EURACTIV 🇪🇺

2023-06-07 14:43:28 New EU rules for train passengers that entered into force Wednesday (7 June) exempt operators from compensation obligations for delays and train failures under certain conditions, drawing criticism from German consumer groups.

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2023-06-07 14:18:52 US tech company IBM announced its plan on Tuesday (6 June) to open the first European quantum data centre in Germany, which should become operational in 2024.

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2023-06-07 13:07:35 EU Specialty Food Ingredients is pleased to support World Food Safety Day, celebrated today in order to inspire action to help prevent, detect and manage foodborne risks and to draw attention to the many aspects of food safety.

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2023-06-07 12:37:55 The European Parliament is debating whether to scrap the idea of “strategic" technologies in a draft EU regulation aimed at promoting industries that will drive the green transition, with some lawmakers calling for a wider approach and others a more focused one.

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2023-06-07 12:02:24 Foreign Direct Investment (FDI) can replace EU funds and is even better, Economic Development Minister Márton Nagy said on Tuesday, adding that price freezes will not be lifted for now and inflation will be down to single-digit figures by the end of 2023.

In an interview with Világgazdaság Tuesday, Nagy spoke of the benefits of FDI over European funds, EURACTIV’s partner Telex.hu reported.

“In terms of impact, FDI is better: the market distributes the capital, we are not the ones to determine it, so it knows exactly what it has to do,” Nagy said. He added that EU funds are an “easily replaceable source” and were not “dominant” for his country’s economy.

Although Hungary is one of the largest net recipients of EU funds, the European Commission decided to freeze almost €22 billion of funds earmarked for Budapest under the 2021-2027 EU budget last December until the 27 ‘super milestones’ to restore the rule of law and fundamental rights are met.

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2023-06-07 11:59:46 Foreign Direct Investment (FDI) can replace EU funds and is even better, Economic Development Minister Márton Nagy said on Tuesday, adding that price freezes will not be lifted for now and inflation will be down to single-digit figures by the end of 2023.

In an interview with Világgazdaság Tuesday, Nagy spoke of the benefits of FDI over European funds, EURACTIV’s partner Telex.hu reported.

“In terms of impact, FDI is better: the market distributes the capital, we are not the ones to determine it, so it knows exactly what it has to do,” Nagy said. He added that EU funds are an “easily replaceable source” and were not “dominant” for his country’s economy.

Although Hungary is one of the largest net recipients of EU funds, the European Commission decided to freeze almost €22 billion of funds earmarked for Budapest under the 2021-2027 EU budget last December until the 27 ‘super milestones’ to restore the rule of law and fundamental rights are met.

By Charles… Open / Comment

2023-06-07 10:43:12 As recent research conclusions and MEP complaints showcase the European Commission’s Regulatory Scrutiny Board's (RSB) alleged bias and lack of transparency within the EU legislative process, the European Ombudsman is set to investigate.

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2023-06-07 10:03:08 After reaching unprecedented highs last summer, energy prices in Europe are now back to pre-war levels for gas and even negative territory in some places for electricity. But don’t be fooled, this is just a slump in what will likely become a seasonal roller coaster ride.

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2023-06-07 09:02:57 In today’s edition of the Capitals, find out more about Germany wanting Brazil to align with democratic states on Ukraine and China, Malta divided about arrest of woman who had an abortion, and so much more.

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2023-06-07 08:57:18 Adherence to labour laws is an ongoing issue in public companies in Albania, according to a recent report by the Department of Audit of Public Companies and Foreign Investments published this week. Throughout 2022, the Department of Audit of Public...

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