Tag "EU"
The war is a market risk for Hungarian agriculture
The Russian-Ukrainian war and its consequences interrupted the market and production security of agricultural production, which had strengthened in the last decade, moreover, it led to sales uncertainties and an...
Read more
Consumer sentiment worsened in August in the Eurozone and the EU as well
In August, instead of the expected improvement, consumer sentiment in the Eurozone worsened, according to Wednesday’s report based on preliminary data from the European Commission’s Directorate-General for Economic and Financial...
Read more
Euro zone inflation slowed down in July
In July, inflation slowed down in the euro zone, according to the final data of Eurostat, the statistical office of the European Union, presented on Friday. In an annual comparison,...
Read more
The industrial production of the Eurozone and the EU increased in June
The industrial production of the Eurozone and the EU increased in June in a monthly comparison, while the rate of decline slowed down in both regions on an annual basis,...
Read more
In addition to NAK, the Czech, Polish and Slovak Chambers of Agriculture also support the citizens’ initiative
In addition to the NAK, the other three agricultural chambers of the Visegrad Four also support the European citizens’ initiative launched to preserve the values of the countryside. Nowadays, the...
Read more
EU compensation due to Ukrainian grain imports can be applied for in autumn
Taking targeted use into account, the Ministry of Agriculture will determine the conditions for using the symbolic amount of EUR 15.9 million in compensation awarded by Brussels to deal with...
Read more
Significantly less fruit is ripe in the EU
Half of the EU’s watermelon crop comes from Spain and Italy, which also supply 30% of Europeans’ melons. According to data from Eurostat, the European statistical office, a total of...
Read more
The economic mood in the Eurozone worsened in July
In July, the economic sentiment index in the euro area worsened to a greater extent than expected, while consumer sentiment improved in line with the preliminary data published a week...
Read more
Big changes may come in the invoicing and VAT declaration practice
The EU’s newly launched package of measures called “VAT in the digital age” (ViDA) may radically change the invoicing and VAT declaration practices of the EU member states. What changes...
Read more
The economic performance of the Eurozone decreased in July
The economic performance of the Eurozone decreased more than analysts expected in July, according to the preliminary values of the Purchasing Managers’ Index (BMI) presented on Monday by the S&P...
Read more
Euro zone inflation slowed down in June
In June, as previously announced, annual inflation eased to a 17-month low in the euro area, mainly due to the drop in energy prices, according to the data published on...
Read more
The September deadline for the cereal import ban is unacceptable
A deadline of September 15 regarding the EU import ban on Ukrainian cereals is unacceptable for the EU countries neighboring Ukraine – Minister of Agriculture István Nagy emphasized on Wednesday...
Read more
The sour cherry season is in
The quality of domestic cherries is outstanding, and Hungary is still one of the most decisive actors in the European Union in the cultivation of which, Minister of Agriculture István...
Read more
The EU has signed a free trade agreement with New Zealand
The European Union and New Zealand signed a free trade agreement, as a result of which bilateral trade is expected to increase by up to 30 percent within a decade,...
Read more
In the OECD, inflation slowed down in May
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices slowed to an average of 6.5 percent in May, the lowest...
Read more
The EPR system has come into effect, but manufacturers and distributors still don’t know what to do
The EPR system will come into effect on July 1st, but most manufacturers and distributors are still only guessing about what they have to do, what effect this will have...
Read more
The EU would prosecute large companies for the violations of their suppliers
The European Parliament has adopted its negotiating position on draft legislation that would make it mandatory for large EU companies to check whether their suppliers use child labor or damage...
Read more
The EU proposes to mobilize 430 million EU funds to support the agricultural sector
The European Commission proposes to mobilize 430 million euros in EU funding for European agricultural producers affected by adverse climate phenomena, high input costs and various market and trade problems,...
Read more
Feel free to eat local fruits
The responsible and conscious decision in all areas is to consume seasonal, i.e., domestic fruit harvested at the time of natural ripening, said Minister of Agriculture István Nagy. The head...
Read more
Beverage packaging: the era of fixed caps is coming
In July 2024, the EU regulation will enter into force, which stipulates that the cap must be fixed on plastic bottles or fruit juice boxes for environmental reasons. So far,...
Read more
Organic pet food set for clearer labeling as EU Council and Parliament reach agreement
The European Council and European Parliament have reached a provisional agreement on the labeling of organic pet food. The regulation agreed on this week will make it easier for consumers...
Read more
The EU has extended restrictions on grain imports from Ukraine
The European Union has extended the restriction on the import of cereals from Ukraine – wheat, corn, rapeseed and sunflower seeds – until mid-September, the European Commission announced on Monday...
Read more
In May, food inflation in the Eurozone slowed on an annual basis
In May, inflation slowed down in the euro area on an annual basis, the statistical office of the European Union announced on Thursday. According to Eurostat’s preliminary data, inflation in...
Read more
The European Union should show solidarity with Eastern European farmers
The European Union should show solidarity with the Eastern European farmers in order to ensure that the Eastern European stocks that have become unsold due to Ukrainian grain imports do...
Read more
The bill to prohibit the imposition of land tax was introduced
The bill has been submitted to the parliament, which prohibits the imposition of land tax on mayors and local governments – Minister of Agriculture István Nagy announced on Friday in...
Read more
More than a thousand Hungarian firms will have to report on their sustainable operations to the EU
An 11-country study by Ernst & Young (EY) has found: less than a third of companies qualify as sustainable, based on the EU’s green framework system. This article is available...
Read moreEU forecast: prospects for the European economy are improving
Despite the persistently challenging global environment, economic prospects are improving, the European economy continues to show resilience, the European Commission wrote in its spring economic forecast published on Monday. Economic...
Read moreRetail sales decreased in the euro area and the EU in March
In March, retail sales in the euro area and the European Union decreased in both monthly and annual comparisons. The statistical office of the European Union, Eurostat, announced on Friday...
Read more
European Commission: an agreement was reached regarding the import of Ukrainian grain
The European Commission adopted extraordinary and temporary preventive measures regarding the EU import of agricultural products from Ukraine with the aim of alleviating the difficulties caused by the temporary lifting...
Read more
Inflation eased in the euro area
In accordance with preliminary estimates, inflation in the euro area slowed down in March, the statistical office of the European Union announced on Wednesday. According to Eurostat’s final data, annual...
Read more