Prime Minister Viktor Orbán, in an interview to public radio on Friday, said he has asked the governor of the central bank and the finance minister to take measures to cut inflation “by half at the least” before the end of 2023.
Orbán attributed rampant inflation to European Union sanctions against Russia, adding that “if only the EU saw” the connection between the two then some prices, including energy prices, “could be halved within days”.
Orbán said his government was experienced in handling inflation as it had “inherited 10-15 percent inflation in 1998”. Inflation forces families to live off their savings, he said, adding that anti-inflationary measures therefore were “family protection measures”.
tOrbán said he government habitually consulted the public on important matters and used the outcome as a political tool “in fights in Brussels”. He told public radio that the sanctions against Russia had been introduced in an undemocratic way, based on decisions by the “Brussels bureaucrats and the European elite”.
“There’s still democracy in Europe and it matters what people think,” the prime minister said. In Hungary, the public is regularly involved in decision-making “about the most difficult questions facing Europe”, be it migration, the handling of the Covid-19 epidemic or the current sanctions, he added.