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Népszabadság - Hungary | Tuesday, October 22, 2013

Hungary's high energy prices homemade

Just a few months before the European elections, Prime Minister Viktor Orbán's government is reducing utility costs by 11.1 percent as of November 1, after already cutting the costs by ten percent at the beginning of the year. However, the government is keeping silent about the fact that it itself is responsible for the high energy prices in the country, the left-liberal daily Népszabadság points out: "The differences between Romanian, Czech, Polish and Hungarian energy prices are the result of taxation. ... Hungary has been the record holder for some time now when it comes to taxing the energy sector and by extension energy consumption. And on top of that the Orbán cabinet has set a world record by introducing three different dedicated taxes. Then there's the fact that our energy market is still a monopolised market. ... In the Czech Republic and Slovakia, where there is a free market, energy prices have dropped more than they have here even without [the government] lowering utility costs."

» To the complete press review of Wednesday, October 23, 2013

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