Tag "EU"
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...
Read moreThe 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...
Read moreThe 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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Consumer confidence improved in May in the euro area and in the EU
Consumer confidence in the euro area and the European Union has improved significantly in May, according to a survey by the European Commission’s Economic and Financial Directorate (DG ECFIN). According...
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The EU has adopted a ban on disposable plastics
The European Union’s General Affairs Council has adopted a ban on certain non-reusable plastics in response to plastic pollution – the EU Council announced on Tuesday. According to the information,...
Read moreA tracking system follows the movement of illegal tobacco products
A new EU monitoring system came into force on Monday, recognizing the movement of non-legally produced or illegally introduced tobacco products within the EU by means of a unique identifier...
Read moreWe continue to stand up to the tax exemption for home-made pálinka
Hungary still does not support the taxation of home-made pálinka cooking, and at every forum stands for the European Union to allow tax exemption for the production of fruit distillate...
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EU goods turnover surplus has fallen compared the United States
The European Union’s trade surplus against the United States declined in the first quarter of this year, but China’s deficit has increased, according to the preliminary data published by the...
Read moreNagy István: we need to keep the level of EU agricultural subsidies
In order to maintain the current level of subsidies, the right framework and simple conditions are needed in the European Union’s agricultural policy – Nagy István, Minister of Agriculture said...
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Retail sales in the euro area grew stronger than expected
The European Union’s Statistical Office (Eurostat) reported that the seasonally adjusted retail sales stagnated in the 19-member eurozone, while on an annual basis increased by 1.9 percent. Analysts expected an...
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Employment in the European Union increased to a fifteen year peak last year
Employment in the European Union increased to a fifteen year peak last year, and thirteen of the twenty-eight Member States have reached their national target for 2020 – according to...
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The European food fraud report was published
The 2018 report of the European Food Fraud Network (EU Network for Food Fraud), which provides insight into information exchange through the Administrative Assistance and Cooperation System (AAC) was published...
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The ZEW German and Euro-zone economic sentiment index is at its one-year peak
The economic sentiment index has risen to the highest level of the past one year in Germany and in the euro area – according to the report of the Mannheim-based...
Read moreEU: climate change, urbanization and the demographic crisis are among the main global megatrends
The challenges posed by climate change, urbanization and the demographic crisis are among the most important global megatrends, which will inevitably and greatly affect the functioning of the world by...
Read moreIn case of a Brexit disorder, the EU will immediately restart customs controls
Customs controls on goods coming from the United Kingdom will immediately restart, after which VAT will have to be paid if Great Britain leaves the European Union in an irregular...
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The EU has adopted an investment package for infrastructure projects in 10 Member States, including Hungary
In the framework of cohesion policy, the European Commission has adopted an investment package of 4 billion euros for 25 large-scale infrastructure projects in 10 Member States. In the case...
Read morePálinka cooking can be tax-free again
In May, a decision could be made in the European Union on the initiative on the exemption of home-made pálinka – Magyar Nemzet Online wrote. – The suggestion is also...
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The United States and China are the EU’s biggest trading partners
The European Union concludes one third of its foreign trade with the United States and China, while Germany is the largest trading partner for most of the EU member countries...
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Labor costs increased in the EU
Labor costs have increased in the European Union as a whole and in the euro area in the last quarter of last year – according to the data released by...
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