"It would have been better if we hadn’t been forced to do this," Viktor Orban stated regarding the price margin cap introduced this week on certain basic foodstuffs. "If price increases were driven by market forces, we could expect those same forces to eventually lower prices. However, this is not about market forces at all," he explained speaking from Hungarian public media studios in Brussels, about the price increases of retailers in Hungary.
He argued that
the current situation is a consequence of post-regime-change governments failing to establish Hungarian retail chains, leaving foreign chains, which are only interested in profits, to dominate the market.
"We had to halt the price hikers: Up to here and no further!"
Immediate Price Reductions
The point of the intervention was to limit the margins retailers can add to their purchase price to a maximum of 10%. This resulted in immediate price reductions. PM Orban emphasized that the government will conduct continuous inspections, as he has no doubt that retail chains will try to circumvent the rule.
They have to understand: The Hungarian people cannot be exploited,
he declared.
The prime minister reiterated that Hungary supports free enterprise and market principles but believes that economic regulations should ensure fairness for everyone. He rejected VAT reductions as a solution, explaining that
a portion of previous VAT cuts had initially been passed on to the consumer, but within one year ended up only benefiting retailers rather than consumers.
Left-wing politicians knew this would happen, but they stood on the side of the multinational companies,
he added. He warned foreign retail chains to comply and that they cannot win a battle against the government: "Let them be satisfied with 10 percent."

Children Come First
Regarding the amendment of the assembly law, Mr Orban stated:
"Normally, freedom of assembly and child protection can coexist. However, they cannot when sexuality is brought into the streets or schools by gender activists."
He argued that
ordinary people are under constant provocation by individuals who live non-traditional sexual lifestyles. While they have the right to live as they do," he said, "they should not bring it into public spaces without consideration for the millions of children who need to be raised to be healthy individuals by their parents.
Viktor Orban stressed:
"The right of children to a healthy upbringing is a fundamental right, which must be respected even in the case of all other rights."
He said, "the authorities will decide whether 'licentiousness' or parents' right to protect their children should prevail. The government's position is clear: Children come first," he asserted.