DK pledges steeper pension hikes
Hungary’s 5.1 percent inflation rate is the highest in Europe, Gergely Arato told an online press conference. The EU average is 2.3 percent, he said.
Experts have attributed Hungary’s record inflation to bad government decisions and a mistaken policy of the central bank, Arato said.
Changes to the pension system will cause pensions to lose their value further, pushing more and more people into destitution, he warned. Already hundredfold differences between large and small pensions are set to grow even wider, he said.