Hungary’s 2.5 million pensioners will each receive a bonus of 80,000 forints (EUR 222) next month in addition to their higher pensions, the family affairs minister said after a meeting of the Council of the Elderly on Monday.
Even retirees with the lowest pensions will receive the same bonus, Katalin Novak said, adding that an average pensioner will receive an additional 100,000 forints in November.
The measure is costing the treasury 200 billion forints.
As we wrote before, In recent years, it seems that the financial situation of Hungarians, in general, has been very poor compared to many other countries in the European Union. According to recent statistics, Hungary’s minimum wage is the second-worst in the EU. Now, it seems that more than 2 million Hungarians, which is more than one-fifth of the country’s population, live under the poverty line. Details HERE.