NewsEuropeThe Government of Hungary lifts the cap on gasoline prices due to shortages

The Government of Hungary lifts the cap on gasoline prices due to shortages

Archive – Hungarian Government Spokesperson Gergely Gulyas – ATTILA VOLGYI / ZUMA PRESS / CONTACT PHOTO

The Government of Hungary has lifted this Tuesday night the cap on gasoline prices due to the shortage that the country has suffered after the sanctions of the European Union against the supply of Russian oil.

The spokesman for the Government of Hungary, Gergely Gulyas, has announced that in view of the crisis situation that has developed in recent days, its Executive will eliminate the maximum price of 480 Hungarian forints (1.17 euros).

“The implementation of the sanctions has caused tangible interruptions in the energy supply in Hungary,” explained the spokesman for the Executive after criticizing the European sanctions against Russia.

Gulyas has reported that the measure for the disappearance of the price cap would come into force at 11:00 p.m., half an hour after the press conference.

“We have always said that the cap makes sense as long as security of supply is maintained. It was possible to refuel at a low price for almost 13 months, I think it was worth it for all Hungarian families,” the Hungarian spokesman said.

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