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Submitted by JP on Sun, 12/12/2021 - 23:42
Hungary raises pensions by 5% to compensate for inflation
Ekonomia

Due to higher than normal inflation in Hungary, the government in Budapest decided to increase pensions by as much as 5 percent. Pensioners will also receive the thirteenth pension, announced the Hungarian Minister for Family Katalin Novák on Sunday.


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– As inflation is higher than expected this year, the government has brought forward the pension rise to match next year’s inflation – minister Katalin Novák said on Monday on Kossuth Rádió.

(JAP)