirming the need to promote inclusive education and common values.

EU, UK agree 'decisive step' towards Brexit — 20 March 2018, 18:28 CET

The joint legal text presented Monday by EU and UK Brexit negotiators is a 'decisive step' towards an international agreement for Britain's orderly withdrawal from the EU, said EU chief negotiator Michel Barnier.

Crocs shoes design loses EU patent: Court — 15 March 2018, 23:48 CET

The General Court of the European Court of Justice confirmed Wednesday the cancellation of registration of Crocs' design, because it was made available to the public before its registration.

New European framework promotes quality apprenticeships — 15 March 2018, 23:07 CET

EU employment ministers boosted the development of a skilled and qualified workforce Thursday with the adoption of a recommendation for a European framework for quality and effective apprenticeships.

Tax firms where they earn their profits, say MEPs — 15 March 2018, 18:29 CET

The European Parliament approved Thursday a harmonised corporate tax system plan to tax digital firms where they earn their profits and to calculate their tax bills according to their online activities.

MEPs back association agreement for future EU-UK relations — 14 March 2018, 23:35 CET

An association agreement between the EU and the UK could provide an appropriate framework for their future relationship, the European Parliament said Wednesday taking into the UK government's red lines.

Brussels proposes to toughen EU visa policy — 14 March 2018, 23:34 CET

The EU Commission proposed Wednesday changes to the EU's common visa policy, to deal with security concerns, migration challenges and opportunities offered by technological developments.

Advisers set for tighter EU scrutiny over tax schemes — 14 March 2018, 00:10 CET

EU Member States reached political agreement Tuesday on new transparency rules for tax advisers, accountants, banks and lawyers who design and promote tax planning schemes for their clients.

New EU rules promote competition in cross-border parcel delivery services — 13 March 2018, 22:47 CET

New rules to provide clearer information on Europe-wide prices of parcel delivery services and boost consumer confidence in cross-border shopping and shipping were approved Tuesday by MEPs.

EU experts urge code of practice to counter fake news — 13 March 2018, 00:15 CET

A Code of Practices for online platforms and social networks is one of a series of recommendations put forward Monday by a high-level group of experts set up by the EU to counter the spread of disinformation.

China still tops EU dangerous products report — 12 March 2018, 23:32 CET

53 per cent of dangerous consumer goods reported to the EU originate in China, Commissioner for Consumer Affairs Vera Jourova said Monday as she presented the 2017 annual report on dangerous goods.

Brussels to boost cross-border investment funds market — 12 March 2018, 23:29 CET

The EU Commission outlined another step towards the development of its Capital Markets Union Monday by promoting alternative sources of financing and removing barriers to cross-border investments.

Fintech action plan to boost innovation in financial services — 08 March 2018, 23:17 CET

Europe should become a global hub for FinTech innovation, the Commission said Thursday as it unveiled a plan to harness opportunities offered by technology-enabled innovation in financial services.