Tax Breaks and Capped Home Loans: Hungary's Orban Boosts Family Support

Hungary's Orban Unveils Economic Measures to Boost Economy and Win Election

In an effort to stimulate the economy and secure his reelection in 2026, Hungarian Prime Minister Viktor Orban has implemented a series of measures, including:

Tax Exemption for Mothers

• Mothers of two or three children will receive an income tax exemption.

Capped Interest Rates on Housing Loans

• Interest rates on housing loans will be capped at 5% from April.

Food Price Controls

• The government will impose caps on rising food prices if negotiations with retailers fail to keep them under control.
• Limits may be placed on food retailing profits as a last resort.

Hungary's Prime Minister Viktor Orban arrives for an informal EU leaders' retreat at the Palais d'Egmont in Brussels, Belgium on February 3, 2025. NICOLAS TUCAT/Pool via REUTERS/File Photo