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EU Parliament approves deal to weaken corporate sustainability laws

Published by Global Banking and Finance Review

Posted on December 16, 2025

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BRUSSELS, ‌Dec 16 (Reuters) - The ‍European ‌Parliament gave its formal approval ⁠on ‌Tuesday to scale back the EU's corporate sustainability ⁠laws, clearing one of the ​final legal hurdles before ‌the changes ⁠can pass into law.

The European Parliament voted to ​approve the changes, with 428 lawmakers in favour, 218 against ​and ‍17 abstentions.

EU ​countries will give their final approval to the deal in early 2026 - a formality that ⁠is expected to wave through the ​amendments so they can pass into law.

(Reporting by Kate Abnet, ‌Benoit Van Overstraeten, Editing by Charlotte Van Campenhout)

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