In the official request signed by at least the minimum 78 MPs required, the bill author(s) state in part that “the transfer of E.ON’s gas trade and storage operations to state ownership for Ft 261 billion is one of the most important purchases by the state in the past 20 years.”
Since the purchase from Germany-based E.ON, the government has shown a remarkable lack of transparency (by any standard) regarding the transaction, with Index reporting no success in attempts to get stakeholders to disclose any related documentation.
Nevertheless, as expected, proposals to amend the 2013 budget – the seventh such round – were approved in Parliament today by a vote of 218-24 with one abstention. The amendments will increase the budget deficit by HUF 171 billion, with at least HUF 71 billion earmarked for the E.ON transaction.



