Hungary has lowest gas prices, writes the Financial Times

A comparison by the British Financial Times reveals that among European states Hungarians pay the least for gas. According to the paper, this is the merit of PM Viktor Orban.

ECONOMY SEPTEMBER 7. 2022 13:09

The Financial Times has published an article on European gas prices and, based on its comparative analysis analysis, the author concluded that although Hungarian Prime Minister Viktor Orban was sharply criticized for his relationship with Russia, Hungary still has the lowest gas prices in Europe, thanks to the long-term contracts between the two countries.

The paper also notes that on average, British households pay over thirty per cent more for gas than many neighbouring European countries. According to the author, this is potentially because the country relies more heavily on natural gas for energy production, so the rise in gas prices also hits consumers harder.

ECONOMY

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energy, gas, hungarian prime minister, Hungary