PM Orbán promises 222 EUR for each pensioner before the 2022 elections

Change language:

Pension premiums to be paid out in November will come to 80,000 forints (EUR 222), Prime Minister Viktor Orbán told public broadcaster Kossuth Rádió on Friday morning.

In view of the Hungarian economy’s performance, the government decided to pay that amount also to the 435,000 pensioners who wouldn’t be eligible under the pensions act, Orbán said. Meanwhile, inflation was higher than expected this year, he noted. Orbán said only half of pension compensations to offset inflation had been paid by July 1, with the second half also due in November, which will bring the one-off supplement for certain pensioners to as much a 100,000 forints (280 EUR).

That is because

the Hungarian economy is recovering quicker than expected before after the coronavirus crisis.

Hungary’s export growth slowed to an annual 10.6 percent in July to 9.5 billion euros, the Central Statistical Office (KSH) said on Friday.  The pace of growth was halved from June, KSH said in a second reading of data. Automotive industry output fell due to shutdowns because of supply chain interruptions, KSH said. Imports climbed 15.5 percent to 9.8 billion euros, giving Hungary a rare trade deficit of 210 million euros, KSH said.
Continue reading

2 Comments

  1. I just read that families with 3 children or more will get 40 million in grants, so why the discrimination?

    If families gets so much election bribe then pensioners deserves the same bribe!

    stop the bribe discrimination now!

Leave a Reply

Your email address will not be published. Required fields are marked *