• Home
• Channel: Current Affairs
• "Budapest Incapable of Covering Rising Energy Costs", Says City Councillor

"Budapest Incapable of Covering Rising Energy Costs", Says City Councillor

• 29 Sep 2022 7:01 AM
• Hungary Matters

The rise in the price of electricity is costing the Budapest city council an additional 200 billion forints (EUR 490.7m), Socialist city councillor Csaba Horváth said.

Speaking to reporters ahead of a meeting of the City Assembly, Horváth called on the government to compensate Budapest transport company BKV for its rising energy costs.

Budapest is incapable of covering its rising energy costs on its own, he said, adding that like national railway company MÁV, BKV should also receive state support.

Horváth noted that Budapest residents pay 20 billion-25 billion forints in taxes each day.
 

MTI Photo: Szilárd Koszticsák

Related links

Decorative Lighting in Budapest will be Switched Off Earlier to Save Energy

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Rising Electricity Prices Budapest Transport Company

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

Did Hungarian Lawmaker Request Bribe of 40 Million Forints - Or is this a “Show Trial”?

• 11 Apr 2024 5:49 AM

Parliament suspended the immunity of Socialist lawmaker Zsolt Molnár over ongoing investigations of graft and trade in influence.



Budapest Republic: Capital of Hungary is a 'Republic Ruled by Budapesters', Says Mayor

• 18 Mar 2024 5:02 AM

Budapest is a republic ruled by Budapest citizens, Budapest Mayor Gergely Karácsoy said on Friday, marking the anniversary of the 1848-49 revolution and freedom fight.



Hungary Aims to Boost Cooperation With Iran, Foreign Minister Szijjártó Declares in Tehran

• 23 Feb 2024 6:58 AM

Hungary and Iran both have an interest in developing economic cooperation in sectors not subject to sanctions, such as the pharmaceutical industry, the health and food industries and water management, Foreign Minister Péter Szijjártó said in Tehran.



How Whistle-Blowers Help Journalists in Central Eastern Europe & How They Are Protected

• 27 Nov 2023 6:44 AM

A few weeks ago, the firing of a department head at Corvinus University of Budapest caused a stir in Hungary: the professor had previously reported and initiated an ethics investigation regarding an influential family’s child finishing the semester in spite of not fulfilling the semester requirements.