Tag "EU"
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...
Read more
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...
Read more
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...
Read more
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-...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
NGM: an additional 30-40 billion HUF EU support is expected by the end of this year
The Ministry of National Economy announced before that the evaluation of the first round ended in August. During the first round nearly 400 projects won by 57.7 billion HUF support....
Read moreCorn yield: the European Commission cuts back this year's forecast
The European Commission modified its forecast on corn for this year. The EC reduced its forecast for this year's yield by almost one million tonnes to 56.6 million tonnes. Last...
Read more
Counterfeit toys caused more than 400 billion HUF losses to the EU
The counterfeit toys caused almost 1.5 billion euros (more than 400 billion HUF) annual revenue loss in the Member States of the European Union. It is about 12 percent of...
Read more
The EU has extended the economic sanctions against Russia
The European Union moved on Friday to extend economic sanctions against Russia for six more months for its annexation of Crimea and support for separatists in Ukraine, even as European...
Read moreThe agricultural ministry initiated the stricter monitoring of imported honeys into the 0EU
Hungary has Initiated the stricter monitoring and a more accurate indication of the origin of imported honeys into the European Union, at the Agriculture and Fisheries Council meeting in Brussels...
Read more
Hungary wants the chimney cake to be declared as a traditional specialty in the EU
It is expected that Hungary will submit the application in which Hungary wants the chimney cake to be declared as a traditional specialty in the European Union by the end...
Read moreEuro area’s retail sales declined in October
In October, retail sales in the euro area declined, while in the European Union did not change on a monthly basis – the European Union's statistical office, the Eurostat announced...
Read moreThe European Commission has raised no substantive objections against the new health tax on tobacco companies
The European Commission (EC) has raised no substantive objections to the proposal on the new Hungarian health tax on tobacco companies – the Magyar Idők was informed from Brussels on...
Read moreHigher-than-expected wheat output in the European Union
French market analyst Tallage calculates with 147.5 million tons of wheat at EU level. In the second half of September the production price of milling quality wheat was HUF 48,900/ton...
Read moreConference for the GMO-free Europe
A Hungarian and an Austrian People's Party MEP organized a conference titled Fotr the GMO-free Europe, in the European Parliament's József Antall building. Before Wednesday's conference Hölvényi György, MEP one...
Read moreIn trade everyone must pay a food safety supervision fee
The food safety supervision fee’s 0 percent band to be ceased, so in the future everyone must pay a food safety supervision fee in trade – due to EU complaints....
Read more
GDP growth slowed in the euro area
The growth rate of gross domestic product (GDP) decreased in the euro area, while in the EU did not change in in the third quarter, compared with the previous three...
Read more
Consumer prices rose in the euro zone and stagnated in the EU
According to the data, the EU’s harmonized index of consumer prices (HICP) in the euro area was 0.1 percent in October after the 0.1 percent decline of September in an...
Read more
Foreign trade surplus of the euro zone increased in September
According to the first estimate released by Eurostat, the European Union’s (EU) statistical office, eurozone’s trade surplus increased in September. The surplus in goods trade was 20.5 billion euros (22...
Read more
Retail sales of the Eurozone decreased, while the retail sales of the EU increased in September
The volume of retail sales of the Eurozone declined, while the retail sales of the European Union increased in September on a monthly basis. The EU's statistical office (Eurostat) reported...
Read more
