Market News
EU urged to be at forefront of cultivated meat research and innovation
Europe is at risk of falling behind in the race to commercialize cultivated meat, heard the first ever European Parliament debate about cultivated meat, held on Wednesday 13 July. The...
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Artificial meats can also be expected to gain popularity in Hungary
Due to climate change, depletion of natural resources, mass migration, epidemics, and the Russian-Ukrainian armed conflict, the world’s food economy has reached a turning point. The listed factors, as well...
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(HU) EY: látványosan nőtt a külföldi befektetések száma Magyarországon
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Ministry of Agriculture: sustainability and competitiveness are incentives for agriculture
For the government’s agricultural policy, it is important to create a balance between the economic, environmental and social dimensions of sustainability, the importance of which is also confirmed by the...
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Nébih examined dietary supplements
According to the results of the laboratory tests, the amount of omega-3 fatty acids marked on the packaging was correct for all of the 21 dietary supplements tested, and labeling...
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The idea of closing shops on Sunday came up again
After six peaceful years, the idea of closing shops on Sundays came up again. This time, an employee union came up with the new idea of a somewhat modified Sunday...
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In June, there was another inflation record in the euro area
In June, the annual inflation rate of the Eurozone rose to a new record of 8.6 percent from 8.1 percent in May, according to the European Union’s statistical office Eurostat’s...
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Surprising: price increases can come from an unexpected side
And as the wedding season draws to a close, the rush for the best gifts begins, as many people want to surprise the newlyweds with more than just an envelope....
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Parliament passes 2023 budget
Hungary’s parliament on Tuesday passed the government’s draft budget for 2023, with 135 votes in favour and 54 votes against. The voted unified proposal deals with economic growth of 4.1...
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“While we panic, the animals die” – the drought causes many problems
Due to the drought, there is hardly any fodder in the eastern part of the country, even though the stocks must be replenished in these weeks, which would be fed...
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Paying the wages in euros: in what cases is it possible?
Due to the unpredictable changes in the forint exchange rate, the question may arise more and more often for employers as to how the purchase value of the wages to...
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(HU) A globális élelmezési válságmegoldását sürgetik a nemzetközi szervezetek vezetői
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SZTE researchers have developed a procedure for measuring and predicting drought
Researchers of the Department of Geoinformatics, Natural and Environmental Geography of the University of Szeged (SZTE) have developed a nationally used procedure for measuring and forecasting drought – the public...
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Használtautó.hu: even with constantly rising prices, the demand for used cars is increasing
Despite the constantly rising prices, the demand for used cars is increasing – Használtautó.hu told MTI on Tuesday. According to the announcement, the number of cars imported from abroad increased...
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Onion crop seriously affected by severe weather conditions
Hungarian cuisine is really fond of onion, but this year we well really feel like onion crop getting more and more “hot”, because of severe weather conditions. Although red onion...
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EU research center: almost half of the EU territory is threatened by drought
46 percent of the territory of the EU, mainly the southwestern parts of Europe, is threatened by drought – drew attention to the report published by the Joint Research Center...
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The IMF worsens its global economic forecast for this year
In its July report, the International Monetary Fund (IMF) significantly worsens its forecast for the expected performance of the world economy this year, Ceila Pazarbasioglu, director of the IMF’s strategy,...
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Eight thousand boxes of untaxed cigarettes were seized near Záhony
Eight thousand boxes of untaxed cigarettes were found on a farm near Záhony – the National Tax and Customs Administration (NAV) informed MTI on Monday. The tax inspectors were conducting...
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Croatia was upgraded by Moody’s due to the favorable effects of joining the euro next year
Moody’s Investors Service raised the rating of Croatia’s long-term public debt in foreign currency and domestic currency by two notches to the investment recommendation band. The international credit rating agency...
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Companies fear the energy crisis and rising prices
The price increase generated by the war situation and extreme uncertainty shocks consumers who purchase energy from the competitive market; to this is added the effect of the product structure...
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Forint strengthened on Monday
On Monday, the forint strengthened against the main currencies, while against the euro it only strengthened by 0.1 percent, and against the dollar and the Swiss franc both by 0.8...
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The EU agriculture ministers in Brussels also discussed the agricultural aspects of the war, the KAP Strategic Plans and the Hungarian drought situation
Europe is hit by a crisis due to the war and the Brussels sanctions, which also affects the food supply and prices. The Hungarian Minister of Agriculture also spoke in...
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National Association of Hungarian Accountants: a gross error has slipped into the new KATA Act
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This year, the Eastern Hungarian Agricultural Forum and the tractor pulling competition will be held again in Hajdúböszörmény
The Eastern Hungarian Agricultural Forum, the Hajdú International Tractor Pulling Competition and the National Amateur Tractor Pulling Championship will be held again between August 12 and 14 after the forced...
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Aldi rations water bottles amid 40°C heatwave in UK
Aldi has begun rationing water as temperatures continue to soar due to the UK’s heatwave. The discounter said it is limiting customers to one type of bottled water per person. Shoppers...
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Mosquito control continues on 20,000 hectares
In the coming days, mosquitoes will be exterminated in the capital’s Danube-side areas, in Győr-Moson-Sopron county, in the Csorna area, in some settlements in Veszprém and Vas counties, in the...
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Climate change worries meat and dairy investors but not enough to affect financial decisions
Climate change worries meat and dairy investors but not enough to affect financial decisions – reveals Changing Markets Foundation’s report “Stranded in a vicious cycle”. The production of meat and...
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The advertising industry asks the government to reconsider the new kata law
The Hungarian Advertising Association (MRSZ) and its affiliates are asking the government to reconsider the new kata law, because in their opinion it causes a negative domino effect in the...
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So far, more high-quality wheat has been collected in Tolna than last year
More high-quality wheat than last year was harvested on 59 percent of the crop area in Tolna County; the average yield of barley falls short of the previous year –...
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Nagy István: joint action is needed to solve the transport of Ukrainian grain exports
A joint action is needed to solve the transport of Ukrainian grain exports – stressed Nagy István, Minister of Agriculture on Friday on M1 news channel, after meeting with Mykola...
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