Government-close think-tank: Europeans in trouble heating their homes, Hungarians helped by government

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On average every fourth household in the European Union faces difficulties with heating and unpaid utility bills, while Hungary is ranked second in the EU in the former category and third in the latter thanks to the government’s scheme capping household energy prices, according to a survey published by the Századvég Foundation on Friday.

Soaring energy prices resulting from the growing tension in trade between Russia and Europe have posed serious challenges in EU countries, Századvég said, citing data from its Europe-wide survey conducted from Oct. 13 to Dec. 7 as well as Eurostat figures. Countries have implemented various measures to prevent a price explosion in retail tariffs but their effectiveness varies greatly, it added.

According to Századvég, Hungary’s price-cap scheme, involving centrally regulated tariffs, offers the greatest protection to consumers. The company’s survey dubbed Europe Project showed that 26 percent of Europeans, or over 100 million people, were unable to properly heat their homes.

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One comment

  1. What the monkey nuts Hungarians are in the same boat and do not earn an eu wage..and yet yes there are caps on gas and eletric billls here in mighty Hungary but people still find it difficult to pay pay bills or for food..27% vat is on all.
    What this goverment is doing is creating a new EU, world, according to Orban Viktor of which I do not prescribe to.. filthiest country in the EU.
    Yet I carry on struggling..sorry..

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