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Business news and information from the European Union

MEPs back new rules for fair access to and use of industrial data — 14 March 2023, 18:27 CET

The EU Parliament gave its approval Tuesday to the Data Act, which clarifies who can access data and on what terms, and empowers a wider range of private and public entities to share data.

EU electricity market reform to boost renewables, protect consumers — 14 March 2023, 18:17 CET

The European Commission proposed reforms to the EU's electricity market Tuesday, to speed up uptake in renewables and the phase-out of gas, and better protect consumers from future price spikes.

EU steps up defence against maritime threats — 14 March 2023, 00:02 CET

The EU Commission and foreign policy chief adopted a joint strategy Friday to boost EU maritime security to ensure peaceful use of the seas and safeguard the maritime domain against new threats.

New 2030 targets for EU energy efficiency "lack ambition" — 14 March 2023, 00:02 CET

EU presidency and European Parliament negotiators struck a provisional political agreement Friday to reduce final energy consumption at EU level by 11.7% in 2030.

Chemical substances top list of non-food health hazards in EU — 14 March 2023, 00:02 CET

Health risks linked to chemical substances were the most frequent type of risk notified to Europe's rapid alert system for dangerous non-food products, the EU Commission reported Monday.

EUR 116m EU funding for environment projects — 10 March 2023, 18:42 CET

Over EUR 116 million of EU LIFE programme money will help eight major projects in 7 EU states reach their climate and environmental targets, the Commission announced Thursday.

EU raises Erasmus education budget to help Ukraine — 09 March 2023, 16:43 CET

The Commission adopted a revised Erasmus+ annual work programme for 2023 Thursday, with the overall budget for the year rising to a record annual total for the programme of EUR 4.43 billion.

EU fiscal policy for 2024 to focus on future growth and debt sustainability — 09 March 2023, 16:27 CET

EU states' fiscal policies in 2024 should ensure medium-term debt sustainability and promote sustainable and inclusive growth, the Commission said Wednesday in its guidance on fiscal policy for next year.

EU acts to mitigate risk of medical devices shortage — 08 March 2023, 21:48 CET

The EU Council adopted a regulation Tuesday which extends the deadline for the certification of medical devices, with a view to mitigating the risk of shortages for European patients.

EU raids fragrance industry premises in antitrust probe — 08 March 2023, 18:34 CET

The European Commission carried out unannounced inspections Tuesday at the premises of companies, and an association, active in the fragrance industry in various EU states.

EU teacher academies help to address teacher shortage — 07 March 2023, 22:46 CET

The EU Commission presented 16 new Teacher Academies Tuesday, offering teachers learning opportunities that include mobility, learning platforms and professional communities.

Schengen info systems upgrade now in force — 07 March 2023, 22:18 CET

A strengthened Schengen Information System (SIS) entered into operation Tuesday, with more complete and reliable information to enhance security and border management in Europe.

Council agrees position on short-term rentals data — 06 March 2023, 22:25 CET

EU competitiveness ministers agreed Thursday a negotiating mandate for a regulation on data collection and sharing for short-term accommodation rental services.

UN reaches historic ocean treaty — 06 March 2023, 22:23 CET

Global negotiations concluded at the United Nations Saturday on a landmark treaty to protect the ocean, tackle environmental degradation, fight climate change, and prevent biodiversity loss.

WhatsApp promises EU to change practices — 06 March 2023, 22:16 CET

Following dialogue with consumer protection authorities and the EU Commission, the US WhatsApp messenger service committed Monday to being more transparent on changes to its terms of service.

Brussels eyes new digital driving licence — 02 March 2023, 18:58 CET

The Commission proposed a world first digital driving licence Wednesday, part of a package to modernise driving licence rules and facilitate enforcement of traffic rules across borders.

EU commits EUR 816.5m to protect oceans — 02 March 2023, 18:57 CET

The EU confirmed Thursday strong engagement for international ocean governance by announcing 39 commitments for action for the year 2023 funded to the tune of EUR 816.5 million.

EU to boost renewable hydrogen economy — 02 March 2023, 18:51 CET

The EU Commission and key stakeholders signed a joint declaration Wednesday highlighting the key role of sustained efforts in renewable hydrogen research and innovation.

EU agrees draft deal on European green bonds — 01 March 2023, 23:02 CET

EU negotiators struck a deal on the European Green Bond Regulation Tuesday, establishing an EU voluntary high-quality standard for the issuing of environmentally sustainable bonds.

EUR 7.5m to support integration of Ukrainian SMEs into Single Market — 28 February 2023, 20:08 CET

The Commission launched two calls for proposals Tuesday under 'ReadyForEU' aimed at helping Ukrainian entrepreneurs and businesses to benefit from the Single Market.

EU sends Apple antitrust objections over music streaming rules — 28 February 2023, 18:41 CET

The European Commission sent a Statement of Objections to American technology company Apple Tuesday clarifying its concerns over App Store rules for music streaming providers.

EU imposes tenth package of sanctions on Russia — 27 February 2023, 19:22 CET

On the one-year anniversary of Russia's full-scale invasion and brutal military aggression against Ukraine, the EU Council on Saturday imposed its 10th package of sanctions on Russia.

EU and UK agree Northern Ireland Brexit deal in principle — 27 February 2023, 19:22 CET

The EU Commission and UK Government agreed in principle Monday on a set of joint solutions, the 'Windsor Framework', aimed at addressing the practical challenges faced by the people of Northern Ireland.

Brussels to extend Ukraine trade benefits by a year — 26 February 2023, 22:44 CET

The EU is set to renew the suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union - known as the Autonomous Trade Measures (ATMs) - for another year.

Gigabit infrastructure to transform EU connectivity — 23 February 2023, 22:38 CET

The EU Commission presented a set of actions Thursday to make Gigabit connectivity available to all across the EU by 2030, with a view to enabling "transformation of the connectivity sector" in the EU.