Tag "EU"

All EU proposals will be announced by the end of the week

Until 2020, the country will receive approximately 9 thousand billion HUF from EU funds, while roughly three thousand billion HUF will be from the state budget – Bánki Erik (Fidesz),...

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Brexit – British food sector: a free trade agreement with the EU is essential

According to the British food producer and retail networks, the sector will definitely need a free trade agreement with the European Union after the termination of the British EU membership....

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Food adulteration is the largest business after drug trafficking in the EU

According to the survey of the European Union, forgery and tax evasion are the biggest illegal business after drug trafficking – Helik Ferenc of the National Food Chain Safety Office...

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Inflation increased in the euro area and in the EU in February

Euro area’s annual inflation became 2.0 percent in February 2017, up from the 1.8 percent in January. In February 2016 the rate was -0.2 percent. European Union annual inflation was...

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Fazekas: a strong CAP is needed after 2020

Hungary will do everything to ensure to give a strong and appropriate budget to the Common Agricultural Policy (CAP) after 2020. In order to reach this goal the Member States...

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Fifth of the honey on the EU market is fake

The European Commission’s highlighted honey investigation has confirmed the suspicion of farmers. Thanks to the most modern methods it turned out that fifth of the honey available in the common...

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EU action is needed to protect European rice production

EU action is needed to protect European rice production – Fazekas Sándor, Minister of Agriculture, told – the Ministry of Agriculture (FM) informed MTI. The FM told that Fazekas Sándor...

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January retail sales in the eurozone

Eurozone’s retail sales increased by 1.2 percent year-on-year in January 2017, following an upwardly revised 1.2 percent growth in December and missing market expectations of an 1.6 percent gain. Retail...

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The number of employees broke a record in the EU and in the euro area again

In July-September, the number of employees in the European Union and the euro area has risen to a new record for the third consecutive quarter, indicating that the labor market...

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FM: Hungarian farmers lost twice

The crisis on the pork and dairy market highlighted the fact that the Hungarian agriculture does not have enough storage and processing capacity, which is why the Hungarian farmers lost...

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EU’s agri-food exports increased significantly in 2016

The European Union’s agri-food exports increased outstandingly in 2016, exceeding the previous year’s figure with 1.7 billion euros, reaching 130.7 billion euros – the European Commission said on Monday. According...

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Inflation is accelerating in Europe

Consumer prices in the Euro Area increased 1.8 percent year-on-year in January of 2017, following a 1.1 percent rise in December and in line with preliminary estimates. It is the...

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EU’s energy consumption fell below its 1990 level

Energy consumption in the European Union in 2015 was below its 1990 level the EU’s statistical agency Eurostat announced on 20 February. EU dependency on imports of fossil fuel imports...

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The NAK urges unified EU actions to mitigate food waste

The National Agricultural Economics Association (NAK) urges unified EU actions to mitigate food waste – the public body told MTI on Wednesday. The NAK supports the proposal – that encourages...

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Slower growth in the EU and in the euro area

Compared to the flash estimate, the economies of the euro area and the European Union grew slower in the fourth quarter of last year – according to the second estimate...

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EU-level voucher system

As of 1 January 2019 stricter and much more complicated rules will regulate the voucher system, because the European Union has adopted a directive aimed at harmonising and clarifying the...

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FM: the EU is satisfied with the Hungarian precautions against avian influenza

The European Union’s food health commissioner is satisfied with the Hungarian authorities’ precautions against avian influenza. Vytenis Andriukaitis EU commissioner indicated that Hungary can continue to count on the financial...

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Our agri-food export to Greece has seen better days

Hungary used to export agri-food products in the value of EUR 150 million to Greece after our accession to the European Union, but our direct export has reduced by half...

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European retail chains getting stronger

In Q3 2016 the sales revenue of European retail chains increased – according to a report by Moody’s Investors Service. Moody’s vice president Vincent Gusdorf told: the good performance is...

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Cheap pre-financing can compensate the delay in payment tender

In a few weeks the European Union’s tenders will start. The remaining tenders of the 2014 to 2020 budget period should be published by the end of March. The Prime...

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EU-level voucher system

As of 1 January 2019 stricter and much more complicated rules will regulate the voucher system, because the European Union has adopted a directive aimed at harmonising and clarifying the...

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Economic growth accelerated in Europe

Economic growth accelerated in Europe both in the European Union as a whole and in the euro area in the last quarter of last year – according to the first...

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Honey falsification: EU needs to take actions against honey adulteration

If the beekeepers would sell their honey at current price it would mean bankruptcy for them – Nagyernyei Attila, president of the Tolna County Apiary Association told. The purchasers offer...

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Economic sentiment improved in the euro area and declined in the EU

In January, the economic sentiment improved slightly in the euro area and deteriorated somewhat in the EU – according to the communication of the European Commission Directorate-General for Economic and...

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Csepreghy Nándor: Hungary is at the forefront in the use of EU funds

Hungary is ranked as the first among the Visegrád countries in the utilization of the European Union funds, while in the European Union’s 28 member states Hungary is among the...

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The EU would like to stabilize the higher milk prices

The past few months brought milk price increase globally. In Hungary, the national average producer price of raw milk was 88.65 HUF per kilo in December 2016. The average price...

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The number of overnight stays broke a record last year in the EU

The number of overnight stays broke a record again last year in the European Union, despite the fact that far fewer people visited the tourist facilities of France and Britain,...

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Hungary asks for the European Commission’s crisis support

In order to easen the economic impact of the bird flu, Hungary officially asks for the European Commission’s crisis support – the Ministry of Agriculture (FM) told MTI on Monday....

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Consumer sentiment improved slightly in Europe

According to the preliminary data published by the European Commission’s Economic and Financial Affairs (ECFIN) on Monday, the sentiment index rose by 0.2 points to minus 4.9 points in the...

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China has become one of the most important trading partner of the EU and Hungary

At a panel discussion at the Lámfalussy conference, Palotai Dániel, managing director of the Hungarian National Bank (MNB) emphasized that China has become one of the most important trading partner...

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