DK calls for parliamentary cttee hearing over high inflation

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The opposition Democratic Coalition (DK) has proposed summoning parliament’s budget committee to hear the finance minister concerning the latest inflation figures that were “higher than the worst expectations”.

DK’s László Varju, the head of the committee, told an online press conference on Tuesday that the October figure of 6.5 percent was at a 9 year high and a testament to the “total failure” of the government’s economic policies.

Democratioc Coalition demands “immediate and effective” remedial measures, Varju said.

“PM Viktor Orbán and his government bear chief responsibility” for the current situation in which “one euro costs 360 forints and a litre of petrol 500”, and earners “are in the red” by the middle of the month, he added.

In response, the ruling Fidesz party issued a statement saying that Ferenc Gyurcsány, the former Socialist prime minister, presided over high inflation and high household utility bills and taxes, and took away the 13th month pension.

Fidesz noted that

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