Market News

There could have been hundreds of billions of forints losses in the ornamental horticulture sector

Without government intervention, there could have been hundreds of billions HUF losses in the ornamental horticultural sector – Orlóci László, president of the Organization of Hungarian Ornamental Gardeners told M1...

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The next generation can be dismissed

As a result of the economic shock caused by the coronavirus pandemic, many people could lose their livelihoods even during the summer, according to a recent survey by the Pénzcentrum....

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Five things we didn’t know about margarines

Is margarine hydrogenated and full of trans fatty acids? Maybe plastic, so it has no nutritional value at all? Although margarines are a popular food in Hungary, many urban legends...

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ECB: economic performance in the euro area could reach pre-crisis levels by 2022

According to the most likely scenario, the economic performance of the euro area after the downturn due to the viral outbreak could reach pre-crisis levels by the end of 2022,...

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Further easenings in Austria

All stores can open at our western neighbor on May 2nd. From May 4, education will also gradually resume, and from the middle of the month, restaurants and bars will...

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The state of emergency will be extended until 24 July in France

The French government has decided to extend the state of health declared due to the coronavirus pandemic until July 24, the health minister has announced. The lifting of the two-month...

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The era of handshakes is over?

Handshakes have been put on pause amid the coronavirus pandemic — and they may never come back if some Americans get their way. More than half of Americans surveyed in...

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Irrigation’s cooling effect on crops

In a recent U.S.-based study, a research team led by University of Illinois scientists discovered 16% of the yield increase from irrigation is attributable to cooling alone. “This study highlights...

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Coronavirus To Accelerate UK Grocery’s Digital Shift, Says Sainsbury’s Boss

The coronavirus pandemic is accelerating a digital shift in UK grocery shopping as Britons embrace home delivery, click and collect and technologies such as in-store scanning, the boss of Sainsbury’s...

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One-fifth of UK consumers reduce meat consumption during outbreak, The Vegan Society reveals

A fifth of UK consumers have cut down on their meat consumption during the COVID-19 pandemic, according to a survey conducted by The Vegan Society. It also found 15 percent...

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Four Hungarian Nominees for the GlobalShop trade show

For the first time, this year POPAI Hungary Association – with the sponsorship of Zewa and SPAR – organised the POPAI Student Design Awards. This competition followed in the footsteps...

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Reopening physical stores

POPAI and Shop!* chapters keep in touch and the member organizations are constantly informing each other about the consequences of the virus situation, with particular regard to the development of...

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The government has submitted a bill on a special retail tax on high-income companies

The government has submitted a bill on a special retail tax on high-income companies to the Parliament – the Ministry of Finance (PM) told MTI. The ministry’s announcement explains that...

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The Poultry Product Council is urging an EU import restriction

EU Poultry Product Council urges EU import restrictions to keep the sector afloat – Product Council Chairman and Director told M1 news channel on Tuesday. Csorbai Attila said that hotels...

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KSH: producer prices rose by 4.3 percent in March

In March, domestic industrial sales prices rose by an average of 1.5 percent, of which prices in manufacturing rose by 3.3 percent and those in energy fell by 1.9 percent....

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Here are the cheap credit cards

Several banks have appeared with their credit cards that fit into the interest rate cap that came into effect due to the epidemic. You can apply for a credit card...

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ÉMIN applications can be submitted until June 11

The Value and Quality Grand Prix is a symbol of quality and expertise! When the economy restarts, particular emphasis should be placed on a qualitative approach. A good alternative to...

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Once again, a pizza-making and home-delivery unit was suspended by Nébih

A pizzeria and home delivery units in Heves County were immediately suspended by experts from the National Food Chain Safety Office (Nébih) in April due to shortcomings in food safety...

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In April, economic sentiment in the euro area deteriorated to an 11-year low

April saw the largest drop in the business sentiment of euro area economies. According to a survey published by the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin)...

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By presidential decree, Trump ordered meat processors to work continuously

Donald Trump has signed the presidential decree on the mandatory continuation of the work of meat processors, the White House announced on Wednesday – portfolio.hu wrote. Even before Trump’s announcement,...

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Bishops, innkeepers and hairdressers also protest against the slow start in Italy

As a concession to the coronavirus epidemic very slowly and gradually, the Roman government promised an open-air mass to the Italian Episcopal faculty (Cei), which strongly protested against the further...

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From May, France will also ease restrictions against the epidemic

Mass testing, the segregation of people with symptoms, the reopening of schools and commercial establishments and the mandatory wearing of masks on public transport are key points in the French...

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Slovenia to ease coronavirus restrictions by opening restaurants

Slovenia will from Thursday lift a restriction imposed at the end of March that prohibited citizens from travelling outside their local municipalities, Prime Minister Janez Jansa said on Wednesday. Education...

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Pécsi Brewery offers 20 thousand alcohol-free beer to healthcare workers

Many may have the opportunity to be in voluntary quarantine, but health workers have no choice. Hungary’s oldest brewery sends 20,000 cans of non-alcoholic beer to Hungarian hospitals, thanks to...

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Instead of reopening, traders on themed streets are fighting for survival

Economic street bailouts could not be taken advantage of by shopping street vendors, according to a current survey by Shopping Street Management (BUM). The management company, which deals with the...

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Poland reopens shopping malls on May 4

Poland will reopen hotels and shopping malls on May 4 while it will consider reopening pre-schools on May 6, Poland’s Prime Minister Mateusz Morawiecki said on Wednesday, in a move...

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It is easier to apply for a wage subsidy now

The new, modified form is already available on the website (https://www.munka.hu/) for applying for the job protection wage subsidy, with the help of which it is even easier to apply...

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Magazine: Only the best will do in baby care!

When buying baby care products, for consumers the number one factor is quality. Viktória Szabó, brand activation manager of Johnson & Johnson Kft. informed us that value sales stayed put...

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