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Péter Magyar: The August Budget Deficit Is Expected to Be Exceptionally High, but EU Funds Will Arrive in the Fall

Summary by 444.hu
He also announced that the price of firewood would be frozen, that a decision had been made regarding casino concessions, and that a complete overhaul of the tobacco concession would also be launched.

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He also announced that the price of firewood would be frozen, that a decision had been made regarding casino concessions, and that a complete overhaul of the tobacco concession would also be launched.

·Hungary
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Péter Magyar would nationalize the retail sale of tobacco products – it was revealed in the Minister of Foreign Affairs' response to HVG. The post Péter Magyar would nationalize tobacco shops first appeared on 24.hu.

·Budapest, Hungary
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The Tisza government also discussed budget and child protection issues, and Prime Minister Péter Magyar will provide information about the decisions. Follow our minute-by-minute coverage!

·Hungary
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He also outlined several government decisions in headlines, but details will have to wait until the afternoon.

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According to Péter Magyar, the budget deficit in August could be exceptionally high, as the government had to pre-finance necessary expenditures in several areas. However, with the arrival of EU funds, the deficit could return to the planned downward path.

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According to Péter Magyar, the government has fulfilled all the conditions for drawing down around 6,000 billion forints of EU funds, so significant amounts may arrive in Hungary in the fall. The Prime Minister spoke about the EU funds in a video released before his planned meeting with President András Baka, and also presented several recent government decisions: the waste management system will be completely revised, child protection may recei…

·Budapest, Hungary
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444.hu broke the news in Hungary on Thursday, September 3, 2026.
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