Hungary to Extend Fuel Price Cap Beyond April 3 Vote, Orban Says

BUDAPEST (Reuters) – Hungary’s authorities has determined to increase a cap on gas costs for an additional three months past its expiry due on Tuesday, Prime Minister Viktor Orban stated in his annual state of the nation speech on Saturday.

“The value cap has labored, subsequently we’re extending this for an additional three months,” Orban stated. Meaning a rule capping retail gas costs at 480 forints ($1.53) per litre can be in place till Could 15, after a parliamentary election due on April 3.

(Reporting by Gergely Szakacs; Modifying by Andrew Heavens)

Political Cartoons on World Leaders

Copyright 2022 Thomson Reuters.

Leave a Comment