EU Law
Latest business news about EU law, legal issues and the European Court of Justice
EU okays bail-out of Spain's Caja Castilla-La Mancha
The European Commission has authorised, under EU state aid rules, Spanish aid for the restructuring of Caja Castilla-La Mancha because it adequately addresses the problems that led to the bail-out of the bank in 2009 whilst avoiding undue distortions of competition.
EU approves bank support schemes in 4 Member States
The European Commission has extended, under EU state aid rules, until 31 December 2010, guarantee schemes for banks in Ireland, Spain and Denmark and a liquidity scheme in Hungary. The extended schemes feature higher premiums to be paid by the banks for the guarantees and liquidity granted by the State.
Euro-MPs call for food price transparency
New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said the European Parliament's Agriculture Committee on Monday.
EU reviews options for revised Market Abuse Directive
The European Commission have launched a public consultation on the review of the Market Abuse Directive. Its objective is to consult financial market participants, governments, competent authorities and other stakeholders on the modifications to the Market Abuse Directive that the Commission is considering for its forthcoming legislative proposal.
EU approves Foxconn's acquisition of Sony's television production in Slovakia and Mexico
The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Taiwanese company Foxconn of Sony entities producing televisions in Slovakia and Mexico.
EU launches multilingual website on succession laws
EU citizens living outside their home countries are confronted with different succession laws in the 27 EU Member States. To help citizens become better informed about these laws, the Council of the Notariats of the EU launched a website today in 22 EU languages plus Croatian.
New EU measures to ease access to structural funds
The EU adopted yesterday new measures aimed at simplifying management rules for the structural and cohesion funds to help regions tackle the crisis. The changes should help to facilitate access to the funds and accelerate flows of investment at a time when public budgets are under pressure.
Portugal must comply with Natura 2000 rules, warns EC
The European Commission has requested that Portugal ensure coastal developments in sensitive natural areas are fully compliant with EU environmental protection law.
EC tells UK to comply with EU data protection rules
The powers of Britain's data protection authority need to be strengthened if they are to comply with the EU's Data Protection Directive, the European Commission said today.
12 Member States warned to implement EU rules on shareholders' rights
The European Commission is taking action against a twelve EU Member States in the area of public procurement and for late implementation of the Shareholders' Rights Directive.
New EU trust label to make e-trading more reliable
The European Parliament's Internal Market Committee approved today new proposals for a European trust mark to encourage cross-border e-trading by building consumer trust.
EU approves EUR 390m aid for Polish gas project
The European Commission has authorised, under the EU state aid rules, the provision of state grants amounting to EUR 390 million for the construction or capacity increase of four underground gas storage sites in Poland.
EU to investigate aid granted to SEA Handling of Italy
The European Commission has opened an in-depth investigation into compensation for losses incurred by SEA Handling, an Italian groundhandling company operating at airports in Milan. The losses have been absorbed by the Italian authorities since 2002 through the public airport operator at Milan Malpensa and Milan Linate airports.
EU approves acquisition of Mitgas by RWE of Germany
The European Commission has cleared under the EU Merger Regulation the acquisition of Mitgas (Germany) by enviaM (Germany), which is wholly controlled by RWE of Germany.
EU okays conditionally DFDS acquisition of Norfolk
The European Commission has approved under the EU Merger Regulation the acquisition of Norfolk, a ferry and cargo shipping provider in the North Sea, by DFDS of Denmark. The approval is conditional upon the conclusion by DFDS of a space charter agreement on routes between the UK and Denmark.
EU approves Procter & Gamble's Sara Lee acquisition
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Sara Lee Air Care business by Procter & Gamble, both of the US.
Commission approves RBS Sempra sale to JP Morgan
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of RBS Sempra Commodities LLP, the commodities trading arm of UK-based Royal Bank of Scotland, by JP Morgan Chase & Co.
EU-US Open Skies: MEPs call for open markets
The European Parliament regrets continuing US restrictions on EU companies' ownership of stakes in US airlines, calls for better protection of air passengers' personal data, and says airlines from both sides should be included in emission trading rules, in a resolution passed on Thursday.
EU must enforce rail liberalisation, say MEPs
The European Commission should launch infringement proceedings without delay against EU Member States who have not yet opened up their rail networks to competition, says the European Parliament in a resolution adopted on Thursday.
EU approves Italian retail gas joint venture between A2A and Gazprom
The European Commission has cleared under the EU Merger Regulation an Italian gas retail supply company between A2A Spa of Italy and Gazprom Germania GmbH, a subsidiary of Gazprom.