Govʼt to boost support for beekeepers by 25%

Parliament

Hungaryʼs government will raise support for beekeepers by 25% from next year, Agriculture Minister István Nagy told a national apiculture convention in Gödollő, on the outskirts of Budapest, according to a report by state news wire MTI.

Nagy said a pollination subsidy, introduced this year, would be doubled from next year to HUF 1,000 per hive. Total subsidies for beekeepers will climb to just under HUF 1 billion, he added.

Filling beekeepersʼ ranks is becoming more difficult as the professionʼs profitability declines, he said. Honey output has been halved to just 15,000 tonnes a year, but an even bigger problem is the impact the declining number of hives has on pollination which has a broad impact on the national economy, he added.

As the Budapest Business Journal reported last week, some 13 EU member states announced their support of a package put forward by Hungary to support the EUʼs beekeepers as well as tighten restrictions on cheap, adulterated honey from Asia.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Poland Retail Sales Growth Stable in March Retail

Poland Retail Sales Growth Stable in March

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.