Events

ifo: the world economy mood is still good

The world economic mood index is still close to a three-year peak in the third quarter, though the indicator has declined from 13.0 points to 12.7 points – according to...

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Bread of Hungarians – Wheat from Hungary and beyond the borders were mixed in Nemeshany

More than 500 tons of wheat have been collected within the Bread of Hungarians program from all counties and beyond the borders – Korinek László, founder of the program said...

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Dietitian: the better nutrition awareness of the population would bring a hundred billion HUF for health care

The health care would save at least one hundred billion HUF if the nutrition awareness of the population would be improved – Soltész Erzsébet, a dietitian of the One Drops...

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The Celebration of Crafts begins in the Castle of Buda on August 17

Just a week later, on August 17, the Celebration of Crafts begins in the Castle of Buda, where, besides the performances and works of the folk craftsmen, an international meeting...

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Retail in Europe: Central and Eastern Europe is catching up

GfK has made a study on European retail trade. GfK has conducted a comprehensive analysis of the retail trade in 32 European countries, which analyzes the purchasing power, the retail...

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The prospects of the international beef market are favorable

The world’s beef trade continues to grow and the prospects for the international market are favorable, which is a good opportunity for the Hungarian cattle industry, the Minister of State...

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Fifty-eight wineries at the wine days of Győr, the Alphaville will perform the summer closing concert

Fifty-eight wineries offer their wines at the tenth Wine Days of Győr, which will be held from 24th to 27th August. The summer closing concert will be on 26th August....

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FM: special support for farmers who suffered frost and hail damages

The ministry will assist those growers with a special support, who suffered frost and hail damages this year, the Ministry of Agriculture told MTI on Thursday. According to the information...

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Brussels calls for summit over major egg contamination scandal

The European Commissioner, responsible for food safety has called for a meeting of ministers and national regulatory agencies for Friday, to discuss a widespread European contamination scare, which has seen...

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Without well-trained specialists there is no sure future in agriculture

Without well-trained professionals, there is no safe future and perspective in the agricultural sector – the Parliamentary Minister of State of the Ministry of Agriculture said on Friday at the...

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Sziget: Hungaricums and national values were also introduced

Hungaricums and other national values are also introduced at the Sziget Festival in the Hungarikum Village, where skansen, dance houses and folk games are awaiting for the visitors. V. Németh...

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Forty thousand fake children’s toys were seized in Kelebia

Forty thousand fake children’s toys have been found by the National Tax and Customs Administration’s (NAV) financiers in Kelebia in a container – the press officer of NAV’s Bács-Kiskun County...

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Slovak retail trade increased

The retail trade in Slovakia rose by 7.8 percent in May, after the 6.5 percent increase of April, the Slovak Statistics Office told on Tuesday. Retail sales growth in May...

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German consumer sentiment on top

In June, the Consumer Sentiment Index of the GfK Market Research Institute in Germany rose to a nearly sixteen-year high. In June, GfK’s German consumer mood index increased to 10.6...

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Hungary will organize the China-Europe Soybean Congress next year

The 2018 China-Europe Soy Symposium of the Duna Szója Szövetség (Danube Soya Association) and the Chinese Academy of Agricultural Sciences will take place in Budapest and Vienna, which is a...

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MNB: the 3 percent inflation target could be realized at the beginning of 2019

The growth rate of consumer prices in Hungary is expected to reach the central government’s 3 percent long-term inflation target at the beginning of 2019, Várhegyi Judit, head of department...

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Agricultural Chamber: the wheat harvest is higher than the expectations

Despite the adverse weather, this year’s wheat harvest has surpassed expectations – Süle Katalin, spokeswoman for the National Chamber of Agriculture (NAK) told M1 news channel on Wednesday. She added:...

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Pöttyös Panni: the finest sugar-free cake this year

The cake of Varga Margit confectioner made without added sugar won the Hungary’s Sugarless Cake Competition. The competition is announced by the One Drop Attention Foundation each year together with...

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Smaller grape yield is expected, due to hail in the Szekszárd wine region

Due to the hail, occured on hundreds of hectares smaller grape harvest is expected, compared to last year in the Szekszárd wine region, while in the non-damaged areas quality grapes...

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The commercial price of spirits will be increased in Ukraine

The Ukrainian government adopted a decision on Wednesday to significantly increase the minimum trade price for spirit drinks – according to the press release of the Ministry of Economic Development...

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Compared to the average, more meal wheat was produced this year

Compared to the average, more meal wheat was produced this year: the share of meal and feed wheat is generally thirty-seventy percent, but this year the rate is 50 –...

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Nielsen: Nearly four million condoms are sold in the summer festival season

Condom sales are on the peak during the festival season in Hungary. In July and August we spend more than 15 percent more on condoms than in the other months...

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KAVOSZ: the maximum loan amount of the Agro Széchenyi Card has doubled

The maximum loan amount of the Agro Széchenyi Card increased, the cost and interest-free loan will be available again for agricultural enterprises that suffered damages due to adverse weather conditions...

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Analysts expect inflation of around two percent

The targeted VAT cuts in certain goods and services (poultry meat, eggs, raw milk, internet, hospitality) reduce inflation, while the fuel prices, rising domestic demand and wage increases increase consumer...

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About 300 exhibitors are expected to the Farmer Expo to Debrecen

Approximately three hundred exhibitors are expected to the 26th Farmer Expo in Debrecen, that will be held beteen 17 and 20 August – the organizers said on Tuesday at the...

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Brits worry for their Darjeeling tea

Brits worry for their favorite Darjeeling tea as well as the Japanese and the Germans. The terroir of the so called champagne of the teas is threatened by strikes in...

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Artificial intelligence writes newspaper articles

BBC and Associated Press have started using the Wordsmith application of Automated Insight (available in English and Chinese at the moment) in writing sports articles. Since the app’s launch 1.5...

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Good quality cereal crops are expected

Almost one million hectares of winter wheat is already in the granaries. A slightly larger and better than average quality grain crops are expected – according to the Minister of...

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Inflation is over two percent

Consumer prices were on average 2.1 percent higher in July than a year before. Compared to June, the average consumer price did not change, the Central Statistical Office (KSH) reported...

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The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time

The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time on the occasion of the Celebration of the Hungarian Economy. In...

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