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Business news and information from the European Union

New EU rules on toy safety to protect children from harmful chemicals 13 February 2024, 23:42 CET
An EU Parliament committee approved stricter rules on toy safety Tuesday, aiming to bring down the number of unsafe toys on the single market and protect children better from toy-related risks.

EU paves way for European disability card 08 February 2024, 22:46 CET
The European Parliament and the EU Council reached agreement Thursday on an EU directive to establish the European disability card and the European parking card for persons with disabilities.

Remaining intentional uses of toxic mercury to be banned in EU 08 February 2024, 22:21 CET
EU institutions reached political agreement Thursday to phase out use of dental amalgam and prohibit the manufacturing, import and export of a number of mercury-added products, including certain lamps.

First EU-wide rules for platform workers 08 February 2024, 21:56 CET
The EU Council and European Parliament reached a provisional deal Thursday on a bill aiming to improve the working conditions of persons performing platform work.

Euro money transfers to arrive 'within ten seconds' 08 February 2024, 00:11 CET
The European Parliament adopted new rules Wednesday to ensure transferred funds arrive immediately into the bank accounts of retail customers and businesses across the EU.

Brussels takes legal action against Hungary's for new 'sovereignty law' 08 February 2024, 00:11 CET
The European Commission decided Wednesday to open an infringement procedure against Hungary for violating EU law with its new Defence of Sovereignty law.

Clearing package deal boost for EU capital markets 08 February 2024, 00:01 CET
The European Parliament and EU Council reached political agreement Wednesday on new rules to help make EU clearing services more attractive and robust and preserve financial stability.

EU reaches provisional deal on environmental, social and governance ratings 06 February 2024, 19:03 CET
The EU institutions reached provisional agreement Monday on a regulation on environmental, social and governance rating activities to boost investor confidence in sustainable products.

EU aim to speed up roll-out of high-speed networks 06 February 2024, 19:01 CET
The European Parliament and EU Council struck a deal Tuesday on the gigabit infrastructure act, to accelerate the deployment of gigabit network infrastructure for high-speed networks across Europe.

EU looks to ease path towards 2040 climate targets 06 February 2024, 18:40 CET
The EU Commission proposed Tuesday a 90% cut in EU greenhouse gas emissions by 2040 compared to 1990 levels, but has dropped reference to a 30% cut in non-CO2 emissions from agriculture.

EU, IFC to unlock EUR 500m private sector investment for Ukraine reconstruction 05 February 2024, 18:35 CET
The European Commission and the International Finance Corporation signed a guarantee agreement Monday to support investments to help drive an inclusive and sustainable reconstruction in Ukraine.

EU reaches deal to strengthen consumers' right to repair 02 February 2024, 23:10 CET
EU negotiators reached a provisional deal Friday on a directive to reduce waste by promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive.

EU leaders give go-ahead for EUR 50 bn aid package for Ukraine 02 February 2024, 23:09 CET
EU leaders at a special summit Thursday agreed to set up a Ukraine aid facility worth EUR 50 billion for 2024-2027, confirming Europe's commitment to support the country's fight for its freedom.

EU Council and Parliament agree new stock listings act 02 February 2024, 23:09 CET
The EU institutions reached provisional agreement Thursday on a package to make EU public capital markets more attractive for EU companies and easier for companies to list on European stock exchanges.

Brussels to offer derogations to ease pressure on EU farmers 02 February 2024, 00:26 CET
The European Commission proposed Wednesday to allow EU farmers to make use of derogations for 2024 from Common Agricultural Policy rules which oblige them to keep certain areas non-productive.

EU raids tyre firms suspected of price fixing 31 January 2024, 19:13 CET
The EU Commission carried out unannounced raids Wednesday at the premises of several European tyre makers suspected ot violating EU antitrust rules that prohibit cartels and restrictive business practices.

MEPs reach deal with EU states to better label honey to combat fraud 31 January 2024, 18:43 CET
Negotiators from the EU Parliament and Council reached political agreement Tuesday to update rules on the labelling, name, composition and presentation of certain 'breakfast' foodstuffs.

EU makes moves towards mercury-free Europe 31 January 2024, 18:41 CET
The EU Council was set for talks Tuesday to phase out use of dental amalgam and prohibit the manufacturing, import and export of a number of mercury-added products, including certain lamps.

EU reliance on fossil fuels increased slightly in 2022 30 January 2024, 18:32 CET
The EU’s reliance on fossil fuels for its overall energy supply in 2022 showed a slight increase on 2021, from 69.9 to 70.9 per cent, according to figures released Tuesday by the EU statistics agency.

Brussels moves quickly on Nth Ireland agri-trade tariff solution 30 January 2024, 17:36 CET
The EU Commission adopted a proposal Tuesday setting out a new EU-UK joint solution under the Windsor Framework regarding the use of tariff-rate quotas (TRQs) by Northern Ireland businesses.

EU gives go-ahead for new rules to reduce harmful emissions 30 January 2024, 17:36 CET
The EU Council gave its green light Monday to two regulations that strengthen rules on the use of fluorinated gases and ozone-depleting substances that cause global warming.

EU renews economic sanctions against Russia for 6 more months 29 January 2024, 23:02 CET
The EU Council renewed its restrictive measures against Russia for a further 6 months Monday, until 31 July 2024, in view of the country's continuing actions destabilising the situation in Ukraine.

Brussels looks to modernise river information services in EU 29 January 2024, 23:02 CET
The European Commission adopted a proposal Monday to improve the efficiency and reliability of traffic management on Europe's rivers and canals such as the Danube and the Rhine.

EUR 600m awarded to EU energy infrastructure projects 26 January 2024, 22:48 CET
The Commission allocated nearly EUR 600m Thursday to energy infrastructure projects which contribute to Europe's energy security, decarbonisation and greenhouse gas emissions reduction.

Brussels authorises imports of GMOs for food and animal feed 26 January 2024, 22:47 CET
The European Commission authorised on Friday the use of a genetically modified maize, and renewed the authorisation of two genetically modified oilseed rapes, as food and animal feed.