Bill Would 'Drastically' Devalue Farmland, Says Hungarian Opposition

  • 26 Nov 2018 9:09 AM
  • Hungary Matters
Bill Would 'Drastically' Devalue Farmland, Says Hungarian Opposition
Bills submitted to parliament recently that would amend laws on competitiveness in the agriculture sector and the sale of farmland would drastically devalue the assets of some 1.5 million landowners, a Socialist Party leader told a press conference over the weekend.

The amendments would allow the National Agriculture Chamber, rather than the ministry, to decide on fundamental matters, Gábor Harangozó said. The government wants to give the right to determine who can purchase farmland, and under what conditions, to the chamber which is “controlled by Fidesz’s people” everywhere, he said.

The amendments would also eliminate the right of judicial appeal against decisions taken by the chamber, he added.

According to the bill, local chambers would take decisions based on criteria that are so subjective they cannot even be inscribed in an itemised manner in the law, Harangozó said. If the bill is passed, the market price for farmland will no longer matter, he said.

They want to make the land’s yield potential the sole basis for its value, regardless if the parcel is near Budapest or in Borsod-Abaúj-Zemplén County, in underdeveloped eastern Hungary, he added.

Harangozó said he had asked the bill’s authors to withdraw the proposed legislation. If they fail to do so and the bills are approved, the Socialists will initiate a probe as they violate the constitution on a number of points, he added.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

  • Magyar Tops Orbán in Latest Poll

    Magyar Tops Orbán in Latest Poll

    • 2 Mar 2026 6:47 AM

    Some 45% of Hungarians would prefer Péter Magyar as prime minister over Viktor Orbán, while 37% would favour the incumbent and 18% could not choose between the two, according to the results of a survey conducted by the Republikon Institute on February 12 -17.

  • 'Peace March' in Budapest on 15 March

    'Peace March' in Budapest on 15 March

    • 18 Feb 2026 5:11 AM

    The pro-government Civil Union Forum (CÖF) and its associated Civil Union Foundation (CÖKA) have officially announced a "Peace March" (Békemenet) to be held on the March 15 national holiday. The organization’s leader, László Csizmadia, confirmed on Tuesday that the police have been notified of the plans for the demonstration, which traditionally draws hundreds of thousands of supporters of the Orbán administration.