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DNH 2021 DNH 2021 · 28/04/2022
· Business

Government to access EU recovery money soon?

European Union Hungarian economy Hungarian government Hungary money

Hungary’s government is under pressure to let prices rise, the prime minister’s chief of staff, Gergely Gulyás said on today’s government info. He added that the government would continue to review the feasibility of prolonging the price caps as long as it could and as long as the country’s oil and gas supplies were secure.

In the current situation, the government has to prioritise the protection of families over market logic, Gulyás said.

He said it was western

European, US and Arab oil companies that were profiting off of the soaring prices in western Europe.

They are the real winners of the war because while the costs of oil extraction have not changed, prices have skyrocketed, Gulyas argued.

Meanwhile, Gulyás said the government had reviewed the European Commission’s letter activating the so-called conditionality mechanism linking European Union funding to the rule of law, and saw no obstacles to signing the agreement on the bloc’s Recovery and Resilient Facility (RRF) funding.

  • Read also: Minister acknowledged: they received EC letter about activating the rule of law mechanism

Gulyás said there were certain areas on which the government would not compromise, which he said was an obligation dictated by the outcome of the recent parliamentary election. Those issues

include the aim for Hungary to stay out of the war in Ukraine,

its decision not to send weapons or soldiers to its north-eastern neighbour and the position that Hungary will not allow the Hungarian people to be made to pay the price of war, he said.

In connection with the EC’s letter, Gulyás said the issues it raised were all issues that “we have been negotiating with the Commission for months”. “There is no point where we don’t have a shared position, or where we wouldn’t have found an acceptable solution,” Gulyás said. 

He also noted that Wednesday’s cabinet meeting had been the last one before the current government’s mandate expires following the inaugural meeting of the new parliament convened for May 2. Until the new government is sworn in, the current one will continue as a caretaker government, he noted.

eu building flags
Read alsoHungary to lose significant EU funding?

European Union Hungarian economy Hungarian government Hungary money
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4 Comments

  1. Forest Gump says:
    29/04/2022 at 02:10

    Dear DNH, try quoting from a reliable source such as Reuters and provide a balanced view. Read this – from a respectable news portal.

    “The issues raised in the letter are all issues that we have been negotiating about for months with the Commission,” Gulyas said. “There is no point where we don’t have a shared position, or where we wouldn’t have found an acceptable solution.”

    The EU executive disagreed.’

    https://www.reuters.com/world/europe/hungary-says-no-obstacles-signing-agreement-eu-recovery-funds-2022-04-28/?taid=626a78670e82b80001a23031&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

  2. Eleonora Jobst says:
    29/04/2022 at 09:15

    Dear Forest Gump, thanks for the suggestion, we will consider it in the future. We receive the news from MTI (Hungarian Telegraphic Office) which is a reliable source.

  3. Levente says:
    29/04/2022 at 10:46

    MTI is not what is considered ‘independent’ nor is it considered unbiased. It is very selective in what news it chooses to use and how it is presented. Propaganda, in other words.

  4. Concerned - Troubled : says:
    01/05/2022 at 19:39

    The “Ray of Hope” – the Chief of Staff of the Prime Ministers Office – Gergeley Gulyas “talks the talk” – AGAIN, is again “Veiled” – in Factuality.
    What is FACT occuring in the Economic & Financial position of Hungary, is an Economy, that ALL the Major componentry used to analysis – the performance of a countrys Economy – it’s Economic & Financial outlook – present, short & immediate then long term, that the Economy of Hungary, continues in a STRONG downward TREND.

    Gergeley Gulyas – is a formulaic Fidesz Party member – that in answers he gives, especially relating to the Economic & Financial position of Hungary – always – take a set form of words, that are “veiled” and do not represent, the REAL position, that the Economy of Hungary – finds it-self Strongly CHALLENGED and trending downwards into a Worsening position.

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