Hungary’s new PM Peter Magyar confirms stable fuel supply, plans early foreign visits
He also confirmed that the government will continue its policy of regulated and protected fuel pricing to shield consumers from global market volatility.
KATHMANDU: Hungary’s newly appointed Prime Minister Peter Magyar has announced that the country’s fuel and crude oil supply remains stable, assuring there are no disruptions in national energy availability.
Speaking at his first press conference, he said Hungary’s strategic fuel reserves are currently at around 80 percent capacity. Citing a briefing from MOL Group Chairman Zsolt Hernádi, the Prime Minister noted that despite rising global oil prices, supply conditions remain steady.
He also confirmed that the government will continue its policy of regulated and protected fuel pricing to shield consumers from global market volatility.
On foreign policy, Magyar announced his first official overseas visits next week to Poland and Austria. During the trip, he is expected to meet Polish Prime Minister Donald Tusk and other senior officials in Warsaw, followed by talks with Austrian leaders in Vienna.
He reiterated his commitment to strengthening cooperation within the Visegrád Group—comprising Hungary, Poland, Slovakia, and the Czech Republic—stating that Central European countries are stronger when united.
On relations with the European Union, the Prime Minister said discussions are ongoing regarding unfreezing withheld EU funds, with continued dialogue expected. He added that an EU delegation is likely to visit Hungary ahead of his planned Brussels trip in the week of May 25.
The new cabinet, sworn in on Tuesday following Magyar’s appointment last Saturday, pledged to defend Hungary’s national interests within both the European Union and NATO, while strengthening ties with Western allies.
