The Hungarian government has declared a state of emergency in the wake of the Russian invasion of Ukraine. Prime Minister Victor Orban, conflict is a problem, including. Energy supply and authorities need a quick response system.
After the official formation of the new government and the amendment of the constitution, Victor Orban presented the first decision of the new government: Declaration of state of emergency in connection with the war in Ukraine. Is to apply from midnight.
In a post on Facebook, Victor Orban said, “A war is going on and no one can see the end of it.” This war is a threat to Hungary, a threat to our physical security and economy and the energy supply and financial security of our families. – Said the Prime Minister.
Said the head of Fitzgerald The “sanctions of war and Brussels” led to economic problems and sharp rise in prices. The world is on the brink of economic crisis he said. Orban stressed that the situation needed “immediate action.”
As he explained, the emergency (ending May 31) during the emergency and epidemics introduced due to the war will allow the government to “protect Hungarian and Hungarian families”.
I will let you know tomorrow about our first results – He announced.
Fidesz, who recently won the parliamentary election, is deeply concerned about rising energy prices following the Russian invasion of Ukraine. The Hungarian government is blocking, among other things, the sixth set of EU sanctionsIt will hit Russian oil. Urban is expected to extend the transition period by several years and will require substantial funding from the EU.
Inflation is rising in the country as in other parts of Europe. Hungarian officials, in the run-up to the election, introduced a number of measures aimed at easing the price index. Introduced Maximum prices for fuel and basic commodities And Credit installments were frozen. In addition, several tax cuts were made and wages were raised in the budget.
The portfolio portal states that the government must act quickly in the first four months of 2022. The budget deficit has already crossed 83 percent. Annual plan. After the “election sausage” was handed over, officials often expected costs to be lower in the second half of the year. However, the energy crisis, war and rising bond yields have increased the pressure on the budget and require changes. The state of emergency will help with this by making decisions through orders.
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