Tag "EU"

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....

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Corn 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...

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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...

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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...

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The 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...

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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...

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Euro 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...

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The 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...

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Higher-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...

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Conference 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...

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In 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....

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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...

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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...

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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...

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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...

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The European Union forecasts a modest economic growth

Despite the drop in oil prices and the relatively weak euro, a moderate economic growth can be expected in all countries of the European Union – according to the autumn...

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Deterioration in consumer sentiment in the euro area and the EU as well

The mood among consumers in the Euro Area decreased by 0.6 points to -7.7 in October from -7.1 in September of 2015, missing market expectations of -7.35 and reaching the...

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Hungarian beekeepers initiated a demonstration in Brussels

The Hungarian beekeepers initiated an international beekeeper rally in Brussels on 30 October in order to tighten honey imports from China to the EU – the organizers of the demonstration...

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Decline in consumer prices in the euro zone and the EU as well

Consumer prices in the Eurozone fell for the first time in six months by an annual 0.1 percent in September, pushed down by energy prices and matching preliminary estimates. The...

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The distilleries produced the one-fifth of last year's volume

The country's distilleries produced the one-fifth of last year's volume, only two million liters, after the EU eliminated the tax exemption on cooking earlier this year – index.hu wrote after...

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The amount of the food chain supervision fee may decrease

No compromise has been born with Brussels about the degree of the food chain supervision fee, but the new public duty is expected to be lower than the previous –...

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The greening time limit expires this week

The European Commission decided after a number of Member States' proposals that further amendments will be made to the greening system in the spirit of simplification. So at the end...

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Eurostat: for 2080 almost one third of the EU's population of will be over 65

The European Union (EU) population is steadily aging. While in 2014, 18.5 percent of the total population was over 65, by 2080 this proportion is expected to reach 30 percent...

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We can submit a complaint on foreign companies at the European Consumer Centre

The Hungarian complainants can turn to the European Consumer Centre in order to settle consumer complaints on foreign companies – the European Consumer Centre told MTI on Monday. According to...

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Foreign VAT can be claimed back for another week

The Hungarian companies still rarely claim back the VAT on invoices related to residence in other EU countries, rather they account gross costs – the international tax consulting and auditing...

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The government calls for joint EU action against tax evasion

The EU countries should act against tax evasion in a coordinated way, by learning from each other- the National Economy Ministry (NGM) emphasized on Tuesday. Rákossy Balázs, Minister of State...

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The EU can provide guidance for carriers to the situation due to the border closures within weeks

The European Union is expected to provide guidance to member countries and international carriers to treat the increased driving time, due to the grievous border crossings – Pencz Zoltán, Secretary-General...

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EU Advocate General: the Hungarian cafeteria regulation violates the EU law on several points

The Hungarian cafeteria regulation is contrary to EU law in several points – the Advocate-General of the European Court of Justice announced on Thursday. The Advocate General's Opinion is not...

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EuroZone’s inflation fell in August

Inflation across the eurozone unexpectedly weakened in August, raising hopes among economists that the European Central Bank will eventually expand its already massive bond-buying program to combat the economic risks...

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GMO ban: the U.S. will not give up

It seems that the American and Canadian corporations dealing with genetic engineering do not resign themselves into the much more stringent European GMO consumer protection regulations, and would like to...

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