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Hungarian Government Info Session Returns with Key Decisions and Announcements

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Safak Costu
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Hungarian Government Info Session Returns with Key Decisions and Announcements

In a much-anticipated return after several weeks of absence, the Hungarian Government Info session, led by Gergely Gulyás, Minister in charge of the Prime Minister's Office, and government spokesperson Alexandra Szentkirályi, convened on Thursday afternoon. The briefing, aptly titled 'What and why the government does,' covered a myriad of topics from Hungary's migration policies and the Romanian navy's action within Frontex to domestic issues such as youth Fidesz celebrations and potential government takeovers of improving companies.

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Decisions on EU Budget Amendments and Ukraine's EU Accession

In the aftermath of the meeting, Gulyás unveiled key decisions and positions held by the Hungarian Government. He criticised the European Commission for attempting to amend the EU budget without proper execution and highlighted the double standards applied to Balkan countries regarding EU accession. Speaking on Ukraine's EU accession, Gulyás deemed it unprepared and lacking impact assessments, asserting that Hungary cannot contribute to a common decision on these matters without proper studies or public disclosure of opinions.

Financial Relief Measures Extended

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The minister announced the extension of interest rate caps for small and medium-sized enterprises until April 1st, 2023, and for household interest rate caps until July 1st, 2023. These measures are expected to benefit over 300,000 families. Additionally, the student loan interest rate freeze has been extended, providing some financial relief to students amid challenging economic times.

Green Energy and Solar Panel Subsidies

Reflecting on the future of the Hungarian economy, Gulyás announced solar panel subsidies for businesses, emphasising the government's commitment to green energy. This move aligns with a global shift towards sustainable practices in business operations and could stimulate both economic growth and environmental conservation.

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Domestic Issues and Migration Policies

Domestic issues raised by journalists were addressed, including an investigation into an alleged falsification of a fundraising campaign, criticism of foreign campaign support and the absurdity in discussing legal proceedings before laws are passed. Gulyás also discussed the government's stance on migration in light of recent attacks in Ireland and France.

Continuation of Interest Rate Freeze

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Gulyás confirmed the continuation of the interest rate freeze, countering banks' letters suggesting the contrary. He also addressed hospital and educational district debts, indicating that investigations into the causes and measures to pay off these debts are underway.

Excise Tax as Source for Energy Protection Fund

Lastly, Gulyás hinted at the potential use of excise tax as a source for next year's energy protection fund, sparking speculations of an increase in fuel taxes. This move could potentially pave the way for more funds dedicated to energy conservation and protection efforts.

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