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Business news and information from the European Union
- EU to freeze Putin, Lavrov assets — 26 February 2022, 23:28 CET
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The European Union imposed sanctions against Russia's president Vladimir Putin and its foreign minister Sergey Lavrov Friday, and adopted wide ranging individual and economic sanctions.
- Russia will 'pay a heavy price' for unprovoked military aggression: EU — 25 February 2022, 17:10 CET
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European leaders at a summit Thursday agreed sanctions on Russia for its 'unprovoked and unjustified' military aggression against Ukraine, which they condemned in the strongest possible terms.
- New Data Act to boost Europe's digital economy — 25 February 2022, 17:09 CET
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A new EU Data Act with rules on who can use and access data generated in the EU across all economic sectors will unlock a wealth of industrial data in Europe, the European Commission said Wednesday.
- EU due diligence law to make corporate governance more sustainable — 25 February 2022, 17:09 CET
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The European Commission unveiled its long-awaited proposal Wednesday for an EU law that establishes a corporate sustainability due diligence duty on companies over a certain size.
- EU eases requirements on non-essential travel from third countries — 24 February 2022, 17:36 CET
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The EU further facilitated travel into the EU Tuesday, updating a recommendation on temporary restriction of non-essential travel into the EU, taking into account increased vaccination and booster uptake.
- EU condemns 'illegal and unacceptable' Russian action in Ukraine — 23 February 2022, 00:39 CET
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The EU condemned Russia's recognition Tuesday of the Donetsk and Luhansk oblasts of Ukraine as independent entities and their invasion by Russian troops, outlining a number of financial and trade sanctions.
- Investment funds: single market benefits 'unrealised', say EU auditors — 22 February 2022, 21:01 CET
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The EU has a framework to establish a single market for investment funds, but not all of its goals have been achieved, the EU's Court of Auditors said Tuesday, with many potential benefits still 'untapped'.
- EU challenges China at WTO to defend high-tech sector — 18 February 2022, 22:50 CET
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The European Union filed a case against China at the World Trade Organization (WTO) Friday for restricting EU companies from going to a foreign court to protect and use their patents.
- Lift-off for satellite-based EU internet system — 18 February 2022, 22:50 CET
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The EU set out ambitious plans Tuesday for a space-based secure communication system, which would deliver high-speed internet access and provide connectivity to Europe and Africa.
- MEPs give green light to reform of road haulage charging — 18 February 2022, 22:50 CET
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The EU Parliament gave its final approval Thursday to new rules on road charges for trucks, which will move from time-based to distance-based charging, making polluter-pays principles work better.
- Rising inflation checks Europe's recovery — 17 February 2022, 23:06 CET
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Inflation and energy prices are expected to hold back growth in the European economy, which is reaching pre-pandemic levels of GDP, according to the EU's winter economic forecast.
- House cricket makes it to list of EU novel foods — 15 February 2022, 23:07 CET
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The house cricket received EU authorisation as a novel food Friday, becoming the third insect approved for consumption by European gourmets, following the dried yellow mealworm and migratory locust.
- MEPs look to strengthen new EU rules for batteries — 11 February 2022, 16:59 CET
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MEPs in committee called Thursday for stronger sustainability, performance and labelling requirements for batteries, as well as more stringent targets for waste collection and recycling efficiency.
- Regional inequalities shrink through EU cohesion policy — 10 February 2022, 18:29 CET
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GDP per capita of less developed regions in the EU is expected to increase by up to 5% by 2023, as regional disparities narrow as a result of its cohesion policy, an EU report said on Wednesday.
- EU implementing decisions ready radio spectrum for 5G — 09 February 2022, 23:39 CET
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The EU Commission adopted Wednesday a number of implementing decisions to ensure that the EU's radio spectrum policy meets the growing demand for broadband and for innovative digital applications.
- New EU Chips Act aims for 'digital sovereignty' — 09 February 2022, 23:39 CET
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The European Commission proposed Tuesday a comprehensive package it says will ensure the EU's security of supply, resilience and technological leadership in semiconductor technology.
- EU aspires to global leadership on standards — 08 February 2022, 18:05 CET
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The EU Commission presented a new standardisation strategy Thursday to set global standards which protect EU values and counter external dependencies and threats from artificial intelligence and hacking.
- EU launches first calls for proposals to support audiovisual industry — 08 February 2022, 18:05 CET
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The European Commission published the first three calls for proposals under the Creative Europe MEDIA 2022 programme Thursday, with a total of EUR 226 million of EU funding available this year.
- EU taxonomy: gas, nuclear are 'environmentally sustainable' — 03 February 2022, 22:28 CET
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The EU Commission published a set of sustainable finance rules Wednesday designed to attract green investment which environmentalists warn could do huge damage to EU environmental action.
- EU tables EUR 1.2 bn emergency aid package for Ukraine — 02 February 2022, 17:43 CET
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The Commission tabled a proposal Tuesday for a new emergency macro-financial assistance (MFA) programme for Ukraine of up to EUR 1.2 billion, following a request from Ukrainian authorities.
- New rules on EU Covid certificates apply from 1 February — 02 February 2022, 17:39 CET
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As of 1 February, new Europe-wide rules started to apply on a standard acceptance period of 270 days for EU Digital COVID vaccination certificates used for travel within the EU.
- Energy taxation fails to square with EU climate goals: auditors — 01 February 2022, 23:43 CET
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Energy taxation can support efforts to combat climate change, but current tax levels do not reflect the extent to which different energy sources pollute, according to a review Monday by EU auditors.
- 'EU Business Register' scam returns to threaten firms' wallets — 01 February 2022, 01:05 CET
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Fraudsters behind the 'EU Business Register' scam are causing havoc once again, cybersecurity technology company Bitdefender warned Thursday, targeting businesses and organisations across the globe.
- EU urges stronger action against online Covid vaccine disinformation — 01 February 2022, 01:05 CET
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Google, Facebook, Microsoft, TikTok and Twitter continue to improve efforts against coronavirus disinformation under an EU code of practice, an EU survey reported Thursday, but more effort is needed.
- EU Council adopts position on common charger for electronic devices — 27 January 2022, 23:08 CET
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EU states agreed Wednesday on a negotiating mandate for the common Europe-wide charger proposal, which would mean buying a new mobile phone does not imply purchase of a new charger as well.