Tag "EU"

The leading food companies called on the union

One of the important issues of today is that the agricultural and animal husbandry methods to be both environmentally and ethically sustainable. To this end, leading food companies have recently...

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British exports to the EU fell by more than 40 percent in January

In January, the value of British exports to European Union markets fell by 40.7 percent; imports from the EU fell 28.8 percent – the British statistical office (ONS) said. The...

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Eurostat halved the number of tourist nights in the EU last year

The number of guest nights spent in tourist accommodation in the European Union fell to 1.4 billion last year due to the coronavirus pandemic, which is a 52 percent decline...

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EU survey More than 6 million lost their jobs in the first wave of the epidemic

The first wave of the coronavirus pandemic has led to the loss of more than 6 million jobs in the European Union, and temporary workers and young women have been...

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The economic performance of the euro area declined less than expected in February

The euro area’s economic performance had been shrinking for the fifth month in February, but to a lesser extent than in the previous month, mainly due to an unprecedented rise...

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Economic sentiment in the euro area and in the EU improved in February

Economic sentiment in the euro area improved better than expected in February, according to a report by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) on Thursday,...

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GKI’s economic sentiment index declined slightly in February

Although GKI’s economic sentiment index declined slightly in February, both business and consumer expectations remained more favourable than at the end of last year. Ac-cording to a survey conducted by...

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The amount of GDPR fines imposed in Hungary is over 300 million HUF

Since its entry into force, by the end of 2020, a total of more than a quarter of a billion euros, about 90 billion HUF of GDPR fines have been...

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The joint European inquiry on green advertising has revealed problems

The joint European official investigation revealed problems ongreen advertising, and the Hungarian Competition Authority (GVH) also took part in the coordinated action. According to the agency, the joint investigation reviewed...

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The Chamber of Agriculture supports the nutrient-specific food labeling system

In the European Union, food labeling and nutrition labeling system is changing, the National Chamber of Agriculture (NAK) supports the nutrient-specific labeling system containing the numerical data proposed by Italy,...

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Hungary is urging the EU to take immediate action in the pig sector

At a video conference of the European Union’s agriculture and fisheries ministers on 25 January, Hungary urged urgent measures to improve the situation in the pig sector. At the request...

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Government debt as a share of GDP has increased in the euro area and the EU

The ratio of government debt to gross domestic product (GDP) increased by the end of the third quarter, compared to the quarter and a year earlier as a result of...

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Consumer confidence in the EU deteriorated in January

In January, consumer confidence in the euro area and the European Union deteriorated, compared to December. According to a preliminary flash estimate published by the European Commission on Thursday, the...

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Chamber of Agriculture: EU citizens view the common agricultural policy more favorably

Both European citizens and the Hungarian population have a more favorable view of farmers and the Common Agricultural Policy (CAP) than in recent years, according to the latest report from...

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Hungarian companies can also benefit from the EU-China agreement

Following the entry into force of the Investment Agreement between the EU and China, EU companies, including Hungarian companies, will no longer be required to set up joint ventures and...

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Materials containing plastic and bamboo together should not come into contact with food

Marketing of food contact products containing plastic and bamboo together is banned in EU member states, National Food Chain Safety Agency (Nébih) grants grace period to distributors until next quarter...

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Minister of Agriculture: 7,537 billion HUF to strengthen the Hungarian countryside

7,537 billion HUF will come to strengthen and develop the Hungarian countryside through the EU and domestic resources of the Common Agricultural Policy (CAP) by 2027, said Nagy István at...

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Fitch: the EU recovery fund will significantly accelerate the recovery of the Central European EU economies

The European Union’s recovery fund, especially next year, is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe from the shock of the coronavirus pandemic,...

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Minister of Agriculture: The government spends more than four thousand billion forints on the development of the Hungarian countryside

Through the rural development pillar of the Common Agricultural Policy (CAP), the government can spend a historically large amount of 4,265 billion HUF on the development of the Hungarian countryside,...

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EU Unveils Back-Up Plans To Avoid ‘No-Deal’ Brexit Chaos

The European Union’s executive on Thursday laid out contingency plans for a ‘no-deal’ Brexit at the end of the year to limit disruption to air traffic, and road and rail...

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Brexit could bring chaos in the dairy sector

The English dairy market has so far survived the coronavirus without any particular problems. There are signs that a pandemic will not change much there in the future either. Ian...

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EU forecast: Increased uncertainty over new pandemic hurts economic recovery

Presenting the forecast, Economic Policy Commissioner Paolo Gentiloni said that the economy of the European Union as a whole will shrink by 7.4 percent this year, reaching 4.1 percent increase...

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AM: Hungarian interests are asserted in the CAP negotiations

Hungarian interests will be asserted in the negotiations on the reform of the European Union’s Common Agricultural Policy (CAP), but the meeting of the agriculture and fisheries ministers of the...

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Economic sentiment in the euro area and the EU stagnated in October

After a steady improvement since May, economic sentiment stagnated in October in both the euro area and the European Union. According to data posted on the website of the European...

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CAP: Europe turns green

The new cycle of the Common Agricultural Policy can bring significant changes, with a focus on sustainability measures, such as Biodiversity and the Farm-to-Table strategy. At the same time, the...

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Cooperation with the East is a common interest

Matolcsy György, central bank president praised the policy of opening up to the East and emphasized the common interest in deepening Eastern cooperation at the online conference entitled Budapest Eurasia...

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An agreement on the common agricultural policy has been reached

An agreement on the new Common Agricultural Policy was reached in the Agriculture and Fisheries Council at dawn on Wednesday – Nagy István Minister of Agriculture told MTI. The agreement...

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The competitive disadvantage of EU e-merchants could be eliminated

The good news for EU e-merchants is that the 22 euros VAT-free limit for products ordered from third countries will be lifted, thus reducing their competitive disadvantage compared to Far...

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AM: Hungary issues a separate opinion on the European Commission’s Farm-to-Table strategy

The Agriculture and Fisheries Council is expected to adopt the Farm-to-Table strategy developed by the European Commission at its meeting on 19-20 October; However, Hungary will make a separate statement...

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