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energy prices

Prime Minister Orbán Highlights Hungary’s Growing Diplomatic Influence

Prime Minister Viktor Orbán highlighted Hungary’s diplomatic rise after hosting two landmark summits, marking Budapest as a key player in European diplomacy. Orbán shared insights into Hungary’s renewed ties with the United States under President Trump, Hungary’s economic agenda, and…
A large solar farm is producing ecological electricity from the sun in Bogacs, Hungary, on November 9, 2023.

Both Green Dreams and Real Needs Pose Challenges for Energy Future

‘While the exponential growth of AI heightens immediate concerns about meeting energy demand, green energy ambitions must be evaluated through the lens of feasibility, affordability, and reliability…Because demand is ever-increasing, policy makers must take a pragmatic approach, encouraging supply and…

Government Protects Hungarian Families with Utility Cost Reductions Amidst Rising Energy Prices

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…

Paks Nuclear Plant Expansion Achieves Critical Milestones

Crucial milestones regarding the expansion of the nuclear plant in Paks are the construction of the containment structure and the reactor vessel, of which the former has been completed, while the manufacturing of the latter is set to commence shortly….

Hungarian Citizens Continue to Pay the Lowest Utility Fees in the EU

Speaking at the opening of an MVM customer service office in Nagykáta, Pest County, Zsófia Koncz emphasized that since 2013, the government has considered keeping the utility cost reduction programme in place a top priority….

International Collaboration Marks Progress in Paks Nuclear Construction

During a joint press conference with Alexey Likhachev, the head of the Russian nuclear energy company Rosatom, Péter Szijjártó welcomed the start of the construction of new reactors in Paks. He pointed out that the expansion is currently the largest…

Paks Nuclear Plant Expansion Adheres to Stringent Safety and Environmental Standards

According to the ministry’s statement, Foreign Minister Szijjártó minister reported on the progress of the Paks project during a hearing of the Sustainable Development Committee of the National Assembly, welcoming the fact that the visible phase of the project is…

Government Commissioner Szilárd Németh Takes Firm Stand on Utility Cost Reduction and Universal Service

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….

Hungarians Still Pays the Lowest Electricity and Gas Prices in the European Union

Despite the sanctions and the war driving up energy prices, the Hungarian measures to combat inflation and price increases are undeniably working. While EU countries scramble to look for new avenues to import electricity and gas, the Hungarian plans and…

Child Poverty Reduction: Hungary Leads the Way

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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