Report: Government could require shops to sell 60% Hungarian products
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The Hungarian government could require the stock of bigger retail stores to comprise 60% Hungarian products for such items as apples and dairy products to start, Hungarian daily Népszabadság reported today citing unnamed sources.
The paper said that the government’s chief aim with the move could be to soothe angered Hungarian apple growers and dairy farmers, as the former group has lost access to a huge market following the embargo against Russia, while the latter group is not able to compete with cheap products arriving from abroad.
The paper noted that EU authorities may question the measure with the justification that it hurts competition in the region, as such, local government is expected to consult with consumer and environmental protection groups prior to imposing the measure.
According to the paperʼs sources, the government has not yet negotiated with market players on the plans.
The paper reported that the Hungarian government could continue to tax multinationals in the country, adding that the supervisory fee was suspended by Brussels last year. According to the paper, the government is paying close attention to Poland, where the government is trying to get Brussels to approve a less radical tax for multinationals.
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