Market News
ZEW: a significant improvement in economic expectations in Germany
Date: 2013-02-19 11:20:22
Economic expectations in Germany are surpassing all expectations in February. After the presentation of the data the euro has strengthened and European share prices have increased. According to the datas...
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Even more success for Hungary
Date: 2013-02-19 11:12:32
While the budget for the European Union's Common Agricultural Policy (CAP) has decreased by some 11%, Hungary will be receiving 12.3 billion euros in agriculture funding within the next financial...
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The price of basic foodstuffs may significantly rise in Ukraine
Date: 2013-02-19 11:12:09
The price of several basic foodstuffs may significantly rise in Ukraine soon. The competent ministry drafted a proposal under which the state regulation on the price of various meat, egg,...
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The National Assembly has decided: tobacco shops can sell alcohol, coffee, soft drinks and newspapers
Date: 2013-02-18 13:21:20
The national tobacco shops can sell spirits and energy drinks, coffee, mineral water, soft drinks, and newspapers – the Parliament decided on Monday. The national tobacco shops can sell spirits...
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Product range expansion is needed at the tobacco shops
Date: 2013-02-18 12:12:15
Lázár János justified the product range expansion in the national tobacco shops with long-term functionality issues. Lázár János, Minister of State said this in relation to MTI on Monday, that...
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There is a chance to resurrect combined transportation
Date: 2013-02-18 11:10:11
The Hungarian Association of Logistics Service Centres (MLSZKSZ), believes that the intermodal (combined) transport can be made competitive without state aid. According to the MLSZKSZ, 5 percent of the road...
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Slovak retail: the percentage of domestic products can be read on the door
Date: 2013-02-18 11:02:31
In Slovakia, the retail chains were required to inform the purchasers of the origin of products: the tables containing theses informations must be placed on the entrance of the store....
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Romanian consumer protection authorities fined distributors of Székely products in Csíkszereda
Date: 2013-02-18 10:57:20
The representatives of the Brasov Consumer Protection Inspectorate visited the Fair of Traditional and Local Products in Csíkszereda accompanied by TV crews. The inspectors identified several irregularities. According to the...
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Spirits made of washer fluids were seized
Date: 2013-02-18 10:50:14
The finance guards of the National Tax and Customs Office (NAV) seized spririts made of presumably washer fluid, from a person in Hejőkeresztúr. The National Tax and Customs Office (NAV)...
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Slowdown in food price increase
Date: 2013-02-15 12:59:52
As expected, agricultural producer prices continued to increase in December, after the peak of October. According to datas from the Central Statistical Office (KSH) in December producer prices rose by...
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Premium category Hungarian pálinka producers would like break into the Russian market
Date: 2013-02-15 11:51:50
The producers of premium category Hungarian pálinkas would like break into the Russian market with their products, so 11 Hungarian companies and manufactures presented their products in Moscow and in...
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Ernst & Young survey: the signs of recovery in the business sector
Date: 2013-02-15 11:50:03
(HU) ...
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VM: According to the Hungarian-French agricultural working group the EU budget is acceptable
Date: 2013-02-15 11:38:19
The Hungarian-French Working Group on Agriculture and Rural Development assessed the EU budget for the 2014-2020 period as acceptable – the Rural Development Ministry (VM) informed MTI on Friday. At...
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Pálinka vendors been caught in Borsod
Date: 2013-02-15 11:02:54
Several people offered their pálinkas for sale on the internet Borsod-Abaúj-Zemplén county. The advertisement has also attracted the attention of tax inspectors. The sellers can expect a substantial fine –...
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Horsemeat scandal: Germany pulls lasagne off shelves
Date: 2013-02-15 10:45:36
Horsemeat has been detected in frozen lasagne on sale in Germany and supermarkets have started removing the product from their shelves. The Real supermarket chain said it had withdrawn TiP...
