Hungary PM Orban says price caps need to stay in place as much as possible By Reuters


© Reuters. FILE PHOTO: Hungarian Prime Minister Viktor Orban leaves after addressing a business conference in Budapest, Hungary, June 9, 2021. REUTERS/Bernadett Szabo

BUDAPEST (Reuters) – Hungary’s price caps to protect households from surging inflation will stay in place until their current expiry date and possibly beyond that if prices remain high, Prime Minister Viktor Orban told a news conference on Wednesday.

“The price caps measures have an expiry, they will stay in place until then definitely, and I would like to keep them as much as possible later as well, we are negotiating … we need to have talks with banks, MOL… food retailers,” Orban said.

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