European Commission - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Mon, 03 Oct 2022 08:28:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png European Commission - Diplomacy & Trade https://dteurope.com 32 32 Innovation in the EU: Hungary in the 'Emerging' Group https://dteurope.com/news/innovation-in-the-eu-hungary-in-the-emerging-group/ Sun, 25 Sep 2022 10:00:00 +0000 https://dteurope.com/?p=56085 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 […]

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]]> European Commission Proposes to Cut Funds to Hungary https://dteurope.com/politics/european-commission-proposes-to-cut-funds-to-hungary/ Sun, 18 Sep 2022 10:45:00 +0000 https://dteurope.com/?p=55756 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 […]

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]]> EU Support for Traffic Infrastructure Projects https://dteurope.com/infrastructure/eu-support-for-traffic-infrastructure-projects/ Wed, 29 Jun 2022 17:29:00 +0000 https://dteurope.com/?p=52406 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 […]

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]]> Direct EU Funding to Budapest for Green Development https://dteurope.com/sustainability/direct-eu-funding-to-budapest-for-green-development/ Sat, 30 Apr 2022 10:31:00 +0000 https://dteurope.com/?p=50269 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 […]

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]]> Rule of Law Mechanism Formally Started Against Hungary https://dteurope.com/news/rule-of-law-mechanism-formally-started-against-hungary/ Wed, 27 Apr 2022 13:37:00 +0000 https://dteurope.com/?p=50152 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 […]

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]]> EC Triggers Rule-Of-Law Mechanism Against Hungary https://dteurope.com/politics/ec-triggers-rule-of-law-mechanism-against-hungary/ Tue, 05 Apr 2022 15:14:00 +0000 https://dteurope.com/?p=49412 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 […]

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]]> Hungarian PM Changes Mind and Requests EU Credit Line https://dteurope.com/economy/hungarian-pm-changes-mind-and-requests-eu-credit-line/ Tue, 22 Mar 2022 15:20:00 +0000 https://dteurope.com/?p=48975 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 […]

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]]> EU Funding to Modernize Railway Line in E Hungary https://dteurope.com/infrastructure/eu-funding-to-modernize-railway-line-in-e-hungary/ Wed, 23 Feb 2022 14:23:00 +0000 https://dteurope.com/?p=48083 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 […]

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]]> Extra EU Funding for Hungary to Ease the Pandemic https://dteurope.com/news/further-eur-250-million-for-hungary-to-ease-the-pandemic/ Sat, 27 Nov 2021 12:17:00 +0000 https://dteurope.com/?p=45524 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 […]

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]]> Fertőd Carrot Granted Protected Geographical Indication https://dteurope.com/agriculture/fertod-carrot-granted-protected-geographical-indication/ Wed, 03 Nov 2021 12:55:00 +0000 https://dteurope.com/?p=44839 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 […]

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]]> Some 1,300 Hungarian Youngsters to Receive EU Rail Pass https://dteurope.com/travel/some-1300-hungarian-youngsters-to-receive-eu-rail-pass/ Mon, 11 Oct 2021 11:58:00 +0000 https://dteurope.com/?p=44193 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 […]

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]]> Hungary Receives Extra Funding in EU Cohesion Policy https://dteurope.com/economy/hungary-receives-extra-funding-in-eu-cohesion-policy/ Sat, 14 Aug 2021 10:42:00 +0000 https://dteurope.com/?p=42710 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) […]

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]]> Csopak Wine Receive Designation of Origin Protection https://dteurope.com/gastronomy/wine/csopak-wine-receive-designation-of-origin-protection/ Tue, 21 Jul 2020 07:54:04 +0000 https://dteurope.com/?p=21574 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' […]

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]]> EU Court Ruling May Affect Future Merger Deals https://dteurope.com/european-union/eu-court-ruling-may-affect-future-merger-deal/ Sat, 27 Jun 2020 11:09:00 +0000 https://dteurope.com/?p=20754 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. […]

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]]> EU Commission Approves EUR 1 Billion for Hungary https://dteurope.com/economy/eu-commission-approves-eur-1-billion-for-hungary/ Fri, 17 Apr 2020 13:15:55 +0000 https://dteurope.com/?p=18388 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 […]

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