• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
LMP To Ask President Not To Sign Law On Paks LoanLMP To Ask President Not To Sign Law On Paks LoanLMP To Ask President Not To Sign Law On Paks LoanLMP To Ask President Not To Sign Law On Paks Loan
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Daily News Daily News · 23/06/2014
· Politics

LMP To Ask President Not To Sign Law On Paks Loan

environment LMP

Budapest, June 23 (MTI) – If parliament approves the bill on a loan with Russia for the expansion of the Paks nuclear plant in a final vote on Monday, the opposition LMP party will ask President Janos Ader not to sign the law, the party’s co-chair, told a press conference today.

If the president signs the law, the party will ask the ombudsman to appeal to the Constitutional Court, Bernadett Szel said.

The vote is scheduled to take place at an extraordinary session in the afternoon. In line with economy minister Mihaly Varga’s proposal, Hungary would take out a state loan of maximum 10 billion euros from Russia for the project.

Szel said the government wants to take out one of the biggest foreign currency loans in Hungary’s history that involves high exchange rate risk.

The project, which includes adding two new blocks to the existing four at the Paks plant in central Hungary under a contract concluded with Russia in January, is absolutely non-transparent, Szel added.

The expansion will not help reduce Hungary’s energy dependence and, contrary to promises, it will result an electricity price increase, she said.

Photo: MTI – Tibor Illyes

Source: http://mtva.hu/hu/hungary-matters

environment LMP
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published.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

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • What happened today in Hungary? – 3 February, 2023
  • Court: Hungary responsible for the death of a 22-year-old Syrian migrant
  • 510 EUR/month – would you work for that in Hungary as a university teacher?
  • Wizz Air considerably changed its summer schedule, ticket prices expected to grow
  • PHOTOS: you can meet with Hungarian international chess grandmaster here
  • Hungarians living in Ukraine in danger? Anti-Hungarian mood, enforced military conscriptions, atrocities
  • Orbán government moves away from Budapest
  • PHOTOS: Construction of the New National Gallery in Budapest can start soon

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V