The Hungarian government is organizing celebrations to mark the founding of the Christian state of Hungary from August 17 to 20. To offer guests affordable drinks, the government will impose a price cap on several products, including canned beer.
The energy and economic crisis, hand in hand with all-consuming inflation, has swept Europe and the world in recent years, but Hungary has probably been hit hardest. Food price inflation has reached more than 100% in recent years, making a holiday on Lake Balaton almost as expensive as in Croatia. We have covered this shocking development in detail in THE Article.
No price cap for the celebrations
The Orbán cabinet “fought” against the sharp rise in prices by introducing price caps on products such as fuel and basic foodstuffs. However, experts agree that such measures only made the situation worse. Meanwhile, measures such as the government’s unique price monitoring system have had no noticeable effect.
However, the Orbán cabinet is keen to attract Hungarians, for example with events such as the St. Stephen’s Day celebrations. According to a previously published statement, they are preparing more than a hundred colourful programmes that will end with a grandiose fireworks display. In July, we will wrote that it will be more spectacular (and expensive) than ever before, stretching 5 kilometers along the Danube instead of 4.3 kilometers. Some estimates suggest that 38.2 million euros will be spent on fireworks alone.
Source: Facebook
Cheap beer, lots of entertainment at the St. Stephen’s Day celebrations
The St. Stephen’s Day program includes the usual mini-festivals as well as musical, cultural and gastronomic programs at 19 venues. The venues offer something for everyone, “from lovers of cultural and musical performances to lovers of gastronomy and craft activities. At the same time, those interested in national history, as well as regulars of the traditional shows and children’s programs, will not be left out.” You can find out more about the programs here HERE.
Photo: FB/Festival of Folk Art/Mesterségek Ünnepe
Accordingly 24.huThe Hungarian government is preparing cheap offers for food and beverages “to enable everyone to buy affordable drinks and food”. Therefore, the prices of mineral water, canned beer and pretzels will be significantly below the market price between August 17 and 20.
The new prices are 200 forints for 0.5 l of mineral water (0.5 EUR), 400 forints for canned beer (1 EUR) and 300 forints for a pretzel (0.75 EUR). Compared to last year, this represents a price increase of 50 forints for the first two food items (33% and 15% respectively). The average inflation in Hungary was 17.6%.
The affordable products are available at the program’s 19 official locations. HERE will be the card, but it doesn’t work yet.
Here is the promo video this year:
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