• 22 Nov 2024

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72 result(s) for price cap scheme

People in Hungary Will Still Be Charged Below Market Rate for Energy

People in Hungary Will Still Be Charged Below Market Rate for Energy

Private individuals will be charged below the actual market prices for their gas and electricity consumption even if it exceeds the average level under which a price cap is applied, the government commissioner in charge of Hungary’s utility price cap scheme said at the Băile Tușnad (Tusnádfürdő) Summer University, in central Romania.
Opposition Slams Hungarian Gov't for 'Austerity', 'Threatening Livelihoods'

Opposition Slams Hungarian Gov't for 'Austerity', 'Threatening Livelihoods'

Opposition parties on Wednesday slammed the government’s decision to restrict the utility price protection scheme and change the itemised tax for small businesses (kata), saying the measures spelled austerity and tax raises for millions of people.
To Tackle Energy & Climate Crisis Opposition LMP Tables Green Proposals in Hungary

To Tackle Energy & Climate Crisis Opposition LMP Tables Green Proposals in Hungary

Opposition LMP has put together a package of green proposals aimed at tackling the energy and climate crisis, Máté Kanász-Nagy, the party’s co-leader, announced.
Measures to Keep Household Utility Bills Low in Hungary Officially Announced

Measures to Keep Household Utility Bills Low in Hungary Officially Announced

Detailing the government’s seven-point plan to keep household utility bills low, Gergely Gulyás, the prime minister’s chief of staff, told a regular press briefing that domestic gas production will be increased from an annual 1.5 billion to 2 billion cubic metres.
'State of Energy Emergency' Now Declared

'State of Energy Emergency' Now Declared

Hungary's government has declared a state of energy emergency and has approved measures that will include limiting the caps on household gas and electricity bills to average consumption levels from Aug 1, the prime minister's chief of staff said.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Prime Minister Viktor Orbán’s fifth government was formed as its fourteen ministers took their oaths of office in parliament on Tuesday.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.
People in Hungary Will Still Be Charged Below Market Rate for Energy

People in Hungary Will Still Be Charged Below Market Rate for Energy

Private individuals will be charged below the actual market prices for their gas and electricity consumption even if it exceeds the average level under which a price cap is applied, the government commissioner in charge of Hungary’s utility price cap scheme said at the Băile Tușnad (Tusnádfürdő) Summer University, in central Romania.
Opposition Slams Hungarian Gov't for 'Austerity', 'Threatening Livelihoods'

Opposition Slams Hungarian Gov't for 'Austerity', 'Threatening Livelihoods'

Opposition parties on Wednesday slammed the government’s decision to restrict the utility price protection scheme and change the itemised tax for small businesses (kata), saying the measures spelled austerity and tax raises for millions of people.
To Tackle Energy & Climate Crisis Opposition LMP Tables Green Proposals in Hungary

To Tackle Energy & Climate Crisis Opposition LMP Tables Green Proposals in Hungary

Opposition LMP has put together a package of green proposals aimed at tackling the energy and climate crisis, Máté Kanász-Nagy, the party’s co-leader, announced.
Measures to Keep Household Utility Bills Low in Hungary Officially Announced

Measures to Keep Household Utility Bills Low in Hungary Officially Announced

Detailing the government’s seven-point plan to keep household utility bills low, Gergely Gulyás, the prime minister’s chief of staff, told a regular press briefing that domestic gas production will be increased from an annual 1.5 billion to 2 billion cubic metres.
'State of Energy Emergency' Now Declared

'State of Energy Emergency' Now Declared

Hungary's government has declared a state of energy emergency and has approved measures that will include limiting the caps on household gas and electricity bills to average consumption levels from Aug 1, the prime minister's chief of staff said.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Responsible, 'Feisty' Government Needed, Members Presented by Orbán

Prime Minister Viktor Orbán’s fifth government was formed as its fourteen ministers took their oaths of office in parliament on Tuesday.
Hungary Central Bank Raises Base Rate 50 Basis Points

Hungary Central Bank Raises Base Rate 50 Basis Points

Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.