Tag "EU"

Fear of recession breeds EU economic reform

EU economic commissioner Paolo Gentiloni said on Saturday he intended to put forward a reform of the eurozone’s stability pact after the summer, adding that the new rules could likely...

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Retail sales declined in the euro area and the EU

Retail sales declined in April in the euro area and the European Union on a monthly basis. The European Union’s statistical office, Eurostat, said on Friday that retail sales fell...

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Producer price inflation has slowed in the euro area and the EU

On a monthly basis, producer prices in the euro area and the European Union accelerated at a record rate of year-on-year. The EU’s statistical office, Eurostat, said on Thursday that...

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EU: Most European bathing waters meet quality standards

Most of Europe’s bathing waters meet the highest quality standards, with 60.2 percent of the 274 bathing sites listed in Hungary meeting these criteria, according to the European Environment Agency...

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A new rule tightens the actions in stores

The actions of the stores will be tightened by a new EU and Hungarian law, which will come into force on Saturday, May 28, the Association of Conscious Shoppers said...

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Eastern EU Member States are hit hardest by rising food prices

The eastern member states of the European Union are hit hardest by rising food prices, the German Federal Statistical Office (Destatis) said in an analysis on Wednesday.   According to...

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AM: EU agriculture ministers discuss food security

The European Union has a moral and economic duty to increase its agricultural production, but it is essential to rethink the measures that will reduce production, Feldman Zsolt said in...

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New study unveils how the CAP is contributing to animal welfare and antimicrobial use reduction

The European Commission published a study examining how the Common Agricultural Policy (CAP) 2014-20 contributed to improving animal welfare and reducing antimicrobial use. The study provides a snapshot of the...

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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

Sorry, this entry is only available in HU....

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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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