Tag "EU"

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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Between 2013 and 2017, almost 12 billion euros of counterfeit goods were seized in the European Union

About 438 million counterfeit goods were seized in the European Union between 2013 and 2017, with an estimated value of nearly 12 billion euros – the European Union Intellectual Property...

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Counterfeiting accounts for more than 18,000 billion forints losses at EU level

According to the estimates of the European Union Intellectual Property Office (EUIPO), losses in counterfeiting and piracy in 11 economic sectors amount to 18,686 billion HUF per year at EU...

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Economic growth in the euro area and the EU slowed in the second quarter

Economic growth slowed in the European Union and the euro area in the second quarter. According to revised but not yet definitive data, Hungary achieved the highest economic growth in...

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V4: do not cut EU subsidies!

Representatives of the Parliamentary Committees for European Affairs of the Visegrád Countries called the 20 percent cut in EU funding for the next seven-year budget cycle unacceptable at their meeting...

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European Commission: VAT losses has been reducing in EU countries for years

The difference between the calculated and the actual amount of VAT collected has been decreasing for years, reaching 137 billion euros in EU countries in 2017 – the European Commission...

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Közel 2 milliárd forintot ad az EU a magyar iskolagyümölcs-, zöldség- és tejprogramokra

Magyarországon az iskolagyümölcs- és iskolazöldség-programot 3,73 millió euróval (1230 millió Ft), az iskolatejprogramot pedig 1,95 millió euróval (645 millió Ft) támogatja az Európai Unió, ami a 28 EU-tagállam viszonylatában a...

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Consumer confidence in the euro area deteriorated in August

Consumers confidence in the euro area and in the European Union deteriorated in August, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN)....

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Food prices jumped at the European Parliament’s canteen

Officials have filed a formal complaint to the European Parliament in Brussels after experiencing an increase in canteen prices there – hvg.hu wrote after Politico. The price increase is 25...

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It will be mandatory to use a security code for online purchases from autumn,, and customers need to take action as well

It will be mandatory to use a security code for online purchases from 14 September within the European Union, and customers must activate the services at a branch, online banking...

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Most Europeans are optimistic about the situation in the EU

The population of the EU Member States has a much higher rate of positive EU membership in every area from the economy to the state of democracy than at any...

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The US would increase beef exports to the EU

US President Donald Trump signed an agreement on Friday in Washington with EU officials to increase US beef exports to the EU. The deal was signed at a ceremony in...

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Economic growth slowed in the second quarter in the euro area and in the EU

Economic growth both in the European Union and in the euro area slowed down significantly in the second quarter. According to the first estimate released by the European Union Bureau...

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The rate of increase in consumer prices in the euro area slowed down in July

Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...

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ITM: Member States opposing regulations that distort the transport market are acting unanimously

Member States opposing regulatory plans that distort EU transport market continue to act united – the Ministry of Innovation and Technology (ITM) told MTI. The six CEE Member States believe...

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Consumer confidence improved in the European Union in July

Consumer confidence in the euro area and in the European Union as a whole improved in July compared with the previous month, according to preliminary data released on Tuesday by...

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The EU can impose 35 billion USD, if US automotive protective tariffs come into force

The European Union is ready to impose import duties on some 35 billion USD US products if the US imposes protective duties on imports of motor vehicles and auto parts...

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Non-EU countries also show great interest in Hungarian agri-food products

With regard to the International Grüne Woche, our magazine asked Zsanett Oláh, CEO of the Hungarian National Trading House (MNKH) to talk about the export opportunities of Hungary’s agri-food sector....

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NAK: a critical agreement was reached for EU agriculture

After two decades of negotiations, the European Union and the Mercosur countries have decided on a comprehensive trade agreement that will create the world’s largest free trade area. The National...

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The economic climate in the euro area deteriorated in June

The economic climate in the euro area deteriorated to a greater extent than expected, to almost three years low in June, with a sharp decline for the largest economies, such...

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The three-stripe trademark of Adidas was declared invalid by the EU court

Adidas has failed in an attempt to broaden trademark protection for its three-stripes symbol in the European Union as rivals seek to muscle into the market for striped shoes and...

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Inflation decreased in the EU

Inflation dropped to a one-year low in the euro area in May and consumer prices continued to fall across the EU – Eurostat announced on Tuesday, confirming the preliminary data...

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The EU will increase the support of the beekeeping sector to 120 million euros

The European Commission will provide 120 million euros (38.6 billion HUF) to support the European Union beekeeping sector over the next three years. This funding represents an increase of 12...

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The EU adopted a regulation on market surveillance of unsafe goods

The Council of the European Union adopted a regulation strenghtening market surveillance protocol in order to introduce only safe products to the market – the EU Council said on Friday....

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Quarterly GDP growth accelerated in the euro area and the EU in the first quarter

On quarterly basis, GDP growth accelerated in both the euro area and the EU, based on a report published by the European Union Statistical Office, Eurostat, on Thursday. The quarterly...

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The European economy is expanding for the seventh year

The European economy has been growing for the seventh year and is expected to grow further in 2020. The economies of all Member States are strengthening, despite less favorable conditions...

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There are a lot of illegal workers on EU farms

Up to 60 percent of workers are illegally employed in some farms of the European Union – agrarszektor.hu wrote. Because of the seriousness of the case, many experts urges the...

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The economic climate in the euro area improved slightly in May

In the euro area, economic sentiment has improved in May, and the economic sentiment in the EU as a whole has been more subdued, according to a survey published by...

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The EU would encourage global e-commerce

The European Union (EU) seeks to introduce international rules that would encourage global e-commerce, making it easier for businesses in the sector – especially for small and medium-sized enterprises (SMEs)...

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