Hungary launches $157 million scheme to curb heating costs ahead of election


Hungarian Prime Minister Viktor Orban holds an international press conference in Budapest, Hungary, January 5, 2026. REUTERS/Bernadett Szabo

BUDAPEST, Jan 29 (Reuters) - Hungary's government ‌will partly reimburse higher heating costs for households in January due to ‌increased demand amid freezing temperatures at a cost of 50 billion ‌forints ($157.14 million), adding to large-scale spending ahead of an April election.

In power since 2010, Prime Minister Viktor Orban is seeking to revive the economy ahead of the April 12 ballot, with his right-wing ‍Fidesz trailing centre-right opposition challenger Tisza based on most ‍fresh surveys.

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