Tag "EU"
The euro area’s foreign trade surplus fell to a fraction in April
In April, due to the demand-reducing effect of pandemiological restrictions, the euro area foreign trade surplus shrank more than expected to a fraction of a year earlier, according to a...
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EU Member States lose 15 billion euros a year due to counterfeiting
Counterfeiting has cost more than 83 billion euros to legitimate producers worldwide, with EU Member States losing 15 billion euros a year between 2013 and 2017 – according to the...
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Euro area and EU GDP declined at a record pace in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter. The European Union’s statistical office, Eurostat, said...
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Employment has fallen in Europe
Employment declined in the euro area and the European Union in the first quarter, compared to the last quarter of last year. The European Union’s statistical office (Eurostat) said on...
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Defining a decent minimum wage is crucial
A decent living in the European Union, in which minimum wages play a key role, is essential for the recovery from the coronavirus epidemic and the creation of a fair...
Read moreThe EU is preparing for new steps against new tobacco products
The Council of the European Union on Tuesday approved conclusions setting out policy guidelines and priorities for further reforms in two key areas of EU tax policy, the future development...
Read moreThe European Commission has presented a tool to strengthen economic recovery and resilience
The European Commission unveiled its financial instrument to help restore the economic crisis caused by the coronavirus pandemic and strengthen economic resilience (RRF) at its press conference on Thursday. The...
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Economic sentiment in the euro area and the EU improved in May
Although less than expected, the economic sentiment index in both the euro area and the EU improved in May from an 11-year low of the previous month – according to...
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Employment in food supply across EU regions
In 2019, 15.9 million people aged over 15 were employed in the food supply sector in the European Union (EU), representing 8% of total employment. Their role is crucial for...
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Coronavirus: millions of misleading advertisements disappear from online space as a result of joint European consumer action
The European Commission and Member States’ consumer protection authorities have monitored websites to identify where EU consumers are targeted by false claims or scams in advertisements for products that may...
Read moreAM: it could be a death sentence for European agriculture if Brussels implements the provisions of the Green Deal on the basis of proposals from the European Commission
The from the Farmland to the Table presented by the European Commission poses an insoluble task for farmers, and the Biodiversity Strategy, and not only does it not create opportunities...
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European ‘farm to fork’ and biodiversity strategy unacceptable for the Chamber of Agriculture
The European Commission has published its Farm to Fork strategy for the transition to a sustainable agriculture and food industry, as part of the European Green Deal, and the Biodiversity...
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Brutal wine surpluses have accumulated in Slovakia due to the coronavirus pandemic
In Slovakia, at least 80 percent of winemakers are affected by the crisis caused by the coronavirus. As they stopped exporting to third countries, they created a surplus of at...
Read moreCOVID-19: Council adopts temporary support to mitigate unemployment risks in an emergency (SURE)
As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU has put in place a temporary instrument to help workers keep their...
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Eurozone and EU GDP fell by record levels in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter, according to a preliminary report by Eurostat,...
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AM: Hungary requests the introduction of exceptional EU support measures in the poultry, pig and dairy sectors
At a video conference of EU agriculture ministers on Wednesday, Hungary requested the introduction of additional EU support measures to address the crisis situation caused by the coronavirus epidemic in...
Read moreMorawiecki proposes 10 percent increase in agricultural policy funds to EU leaders
Polish Prime Minister Mateusz Morawiecki proposed a 10 percent increase in common budgetary resources for EU Member States’ agricultural policies, including environment and climate protection, in a letter to EU...
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EU-borders do not open until mid-June
The European Commission would extend the ban on entry into the EU until 15 June, as the coronavirus situation is “not even stable in Europe and the world,” the Eurologist...
Read moreThe goverment shares more EU-grants than ever
A tremendous amoun of EU grant decisions have been made as since mid-April, and the payment of grants has visibly picked up since the outbreak of the coronavirus crisis in...
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Retail sales in the euro area and the EU fell in March
Retail sales in the euro area and the European Union fell by a record level in March, compared to the previous month, according to a report by Eurostat, the EU’s...
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EU Sets Out Support For Struggling Farmers
The European Commission has proposed measures to support farmers hit by the coronavirus restrictions, including aid to store surplus dairy and meat products. Under the proposals, the Commission will grant aid...
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Employment in the European Union rose to a historic high last year
Employment in the European Union reached a historic high, with seventeen of the twenty-seven Member States reaching their national 2020 target last year – according to data released by the...
Read moreEuropean Commission: new rules on mutual recognition of goods have entered into force
New rules on the mutual recognition of goods legally marketed in another EU country have come into force, making it faster, simpler and easier for companies, especially small and medium-sized...
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Europol: Counterfeit products pose a threat to public health
Counterfeit products sold on the World Wide Web for health purposes during the coronavirus epidemic pose a threat to society as a whole, according to a report by Europol, the...
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Euro area inflation fell to a five-month low in March
Inflation in the euro area fell to a five-month low in March, according to a report by Eurostat, the European Union’s statistical office. In March, according to Eurostat’s final data,...
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Exemption from customs duties and import duties on products imported to combat the epidemic
According to the decision of the European Commission, published on 3 April, importers imported goods into the European Union from a third country to fight the COVID-19 epidemic do not...
Read moreFarmers in the EU can continue to receive agricultural supports as advances
A number of Hungarian proposals have been put forward at a videoconference of the ministers of agriculture to allow advance payments of agricultural subsidies – Feldman Zsolt, Minister of State...
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European tourism is losing 1 billion euros a month as a result of the epidemic
As the fear of the coronavirus spreads around the world, European tourism is losing more and more – origo wrote. According to an EU official, the industry is already losing...
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