Tag "EU"

Government debt as a share of GDP has increased in the euro area and the EU

The ratio of government debt to gross domestic product (GDP) increased by the end of the third quarter, compared to the quarter and a year earlier as a result of...

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Consumer confidence in the EU deteriorated in January

In January, consumer confidence in the euro area and the European Union deteriorated, compared to December. According to a preliminary flash estimate published by the European Commission on Thursday, the...

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Chamber of Agriculture: EU citizens view the common agricultural policy more favorably

Both European citizens and the Hungarian population have a more favorable view of farmers and the Common Agricultural Policy (CAP) than in recent years, according to the latest report from...

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Hungarian companies can also benefit from the EU-China agreement

Following the entry into force of the Investment Agreement between the EU and China, EU companies, including Hungarian companies, will no longer be required to set up joint ventures and...

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Materials containing plastic and bamboo together should not come into contact with food

Marketing of food contact products containing plastic and bamboo together is banned in EU member states, National Food Chain Safety Agency (Nébih) grants grace period to distributors until next quarter...

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Minister of Agriculture: 7,537 billion HUF to strengthen the Hungarian countryside

7,537 billion HUF will come to strengthen and develop the Hungarian countryside through the EU and domestic resources of the Common Agricultural Policy (CAP) by 2027, said Nagy István at...

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Fitch: the EU recovery fund will significantly accelerate the recovery of the Central European EU economies

The European Union’s recovery fund, especially next year, is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe from the shock of the coronavirus pandemic,...

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Minister of Agriculture: The government spends more than four thousand billion forints on the development of the Hungarian countryside

Through the rural development pillar of the Common Agricultural Policy (CAP), the government can spend a historically large amount of 4,265 billion HUF on the development of the Hungarian countryside,...

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EU Unveils Back-Up Plans To Avoid ‘No-Deal’ Brexit Chaos

The European Union’s executive on Thursday laid out contingency plans for a ‘no-deal’ Brexit at the end of the year to limit disruption to air traffic, and road and rail...

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Brexit could bring chaos in the dairy sector

The English dairy market has so far survived the coronavirus without any particular problems. There are signs that a pandemic will not change much there in the future either. Ian...

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EU forecast: Increased uncertainty over new pandemic hurts economic recovery

Presenting the forecast, Economic Policy Commissioner Paolo Gentiloni said that the economy of the European Union as a whole will shrink by 7.4 percent this year, reaching 4.1 percent increase...

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AM: Hungarian interests are asserted in the CAP negotiations

Hungarian interests will be asserted in the negotiations on the reform of the European Union’s Common Agricultural Policy (CAP), but the meeting of the agriculture and fisheries ministers of the...

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Economic sentiment in the euro area and the EU stagnated in October

After a steady improvement since May, economic sentiment stagnated in October in both the euro area and the European Union. According to data posted on the website of the European...

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CAP: Europe turns green

The new cycle of the Common Agricultural Policy can bring significant changes, with a focus on sustainability measures, such as Biodiversity and the Farm-to-Table strategy. At the same time, the...

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Cooperation with the East is a common interest

Matolcsy György, central bank president praised the policy of opening up to the East and emphasized the common interest in deepening Eastern cooperation at the online conference entitled Budapest Eurasia...

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An agreement on the common agricultural policy has been reached

An agreement on the new Common Agricultural Policy was reached in the Agriculture and Fisheries Council at dawn on Wednesday – Nagy István Minister of Agriculture told MTI. The agreement...

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The competitive disadvantage of EU e-merchants could be eliminated

The good news for EU e-merchants is that the 22 euros VAT-free limit for products ordered from third countries will be lifted, thus reducing their competitive disadvantage compared to Far...

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AM: Hungary issues a separate opinion on the European Commission’s Farm-to-Table strategy

The Agriculture and Fisheries Council is expected to adopt the Farm-to-Table strategy developed by the European Commission at its meeting on 19-20 October; However, Hungary will make a separate statement...

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The WTO has allowed the imposition of European criminal duties on US products

The World Trade Organization (WTO) has allowed the European Union to penalize a U.S. products in a value of 4 billion USD, due to providing illegal subsidies to U.S. aircraft...

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European Court of Auditors: The Union must increase the rate of recycling of plastic packagings

The European Union needs to increase the rate of recycling of plastic packagings, as there is a serious risk that it will not meet its targets for 2025 and 2030,...

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Europol has seized almost 28 million illegal or counterfeit goods, including face masks

In an international operation, nearly 28 million illegal or counterfeit goods, including 27 million masks and unusable or substandard medical devices, were seized by law enforcement authorities in EU member...

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AM: CAP reform talks in Brussels have turned to the finish line

The aim of the German Presidency of the Council is for the Member States to adopt the Council’s position on the new rules of the common agricultural policy in October....

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The EU and China have signed an agreement on the protection of European geographical indications

The European Union and China have signed an agreement to protect hundreds of European geographical indications (geographical indications and designations of origin) and hundreds of Chinese geographical indications in the...

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Euro area and EU gross domestic product declined on a historic scale in the second quarter

Gross domestic product fell less than in the first estimate, but still the largest ever recorded, in the second quarter in both the euro area and the EU, according to...

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Employment in the European Union plummeted in the second quarter

The second quarter saw the largest decline in employment ever recorded in both the euro area and the EU, according to a report by Eurostat, the European Union’s statistical office,...

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Von der Leyen needs clearer, more predictable travel regulations in the EU

There is a need for clearer, more predictable regulation in the European Union for all measures that restrict freedom of movement in the Member States due to the spread of...

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Economic performance in the euro area declined sharply in the second quarter

Economic performance declined and employment fell sharply in the second quarter as a result of the global coronavirus pandemic in both the European Union and in the euro area. According...

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Hungary successfully stood for home brandy brewing

Hungary has consistently advocated tax-free brewing for its own purposes, and this can now be achieved at the EU level as well, András Tállai, Parliamentary State Secretary of the Ministry...

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GDP: fell significantly in the EU and the euro area in the second quarter

In the euro area, gross domestic product (GDP) fell by 12.1 percent and in the EU as a whole by 11.9 percent in the second quarter, compared to the previous...

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Hungary can receive a huge amount from the EU

Hungary can get a lot of EU money in the next EU cycle. Portfolio estimates that the framework could jump considerably, and at that time we had not even drawn...

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