The measure aims to prevent unjustified price increases by requiring businesses with profit margins exceeding 10 percent to reduce prices, while those below this threshold will not be allowed to raise them. Minister Gulyás emphasized that the government does not intend to create conflict with the retail sector but is prepared to take further action if necessary.
He noted that similar measures have already been implemented in Macedonia, Greece, and Romania, while Croatia has introduced even stricter regulations. The government hopes that additional interventions will not be required, but Minister Gulyás warned that any attempts to circumvent the rules will prompt immediate action.
Addressing the Russia-Ukraine conflict, Minister Gulyás highlighted that the ceasefire agreement now accepted by Ukraine and the European Commission closely resembles the proposal made by Prime Minister Viktor Orbán last summer. He argued that had this decision been made earlier, many lives could have been saved. He also criticized the European Commission’s decision to continue arms shipments to Ukraine, calling it incomprehensible.
Furthermore, Minister Gulyás expressed concerns over Ukraine’s EU accession process, stating that it is being politically fast-tracked while Western Balkan nations have been waiting for years. He warned that Ukraine’s rapid integration could lead to serious economic consequences, including risks to agriculture, food security, employment, and the pension system. He reaffirmed Hungary’s position that EU membership should be granted based on merit rather than political pressure.
The briefing also included announcements on family support policies. Government Spokesperson Eszter Vitályos confirmed that from January 1, 2026, women under 30 with one child will be exempt from personal income tax. She emphasized that this measure follows previous tax cuts and will significantly increase the disposable income of families with children. Under the new scheme, two-child families will retain HUF 189,000 per month instead of the current HUF 40,000.
Spokesperson Vitályos also announced that applications are now open for the home renovation program designed for elderly residents in villages with fewer than 5,000 inhabitants.
With these measures, the government aims to stabilize prices, support families, and uphold its position on key international issues while remaining prepared to take further action if necessary.