Tag "EU"
The European Commission urges the creation of a council to support innovative initiatives
The European Commission intends to speed up the establishment of the European Innovation Council (EIC), helping to bridge the innovation gap in Europe. Under the program, four Hungarian small and...
Read moreSeven percent of EU imports are counterfeit
There is a growing problem that an increasing share of the commodities traded in world trade are counterfeit, for example, 7 percent of EU imports are counterfeit products, which poses...
Read moreBrexit: probability of a disorderly exit has increased and the entire European economy will suffer
Yesterday, the British House of Commons voted against again to abolish the British EU membership agreement, so MEPs can decide on an unsettled exit. According to the Brexit analysis of...
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Euro area’s GDP growth is on a four-year low in the fourth quarter
Economic growth in the euro area fell to a four-year low in the fourth quarter of last year, according to the final figures of the European Union Statistical Office, Eurostat,...
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Retail sales in the euro area grew stronger than expected in January
The European Union’s Statistical Office (Eurostat) announced on Tuesday that according to the seasonally adjusted data, retail sales in the 19-member eurozone increased by 1.3 percent monthly and 2.2 percent...
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Newer companies have joined the agreement against the distribution of counterfeit products
New internet platforms and brand owners joined to the agreement against the distribution of counterfeit products that was established in 2011 and was strengthened in 2016 – the European Commission...
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The European economy will grow this year
The European economy is expected to grow for the seventh consecutive year in 2019, but appropriate and decisive political action is needed to promote investment and to help implement responsible...
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The economic climate deteriorated in the EU in February
Economic sentiment worsened in February both in the euro area and throughout the European Union. According to a report from the European Union’s Directorate-General for Economic and Financial Affairs (EcFin)...
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Eurobarometer: Hungarians are more positive towards the European Union than the average
Hungarians are more positive towards the European Union than the average. The number of those, who see the EU positive is more than twice as those who have a negative...
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The EU invests more than 10 billion euros into innovative clean technologies
The European Commission has announced a multi-sector investment program worth more than 10 billion euros (about 3200 billion HUF) to develop and deliver low-carbon technologies to increase Europe’s global competitiveness...
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The lowest inflation of the past nine months occurred in the euro area in January
In January, the lowest inflation rate of the past nine months in the euro area was recorded by the European Union Statistical Office, Eurostat, on the basis of final figures...
Read moreBrexit without agreement may bring steep rise in prices and a lack of food
Due to food shortages and sudden high tariffs, there would be a risk of steep price increases if the UK would leave the European Union without agreement during the Brexit...
Read moreBritish food exports to the EU cannot be guaranteed without agreement
In case of a Brexit without agreement, there would be no full guarantee that Britain could continue to export food to the markets of the European Union – the head...
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EU forecast: moderate growth is expected in the European economy
According to the European Commission’s (EC) Winter Economic Forecast, the European economy will continue to grow in 2019, as expected in the last seven years, and performance is expected to...
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The EU-Japan Trade Agreement comes into force
The EU-Japan Economic Partnership Agreement will come into force on 1 February, which will abolish the vast majority of customs duties of about 1 billion euros per year for the...
Read moreNagy István: reduction in rural development funds is unacceptable
The European Commission’s proposal to reduce Hungary’s rural development resources after 2021 by more than 26 percent is unacceptable – Nagy István, Minister of Agriculture said at the Agriculture and...
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The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency
The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency Hungary continues to be committed to genetically modified food (GMO) -free food...
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The EC has authorized the use of American soybeans as biofuels
The European Commission has authorized the use of American soybeans as biofuels on Tuesday, which will certainly increase the volume of imports from the United States. Authorization was granted until...
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The net surplus of EU funds to Hungary exceeds 11 thousand billion forints
Since joining the EU, Hungary has received more than 11,000 billion forints as EU support by 2017, as it has paid into the community – the head of the European...
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The number of guest nights spent in the EU increased by more than two percent
The number of guest nights spent at tourist accommodation establishments in the European Union (EU) increased by 2.2 percent in 2018 compared to the previous year, reaching 3.1 billion. The...
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The rate of rise in consumer prices in the euro area slowed down in December
The pace of consumer price rises in the euro area slowed down to an eight point nadir in December. According to the final figures published by the European Union Statistical...
Read moreKavosz: it is important not to lose EU funds after 2021
It is important for the Hungarian entrepreneurial community not to lose EU development funds in the 2021-2027 period – Krisán László, CEO of Kavosz Zrt. told M1 news channel on...
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Hungary is the first to draw EU funds
In 2018, the European Commission allocated 4.4 billion euros to Hungary, ie more than 1,400 billion HUF development funds – said Schanda Tamás, Minister of State of the Innovation and...
Read moreMinister of Agriculture: Hungary request greater share of EU research and development resources
Hungary calls for greater share of CEE funding from EU research and development sources – Nagy István, Minister of Agriculture said in Brussels on Monday, after the EU Agriculture and...
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The gap between the wealthiest and the poorest EU member states declined but remains huge
Although last year, as in previous years, the gap between the richest and poorest countries in the European Union, Luxembourg and Bulgaria has became somewhat smaller, but there is still...
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No more geoblocking, shop online anywhere within the EU
From Monday, December 3, geoblocking within the EU is strictly prohibited, so the online shopping experience of European citizens changes substantially. Geoblocking, the unduly blocking of those not residing in...
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The euro area and the EU achieved a modest growth in employment in the third quarter
In the third quarter, the number of people employed in the euro area increased in the lowest extent of the past three and a half years, but reached a record...
Read moreUnlimited online shopping to be possible
On 3 December, the EU regulation will come into force throughout the European Union (EU), which eliminates unjustified territorial restrictions on electronic commerce. Andrus Ansip, European Commissioner for the Digital...
Read moreKSH: more than half of the EU citizens purchased online last year
An average of 57 percent of the population of the European Union ordered goods via the Internet last year. The proportion of online buyers is much higher in the UK...
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