Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40% | TheBriefWire
Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40%
Published 8 June 2026 ยท politics
Hungary's parliament has unanimously slashed lawmakers' salaries by 40%, a move championed by Prime Minister Peter Magyar to curb spending and mend public finances. This
Hungary's parliament has unanimously slashed lawmakers' salaries by 40%, a move championed by Prime Minister Peter Magyar to curb spending and mend public finances. This significant pay cut, effective next month, also impacts other high-ranking officials and allowances, fulfilling a key reform promise. The government aims to stabilize its economy and secure EU funds.
Published: June 8, 2026 โข 9:14 PM IST ยท Updated: June 8, 2026 โข 9:32 PM ISTBy TheBriefWire Editorial Team
Key points
Hungary's parliament has unanimously slashed lawmakers' salaries by 40%, a move championed by Prime Minister Peter Magyar to curb spending and mend public finances.
This significant pay cut, effective next month, also impacts other high-ranking officials and allowances, fulfilling a key reform promise.
The government aims to stabilize its economy and secure EU funds.