Prime Minister Proposes Lifelong Tax Exemption for Mothers
Hungarian Prime Minister Viktor Orbán recently appeared as a guest on Kossuth Radio’s “Good Morning Hungary!” program to discuss the latest political developments in the country. One of the key topics of discussion was the government’s efforts to combat food price inflation and unique tax exemptions within the EU.
Orbán highlighted the discrepancy between falling prices of the euro and energy, which should have translated into lower food prices. Despite retailers proposing minimal price reductions, the government was not satisfied. In response, a margin freeze will be implemented from next Monday to regulate the prices of essential products, ensuring fair pricing practices and protecting consumers and producers.
Moreover, the Hungarian government announced a personal income tax waiver for mothers with the aim of supporting families and promoting child-rearing. Orbán emphasized the importance of providing security for mothers and children, stating that these measures are unique and essential for the well-being of Hungarian families.
The Prime Minister also addressed the upcoming EU summit and the issue of Ukraine’s potential EU membership. Orbán expressed concerns about the economic repercussions of Ukraine joining the EU and emphasized the need for peace and diplomatic negotiations in the region. He proposed that countries like Serbia, North Macedonia, and Montenegro could benefit greatly from EU membership, unlike Ukraine.
Orbán also touched upon the topic of defense development funding within the EU, highlighting the divide between member states supporting joint borrowing and those advocating for self-financing. He reiterated Hungary’s stance against joint borrowing and emphasized the need for parliamentary approval on this matter.
In conclusion, Viktor Orbán’s insights shed light on Hungary’s stance on critical issues such as food price inflation, tax exemptions for mothers, and EU membership criteria for neighboring countries. As Hungary navigates these challenges, the government remains focused on safeguarding the interests and well-being of its citizens.
