Tag "EU"
COVID-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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Consumer confidence in the euro area and in the EU improved in February
Consumer confidence in the euro area and in the European Union improved in February, according to final figures released by the European Commission on Thursday. The euro area, which comprises...
Read moreThe Eastern European and Baltic countries insist on retaining resources for the Common Agricultural Policy
The agriculture ministers of Eastern Europe and the Baltic states said in a joint statement in Warsaw on Monday that maintaining the level of resources available for the Common Agricultural...
Read moreConsumer 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...
Read moreThe 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...
Read moreAM: 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...
Read moreEU 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...
Read moreThe 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...
Read moreEuropean 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,...
Read moreThe 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...
Read moreThe 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,...
Read moreThe 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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