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Minister for the Economy wants VAT System with five keys
Date: 2012-04-05 12:25:14
Matolcsy György in a book review published in Heti Válasz on Thursday favors the introduction of the financial value added tax and the introduction of a VAT System. He writes,...
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The fish planting season in the Lake Balaton started with Easter carp
Date: 2012-04-05 12:13:45
The Balatoni Halgazdálkodási Nonprofit Zrt. (BHNp) has begun this year’s fish planting season on Thursday, with the release of more than 10 thousand kilo-sized carp into the Lake Balaton. 300...
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Strong recovery may occur in Europe's largest economy
Date: 2012-04-05 12:10:55
According to the Wednesday projection of the German DIW economy research institute, “Strong recovery” based on internal consumption will start in the German economy, in the forthcoming years. According to...
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Several tons of rotten meat was seized in Szarvas
Date: 2012-04-05 11:28:10
Several tons of rotten meat was seized by the authorities in Szarvas at a premise of a company. The food chain safety authority suspended the company's activities told Vargáné Szombati...
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NÉBIH prepares for special inspections before Easter
Date: 2012-04-04 13:16:18
The National Food Chain Safety Office (NÉBIH) during its March controls imposed nearly 10 million HUF fines. In the pre-Easter period. The authority now prepares for nationwide inspections. According to...
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OKSZ: rising consumer confidence, extra Easter sales
Date: 2012-04-04 12:55:57
Consumer confidence increased noticeably in Hungary during the past few weeks – said Vámos György, Secretary-General of the National Trade Association (OKSZ) who expects 35-40 billion HUF additional turnover, similar...
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KSH: slight increase in the foreign trade market turnover in January
Date: 2012-04-04 12:39:35
In January, the volume of exports was 5.8 percent higher and the value of import was 2.9 percent above the levels of a year ago, the trade balance surplus was...
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The Milk Marketing Board has concluded a self-regulatory agreement
Date: 2012-04-04 12:20:33
Thus, the raw milk price will be determined for the 2012/2013 quota year, in 86 HUF / kg with a + 2.5 percent deviation. The chairmanship can modify the projections...
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Henkel: The crisis changes consumer behavior
Date: 2012-04-04 12:18:18
The crisis changes consumer behavior, while the economic constraints strengthens consumer awareness resulting in positive social consequences – stated Törőcsik Mária, Professor of the University of Pécs at the press...
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NFH: businesses can apply for consumer-friendly logo
Date: 2012-04-04 12:15:23
Those businesses, can apply for consumer-friendly logo, on which no complaints were sent to the National Consumer Protection Authority (NFH) – told Pintér István, the authority’s Director-General at a press...
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Finnish-Hungarian agreement to maintain the EU sugar quota
Date: 2012-04-04 12:12:38
The Hungarian and the Finnish Ministrer of Agriculture argued beside the maintenance of the EU sugar quotas on Tuesday's press conference following their discussions in Budapest in the Ministry of...
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Ipsos F&F: cosmetics using and holiday habits of the young people
Date: 2012-04-04 11:40:44
Toothpaste, shampoo, shower gel and deodorant can be classified among the basic hygiene and personal care products used by young adults. Men use shaving creams and aftershaves, while women use...
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The garlic-situation is getting difficult
Date: 2012-04-04 10:04:30
Following a deplorable decrease of a decade, the fields for garlic production in Hungary have finally seen a growth in 2011, and the crop was around 5300 tons. This definitely...
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Worsening economic forecasts cause uncertainty among European consumers
Date: 2012-04-03 14:24:41
New rescue packages, uncertainty about further developments in Greece, Italy and France and the prospects of poorer economic development in 2012 are all heightening the anxiety of European consumers. This...
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The hungaricum act builds the consumer community of national products
Date: 2012-04-03 13:56:24
The Hungarian legislation has arrived to a strategic milestone with the creation of the Hungaricum act. The Hungarian legislation is willing to ensure the protection of national values. The law...
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Ipsos: Shopping, financial transactions and job search on the net
Date: 2012-04-03 13:30:32
Six-tenth of the world's internet users collect information about the products they want to buy on the web, and almost half of them buys these products on the web. Six-tenth...
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Rain or more expenses
Date: 2012-04-03 13:00:44
If rain will not come, autumn sowings may be in critical situation, and the fate of spring seeds will be in a critical situation as well. According to meteorologists, weather...
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K&H SME confidence index: do the domestic enterprises passed the low point?
Date: 2012-04-03 12:55:41
After several years of nadir, the K&H SME confidence index increased. The K&H SME confidence index is indicating the one-year expectations of the domestic businesses. The K&H SME confidence index...
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Domestic strawberry and raspberry production may find momentum
Date: 2012-04-03 12:00:53
The Hungarian strawberry and raspberry growers, who are entitled to SAPS can receive an annual 391 thousand euros (about one hundred million HUF ) support from 2012. The new EU...
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Consumer spendings have increased in the world's largest economy
Date: 2012-04-03 11:22:41
The U.S. personal spendings grew by 0.8 percent in February, surpassing the expectations of a 0.6 percent increase. The January data was improved to 0.4 percent growth from 0.2 percent....
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OKSZ: We will spend during Easter despite the crisis
Date: 2012-04-02 13:10:41
This year, egg prices increase drastically, thus Easter holiday meals will cost more, but merchants expect that the Hungarian population will spend the same amount as last year. According to...
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KÉKI: High quality ham is expensive, but the cheaper is not bad either
Date: 2012-04-02 12:52:48
Hungarian housewives can definitely agree about one thing: they have received plenty of good ideas on how to buy the ideal ham for Easter. Never before did so many ham-tests...
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BMI on a record annual level
Date: 2012-04-02 12:20:57
The seasonally adjusted value of the Purchasing Manager Index (BMI) was 56.8 points in March, the highest of the last thirteen months. In addition, it is well above 50 points,...
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The Ministry of Rural Development's proposal on illegal land purchasing
Date: 2012-04-02 12:08:53
The government has adopted the Ministry of Rural Development's proposal on illegal land purchasing. The Minister of Rural Development promised swift and effective action regarding so-called pocket contracts. At the...
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The Government has adopted the National Rural Strategy
Date: 2012-04-02 12:00:14
“The Government is treating agriculture as an important spring-board”, stressed András Giró-Szász at the press conference at which he and Minister for Rural Development Sándor Fazekas jointly announced that the...
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Changes in the pig holding rules
Date: 2012-04-02 11:33:51
The EU regulation that prohibits the sows to be kept in isolation – will enter into force in January 2013 – will only affect less than 50 affected pig farms...
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What ends up in the washing machine?
Date: 2012-04-02 00:02:24
Instead of detergent powders, a growing number of consumers buy liquid or gel detergents or those in pre-portioned doses. Consequently, we find these products in the portfolio of every big...
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Hypermarkets prevail on the detergent market
Date: 2012-04-01 23:58:57
Every year HUF 33 billion worth of detergent is sold in Hungary. Last year retail sales were down 3 percent in value and 5 percent in volume, if compared with...
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PET bottle is still at the top of its game among fruit juices
Date: 2012-04-01 23:51:08
– When the economic recession commenced, juices and premium category products were capable of strengthening their positions. By today this trend turned around and it is the low fruit content...
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Increased market share for the biggest and the smallest stores
Date: 2012-04-01 23:46:47
Fruit juice sells in the value of HUF 40 billion a year in Hungary. Last year value sales were up 1 percent but Nielsen registered minus 4 percent in volume...
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