Tag "EU"
MNB: In terms of sustainability, the Hungarian economy is in the midfield within the EU
In terms of sustainability, the Hungarian economy is in the middle of the EU, according to the MNB, it is the 15th among the countries of the European Union, the...
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Abolishing the VAT exemption for small goods ordered from outside the EU may discourage shopping
At first, the desire to buy may be curbed by the fact that from July 1, VAT will also have to be paid on items under 22 euros that arrive...
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The name Nagykun rice has been added to the list of protected geographical indications in the EU
With the approval of the European Commission on Tuesday, the name “Nagykun rice” has been added to the EU list of protected geographical indications, the list of products whose names...
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The value of trade in goods in the EU has increased
The value of trade between the euro area and the European Union rose significantly in March, not surprisingly in light of the fact that the coronavirus pandemic had just exploded...
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Euro area and EU GDP declined in the first quarter
In the first quarter of this year the gross domestic product of the euro area decreased compared to the previous quarter, the European Union’s statistical office, Eurostat reported on Tuesday....
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EU forecast: growth prospects improved significantly
The growth prospects for the European Union and the euro area have improved significantly, according to the European Commission’s (EC) spring economic forecast. Although the rate of growth will vary...
Read moreWhat about a possible uniform minimum wage in the EU?
Austria and Hungary also see that, due to the differences between EU member states, it is not appropriate for Brussels to regulate the uniform minimum wage in the EU, it...
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Eurobarometer: we don’t want a United States of Europe
Around eight in ten Europeans (81%) agree that one of the priorities for the Conference should be how the EU could better handle crises such as the COVID-19 pandemic. More...
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Retail sales in the euro area and the EU increased in March
Retail sales in the euro area grew more than expected in March, according to a quarterly report from Eurostat, the European Union’s statistical office. Turnover from mail order and internet...
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Ministry of Agriculture: The European Union’s food imports should also come from sustainable production
In addition to making the Common Agricultural Policy more sustainable, the EU must pay special attention to concluding international free trade agreements so that only products that meet high European...
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Consumer confidence improved in April in the euro area and in the EU
Consumer confidence in the euro area and the European Union has improved markedly in April, according to a preliminary flash estimate published by the European Commission on Thursday. In the...
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NAK: reform of the Common Agricultural Policy may be risky
Without a comprehensive impact assessment, the chambers of agriculture of the V4+ countries consider the finalisation of the reform of the Common Agricultural Policy and the ‘Farm to Table’ and...
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The Hungarian labour hire market is cleaning up
As provided for by the European Union, the Hungarian VAT Act was amended from 1 April 2021. In this sense, the VAT treatment rules for temporary agency services have also...
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By 2030, the European Commission would implement organic farming on the quarter of agricultural land
The European Commission has presented an action plan for the development of organic production to encourage the production and consumption of organic products, with the aim of achieving organic farming...
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CAP reform talks in Brussels are on track
At the Agriculture and Fisheries Council meeting in Brussels on 22-23 March, EU agriculture ministers held intensive talks on the reform of the Common Agricultural Policy – the Ministry of...
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Hungary is the leading horseradish grower in the EU
Hungary is the largest horseradish producer in the European Union; we can also choose domestically produced horseradish for the Easter festive table – the National Chamber of Agriculture draws attention....
Read moreDigitization is one of the priorities of the new EU budget period
In February 2021, the Digital Business Unit of the Századvég Gazdaságkutató Zrt. updated its comprehensive analysis of the EU funds expected to be available for the development of the Hungarian...
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In March, GKI’s economic sentiment index approached its highest level since the start of the pandemic measured in January
After a modest decline in February, GKI’s economic sentiment index rose to a lesser ex-tent in March. However, it approached its otherwise fairly low top level since the start of...
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The leading food companies called on the union
One of the important issues of today is that the agricultural and animal husbandry methods to be both environmentally and ethically sustainable. To this end, leading food companies have recently...
Read moreBritish exports to the EU fell by more than 40 percent in January
In January, the value of British exports to European Union markets fell by 40.7 percent; imports from the EU fell 28.8 percent – the British statistical office (ONS) said. The...
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Eurostat halved the number of tourist nights in the EU last year
The number of guest nights spent in tourist accommodation in the European Union fell to 1.4 billion last year due to the coronavirus pandemic, which is a 52 percent decline...
Read moreEU survey More than 6 million lost their jobs in the first wave of the epidemic
The first wave of the coronavirus pandemic has led to the loss of more than 6 million jobs in the European Union, and temporary workers and young women have been...
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The economic performance of the euro area declined less than expected in February
The euro area’s economic performance had been shrinking for the fifth month in February, but to a lesser extent than in the previous month, mainly due to an unprecedented rise...
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Economic sentiment in the euro area and in the EU improved in February
Economic sentiment in the euro area improved better than expected in February, according to a report by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) on Thursday,...
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GKI’s economic sentiment index declined slightly in February
Although GKI’s economic sentiment index declined slightly in February, both business and consumer expectations remained more favourable than at the end of last year. Ac-cording to a survey conducted by...
Read moreThe amount of GDPR fines imposed in Hungary is over 300 million HUF
Since its entry into force, by the end of 2020, a total of more than a quarter of a billion euros, about 90 billion HUF of GDPR fines have been...
Read moreThe joint European inquiry on green advertising has revealed problems
The joint European official investigation revealed problems ongreen advertising, and the Hungarian Competition Authority (GVH) also took part in the coordinated action. According to the agency, the joint investigation reviewed...
Read moreThe Chamber of Agriculture supports the nutrient-specific food labeling system
In the European Union, food labeling and nutrition labeling system is changing, the National Chamber of Agriculture (NAK) supports the nutrient-specific labeling system containing the numerical data proposed by Italy,...
Read moreHungary is urging the EU to take immediate action in the pig sector
At a video conference of the European Union’s agriculture and fisheries ministers on 25 January, Hungary urged urgent measures to improve the situation in the pig sector. At the request...
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