Europeans Could Face a ‘Really Tough Winter’
European consumers may face the prospect of energy rationing in the winter, Shell chief executive Ben van Beurden has warned.
European consumers may face the prospect of energy rationing in the winter, Shell chief executive Ben van Beurden has warned.
A survey by the Nézőpont Institute and Hungary’s public media found that 74 per cent of respondents support the 13th-month pension, and two-thirds consider the utility price cap a responsible government decision.
Millions of Hungarian families are set to receive higher wages with their January pay packets as new government measures take effect, including expanded family tax allowances, salary increases for teachers, and income tax exemptions for mothers raising two children, government officials said at a recent briefing.
Hungary will initiate legal proceedings against the EU’s REPowerEU regulation, arguing that it unlawfully threatens access to affordable energy and circumvents EU decision-making rules, the minister for EU affairs said on Monday.
BioTech USA has created 100 new jobs through a 9.5 billion forint investment programme, including a new robotized production plant in Szada, Foreign Minister Péter Szijjártó said on Wednesday.
Hungary’s finances remain stable and well-managed, according to the Ministry for National Economy, which reported a better-than-expected deficit and rising tax revenues, allowing the government to continue supporting families, pensioners, and businesses.
Hungary will build a new oil pipeline with Serbia by 2027 to protect low household utility costs and ensure energy security, Foreign Minister Péter Szijjártó announced, sharply criticizing Brussels for undermining access to affordable energy.
Prime Minister Viktor Orbán unveiled an ambitious, anti-war 2026 budget plan focused on protecting Hungarian families, pledging massive spending on pensions, family assistance, and energy price reductions, while introducing further steps to rein in inflation and regulate retail pricing.
Hungary is safeguarding families and businesses from surging energy prices caused by the EU–Russia disconnect by expanding renewable energy capacity and supporting industrial investment, Foreign Minister Péter Szijjártó said at a Nestlé solar plant opening.
Prime Minister Viktor Orbán criticized the EU’s war posture in a recent radio interview on public Kossuth Radio, reaffirming Hungary’s stance against participating in the Ukrainian war efforts. He also called for peace negotiations and discussed Hungary’s distinct approach to migration, economic policies, and EU relations.