Despite the challenges of wartime conditions, the government has maintained its utility cost reduction programme, successfully protecting Hungarian families against Brussels’ war-supporting and misguided sanctions policy. This has resulted in Hungarian households paying the lowest prices of electricity and gas in Europe, government commissioner Szilárd Németh shared at a press conference on Monday.
From 1 August 2024, MVM will automatically adjust and record the amount of discounted natural gas at the reduced utility price for each day in the case of temperature-dependent monthly billing.
In an interview with public media Minister of Energy Csaba Lantos informed that the recently concluded China-Hungary bilateral agreements cover, among others, nuclear research and development, training cooperation, expanding the electric vehicle charging network, and examining the possibility of creating a critically important connection between the Hungarian and Serbian oil pipeline systems.
Németh recalled that since the introduction of utility cost reduction in 2013, Brussels has consistently and aggressively pushed for its termination, even though the programme has resulted in Hungarians paying the lowest household energy bills in Europe.
The 22.4 percentage point reduction in child poverty between 2014 and 2021 in Hungary, which is also an EU record, is clearly due to employment growth, and primarily to the growth of the employment of women with children.
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