Economy & Jobs
EIB cannot do business with Iran, bank chief warns
The European Investment Bank (EIB) would risk its business model if it invested in Iran, because of the sanctions the US reinstated after its withdrawal from the nuclear deal, the president of the EIB told the press on Wednesday (18 July).
Juncker pledges ‘tit for tat’ measures against US
The EU will respond to any provocation coming from the US on trade or any other matter, European Commission President Jean-Claude Juncker warned on Wednesday (18 July) ahead of his trip to Washington to meet Donald Trump next week.
IMF concerned over global trade war
The International Monetary Fund continues to project global growth at 3.9% in 2018, but a rise in trade tensions “are an important downside risk”. EURACTIV’s partner La Tribune reports.
EU must ban ivory trade, or risk becoming a pariah
An EU-wide ban on ivory trade is essential if the global trend to close down markets is to succeed in protecting elephants from poachers, argue Mark Jones and Joanna Swabe.
Juncker to meet Trump in Washington on 25 July
European Commission President Jean-Claude Juncker will meet with US President Donald Trump at the White House on 25 July in an attempt to repair the strained relations between the transatlantic allies.
EU to slam Google with record fine ahead of Juncker US visit
Google is set to face a record-busting EU antitrust fine this week over its Android mobile operating system but rivals hoping that an order to halt unfair business practices will help them may be disappointed.
EU, Japan to sign massive trade deal as US puts up barriers
The European Union's top officials arrive in Japan Tuesday (17 July) to sign the single market's biggest trade deal ever and present a united front as Washington upends the international trade order.
EU-China summit boosts negotiations towards an investment agreement
The European Union and China agreed to enhance market access and investment and to speed up negotiations over geographical indications during a leaders’ summit in Beijing on Monday (16 July). But EU leaders indicated they wanted to see China's promises translated into action.
Commission says Airbnb breaches EU consumer rules, must fall into line
The European Union told Airbnb yesterday (16 July) to bring its terms and conditions into line with the bloc's consumer rules or face action by national consumer agencies, after a review of the short-term rental platform found some violations.
EU leaders head to China and Japan, seeking to restore global trade
After the turmoil of Trump in Brussels, EU leaders are in China and Japan today and tomorrow for two important summits, a sign that Europe is looking to Asia, writes Fraser Cameron.
China set to fully control Portugal’s power grid amid Europe’s inertia
China is set to make further inroads into European infrastructure, as a state-owned company attempts to gain full control of Portugal’s power grid.
Use vouchers to combat grey economy, EU report urges government
EU countries should pilot voucher schemes to assess whether they can be used to combat the grey economy, according to a new report.
France rolls out the red carpet for finance sector post-Brexit
France's prime minister presented new measures to appeal to financial circles, which are currently considering their post-Brexit options. EURACTIV’s partner La Tribune reports.
Europol: Massive seizure of fake pesticides which could spray the size of the UK
Europol’s annual Operation SILVER AXE III seized the largest-ever amount of illegal or counterfeit pesticides in Europe this week. But the fact that such massive amounts of illegal pesticides are available has raised concerns about both the economic and health costs.
Ireland commits to divesting public funds from fossil fuel companies
Ireland committed to divesting public funds from fossil fuel companies on Thursday after parliament passed a bill forcing the €8.9 billion Ireland Strategic Investment Fund (ISIF) to withdraw money invested in oil, gas and coal.
Bulgaria edges closer to joining euro
Bulgaria, the European Union's poorest country, moved a step closer to joining the euro yesterday (12 July).
EU should enforce market surveillance to protect single market
The EU needs to take market surveillance more seriously. This is not only about spending more money, but also about creating more coherent and less complex single market legislation, writes Naemi Denz.OpinionPromoted content
Women with Advanced and Metastatic Breast Cancer should be able to continue or return to work
Important advancements in diagnosing and treating breast cancer in Europe have been made in the last years. However, there are still many challenges to overcome, writes Lydia Makaroff.
Trade war starts to dent European growth
The European Commission cut expected EU growth for this year by 0.2% compared to its forecast less than three months ago, as output was weaker than expected during the first semester and external risks, especially the trade war, are on the rise.
Micro-regulating trading practices between food multinationals and retail will end up in consumers paying
As the European elections and the change of Commission loom next year, the Commission is in a hurry to get its last proposals out and parliamentarians are keen to complete their scrutiny before the campaign trail beckons, writes Christian Verschueren.
Commission rejects auditors’ call to tighten control of EU member states’ debt
The European Commission has rejected the European Court of Auditors’ recommendation to strengthen surveillance of EU member states with high levels of public debt.
Commission approves close surveillance of Greece after bailout
The European Commission adopted a set of measures on Wednesday (11 July) to closely monitor Greece's fiscal policy after it concludes an eight-year-long bailout programme on 20 August, closing one of the darkest chapter's in the single currency's short history.
‘All options’ are on the table to respond to Trump’s tariffs on black olives
The European Commission said on Wednesday (11 July) that “all possible options” are on the table to respond to the confirmation of the US tariffs on Spanish ripe olives, seen by the Europeans as ‘not justified’.