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European Union (EU): What It Is, Countries, History, Purpose

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What Is the European Union (EU)? The European Union (EU) is a political and economic alliance of 27 countries. It...
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Non-EU Companies Face Challenges Preparing for Europe’s Corporate Sustainability Reporting Directive | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

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European Commission announces additional €680 million investment package for the Western Balkans under the Economic and Investment Plan

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Today, the European Commission announced a new €680 million investment package to support five flagship investments in rail transport and renewable energy in the Western Balkans....
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Critical raw materials: plans to secure the EU’s supply | News | European Parliament

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The Critical Raw Materials Act is designed to make the EU more competitive and sovereign, by cutting red tape, fostering innovation along the entire...
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Large businesses generated half of EU’s net turnover

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In 2022,...
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Tourism statistics – characteristics of tourism trips

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General overview During 2022, EU residents made 1.1 billion trips with overnight stays - regardless of destination and duration (see Table 1). During these trips,...
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New Growth Plan for the Western Balkans

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On 8 November 2023, the European Commission adopted a new Growth Plan for the Western Balkans, with the aim of bringing the Western Balkan partners...
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COP28: EU joins forces with Latin America and Caribbean to combat sargassum and make it an economic opportunity under Global Gateway

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Today at COP28, the EU and the Government of Dominican Republic co-organised the “COP 28 Sargassum Panel – Urgency and Opportunities for Action and...
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Instant payments: the benefits for customers and business | Topics | European Parliament

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Ever been annoyed that you have to wait for days for bank payments to come through? Good news: now there are faster options allowing...
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Why These European Countries Don’t Use the Euro

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The formation of the European Union (EU) paved the way for a unified, multi-country financial system under a single currency: the euro. Most EU...
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Details of the EU Data Act (1)—Data Access Rights and Obligations

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On November 27, 2023, the Council of the European Union adopted the...
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Ukraine Green Recovery Conference

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The EU is supporting Ukraine to build a brighter future on a foundation of environmental sustainability – with funding but also with technical and...
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