Tag "EU"

Consumer confidence in Europe has improved

Consumer confidence in the euro area and the European Union improved markedly in February, according to a preliminary flash estimate released by the European Commission on Thursday. In the euro...

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The EU Council adopts new VAT rules for e-commerce and small businesses

The Economic and Financial Affairs Council of the European Union (ECOFIN) has adopted new rules to facilitate the detection of VAT fraud in cross-border e-commerce and simplified the VAT rules...

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AM: 2021will be a transitional period for EU agricultural support

There will be a transition period next year for EU agricultural subsidies, while the new Common Agricultural Policy (CAP) will be governed by the regulation for the 2014-2020 period for...

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EU forecasts: the European economy will show stable but subdued growth over the next two years

According to the European Commission’s (EC) winter economic forecast, the European economy is on a path of steady but moderate growth over the next two years, with job creation and...

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The agricultural ministry is developing a strategic plan for the use of the CAP

The Ministry of Agriculture has begun to develop a strategic plan for the support system for the period 2021-2027, which will include the framework, directions and justifications for the utilization...

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European Commission: EU excise duty on tobacco products has not contributed to reducing consumption

The EU minimum excise duty on tobacco products did not contribute to discouraging consumption, although the current rules work well for the predictability and stability of Member States’ budget revenues,...

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The EU offers duty-free trade to Britain

The EU offers London an agreement on trade free of duty and quotas. This could be the central pillar of the partnership between the Union and Britain, privatbankar.hu quoted EU’s...

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The economic sentiment in the euro area and the EU improved in January

The euro area economic sentiment rose to a five-month high in January and a seven-month high in the European Union, according to a report released by the European Commission’s Directorate-General...

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EU support for agriculture should also be provided during the transitional period

Farmers should continue to receive their subsidies after the current Common Agricultural Policy (CAP) expires at the end of this year – Nagy István Minister of Agriculture head of the...

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The European Court of Auditors is an effective but not flawed EU SME program

The EU SME support program is effective and innovative progrma but has problems – the European Court of Auditors’ Special Report on the Instrument to support small and medium-sized enterprises...

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Survey in the Hospitality Industry about Disposable Plastic Tools

Deadline for partial ban on single use plastics is approaching: Companies have one year to find a solution to replace their multiple disposable plastic devices – mfor.hu wrote. Last year,...

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The EU Trade Commissioner said that trade relations between Washington and the European Union could be resumed

Trade relations between Washington and the European Union can be restarted – Phil Hogan, European Union (EU) Trade Commissioner said in Washington, to reporters. Phil Hogan said at a press...

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There is a growing demand for homemade pálinka

Initiatives to produce certain quantities of concentrated beverages exempt from tax could be on the agenda again in the relevant forums of the European Union – Tállai András, Minister of...

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Expert: the employment of the 20-64 age group surpasses the EU target

In Hungary, the average employment rate for the 20-64 age group is 75.5 percent, above the 75 percent target set by the European Union for 2020 – Csath Magdolna economist...

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Less than half of EU passengers are familiar with EU passenger rights

Less than half of EU passengers, 43 percent, know that the European Union (EU) regulates passengers’ rights, according to a European Commission survey released on Monday. According to the survey,...

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Consumer prices in OECD countries have accelerated

In OECD member countries, the annual growth rate of consumer prices accelerated to 1.8 percent in November, from the 1.6 percent of October, the lowest rate since November 2016. In...

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Negotiations on the new Common Agricultural Policy will continue in Brussels next year

At the Agriculture and Fisheries Council on Monday, EU agriculture ministers agreed that further negotiations on the details of the new Common Agricultural Policy (CAP) were needed and that an...

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The gap between the richest and poorest EU member state is narrowing but still huge

Slightly reduced but still huge gap between richest (Luxembourg) and the poorest country (Bulgaria), according to a report released last Thursday by the Statistical Office of the European Union (Eurostat)....

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Thirteen EU Member States have supported Hungarian apiculture proposals

Thirteen EU Member States supported Hungarian proposals to strengthen the beekeeping sector at a meeting of the Agriculture and Fisheries Council on Monday – the Ministry of Agriculture (MTI) told...

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Euro area inflation is at its lowest for three years

Euro area inflation fell to a three-year low in October, according to a statement released on Friday by the European Union’s statistical office, Eurostat. In the 19 euro area countries,...

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European Commission: The EU is taking action against customs duties on frozen French fries in Colombia

The European Union classifies it as an illegal anti-dumping measure and initiates dispute settlement proceedings against Colombia at the World Trade Organization (WTO) over customs duties on frozen French fries...

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PM has agreed with EU finance ministers on tax exemptions for home-made pálinka

Tax exemptions on home-made pálinka were again discussed at a meeting of the European Union’s finance ministers in Brussels – Finance Minister Varga Mihály said after the meeting, according to...

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Tokaji is also included in the EU agreement with China on the protection of geographical indications

The name Tokaji is also included in a bilateral agreement between the European Union and China on the protection of geographical indications containing one hundred European and one hundred Chinese...

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Apiculture association: about 550,000 tonnes of honey is consumed each year in the European Union

Almost one-third of the world’s honey production, about 550,000 tonnes of honey is consumed a year in the European Union (EU), but EU beekeepers can produce only half of it,...

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

Economic sentiment in the euro area deteriorated more than expected for the second consecutive month in October, reaching a five-year low, as industry sentiment is increasingly spreading to services and...

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The EP asks the European Commission for a new proposal to protect bees

MEPs adopted a resolution on Wednesday calling for greater protection of bees and calling on the European Commission to draft a new proposal after Member States say they have loosened...

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AM Minister of State: to maintain EU agricultural subsidies is an expectation

Hungary cannot accept a larger reduction than the UK’s withdrawal from the European Union justifies, so keeping current Common Agricultural Policy (CAP) funds at the current level is a minimum...

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AM: The agricultural ministers of the Visegrád countries met in Prague

The shaping the future of the Common Agricultural Policy and forestry issues were the main topics of the meeting of the agricultural ministers of the Visegrád Cooperation in Prague, which...

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The economic sentiment in the euro area and in the EU deteriorated in September

More than expected, the economic sentiment in the euro area deteriorated to near its five-year low in September, according to the survey of the European commission. The Economic Sentiment Indicator...

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The government will continue to take action to exempt the distillation of pálinka

The government is taking action in every forum of the European Union (EU) to re-exempt the production of pálinka – Tállai András told Magyar Nemzet. The parliamentary Minister of State...

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