Tag

european commission

Total war on Ukrainian grain
business

Total war on Ukrainian grain

Poland put an end to unlimited Ukrainian grain imports, followed by Slovakia, Hungary, and Bulgaria, as Romania also made restrictions. Kyiv is fighting while the European Commission is just watching. Analysis from Hype&Hyper. We wrote just a week ago about how unlimited imports of Ukrainian grain are destroying farmers
Cheap Ukrainian grain destroys Central Europe
business

Cheap Ukrainian grain destroys Central Europe

The massive imports of Ukrainian grain and its economic consequences are causing turmoil among Central and Eastern Europe’s farmers in the past few months. The problems even affect Polish politics: Henryk Kowalczyk, Poland’s Minister of Agriculture and Rural Development, resigned on 5 April amid growing protests and the
Croatia: goodbye to border control, hello to euro
business

Croatia: goodbye to border control, hello to euro

1 January 2023 has not been just another New Year’s Day for Croatia: the Western Balkan country joined the Schengen Area, and the Croatian kuna has been replaced by the euro. But what do the forward-looking developments mean in practice? The Schengen Area membership means significant freedom to the
Are the eastern EU Member States catching up or lagging behind?
business

Are the eastern EU Member States catching up or lagging behind?

The European Commission published its 8th report on economic, social, and territorial cohesion. Published every three years, the report reveals how disparities between European countries have changed between the millennium and the pandemic and shows in which areas did the different regions catch up or lag behind. Analysis from Hype&
The cost of energy independence
business

The cost of energy independence

„Moscow last year earned $50 billion from oil and gas supplies to the EU. And this year, due to the increased prices, the Russian revenues will reach $40 billion already in the coming days,” says energy expert Olivér Hortay. At what cost can Europe cut oil and gas imports from
From Messenger to WhatsApp? | EU would curb the power of tech giants
business

From Messenger to WhatsApp? | EU would curb the power of tech giants

The European Parliament and the Council have reached an agreement on the Digital Markets Act, aiming to regulate gatekeepers, companies with significant economic power in EU countries, such as Google, Amazon, Facebook, and Apple. Due to the regulation, we can say goodbye to annoying and undeletable default apps, and we
Europe will be the first climate-neutral continent
news

Europe will be the first climate-neutral continent

The European Commission’s legislative package called Fit for 55, published yesterday, aims to achieve a 55% reduction compared to 1990 greenhouse gas emissions by 2030. This reduction in emissions is essential for Europe to be the first climate-neutral, emission-free continent by 2050. “The fossil fuel economy has reached its