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EU business profit share slips to 40% in 2024

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  The share of profits earned by non-financial corporations across the European Union fell to 40.1% in 2024, marking a decline of 1.6 percentage...
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EU marks 25 years of the Charter of Fundamental Rights with progress report and fresh commitments

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EU Commission accepts TikTok commitments on ad transparency under Digital Services Act

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European Parliament election campaign wins top creative industry award

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EU culture ministers push to safeguard public media from disinformation as Hungary signals veto

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EP leaders head to Nicosia as Cyprus prepares for EU Council presidency

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EU and Southern Mediterranean partners launch landmark “Pact for the Mediterranean” in Barcelona

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MEPs back stricter transparency rules for third-country lobbying

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business

Latest News

EU business profit share slips to 40% in 2024

EU business profit share slips to 40% in 2024 EU business profit share slips to 40% in 2024
  The share of profits earned by non-financial corporations across the European Union fell to 40.1% in 2024, marking a decline of 1.6 percentage...
Read More...

EU marks 25 years of the Charter of Fundamental Rights with progress report and fresh commitments

EU marks 25 years of the Charter of Fundamental Rights with progress report and fresh commitments EU marks 25 years of the Charter of Fundamental Rights with progress report and fresh commitments
  As the European Union prepares to mark the 25th anniversary of its Charter of Fundamental Rights, the European Commission has released...
Read More...

EU Commission accepts TikTok commitments on ad transparency under Digital Services Act

EU Commission accepts TikTok commitments on ad transparency under Digital Services Act EU Commission accepts TikTok commitments on ad transparency under Digital Services Act
  The European Commission on Monday accepted a set of binding commitments from TikTok aimed at bringing the platform into compliance with...
Read More...

European Parliament election campaign wins top creative industry award

European Parliament election campaign wins top creative industry award European Parliament election campaign wins top creative industry award
  The European Parliament’s communication campaign for the 2024 European elections has won one of the advertising industry’s highest...
Read More...

World peace under strain — yet some countries still shine

World peace under strain — yet some countries still shine World peace under strain — yet some countries still shine
  As a storm of conflicts, rising militarisation and geopolitical fragmentation rattles the globe, the annual Global Peace Index 2025 paints...
Read More...

Macron’s anti-fake news push sparks backlash from right-wing media

Macron’s anti-fake news push sparks backlash from right-wing media Macron’s anti-fake news push sparks backlash from right-wing media
  French President Emmanuel Macron’s campaign to combat online disinformation is facing stiff resistance from right-wing media outlets...
Read More...

EU culture ministers push to safeguard public media from disinformation as Hungary signals veto

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  EU culture ministers meeting in Brussels on Friday are poised to endorse a set of conclusions designed to bolster access to trustworthy...
Read More...

EP leaders head to Nicosia as Cyprus prepares for EU Council presidency

EP leaders head to Nicosia as Cyprus prepares for EU Council presidency EP leaders head to Nicosia as Cyprus prepares for EU Council presidency
European Parliament President Roberta Metsola and the leaders of the Parliament’s political groups will travel to Nicosia on 1–2 December,...
Read More...

EU and Southern Mediterranean partners launch landmark “Pact for the Mediterranean” in Barcelona

EU and Southern Mediterranean partners launch landmark “Pact for the Mediterranean” in Barcelona EU and Southern Mediterranean partners launch landmark “Pact for the Mediterranean” in Barcelona
  European Union ministers and their counterparts from Southern Mediterranean nations convened in Barcelona today to officially launch...
Read More...

MEPs back stricter transparency rules for third-country lobbying

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  The European Parliament has adopted its position on new rules designed to make lobbying on behalf of third countries more transparent...
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EU sets targets for reducing food waste by 2030

The European Parliament and the Council have reached a provisional agreement on new measures aimed at reducing food and textile waste across the EU. The new rules establish binding targets for food waste reduction at the national level, requiring a 10% reduction in food processing and manufacturing and a 30% reduction per capita in retail, restaurants, food services, and households by 31 December 2030. These reductions will be measured against the average food waste levels recorded between 2021 and 2023.

To further combat food waste, EU member states must ensure that key economic operators identified in each country facilitate the donation of unsold food that is still safe for human consumption.

Extended producer responsibility for textile waste

The agreement also introduces extended producer responsibility (EPR) schemes for textiles, requiring manufacturers to cover the costs of collecting, sorting, and recycling textile waste. These obligations will apply 30 months after the directive enters into force, including for companies that sell products via e-commerce, regardless of their location inside or outside the EU. Micro-enterprises will have an additional 12 months to comply.

The regulation covers various textile products, including clothing, accessories, footwear, blankets, bed and kitchen linen, curtains, and hats. Additionally, EU countries may choose to implement similar EPR schemes for mattresses.

To address concerns over fast fashion and ultra-fast fashion, negotiators have agreed that financial contributions under EPR schemes should reflect the impact of these business models.

Parliament’s perspective

Rapporteur Anna Zalewska (ECR, PL) emphasized the significance of the agreement, stating:
"We have successfully secured measures to reduce both food and textile waste at the municipal level. The agreement ensures that food waste reduction policies are realistic and feasible for member states while safeguarding the agriculture sector. We have also established a legal framework requiring producers to contribute to the effective separate collection of textiles. Additionally, we have minimized the administrative burden for both member states and economic operators."

Next steps

The agreement follows an early second reading procedure, meaning negotiations took place after the European Parliament’s initial reading. The Council must now formally adopt its position, after which the European Parliament will endorse the agreement in a second reading.

Background

Each year, the EU generates approximately 60 million tonnes of food waste, equating to 132 kg per person, and 12.6 million tonnes of textile waste. Of this, 5.2 million tonnes come from clothing and footwear alone, which translates to 12 kg of waste per person annually. Currently, less than 1% of textiles worldwide are recycled into new products.

In July 2023, the European Commission proposed revising EU waste regulations, specifically targeting food and textile waste. Under the existing rules, EU countries are already required to set up separate textile collection systems by 1 January 2025.

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