News in Brief
Fidesz-KDNP MEPs: Tisza Party voted against Hungary's utility price caps in Brussels
An EP declaration at the UN's climate conference, COP29, called for phasing out household energy subsidies such as Hungary's utility price caps.
Utility Price Reduction
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News in Brief
104,000 families have benefitted from reduced energy bills
The government was committed to maintaining a cap on the price of household utility bills despite all the extraordinary challenges.
News in Brief
FM: Hungary will vote against EC proposal to reform European electricity market
The foreign minister said that due to the war in Ukraine and related sanctions, the situation on the EU energy market was still “rather fragile”, with natural gas prices starting...
News in Brief
Government holds energy price caps until end of 2023
The government reviewed the energy situation and concluded that the price caps could be maintained until end-2023 and even beyond.
Blog
Gergely Gulyás: We need a ceasefire and negotiations as soon as possible because this is the only way to save lives
Following yesterday’s government meeting, Gergely Gulyás, the minister heading Prime Minister Orbán’s office and Alexandra Szentkirályi, spokesperson for the Hungarian government, held a Government Info session on new measures decided upon the day before.
Blog
Busted: Brussels study uses flawed methodology to spread fake news about Hungary
The Brussels-based Bruegel Institute has recently released an updated dataset summarizing European countries' responses to the energy crisis, which has sparked controversy in Hungary.
News in Brief
Household energy bills to remain low until end of April
The energy ministry is focused on ensuring that households continue to benefit from caps on their energy bills while guaranteeing supply security.
News in Brief
Government welcomes Fiscal Council’s approval of draft budget amendments
Gergely Gulyás said the budget earmarks more than 2,600 billion forints (EUR 6.5bn) for keeping household utility bills low.
News in Brief
Government expands household utility price caps
The household utility price caps will be extended to state and local council-owned rental apartment buildings.
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Gulyás: Hungary opposes Brussels climate tax
Gergely Gulyás said energy prices are soaring all across Europe, resulting in a “utility crisis."
Blog
Europe’s on the brink of an energy crisis
As the utility cost reduction program comes under siege from Brussels and Hungary’s unlikely, Gyurcsány-led liberal-far-right coalition, energy prices in Europe continue to surge.
News in Brief
ECJ rules that Hungary’s law on utility fees does not violate EU regulations
The innovation and technology ministry welcomed the ruling “in favor of Hungary in its dispute against the European Commission”.
News in Brief
The government has granted a 12,000 HUF reduction on utility bills in the second quarter of 2018
Pensioners will also receive Erzsébet vouchers worth 10,000 HUF again, and the value of this initiative is some 30 billion HUF