The European Commission has published the 2022 edition of the European Innovation Scoreboard. According to the document, Hungary continues to be in the lowest, 'Emerging Innovators' category along with Bulgaria, Croatia, Latvia, Poland, Romania and Slovakia. The document says that compared to 2021, innovation performance in 2022 has improved for 19 Member States, and declined […]
The European Commission, the quasi-government of the European Union, calls for an estimated EUR 7.5 billion in EU funding to be withheld from Hungary over corruption concerns that the Hungarian government failed to dispel. Referring to EC President Ursula von der Leyen's State of the Union address earlier this week, EC Commissioner Johannes Hahn, in […]
The European Commission has today selected 135 transport infrastructure projects for EU grants, from 399 project proposals submitted under the Connecting Europe Facility (CEF), the EU's funding instrument for strategic investment in transport infrastructure. Five of the winning projects are from Hungary. The funding will support projects across all EU Member States along the Trans-European […]
The European Commission is directly funding green developments in the Hungarian capital, as part of a mission to aid achieving the 2030 climate goals in a hundred cities in Europe, Budapest Mayor Gergely Karacsony has announced. As the Hungarian state news agency MTI reports, the European Union's Climate-Neutral and Smart Cities mission is also supporting […]
The European Commission on Wednesday initiated against Hungary a never-before-used procedure, the rule of law mechanism, that could see the Hungarian government stripped of funding for flouting democratic standards. As the Hungarian state news agency MTI reports, Johannes Hahn, the EU Commissioner for Budget and Administration, was authorized to send a written notification to Hungary […]
The European Commission has sent a formal notification to the Hungarian government to launch the so-called conditionality mechanism, which links the disbursement of EU funds to the rule of law, European Commission President Ursula von der Leyen announced in Strasbourg on Tuesday at the European Parliament (EP) plenary session. As the Hungarian state news agency […]
Although he refused to do so last year, Viktor Orbán has now sent a letter to European Commission President Ursula von der Leyen asking for more money for Hungary from the EU's EU's Recovery and Resilience Facility (RRF). In addition to the non-repayable aid, the government would also draw on the loan facility - the […]
The European Commission has approved an investment of over EUR 80 million from the Cohesion Fund to improve train connections for passenger and freight transport in the region of Northern Great Plain in Hungary. Commissioner for Cohesion and Reforms, Elisa Ferreira stated that “we launch another important major project to concretely improve the life of […]
The European Commission has approved €654 million to Spain and Hungary under REACT-EU following the modification of two European Social Fund (ESF) Operational Programs (OP). According to an announcement by the European Commission, in Hungary, the national OP 'Human Resource Development' will receive an additional EUR250 million for purchasing 13 million doses of COVID-19 vaccines […]
The protected geographical indication ‘Fertőd vidéki sárgarépa’ is a carrot produced by growing the species Daucus carota L. The varieties used are Fertődi vörös, as well as the Nantes-type Napa and Napoli carrot, the European Commission has announced. The European Commission describes the vegetable as follows: When placed on the market, ‘Fertőd vidéki sárgarépa’ is cylindrical/conical in […]
The European Commission will provide free travel rail passes to 60,000 Europeans aged from 18 to 20 years. Applications open at noon tomorrow, October 12 and close at noon on October 26, for a travel period in 2022, which will be the European Year of Youth. About Hungarians are eligible. According to the Vice-President for […]
The European Commission has approved the modification of six Operational Programmes (OP) for the European Regional Development Fund (ERDF) and the European Social Fund (ESF) in Spain, Bulgaria, Italy, Hungary and Germany under REACT-EU for a total of EUR 2.4 billion. As for Hungary, the statement says the Economic Development and Innovation Operational Programme (EDIOP) […]
The European Commission (EC) has approved the application for the inclusion of 'Csopak' / 'Csopaki' wines in Hungary in the Register of Protected Designations of Origin (PDOs), the EC said in a statement. It has also been geographically determined from which areas wines are protected, according to which the production area of 'Csopak' / 'Csopaki' […]
The EU General Court’s new approach to merger control may give the green light to an increasing number of merger and acquisition (M&A) deals. On May 28, 2020, the EU General Court annulled the Commission’s prohibition of a merger proposed by two telecom companies, Telefónica UK and its competitor among network operators, Hutchison 3G UK. […]
The European Commission has approved a HUF 350 billion (approximately EUR 1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The support measures available under the scheme will be financed by the EU structural funds. According to Executive Vice-President Margrethe Vestager, in charge of competition policy, “this EUR 1 […]
