In absolute terms, gross value added per hectare on Hungarian farms reached EUR 607 last year, over the EUR 527 average for new EU member states, but under the EUR 1,145 average for the EU-15, Nagy wrote, citing data from Eurostat.
The Eurostat data show that gross value added per hectare on farms in the Czech Republic reached EUR 379 last year, while the comparable figure was HUF 623 for Poland and EUR 185 for Slovakia.
“One of the most important goals of the Agriculture Ministry is increasing further the competitiveness of the farm sector. To achieve that, the ministry is using all of the policy tools at its disposal,” Nagy wrote.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
