Government Announces Defense Reinforcement and Extended Interest Rate Freeze

Gergely Gulyás, Minister responsible for the Prime Minister’s Office, addressed the growing threat of war, as well as key government policies, including investments in infrastructure, support for households, and economic strategies for the coming year. The politician spoke on the regular Government Press Briefing with spokeswomen Eszter Vitályos.

Rising Threat of War and Hungary’s Preparedness
Minister Gulyás emphasized that the risk of war is higher than ever due to actions by the outgoing U.S. administration and European leaders, potentially escalating the conflict in Ukraine. He said,

it seems that the Democratic administration [of the U.S.] and some European leaders are doing everything possible to increase the risk of war escalation.”

In response, Hungary has reinforced its air defenses on the eastern border following attacks on Transcarpathia.

Opposition to European Pact and Migration Policies
The government is strongly opposed to the new European pact, which it believes jeopardizes Hungary’s interests. The politician criticized the migration policy, stating, “the migration pact does not make asylum procedures outside the borders exclusive, which is the only possible prevention of further mass migration.”

Support for Ukraine and EU Fund Withholding
Gergely Gulyás also condemned continued EU support for the war in Ukraine, calling it contrary to the will of the European electorate.

He noted,

the agreement with the European left and liberals does not serve the interests of Europe or Hungary,”

and also condemned the withholding of EU funds based on political sympathies.

Government Investments and Economic Policies
Eszter Vitályos highlighted the completion of significant investments, including road construction and healthcare improvements, with nearly 14 billion forints invested in the last two weeks alone. She also pointed to the renovation of a key road section and infrastructure projects. Additionally, Mr. Gulyás announced that the interest rate freeze for private households will be extended for another six months, noting,

this measure ensures that interest charges for families will not increase.”

Gergely Gulyás concluded by outlining the focus of the 2025 budget, emphasizing the continuation of wage increases, support for small and medium-sized enterprises, and pension hikes. The government remains focused on ensuring economic stability, reinforcing defense, and opposing European policies that contradict Hungary’s interests.

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Via MTI; Featured Image: MTI / Bruzák Noémi

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