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PM: Reduction in European energy prices must be made within six months

The prime minister said households in Hungary receive the cheapest gas and electricity in all of Europe.

Prime Minister Viktor Orbán said that within half a year, a reduction in European energy prices must be made.

Speaking about an agreement adopted at an informal meeting of EU heads of state and government in Budapest on Friday, Orbán said households in Hungary receive the cheapest gas and electricity in all of Europe, so this agreement will primarily be good for entrepreneurs, who pay very high prices in the same way as European entrepreneurs.

In an interview with TV2 on Sunday, the prime minister added that this is largely down to politicians because the formulas used to set energy prices in Europe have been set up badly.

Orbán pointed to an anti-bureaucratic revolution as a second step in the series of measures. He said that within half a year, the number of rules that clearly hinder free competition and the operation of companies must be radically reduced. He noted a new rule that no new legislation can be created that does not have a competitiveness test.

The prime minister said 2025 would be a fantastic year, things will happen in Hungary that have never happened before. He noted offering subsidised credit for young, blue-collar workers, doubling the tax allowance for families raising children, housing subsidies and the Demjan Sandor Programme to support SMEs.

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