Tag "EU"
Economic growth is accelerating in Europe
This year’s first quarter growth rate was higher than in the previous quarter both in the European Union and in the Euro Zone – the European Union's statistical office, the...
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European Union produces 88 million tons of food waste a year
The European Union produces 88 million tons of food waste a year, in the value of nearly EUR 143 billion – reported the FUSIONS project, in which the Hungarian Food...
Read moreGfK: a boom may come in domestic retail
The annual conference of the Hungarian Association of Shopping Centers (MBSZ) was held on 25-26 April 2016. The 170 representatives of the domestic retail analyzed the developments of the past...
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The EU issued more than two thousand alerts for dangerous products last year
The EU issued more than two thousand alerts for dangerous products (consumer protection) last year. Nearly two-third of the products came from China – the European Commission announced on its...
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Improved consumer sentiment in the euro zone and in the EU in April
Consumer confidence has strengthened in April in the euro zone and in the European Union – according to the European Commission's preliminary flash estimate that was published on Thursday. The...
Read moreThe EU could pay simpler
Hungary urges a reduction in the administration of the EU’s greening agricultural subsidies as well as the simplification of environmental regulations – the agrarszektor.hu wrote. Hungary would easen the excessively...
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The European Union intends to modernize Value Added Tax
Today's Action Plan is the first step towards a single EU VAT area which is equipped to tackle fraud, to support business and help the digital economy and e-commerce. The...
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EU about to rethink tax systems
The European Commission have shared the contents of their Anti-Tax Avoidance Package (ATAP) with the public. There are three main courses of action: introducing a common consolidated corporate tax base;...
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Declining economic sentiment in Europe
Economic sentiment declined in the euro zone and in the European Union in March for the third consecutive month. According to the report issued by the European Union’s Economic and...
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Economic growth in the eurozone strengthened in March
The pace of economic growth intensified in the euro zone’s private sector in March, while the deflationary pressure remains due to discounts granted in response to the depressed demand –...
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Hotel Association: the EU institutions support the strengthening of hotel ratings
The institutions of the European Union support the further strengthening of the Hotelstars Union’s (HSU) certification system used on the European hotel industry – the Association of Hungarian Hotels and...
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A decision was born in Brussels on the temporary reduction of EU milk production
The European Union backed temporary cuts in milk production on Monday, in an emergency move intends to tackle excess supply. The overproduction of milk has been a problem since the...
Read moreNew warnings may be place on the labels of the beer and wine bottles
The Hungarian consumer protection propose new kind of labeling on the labels of the alcoholic beverages to the European Union. They want to reach to indicate the calorie content of...
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Fake handbags and suitcases cause 1.6 billion euros damages each year in the EU
It is estimated that the industry loses approximately 1.6 billion euros revenue each year due to the presence of counterfeit handbags and luggage in the EU marketplace, corresponding to 12.7...
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The retail of the EU and the euro zone increased in January
Retail sales in January increased in the euro zone and in the European Union, compared to the previous month. EU's statistics office, the Eurostat announced on Thursday that, according to...
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Consumer prices decreased in the euro zone in February
According to preliminary data of Eurostat consumer prices in February fell by 0.2 percent, compared to a year before. After January's 0.3 percent growth, the analysts expected a stagnation. Consumer...
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Consumer sentiment deteriorated in the euro zone and in the EU as well
Consumer confidence deteriorated in February in the euro zone and in the European Union – according to the European Commission's preliminary flash estimate that was published on Friday. The sentiment...
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Magazine: Migrants in the labour market: crisis or opportunity?
Last year more than 1.2 million people asked for asylum in the European Union, twice as many as in 2014. Many experts say that from an economic and labour market...
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Foreign trade expanded in Europe
Last year, both the euro zone and the EU increased their exports and imports, and the trade surplus increased in both regions as well – the European Union's statistical office,...
Read moreMeasures against honey forgers
The European Commission developed a control plan in order to eliminate industrially created import honey imported to the EU. In Hungary the fake honey have been basically eliminated. The NÉBIH-...
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Hungary performs well in the EU export competition
According to the first approximation, the euro zone’s 19 Member States shipped 167.5 billion euros worth goods to the rest of the world in December 2015, which is a three...
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EU apple and pear may be allowed to enter the USA
The United States Department of Agriculture (USDA) published a draft regulation that gives a green light to apple and pear import from the European Union. This is great news for...
Read moreEconomic sentiment improved in Hungary and deteriorated in the EU in January
The economic sentiment index of the eurozone and the European Union deteriorated in January, while improved in Hungary and in the Central and Eastern European countries – it the European...
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Eurostat: The number of overnight stays broke a record in the European Union
In 2015, the number of nights spent in tourist accommodation establishments in the European Union (EU) is expected to have reached a new record level of around 2.8 billion nights,...
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Soybean production is ramping up by the EU’s direct subsidies
One of the biggest challenge for crop producers last year was the convertion to the European Union’s direct aid. Among the new support conditions soybeans have become hit products, while...
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Prices in the EU and in the euro zone increased slightly
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
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Apples and pears from the EU can be transported to the U.S.
Apple and pear exports became available from European Union to the United States. Thus, the European producers may get a new sales opportunity after they lost a substantial part of...
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EU food aid: it is not known when the packages will be distributed
Food packages are distributed to the needy in Romania for many years with the support of the European Union, usually before Christmas. In the early years the municipalities directly arranged...
Read moreThe Eu retail sales rose, while a decrease occured in the euro zone
The volume of retail sales decreased in the euro area in November, compared to the previous month, but rose slightly in the European Union. The EU's statistical office (Eurostat) on...
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0.2 percent euro area inflation in December
Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates...
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