More than 41 million counterfeit goods were seized across the EU last year
More than 41 million counterfeit products were seized by the customs authorities of the member states of the European Union (EU) last year at the EU’s external borders. The total value of the goods exceeded 670 million euros, the European Commission said on Thursday.
According to the information, more than one third of the goods seized were made up of everyday products that are hazardous to health and safety, such as food and beverages, medicines, toys and household electrical items.
In the largest number, in about 24 percent cigarettes were confiscated by the authorities, 17 percent were toys, 13 percent foods and 12 percent different packaging materials. The number of seized items increased by 2 percent, compared to the data recorded in 2015. (MTI)
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone…
Read more >Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >