Tag "EU"

Brussels wants to take away area-based agricultural subsidies from farmers

Brussels is planning to take away area-based agricultural subsidies from farmers, Minister of Agriculture István Nagy said on Monday in a video message uploaded to his Facebook page. He stated...

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István Nagy urged the protection of farmers in Luxembourg

Agriculture Minister István Nagy urged the protection of farmers and the creation of predictable market conditions on Monday in Luxembourg, prior to the meeting of the agriculture ministers of the...

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Employees of the hygiene and catering industry protested in Brussels

Hundreds of European security, hygiene and catering industry workers gathered at noon on Tuesday in Brussels, in the center of the quarter that houses the European Union institutions, to demand...

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Hungary has been a member of the European Union for two decades: what does this mean for the economy?

This year Hungary joined the European Union twenty years ago. On the occasion of the anniversary, from mid-September, the European Commission will “Happy Twentieth, Hungary!” launched a communication campaign with...

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Eurostat: 132 kilograms of food was wasted per inhabitant in the EU in 2022

On average, around 132 kilograms of food waste was generated per inhabitant in the European Union in 2022, five kilograms more than what was recorded in the first report on...

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The EU’s artificial intelligence regulation is evolving

More than a hundred companies have joined the European Union’s Artificial Intelligence Pact, which came into effect on August 1st, and aims to promote reliable and safe AI development. The...

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The EU is turning to the WTO over China’s anti-subsidy investigation into dairy products

The European Commission has submitted an official consultation request to the World Trade Organization (WTO) after China launched an anti-subsidy investigation into some dairy products from the EU – the...

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Nestlé, Mars Wrigley and Ferrero support the EU deforestation regulation

From 30 December the EU’s deforestation regulation requires companies selling cocoa, coffee, palm oil and other products in the EU to prove that their supply chains aren’t contributing to deforestation....

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Slow growth in Europe, stagnation in Hungary: mixed picture in retail trade

The European retail turnover increased barely perceptibly compared to June, while stagnation is observed in Hungary, according to the latest Eurostat report. European Union data showed an increase of only...

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The EU would reform the common agricultural policy

The EU presented an agricultural expert report on Wednesday, which aims to reform the EU’s common agricultural policy (CAP) in order to better align EU subsidies with the socio-economic needs...

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Moldova’s fruit exports are getting stronger: in competition with Hungarian producers?

Moldova’s fruit production, especially the export of apricots, plays an increasingly important role in the markets of the European Union. The country’s natural features favor agricultural production, and an association...

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Economic sentiment improved in the EU and the Eurozone in August

In August, the economic sentiment index in the Eurozone and the European Union improved compared to the previous month, according to a survey presented on Thursday by the European Commission’s...

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NAK-FruitVeB: the harvest started earlier in the domestic apple orchards

The harvest can start earlier than ever on domestic apple orchards. In the county of Szabolcs-Szatmár-Bereg, which is Hungary’s largest growing region, some processing plants have already started to purchase...

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The growth of economic activity in the Eurozone accelerated in August

Instead of the expected moderate slowdown, the growth of economic activity in the Eurozone accelerated overall in August, according to the preliminary values ​​of the joint survey of the London-based...

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The share of EU retail spending continues to fall: report from GfK

According to the latest study by GfK, the proportion of retail spending in the European Union has decreased for two consecutive years, despite the fact that purchasing power and retail...

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In the second quarter, GDP grew by 0.3 percent in the euro area and in the EU on a quarterly basis

In the second quarter of this year, with a seasonal adjustment, the gross domestic product (GDP) increased by 0.3 percent compared to the first quarter in both the euro area...

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Retail sales in the euro area decreased in June

In both monthly and annual comparisons, retail sales in the euro area decreased in June. According to data published on Tuesday by Eurostat, the statistical office of the European Union,...

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Olive oil fraud ‘at record high in EU’

There were reportedly 50 potential cases in the first three months of this year, compared to just 15 in the first quarter of 2018. The Guardian newspaper, citing data released...

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Márton Nagy: a “peace budget” is needed to restart the economy

Economic growth in the second quarter was lower than preliminary expectations, which can be attributed to external factors. The fundamentals of the Hungarian economy are stable and strong, the rebound...

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The economic mood in the EU and the euro area barely changed in July

The economic sentiment index in the euro area and the European Union barely changed in July compared to the previous month, according to a survey of the European Commission’s Directorate...

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This may be the reason for the (temporarily?) low domestic consumption

The standard of living and consumption of Hungarian households has been among the lowest in the European Union for years. While Hungarian consumption showed a significant increase in the 1990s,...

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Are synthetic meat and artificial eggs coming?

On Wednesday, the European Commission announced the registration of two new European citizens’ initiatives. One initiative calls for the closure of animal farms and the production of synthetic meat, while...

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This is how Hungarian average earnings and purchasing power compare to Europeans

There are significant differences in average annual net earnings between European countries, even after adjustments are taken into account. Based on the latest data from Eurostat, Switzerland, Iceland and Luxembourg...

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Eurozone inflation slowed in June

Annual inflation slowed down in the euro area in June, according to the final data published by Eurostat, the statistical office of the European Union, on Wednesday. In June, annual...

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The European Union’s regulation on artificial intelligence has been announced

Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was announced, the world’s first truly comprehensive, sector-neutral piece of legislation related to artificial intelligence (“AI”). The new legislation covers all...

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Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project

ToxFree Life for All is the EU’s newly launched awareness raising campaign. Its aim is for consumers to reduce the risks of chemicals to their health and the environment. The...

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A complaint was filed against Chinese honey in the EU

With the professional support of the Ministry of Agriculture (AM), the National Hungarian Bee Association (OMME) filed an anti-dumping complaint against honey coming from China to the European Union. 14...

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Retail sales increased in the euro area and the European Union in May

Retail sales in the euro area and the European Union increased in both monthly and annual comparisons in May. According to data published on Friday by Eurostat, the statistical office...

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Is the era of cheap Chinese stuff over? The EU is introducing tariffs

The European Commission plans to introduce new measures on cheap goods sold by Chinese online retailers such as Temu, AliExpress and Shein. This is intended to deal with the increase...

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Croatia has the cleanest natural bathing waters in Europe

According to this year’s investigation by the European Commission (EC) and the European Environmental Protection Agency (EEA), Croatia has the cleanest natural bathing waters in Europe – the Croatian Tourist...

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