The two-week deadline granted by the Minister of National Economy to fuel merchants expires today, Wednesday. Marton Nagy has given them plenty of time to lower their prices, otherwise he threatens government intervention. The government will assess the situation at its meeting on Wednesday, and Naji announced a doorstep press conference on the matter at 3 p.m. The Minister accepted the decision Introduction to the indexWhy are gasoline prices so important to the government:
“It can be seen among the population that due to inflation problems, the perception of a stronger economy has become weaker. That is why we had to intervene in fuel prices.”
According to him, people can already see that the economy is starting again, but everyone is looking at prices.
“A significant rise in fuel prices can generate fear in people, and they may feel that high prices may return after all. Because of inflation issues, the perception of the economic cycle is weaker, so households do not yet feel the 1.7 percent GDP growth, i.e. Resumption of the economy.
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Photo: Zoltan Balogh/MTI/MTVA
He also sent a message to those who believe Romania has left Hungary behind:
“Ask people where they want to live: in Hungary or Romania?”
“Basically, much fewer people work there, and if you look at it that way, the mass of wages that the economy can produce is much smaller in Romania than in Hungary,” he said. While the employment rate here is 74.8 percent, it is 63 percent in Romania.
