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Business news and information from the European Union

Euro-MPs back zero emissions objective for cars in 2035 09 June 2022, 23:14 CET
The European Parliament gave its support Wednesday to revised CO2 emissions standards for new passenger cars and light commercial vehicles, part of the EU's 'Fit for 55 in 2030' package.

EU targets late 2024 for common charger for mobile phones 08 June 2022, 23:47 CET
By autumn 2024, USB Type-C will become the common charging port for all mobile phones, tablets and cameras in the EU, negotiators from the European Parliament and EU Council agreed Tuesday.

Brussels proposes EUR 185.6 bn EU Budget for recovery 08 June 2022, 23:14 CET
Finance for green and digital investments, as well as recent and current crises, continue to head the priorities in the EU's EUR 185.6 billion Budget for 2023 proposed Wednesday by the EU Commission.

EU gives formal approval to new sanctions against Russia 07 June 2022, 22:00 CET
The EU Council gave formal approval Friday to a new package of sanctions against Russia, for its continuing war of aggression against Ukraine and reported atrocities committed by Russian troops.

EU reaches political agreement on adequate minimum wage 07 June 2022, 21:33 CET
The European Parliament and EU Member States reached political agreement Tuesday on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements.

Croatia set to adopt euro on 1 January 04 June 2022, 00:05 CET
Croatia is ready to adopt the euro on 1 January 2023, the European Commission concluded on Wednesday in a review of the country's preparedness to join the single currency area.

EU climate spending overstated: auditors 01 June 2022, 23:04 CET
The EU missed a self-imposed target of spending at least 20 per cent of its 2014-2020 budget on climate action, according to a report published Monday by the European Court of Auditors.

EU bans Russian oil in new sanctions package 01 June 2022, 23:03 CET
EU leaders at a summit Tuesday agreed a sixth package of sanctions against Russia for its aggression against Ukraine, covering crude oil and petroleum products delivered from Russia to Member States.

EU strengthens rules for placing medical tests on market 31 May 2022, 23:23 CET
As of 26 May, new rules to better protect public health and patient safety, on in vitro diagnostic medical devices (IVDR) such as HIV tests, pregnancy tests or COVID-19 tests, are applicable.

New rules will shield European consumers from unfair practices online 25 May 2022, 23:29 CET
New consumer rights come into force on 28 May, with the EU's 'Better enforcement and modernisation Directive' to protect consumers from unfair practices online to the same extent that they are offline.

EU proposes tougher rules on assets of oligarchs 25 May 2022, 23:17 CET
The European Commission proposed Wednesday new EU-wide rules on freezing and confiscating the assets of criminals and oligarchs who violate sanctions imposed against them.

EU reaches deal on plans to restock gas reserves 24 May 2022, 22:13 CET
EU Parliament and states reached agreement Thursday on a regulation to set mandatory minimum level of gas in storage facilities to ensure security of energy supply across the EU each winter.

EU maps path away from Russian fossil fuels, Covid 24 May 2022, 22:11 CET
The European Commission issued its spring semester package Monday, providing guidance for EU Member States' economies to break free from the impact of COVID and Russia's invasion of Ukraine.

EU supports Ukraine economy with temporary trade liberalisation 24 May 2022, 22:10 CET
EU ministers gave the green light to significant support to Ukraine's economy Tuesday with a one-year suspension of import duties on all Ukrainian exports to the European Union and other trade concessions.

EU to recognise COVID-19 as occupational disease 23 May 2022, 17:26 CET
Member States, workers and employers in an EU advisory health committee reached agreement Wednesday on the need to recognise COVID-19 as an occupational disease in health and social care.

EU moves to end reliance on Russian fossil fuels 19 May 2022, 22:16 CET
The EU presented its response to the global energy market disruption caused by Russia's invasion of Ukraine Wednesday, with plans to save energy, produce clean energy, and diversify energy supplies.

MEPs want reform of EU emissions trading system 19 May 2022, 18:01 CET
Euro-MPs called Tuesday for the EU's Emissions Trading System to be reformed and its scope enlarged, aiming to incentivise industries to reduce their emissions and invest in low-carbon technologies.

Russia's war with Ukraine hits EU growth outlook 18 May 2022, 22:43 CET
The European Union downgraded its forecasts for economic growth Monday, as Russia's invasion of Ukraine leads to a surge in energy prices and drives inflation to record highs.

EU-Japan reinforce relations 17 May 2022, 19:13 CET
The EU and Japan took steps to strengthen relations Thursday, in digital technologies, trade and investments, climate action, biodiversity protection, sustainable development and security.

EU mulls tougher law on environmental liability 16 May 2022, 21:17 CET
The EU Commission launched a consultation Thursday on the Environmental Liability Directive, the EU framework to prevent and remedy damage to land, water and biodiversity based on the 'polluter pays' principle.

EU to bolster financial sector's defence against cyber-attacks 12 May 2022, 22:48 CET
EU Parliament and Council provisionally agreed Tuesday to strengthen the IT security of Europe's financial sector, to ensure it can maintain resilient operations in any severe operational disruption.

EU strategy to make Internet safer for children 12 May 2022, 22:47 CET
The EU adopted Wednesday a new European strategy for 'a Better Internet for Kids', aiming to improve age-appropriate digital services and ensure every child is protected, empowered and respected online.

Europe's efforts on battery production under EU scrutiny 11 May 2022, 23:33 CET
The EU's auditors launched an audit Tuesday to look into the effectiveness of Commission efforts to develop a globally competitive and sustainable value chain for batteries in the European Union.

EU consults on Payments Services Directive review 10 May 2022, 23:23 CET
The European Commission launched a public consultation Tuesday to gather evidence for the revised Payment Services Directive review and to inform its work on open finance.

Boost for EU research in green and health innovation 10 May 2022, 23:14 CET
An amendment to the Horizon Europe Programme, adopted Tuesday by the EU Commission, increases its budget by nearly EUR 562m to support innovative solutions to green, health and digital challenges.