• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Opposition DK pledges steeper pension hikesOpposition DK pledges steeper pension hikesOpposition DK pledges steeper pension hikesOpposition DK pledges steeper pension hikes
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • Forint on a slope again, and the worst may come next week

  • Budapest Airport offers 107 destinations, plans to launch these Transatlantic flights

Support us
Daily News Daily News · 05/07/2021
· News To Go

Opposition DK pledges steeper pension hikes

Daily News Hungary economy

The opposition Democratic Coalition (DK) has pledged to reinstate the Swiss indexation for calculating pensions, which they said would ensure steeper increases, and to give a 150,000 forint (EUR 427) bonus to pensioners to compensate inflation, DK’s deputy group leader said on Monday.

Hungary’s 5.1 percent inflation rate is the highest in Europe, Gergely Arató told an online press conference. The EU average is 2.3 percent, he said.

Experts have attributed Hungary’s record inflation to bad government decisions and a mistaken policy of the central bank, Arató said.

Changes to the pension system will cause pensions to lose their value further, pushing more and more people into destitution, he warned. Already hundredfold differences between large and small pensions are set to grow even wider, he said.

retirement-old-people-home
Read alsoWill the Hungarian pension ever compare to the EU?

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
Democratic Coalition economy Hungarian economy Hungarian government Hungary pension
Share

Hot news

  • Government to extend mandatory discounts, deposit rate caps

  • What happened today in Hungary? – 25 September, 2023

  • PHOTO: President Novák meets Elon Musk in Texas

  • Here is the third-way alternative in Hungarian politics

  • The victory of Pákozd – a symbol of Hungary’s independence war

  • Hungarian minister shared how the EU’s competitiveness can be improved

2 Comments

  1. Not Mario says:
    05/07/2021 at 16:48

    Amazing how these washed up has beens can always promise money when they are trying to buy the election. Trouble is they already have had their chances before to help pensioners and they did nothing. It was more important to criticize Orban and Fidesz than to try and help the pensioners. Go away DK no one believe your lies.

  2. VeryHighTaxes says:
    06/07/2021 at 20:34

    NEWS FLASH :

    The opposition DK have today announced that ALL taxes will be increased by at least 50% (once they are elected into government) to pay for their insane election promises.

    A vote for the DK is a vote for VERY HIGH TAXES !

Leave a Reply

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

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
Government to extend mandatory discounts, deposit rate caps

Government to extend mandatory discounts, deposit rate caps

Read More
<b> What happened today in Hungary? – 25 September, 2023 </b>

What happened today in Hungary? – 25 September, 2023

Read More
PHOTO: President Novák meets Elon Musk in Texas

PHOTO: President Novák meets Elon Musk in Texas

Read More
Here is the third-way alternative in Hungarian politics

Here is the third-way alternative in Hungarian politics

Read More
The victory of Pákozd – a symbol of Hungary’s independence war

The victory of Pákozd – a symbol of Hungary’s independence war

Read More
Hungarian minister shared how the EU’s competitiveness can be improved

Hungarian minister shared how the EU’s competitiveness can be improved

Read More
Hungarian star journalist expelled from Golden Globe

Hungarian star journalist expelled from Golden Globe

Read More
PM Orbán kicked off the new political season: Soros empire, Brussels bureaucrats and American democrats enemies

PM Orbán kicked off the new political season: Soros empire, Brussels bureaucrats and American democrats enemies

Read More
Sorrowful prediction: Pines to disappear from Hungary

Sorrowful prediction: Pines to disappear from Hungary

Read More
<strong> Hungarian minister confident about Paks nuclear power plant’s Russian upgrade </strong>

Hungarian minister confident about Paks nuclear power plant’s Russian upgrade

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?