EC to review rental of state-owned farmland in Hungary

EU

The European Commission has launched a review of the manner in which rental contracts for state-owned farmland are awarded in Hungary to assess whether these processes are in compliance with European Union law, online daily Napi Gazdaság reported on Saturday.

 According to the daily, sources in Brussels said that the probe is still in the early stages. The EC is investigating the matter and a formal infringement procedure has not yet been confirmed, the daily noted. EC sources also said they had received complaints alleging the tenders are in violation of the rights of parties who have signed preliminary rental agreements for the land.

The EC will also assess whether the tenders discriminate against farmers from other European Union member states, they added. Hungaryʼs Agriculture Ministry said it had not yet received any official notification from Brussels regarding the matter.

The Hungarian government announced its intention two years ago to rent approximately 200,000 hectares of state-owned land to small, family-owned farms. The aim of the initiative was to increase the proportion of family farms from 50% to 80%.

ADVERTISEMENT

Pandemic has only moderate impact on big companies Analysis

Pandemic has only moderate impact on big companies

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.