Economy

Animation 04:45 News

Planned obsolescence: Why things don't last

Economy - 29.06.2017 16:00

In the fight against planned obsolescence, the European Parliament wants to set minimum resistance criteria for products and better inform consumers about their durability. The aim is to encourage repair and reduce waste. The good news ? 77% of consumers in the EU would rather fix broken products than buy new ones.

economy 01:29 News

Tackling trade dumping

Economy - 20.06.2017 12:00

Imports from outside the EU reached €468.2 billion in the first quarter of 2017. To avoid unfair competition for European businesses and workers, fines are imposed on third countries deemed to be “dumping” goods into the EU market. The European Parliament is looking at a new methodology for calculating anti-dumping duties, where “significant market distortions” are the basis for calculations.

infographics 01:27 News

EU Blue Card: filling the skills gap

Economy - 15.06.2017 12:00

EU Member States are facing employment shortages in a number of key sectors: Europe could need up to 756,000 skilled ICT workers and around a million healthcare professionals by 2020. A revised EU Blue Card aims to attract the world's best and brightest.

An animated graphic highlighting the end of roaming surcharges in 2017. 00:36 News

End of roaming

Economy - 14.06.2017 16:47

Why should it cost extra to call friends and family from another EU country? As of June 2017, roaming surcharges are abolished in Europe. The European Parliament has fought for this ban by consistently capping charges since 2007. Now you can call, text or surf from anywhere in the EU for the same price as at home.

Pollution 01:28 News

Effort sharing: driving Europe's ambitious climate goals

Economy - 13.06.2017 17:18

The European Union has set ambitious targets in reducing greenhouse gas emissions. European lawmakers are poring through the EU’s largest climate tool, the Effort Sharing Regulation (ESR). This law covers some 60% of the EU’s greenhouse gases.

Animation 01:17 News

Digital Europe: On the cusp of 5G

Economy - 01.06.2017 09:00

The EU wants to be a truly digital economy and be at the forefront of transitioning into a gigabit society by 2025, where 5G technology is the norm. Parliament is looking through an action plan to roll out 5G across the bloc.

Cross-border portability 01:29 News

Streaming without borders: new rules for online content

Economy - 17.05.2017 17:36

Border checkpoints for Europeans may be a thing of the past, but what about the borders that exist online? A new legislation adopted by the European Parliament allows consumers to take their online content with them wherever they go in the EU.

Surgeons performing surgery with medical devices. 03:33

Medical devices: Better regulation for Europe

Economy - 04.04.2017 10:00

French breast implant manufacturer PIP's decision to put dangerous gels in their products is one example of recent scandals involving medical devices. The European Parliament wants greater scrutiny on the industry. New legislation enforces stricter regulation and encourages innovation. In vitro diagnostic medical devices lead to better treatment and improve the health of EU citizens.

Two miners wearing torches and sitting on the mine floor. 04:23

Conflict minerals: The truth behind your smartphone

Economy - 17.03.2017 10:02

We all use electronic devices like mobile phones, but where do the materials that make them come from? Tin, tungsten, tantalum and gold are the four most common 'conflict minerals', known collectively as 3TGs. Their mining causes insecurity and human rights abuses in many regions. Armed groups clash over their illegal trade. Fairphone is one manufacturer which takes responsibility to ensure its supply chains extract minerals lawfully. The European Parliament is pushing for more transparency in supply chains through mandatory OECD due diligence systems.

A bulldozer scoops up waste in a warehouse 04:31

Circular economy: The space we waste

Economy - 13.03.2017 09:00

If a loaf of bread goes stale you throw it in the bin, but where does it go from there? In a linear economy it goes into landfills - large spaces dedicated to excess waste. The European Parliament wants to move towards a circular economy model. Companies like Jaw Brew turn stale bread into beer. Better waste management and resource productivity yields more positive results for the economy and environment.