4u Created
Image default
Business

Hungary govt extends price caps on fuels, foodstuffs, mortgage rates By Reuters



© Reuters. FILE PHOTO: A driver fills a car at an Envi petrol station in Budakalasz, Hungary, June 13, 2022. Picture taken June 13, 2022. REUTERS/Bernadett Szabo

BUDAPEST (Reuters) – Hungary’s government has decided to extend price caps on fuels and basic foodstuff beyond their Oct. 1 expiry in order to shield households from surging prices, Prime Minister Viktor Orban’s chief of staff told a briefing on Saturday.

Gergely Gulyas also said the government would extend a cap on mortgage rates by “at least six months”. That measure would have expired at the end of this year.



Source link

Related posts

Arm Suing Qualcomm and Nuvia for License Agreement and Trademark Violations By Investing.com

Wall St deep in bear market as S&P 500 hits new two-year low

South Africa’s Woolworths steps up battle for affluent shoppers By Reuters