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European Commission

Investors fear Europe Inc’s Q2 earnings rebound probably as good as it gets

European corporate earnings are expected to have more than doubled in the second quarter of 2021, but many investors fear volatility could follow as...

EU set to call time on combustion engine within two decades

The European Union is set to propose measures on Wednesday, as part of a broad climate package, that signal the end of petrol (gasoline)...

EU delays push for digital levy to focus on global tax deal

The European Union said Monday that it would postpone its push for a digital levy to focus on a broader deal for a minimum...

WhatsApp targeted in EU consumer complaints over privacy changes

The European Consumer Organisation (BEUC) and eight of its members filed a complaint with the European Commission and the European network of consumer authorities...

EU fines car manufacturers €875 million over clean emissions technology

The European Commission announced on Thursday that it has found that Daimler, BMW and Volkswagen group breached EU antitrust rules by restricting competition in...

EU Commission revises upward estimates for euro zone growth, inflation

The European Commission announced on Wednesday the activity in the European economy in the first quarter of 2021 exceeded expectations and the improved health...

Romania’s €190 mln restructuring aid for Tarom airline under EU scrutiny

The European Commission announced on Monday that it has opened an investigation to assess Romania's €190 million support measures in favour of the airline...

EU countries approve landmark climate change law

European Union (EU) countries on Monday gave the final seal of approval to a law to make the bloc's greenhouse gas emissions targets legally...

France and Germany drop Russia summit plan after EU’s east objects

European Union leaders on Friday rejected a Franco-German proposal to hold a summit with Russia after Poland and Baltic countries said it would send...

EU Commission extended transitional regime for capital requirements

The European Commission on Thursday extended by one year, the current transitional regime regarding the capital requirements that EU banks and investment firms must...