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Business news and information from the European Union

56,000 persons surrendered on European arrest warrant since 2005
Since 2005, 185,575 European Arrest Warrants were issued and 56,298 executed, according to a report Thursday assessing the transposition of the European arrest warrant in 27 Member States and the UK.

EU rules on small antennas pave way for 5G network
The EU Commission adopted an implementing regulation on small-area wireless access points Wednesday - crucial for the deployment and increased coverage of high-capacity, high-speed 5G networks.

EU extends current CAP rules until end 2022
EU farm ministers reached provisional agreement with the European Parliament Wednesday on continuing farming support under the current legal framework until the new CAP enters into force end 2022.

EU states likely to miss 2030 clean air targets
Most EU Member States are at risk of not complying with their 2020 or 2030 emission reduction commitments, a first Commission report on implementation of the European clean air rules has found.

EU reach provisional agreement on consumer class actions
New rules on collective redress, agreed Wednesday by EU states, will enable consumers to seek effective judicial protection collectively when traders’ infringements of EU laws deprive them of their rights.

GDPR 2-year review: progress across EU, but more needed
Two years on, the General Data Protection Regulation has met most of its objectives, with a set of enforceable rights and a new European system of governance and enforcement, says a report out Wednesday.

Brexit brings no benefits, no-deal will hit manufacturing hard: report
An EU-UK no-trade deal would have a big negative effect on British manufacturing, says a report Wednesday, particularly on volume car production, as it tries to recover from the slump caused by Covid-19.

Banking rules revised to help COVID recovery
The EU agreed to temporarily adapt its banking rules Wednesday in order to maximise the capacity of banks to lend money and support households and businesses to recover from the COVID-19 crisis.

Importance of China to EU's COVID recovery underlined at summit
The importance of the EU's trading relationship with China for recovery from COVID-19 was underlined at a video conference summit Tuesday but Hong Kong and human rights was high on the agenda.

Pandemic recovery the focus for EU's innovation performance
Europe's innovation performance continues to improve, surpassing the United States, an EU report said Tuesday, with the focus of research activities being on overcoming the coronavirus pandemic.

Social media platforms improve action against hate speech
Social media platforms such as Facebook and Twitter have improved action on countering illegal hate speech online, says a Commission report, but better transparency and user feedback is still needed.

EU signs aviation agreement with Japan
The EU and Japan signed an agreement on civil aviation safety Monday, with the aim of boosting EU cooperation with Japan and reinforcing the competitiveness of the EU's aviation industry.

MEPs greenlight criteria for sustainable investments
Financial products that claim to be sustainable will have to prove it, following the European Parliament's green light Thursday to new rules aimed at preventing 'greenwashing' and boosting green investments.

MEPs display unwavering support for EU position in Brexit talks
With little time left to agree the UK's future relationship with the EU, MEPs on Thursday said a deal on a level playing field and on fisheries would be needed if the European Parliament is to give its consent.

EU seeks to bolster trade defence again foreign state-subsidised takeovers
The EU Commission adopted Wednesday a White Paper dealing with distortive effects of foreign subsidies in the Single Market, in a bid to defend European companies from foreign state-subsidised takeovers.

EU looks for joint breakthrough in coronavirus vaccine
The EU Commission presented Wednesday plans for a joint European approach to the development, manufacture and deployment of vaccines against COVID-19, and a permanent solution to the pandemic.

Brussels opens antitrust probe into Apple Pay
The European Commission opened a formal antitrust investigation Tuesday to assess whether Apple's conduct in connection with Apple Pay, such as its terms and conditions, violates EU competition rules.

EU states agree interoperability solution for mobile tracing apps
EU states, with Commission support, agreed Tuesday a set of technical specifications for safe exchange of information between national contact tracing apps based on a decentralised architecture.

EU plans for relaunch of European tourism
The EU cranked up plans to relaunch tourism in Europe Monday with the launch of 'Re-open EU', an online platform with information on borders and available transport and tourism services in Member States.

Brussels looks to remove travel restrictions to EU on 1 July
The EU announced Thursday that it is making concrete preparations for the lifting of travel restrictions with countries whose health situation is similar to the EU's and for resuming visa operations.

EU asks online platforms to report on fake coronavirus news
The EU stepped up its campaign against online disinformation Wednesday, asking online platforms for monthly reports on action to promote authoritative content and limit fake information on the coronavirus.

EU and UK agree new push for Brexit deal in July
EU leaders and British prime minister Boris Johnson agreed in a videoconference Monday to intensify Brexit talks in July to create the best conditions for concluding and ratifying a deal by the end of 2020.

Euro candidates still to meet EU convergence demands
The European Commission published the 2020 convergence report Wednesday, in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro.

EU reaches provisional deal on new rules for truck drivers
The EU Parliament's transport committee endorsed Monday a provisional agreement with ministers to improve driver working conditions, posting of drivers and better enforcement against illegal practices.

Water quality 'excellent' in 85 pct of Europe's beaches: EU survey
85% of swimming sites across Europe monitored in 2019 met the EU's stringent 'excellent' quality standards, according to this year's European bathing water quality assessment published on Monday.