The New Diesel Subsidy Is Here in Hungary - but Not in the Way Many Would Think
13 Articles
13 Articles
Péter Magyar announced the details of targeted support against high diesel prices. The Prime Minister previously stressed that reinstating the protected price system would be irresponsible, as it would lead to shortages of goods and cost more than 50 billion forints per month. The newly announced scheme suggests that the government is prioritizing security of supply and preserving budgetary room for maneuver, and is trying to cushion the impact …
No price caps, but subsidies for diesel drivers: Hungary's Prime Minister Peter Magyar wants to intervene in the face of "unexplained diesel shortages".
Péter Magyar announced on his social media page that, based on the government's decision, owners of diesel cars will receive direct support due to the increased fuel costs.
According to Péter Magyar's announcement, owners of diesel cars with less than 150 horsepower will receive a monthly subsidy of five thousand forints from September to December, or a total of twenty thousand forints. Independent researchers say the direction is good, but they believe there may be some kind of backdoor deal behind the measure. Meanwhile, MOL has not commented on the prices.
Until December, owners of diesel cars with a maximum power of 150 horsepower will receive a total of 20,000 forints in compensation, the Prime Minister announced on his Facebook page on Friday afternoon. Péter Magyar wrote that direct and effective support will be provided to the owners of almost one million diesel cars and their families. He explained that an average family refuels once a month, and due to the increased world market prices, the…
One million motorists will receive a diesel subsidy based on the government's decision. Owners of diesel cars with a maximum of 150 horsepower will automatically receive the amount.
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