Tag "EU"

The EP has approved the introduction of a global minimum corporate tax rate

MEPs have approved a Commission proposal to make an international agreement on a global corporate tax rate of at least 15% mandatory, the EU parliament said on Thursday. At the...

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Economic growth in the euro area was better than expected

Economic growth in the euro area performed better than expected in the first quarter, according to a flash estimate by the European Union’s statistical office. GDP growth exceeded the previous...

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Minister of Finance: 2 billion euros could go to mitigate the effects of the war

Hungary will also benefit from the resources the European Bank for Reconstruction and Development (EBRD) that would use to mitigate the consequences of the Russian-Ukrainian war in neighboring countries, Varga...

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Central Europe would also be trapped if Russia were completely isolated from the world

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Economic sentiment in the euro area deteriorated in April

For the second month in a row, the economic sentiment index in the euro area and the European Union fell to a more than 1-year low in April in a...

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Quarterly economic growth slowed in both the euro area and the EU

Quarterly economic growth slowed, but the annual pace accelerated in both the euro area and the EU in the first quarter, according to a preliminary report by Eurostat, the European...

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Eurostat: life expectancy has slightly reduced in the EU

Compared to the previous year, it decreased slightly by 0.9 years, falling from 81.3 to 80.4 years of life expectancy at birth in the European Union in 2020, the decline...

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The general government deficit and debt-to-GDP ratio fell last year in the EU

The general government deficit as a share of GDP in the euro area fell to an average of 5.1 percent in 2021 from 7.1 percent in 2020, and the deficit...

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The consumer confidence index improved unexpectedly in the euro area and the EU in April

Instead of the expected deterioration, consumer confidence in the euro area and the European Union improved in April from a low of 22 in March, according to a report by...

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Retail sales in the euro area and the EU increased in February

Retail sales increased in February in the euro area and the European Union on a monthly and annual basis. The European Union’s statistical office, Eurostat, said on Thursday that retail...

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In February, producer prices rose by 1.1 percent in the euro area and the EU

On a monthly basis, producer price inflation has slowed at a record pace on an annual basis, both in the euro area and in the European Union. The EU’s statistical...

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EU to spend €554 million this year on food security in the Sahel and Lake Chad

Due to the worsening food and nutrition security situation in the wake of Russia’s aggression against Ukraine, the European Union has decided to spend 554 million euros (about 205 billion...

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The EU is spending more than 1 billion euros on climate change initiatives

The European Commission has signed a grant agreement worth 1.1 billion euros (about 407 billion forints) with seven EU initiatives that will reduce emissions by more than 76 million tonnes...

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The EU would ban greenwashing and propose new consumer rights

The European Commission’s proposal, published on Wednesday, would ban greenwashing in the EU and introduce new rights for consumers to make environmentally friendly purchasing decisions. According to a press release...

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Economic sentiment in the euro area deteriorated in March

The economic sentiment index in the euro area and the European Union weakened as consumer sentiment deteriorated due to the Russian war against Ukraine. The European Commission’s Directorate-General for Economic...

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The Strategic Plan of the Hungarian Common Agricultural Policy is public

Hungary was one of the first countries to submit a Common Agricultural Policy (CAP) Strategic Plan to the European Commission. Bilateral negotiations on the final content of the document will...

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EU May Let Farmers Use Fallow Land As Ukraine War Hits Grain Supply

The European Union will consider letting farmers use fallow land, notably to grow protein crops for livestock feed, to counter disruption to supply from Ukraine following Russia’s invasion, officials said....

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Unemployment rate in the eurozone fell in January

In January 2022, the euro area seasonally-adjusted unemployment rate was 6.8%, down from 7.0% in December 2021 and from 8.3% in January 2021. The EU unemployment rate was 6.2% in...

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Consumer confidence in the euro area and the EU deteriorated in February

Instead of the expected improvement, consumer confidence in the euro area and the European Union deteriorated in February. The European Commission said on Friday that the consumer confidence index had...

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(HU) Az Európai Unió és Afrika kereskedelme, 2011-2021 között

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Industrial production up by 1.2% in euro area and by 0.7% in the EU

In December 2021, the seasonally adjusted industrial production rose by 1.2% in the euro area and by 0.7% in the EU, compared with November 2021, according to estimates from Eurostat,...

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The EU has approved the use of domestical crickets as food

The European Commission has authorized the marketing of domestical crickets (Acheta domesticus) as a novel food or food ingredient in the European Union, the EU committee announced on Friday. The...

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According to the European Commission, EU funding has reduced disparities between EU regions

EU funding is reducing disparities and territorial and social inequalities between EU regions, the European Commission said in its 8th Cohesion Report. According to a European Commission triennial report examining...

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EC adopts a new climate change adaptation strategy

The European Commission adopted a new EU Strategy on Adaptation to Climate Change, setting out the pathway to prepare for the unavoidable impacts of climate change. The EU does everything...

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Consumer confidence in the euro area and the EU deteriorated minimally in January

The European Commission said on Friday that the value of the consumer confidence index in the eurozone, fell by 0.1 points to minus 8.5 points in January. Analysts expected a...

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The positive changes expected in the wake of the EU’s OECD assessment could also benefit Hungarian and European businesses

In the OECD, the eurasian Economic Union’s professional evaluation was completed, in which the Competition Authority participated as a leading expert. At the OECD meeting, Balázs Rigó, President of the...

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EU regulations defining the new Common Agricultural Policy have been published

As a result of a three-and-a-half year series of negotiations, on 6 December 2021, the EU Regulation on the CAP Strategic Plan, which is a reform package, and the EU...

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EU Weighs Up Tighter Waste Rules To Limit Countries Shipping Rubbish Overseas

The European Commission has proposed a revamp of EU rules on waste shipments to make it harder for member states to offload their trash into poorer countries. The proposed legislation,...

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The European Parliament approved the reform of the common agricultural policy

By a large majority, the European Parliament (EP) on Tuesday approved a reform of the EU’s common agricultural policy (CAP) aimed at making agriculture greener, fairer, more flexible and more...

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Consumer confidence in the euro area and the EU deteriorated more than expected in November

Consumer confidence in the euro area and the European Union deteriorated in November more than analysts expected. The European Commission said on Monday that the consumer confidence index in the...

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