Expat Community > Hungary

peddington
Joined 2013
Posts: 382

Crazy politics in Hungary

10 years ago

Greetings all! If you pay attention at all you must of figured the crazy things happening in politics! No not in the "old country" but here in Hungary! Elections are coming up and there are dozens of new "political parties" all the sudden in Hungary. Some say it is good bye FIDESZ and others say they are here to stay. I can only tell you just by looking at my utilities bills that politicians and businesses are the same all over. Because utilities are due to go down guess what utility companies are eagerly reading your meters to make up the difference in utility payments before they go down. Down you say? Well not really because if you read your bill (yes you must know Hungarian) you will notice about 40% in taxes, fees, entitlements, emergency funds and such. Most expats can pay this but my heart goes out to the many Hungarians especially pensioners that are on a fixed income. How is one pay a 40,000 HUF gas bill on a 80,000 HUF pension anyway!? One good news if you can call it that is that the number of politicians in the Parliament will go down. It only took 25 years but nothing happens fast in Hungary. Be safe and hold on to your wallet especially if you live in the capital city. Gypsie pick pockets are still on the prowl if you use public trans.

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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Expat Community > Hungary

Crazy politics in Hungary

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