• Home
• Channel: Current Affairs
• Update: MPs Vote to Drastically Cut their Own Salaries in Hungary

Update: MPs Vote to Drastically Cut their Own Salaries in Hungary

• 10 Jun 2026 7:50 AM
• Hungary Around the Clock

At the Tisza Party’s proposal, Parliament voted unanimously on Monday to reduce MPs’ salaries.

The Tisza Party pushed through the amendment motion in Parliament in just over a week. The preamble to the bill said the current gross average salaries are unfair and have completely broken away from the real financial status of most of Hungarian society.

The aim of the motion is that the allowances of politicians should better reflect economic realities and end the privileged wage rise in the public sphere.

The gross monthly salary will decrease from the current Ft 2.1 million to Ft 1.3 million but may be topped up for holders of various parliamentary positions and committee places.

Magyar: Cutting MPs' salaries could save HUF 50 bn over four years

At least 50 billion forints (EUR 140.4m) can be saved over four years by reducing lawmakers’ salaries and monthly expense allowances, Pime Minister Peter Magyar told commercial news channel ATV in an interview on Tuesday.

Magyar welcomed that parliament had unanimously approved the proposal aimed at cost reduction.

He said the opposition was not used to proposals that were "well-intentioned and serve the interests of the Hungarian people".

He added that the question was rather "why they have not taken steps to reduce lawmakers’ salaries until now".

"There used to be an astonishing waste of money," he said.

MTI Stock Photo

*********************************************************************************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 

Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Showcase Your Business to Expats in the Loop:

As an independent portal we’re grateful to all commercial supporters who help keep you in the loop with fresh insights and inspiration. Do you want your business to reach tens of thousands of potential high-value expat customers? If so please contact us here.

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

• Member of Parliament Salary

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Paperwork to Cost More than Teachers in Hungary Get After Pay Hike?

• 29 Jun 2026 12:40 PM

The Christian Democratic People's Party (KDNP) parliamentary group leader criticised the government's teacher pay rise on Sunday, highlighting the gap between its 25 percent campaign promise and the 0.4 percent reality -- an average increase of 3,000 forints (EUR 8.5).



New Interview: Hungary's President Vows Legal Manoeuvres to Resist His Removal

• 22 Jun 2026 12:24 PM

President Tamas Sulyok told Brussels-based news outlet Politico in an interview on Saturday that he would fight to stay in office, resorting to a series of legal manoeuvres, and accused Prime Minister Peter Magyar of plotting a takeover of state institutions that would give him a more absolute grip on power than former Prime Minister Viktor Orban had.



Update: Sulyok 'Ruined Presidency' in Hungary, Says Magyar - Successor to be Elected by Parl't

• 2 Jun 2026 7:53 AM

"Tamás Sulyok has destroyed the institution of the president of the republic," Prime Minister Peter Magyar said in an interview to news portal Telex on Monday evening.



Updated: EU to Unlock Over Euro 15 Billion for Hungary

• 1 Jun 2026 10:39 AM

"We have agreed with the President of the European Commission on the release of 16.4 billion euros, approximately 6,000 billion forints, in EU funds," Prime Minister Peter Magyar announced in Brussels on Friday.