Hungary: Government to cut gas subsidies
As of January 1, 2008, gas and heating support system is to be changed, government spokesperson Bernadett Budai announced at a press conference in Budapest yesterday.
According to main opposition party Fidesz, as a result of the mentioned measures, families’ gas bills are to increase once again, through which the government is to further deepen the social crisis.
At the same time, Budai reminded that last year gas and central heating users had been grouped in five categories, based on monthly income per one household unit, out of which four categories were entitled to get support.
According to Budai, subsidies are to remain unchanged in the two lower categories of those with low incomes, while in the two higher categories, subsidies are to decrease in line with the inflation rate. (Gazdasági Rádió)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.