Jyrki Katainen

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The new fund is aiming to bridge the gap between venture capital in the EU and the US; in 2016 VCs invested about € 6.5 billion in the EU compared with € 39.4 billion in the US.

EU funding of € 410 million will be used to launch a new European venture capital initiative to help bridge the EU and the US, the European Commission(...)

 Plastics and other detritus line the shore of the Thames Estuary. Photograph:  Dan Kitwood/Getty Images

Europe is planning to ensure all plastic packaging in the EU is recyclable by 2030. The move is part of a new policy on plastics published by the Eu(...)

 European Commissioner for agriculture and rural development Phil Hogan said the document marked “a significant step change in the implementation of the CAP”. Photograph: Olivier Hoslet/EPA

Less red tape and a more equitable payment system for struggling farmers are among the key elements proposed by the European Commission in a potential(...)

US president Donald Trump: Republicans in Congress are working  to convince  him to back a shake-up of the US corporate tax regime that would include a “border adjustment” system. Photograph: Mandel Ngan/AFP/Getty Images

Lawyers for the European Union and other trading partners have begun laying the groundwork for a legal challenge to a United States border tax proposa(...)

Irish Airbnb user Tanya O’Halloran, pictured in her Dublin apartment.  Photograph: Aidan Crawley/The Irish Times

When it comes to the collaborative economy, Irish people are among the top students in the EU, a new poll has shown. AirBnB, Uber and other services(...)

Danny McCoy says account must be taken of investment deficits. Photograph: Eric Luke/The Irish Times

Suzanne Lynch in Brussels Ibec chief Danny McCoy has called on the European Commission to adjust its strict fiscal rules in order to facilitate grea(...)

Neelie Kroes left the European Commission at the end of 2014. Photograph: Dara Mac Dónaill/The Irish Times

Uber, the disruptive taxi-booking operator, has recruited a host of senior advisers including former European commissioner Neelie Kroes to help it nav(...)

‘The Volkswagen revelations have highlighted that the system which allows cars to be placed on the market needs further improvement’

The European Commission has tabled legislation seeking greater oversight to ensure car manufacturers “strictly comply” with safety, environmental and (...)

A Uber sticker. Jyrki Katainen, a commission vice-president, said the struggle with Uber raised questions over whether some national rules were fit for purpose in the digital age

Two European commissioners yesterday came to the defence of ride-hailing service Uber and other “sharing economy” companies, casting their critics as (...)

Belgian riot police face angry farmers during a European farmers protest rally near the European institutions in Brussels. Photograph: Olivier Hoslet/EPA

EU agriculture ministers agreed a €500 million aid package for farmers though stopped short of raising the intervention price for dairy products, p(...)

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