N

Minister Gulyás: There are no plans for a fuel price cap, but action must be taken if necessary

At today's Government Info session, Minister Gergely Gulyás addressed key national issues including fuel prices, economic policy proposals from Brussels, and ongoing debates over national sovereignty.

“There are no plans for a fuel price cap at this time, hopefully the conflict will be resolved quickly,” the minister said, referring to rising fuel prices caused by escalating tensions in the Middle East. Gulyás noted that the government closely analyzes whether market interventions are necessary. While such measures are not desirable, they can become unavoidable under certain conditions. If prices remain persistently high, the government is prepared to initiate discussions with MOL on a potential price cap.

On the subject of the Voks 2025 national consultation, Gulyás confirmed it will close at midnight on Friday. The outcome will significantly influence Hungary’s position at next week’s EU summit. With over two million participants, the minister emphasized that the consultation provides a clear democratic mandate for the government.

Turning to economic matters, Gulyás sharply criticized recent proposals from the European Commission, such as scrapping the utility cost reduction program and lifting the interest rate cap. He stated these measures go against Hungary’s national interest. The minister reaffirmed that the government will maintain its protective policies, including the interest rate cap, which will be extended beyond June 30 and currently benefits more than 250,000 families.

Beyond fuel prices and economic policies, Gulyás stressed that the government remains firm on issues of national sovereignty. He accused Brussels of seeking to restrict member state competencies, particularly in relation to bans on Russian energy imports and challenges to Hungary’s retail markup caps. He stated that Hungary’s priority is not multinational profits but the interests of domestic workers and businesses.

Responding to press inquiries, Gulyás announced that the Prime Minister’s Cabinet Office will file a legal complaint concerning a video falsely claiming that no elections would be held in Hungary next year. He also reiterated that all public demonstrations, including the Pride event, fall under Hungary’s Assembly Act and must be properly registered, with the police having the authority to prohibit them.

In closing, Gulyás reaffirmed Hungary’s commitment to remaining a member of the European Union, but made clear that the government will not accept EU decisions that conflict with Hungary’s national interest.