Hungarian Prime Minister Viktor Orban, noted for his conservative stance against migration and 'woke' culture, has implemented price controls on basic necessities like eggs and butter. Facing the highest inflation rate in the EU and opposition pressure, Orban mandated supermarkets to limit price markups to 10% above wholesale costs. The current markup for eggs, he argues, is excessively high at 40%. This pivot from traditional conservative economic policies highlights Orban's struggle to address Hungary's pressing economic challenges, raising questions about the sustainability of his governance approach praised by some American conservatives.
Prime Minister Viktor Orban of Hungary has shifted from traditional conservative values by implementing price controls on basic foodstuffs amidst a failing economy and high inflation.
By capping the price markup on essential foods, Mr. Orban blames supermarkets for Hungary's inflation, asserting the government must intervene in the economy for relief.
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