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KSH: GDP decreased by 2.7 percent in the fourth quarter of 2012
Date: 2013-02-14 13:00:31
Last December, industrial production was 7.6 percent lower tha a year before. In the whole year, decline was 1.7 percent – the Central Statistics Office (KSH) published on Thursday. According...
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Euro area GDP down by 0.6% and EU27 down by 0.5%
Date: 2013-02-14 12:54:42
GDP fell by 0.6% in the euro area1 (EA17) and by 0.5% in the EU271 during the fourth quarter of 2012, compared with the previous quarter, according to flash estimates2...
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Analysts: inflation may continue to fall, to 3.2 – 3.6 percent by the end of 2013
Date: 2013-02-14 12:20:24
Analysts said that inflation certainly continues to decline until mid-year will and can decrease to 3.2 – 3.6 percent by the end of the year, so according to the projections,...
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The National Economy Ministry examines the possibility of VAT reduction on food products
Date: 2013-02-14 12:12:35
The Ministry of National Economy Ministry examines the possibility of VAT reduction on basic food items, but no decision was born yet – InfoRádió writes. According to the recent study...
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The Ministry of Rural Development initiated to certificate fruit wines as intermediate alcohol product
Date: 2013-02-14 12:03:32
The Ministry of Rural Development (VM) initiated to certificate fruit wines as intermediate alcohol product at the Ministry of National Economy and initated strict controls at the National Food Chain...
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Connections should be established between NAV and the cash registers until 1 May
Date: 2013-02-14 12:02:40
According to the most recent Magyar Közlöny, Connections should be established between the National Tax and Customs Administration (NAV) and the cash registers until 1 May. The government decision calls...
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Thirty tonnes of pig meat was blocked by Nébih
Date: 2013-02-14 12:00:24
The National Food Chain Safety Office (Nébih) forbidden the marketing of thirty tons of frozen pork, after a check held at a wholesale warehouse in Budapest – Nébih informed MTI...
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The consumer may pay the fee of returning the product?
Date: 2013-02-13 12:14:28
Internet merchants have had enough that the buyers return those goods to them that they don’t like and the merchants should pay the extra costs. According to the new EU...
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Cargill has become the main sponsor of the “Cast yourself into!” program
Date: 2013-02-13 11:40:12
The Cargill Magyarország Zrt. and the Hungarian Association of Young Farmers (AGRYA) signed a grant agreement, according to which the company interested in agriculture became the main sponsor of the...
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In China customers can check suspicious food products with test strips soon
Date: 2013-02-13 11:30:16
Paper test strips soon to be available to the general public in China, that will allow anyone to check a variety of foods, in particular: are there harmful drug residues...
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Magazine: Drink trends in 2013
Date: 2013-02-13 11:26:03
According to various US and European sources, the following trends are likely to prevail in 2013: growing popularity of sweet wines, special beers will appear in exclusive restaurants – together...
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Online sales value is close to 28 billion euros in Germany
Date: 2013-02-13 11:18:29
Clothes, computers, books: the Germans are purchasing more and more products through the Internet. In Germany, the volume of online trade last year increased significantly, by 5.9 billion euros, ie...
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The Ministry prepared the standards of potato
Date: 2013-02-12 12:01:07
According to the the website of the government, the Ministry records the specifications on the early (new) and stored potatoes Early potatoes can be considered as: “without peeling the skin...
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Analysists of London: Hungary is lucky with the dramatic change of market expectations
Date: 2013-02-12 11:53:10
Hungary raised $3.25 billion in its first foreign bond sale in 21 months, returning to the markets after Prime Minister Viktor Orban abandoned a quest for International Monetary Fund support....
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Horsemeat scandal spreads as French retailers pull foods
Date: 2013-02-12 10:58:42
The Europe-wide scandal over horsemeat sold as beef spread Sunday as six French retailers pulled products from their shelves and France promised to have the results of an urgent inquiry...
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