Tag "EU"

Twenty years in the EU: how has Hungarian consumption changed?

On 1 May 2004 ten new member states joined the European Union, including Hungary. In connection with this, GKI has examined how the consumption of the population changed during the...

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MNB: Hungary’s competitiveness in the EU ranking has deteriorated

Hungary’s competitiveness fell two places in 2023 compared to the previous year, and slipped back to 19th place out of the 27 EU countries, according to the central bank’s 2023...

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Inflation moderated in the euro zone and the EU in February

In February, inflation of 2.6 percent, which was lower than in January, corresponding to the preliminary value, emerged in the euro area, based on the final data published by Eurostat,...

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EU agency: climate risks require urgent action

The climate risks experienced in Europe require urgent action, as prolonged droughts pose a significant threat to crop production, food security and drinking water supply, the European Environmental Protection Agency...

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Even stricter rules apply to the import of Ukrainian honey, eggs and poultry

The European Parliament tightened the import of agricultural products from Ukraine, extending the restrictions to poultry, sugar, eggs, as well as cereals and honey. The purpose of the decision is...

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In January, industrial production in the Eurozone fell by the largest rate in ten months

Industrial production in the Eurozone and the EU fell more than expected in January, the largest in ten months, according to a Wednesday report by Eurostat, the statistical office of...

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Retail turnover increased in the euro area and the EU

Compared to the previous month, retail sales in the euro area and the European Union increased in January, but decreased year-on-year. The statistical office of the European Union, Eurostat, announced...

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Kyiv is ready to limit Ukrainian food exports to the EU

Ukraine is ready to accept trade restrictions with the European Union in order to resolve the political dispute between it and Poland, but at the same time urges the Union...

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The annual growth rate of the prices of food, tobacco and alcohol products slowed to 4 percent in February

Annual inflation in the euro area slowed down less than analysts expected in February, according to the preliminary data presented on Friday by Eurostat, the EU’s statistical office. In February,...

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The economic mood in the EU and the Eurozone deteriorated in February

The economic sentiment index deteriorated in the euro area and the European Union in February, according to a survey presented on Wednesday by the European Commission’s Directorate General for Economic...

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In neighboring countries, food prices are already more than twenty percentage points lower

According to a recent research, food prices in neighboring countries are more than twenty percentage points lower than in Hungary. Based on a survey by the Magyar Nemzeti Bank, RTL...

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The Association of European Retailers is waiting for a solution to the Red Sea crisis

The Association of European Retailers (Ecommerce), which unites the major store chains, called on the European Union to urgently solve the shipping crisis in the Red Sea, as it could...

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The Eurozone economy stagnated in the fourth quarter

Eurozone economic performance stagnated in the fourth quarter following a slight contraction in the previous quarter, according to a Wednesday report by Eurostat, the statistical office of the European Union....

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GKI: Hungary has been in the EU for 20 years: how has the population’s trust in the European Union changed?

On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...

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István Nagy: Brussels cannot risk food safety

Brussels cannot risk food safety, the EU leadership must return to normalcy, because its decisions on agriculture endanger daily bread, said the Minister of Agriculture at a press conference in...

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Eurostat: 513 kilograms of waste was generated per person in the EU in 2022

The amount of municipal waste per capita in the European Union was 513 kilograms in 2022, 19 kilograms or 4 percent less than in 2021 (532 kg); In Hungary, 406...

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Retail sales decreased in the euro area and the EU in December

In both monthly and annual comparisons, retail sales in the euro area decreased in December. The statistical office of the European Union, Eurostat, announced on Tuesday, as non-final data, that...

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KSH: The volume of exports of food, beverages and tobacco increased by 6.2 percent

In November 2023, the volume of exports decreased by 3.6 percent and that of imports by 16 percent compared to the same period of the previous year. The assets were...

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Spanish farmers are preparing for demonstrations

Following several European countries, Spanish farmers are also preparing for demonstrations, after the three largest Spanish farmers’ organizations agreed on the movements on Tuesday. According to the joint announcement of...

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SMEs do not yet dare to believe in EU tenders

For the time being, businesses are even less likely to count on EU tenders, barely half of them consider it realistic that they will be able to get funding this...

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Olive oil is brutally expensive

The Spanish olive oil industry is in deep crisis, and producers describe the situation as dramatic. In the last three years, the price of Spanish olive oil has increased by...

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EU Commissioner: new regulations will guarantee the authenticity of the green labeling of products

The European Union is introducing new regulations that will make the green labeling of products more genuine and credible, and will also provide more reliable foundations for the green transition,...

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In the euro zone, inflation accelerated to 2.9 percent in December

Annual inflation in the euro zone accelerated to 2.9 percent in December from 2.4 percent in November, which was the lowest since June 2021, the EU’s statistical office, Eurostat, announced...

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It will be mandatory to indicate the origin of honey in the EU as a percentage

Hungary’s efforts have reached their goal, at the initiative of our country, the EU agriculture ministers agreed that in the future it will be mandatory to indicate the place of...

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Retail sales in the euro area increased on a monthly basis, and decreased year-on-year in October

Retail turnover in the euro area increased on a monthly basis and decreased year-on-year in October. According to data published on Wednesday by Eurostat, the statistical office of the European...

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Proposals for recycling packaging may become more stringent

At the plenary session in Strasbourg, the European Parliament adopted its position on the proposals for the recycling of packaging, the aim of which is to manage the growing amount...

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A free trade agreement between the EU and New Zealand may be established, 48 Hungarian wines and foods will be protected

At the plenary session of the European Parliament in Strasbourg, the conclusion of the free trade agreement between the European Union and New Zealand was approved, which will eliminate 100...

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The EU has sent a request for information about an illegal product to AliExpress

The European Commission sent its request for information to the online trading platform AliExpress on Monday, asking the giant company to provide information on what measures it has taken to...

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Eurostat: Inflation in the euro area moderated more than expected in October

In October, the annual inflation rate in the euro area moderated more strongly than expected by analysts – the statistical office of the European Union, Eurostat, announced on Tuesday as...

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In retail trade, the sentiment index dropped to minus 7.8 points from minus 5.7 points in the euro zone

In October, the economic sentiment index of the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) fell less than expected, but still to its lowest level in a...

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