Tag "EU"
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...
Read moreEmployment 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,...
Read moreVon 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...
Read moreHungary 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...
Read moreGDP: 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...
Read moreHungary 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...
Read moreAn agreement was reached about the seven-year EU budget
A few minutes after half past six in the morning, EU leaders finally managed to reach an agreement on the EU budget for the next seven years and a recovery...
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Industrial production in the euro area was weaker than expected in May
In May, industrial production in the euro area declined more than expected year-on-year and grew less than in April, according to a report by Eurostat, the European Union’s statistical office....
Read moreEurobarometer: EU citizens are increasingly aware of their EU rights
Citizens of the European Union are becoming more aware of their Community rights and the vast majority are familiar with the term “European Union citizen”, according to a Eurobarometer survey...
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ITM: Hungary is at the forefront of EU consumer protection
Hungary is at the forefront of EU consumer protection, as evidenced by the fact that last year Hungarian consumer protection reported 171 high-risk dangerous products to the European Union’s non-food...
Read moreEU forecast: A deeper economic recession is expected, with wider divergences between member states
Despite a rapid and comprehensive EU and Member State response, the European Union’s economy is plunging into a deep recession this year due to the coronavirus pandemic, and as emergency...
Read moreEuropean Commission: the number of notifications and actions on dangerous products has increased
The number of notifications and actions on dangerous products increased last year. The authorities of countries participating in the European Consumer Protection System reported more than 2,200 alerts and respondedto...
Read moreMagosz cannot prepare for the EU’s Common Agricultural Policy
It is not possible to prepare for the European Union’s Common Agricultural Policy in one year, which must be developed in accordance with the new environmental regulations, ie the Green...
Read moreNon-EU citizens can come to Hungary only from Serbia
“With the exception of Serbia, we cannot fulfill the union’s request to release citizens from non-EU countries for the time being, because that would be contrary to the health interests...
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Changes in competition law will strengthen the procedural rights of the GVH
In the future, co-operation between the competition authorities of the EU member states will be strengthened, and their procedural powers will also be expanded and unified, Baker McKenzie said at...
Read moreChlorate residues in food
There is still a lot of the known pesticide, i.e. chlorate, in the environment, and with the chlorination of waters and the increasing use of various disinfectants, it is constantly...
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Consumer sentiment improved in the euro area and the EU in June
In June, consumer sentiment in the euro area and the EU rose slightly more than expected, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs...
Read moreEU pork production has increased
In March 2020, slaughterhouses in the European Union produced about 2 million tonnes of pork and 600,000 tonnes of beef. This meant a 3.3 percent increase in pork production, compared...
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Foreign investment has stalled in Europe due to the crisis
One-third of foreign investment launched last year in Europe has stalled as a result of the current global economic crisis, according to EY’s latest European Attractiveness Survey (FDI). According to...
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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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