Hungary won the recipient

Hungary won the recipient

! ️🇭🇺What is it: it has decreased for 7 years, it has not become more expensive since then, and it benefits all Hungarians, all companies and all state institutions living in Hungary? Yes, the price of the overhead!

In this article, we explained in detail what this means of overhead reduction means for an average family of 4 members: saving nearly 584 thousand forints in 7 years. If we take into account that if the left were to rule during this period and raise prices at the previous pace, our family would be roughly 1.5 million forints higher today than it could be if Viktor Orbán's government did not rule Hungary today.

And the latest news: Hungary has won the recipient

The Overhead Reduction will remain, so together with the favorable taxation, the Hungarian economy will continue to be attractive to investors, as the price of natural gas and electricity is one of the cheapest in Hungary.

Hungary does not violate EU law by excluding the inclusion of the costs of the special tax on financial networks and financial transaction fees in system usage fees, as the EU regulation does not provide for this - according to a recent judgment of the European Court of Justice (ECJ). procedure. The case came before the panel because the European Commission considered that the regulation violated EU law and therefore initiated infringement proceedings. With the verdict, Hungary won the discussion with the committee over the years and defended the results of the overhead reduction, the Ministry of Innovation and Technology (ITM) emphasized in its evaluation sent to our paper. They added:

the court confirmed by its decision that Hungary can decide on the issue within the competence of a member state, so the overhead reduction is not in conflict with EU law.

The judgment also states that an effective remedy must be available in connection with the decisions of the Hungarian Energy and Utilities Regulatory Authority setting system usage fees. In light of this, Hungary is ready to amend the legislation.

ITM stressed that the government remains committed to protecting the results of overhead cuts, which is also an important element of its climate and nature conservation action plan announced in January this year, so that the population can use cheap, innovative energy.

From Hungary's point of view, the transition of the countries of the Western Balkans to a sustainable economy is also a key issue. Oliver Várhelyi, Commissioner for Neighborhood Policy and Enlargement, agreed with Péter Kaderják, Secretary of State for Energy and Climate Policy at ITM. Politicians have identified several links between the EC's economic and investment plan and the climate protection program of the Western Balkans Green Center, coordinated by the ITM. The latter by preparing projects

it can significantly increase the volume of feasible investments ready for financing, thus helping the region's climate protection efforts and EU integration, which is also of strategic interest to Hungary.

Olivér Várhelyi emphasized that in the period between 2021 and 2027, increased financial resources will be available for the development of the Western Balkans region compared to the previous period.

Péter Kaderják said that more than one and a half billion forints of support is available in the Western Balkans Green Center program in two years, thus improving the international competitiveness of domestic companies interested in the green economy.

Hungary's climate protection goals remain unchanged: by 2030, the energy produced in Hungary will be ninety percent carbon-free, and by 2050 we can become a climate-neutral country without jeopardizing economic growth and burdening Hungarian families.


Tags: Economy  Living