Hungary PM says gas firms' court case win on price cuts "scandalous"
BUDAPEST (Reuters) - Energy companies in Hungary have won a court case against the government over state-imposed natural gas price cuts, Prime Minister Viktor Orban told parliament on Monday, calling it a "scandalous" legal decision.
"On behalf of the government I must say that the decision of the court is scandalous," Orban said. He said the government would not accept the decision and would submit a new proposal to parliament for even bigger price cuts.
The prime minister said the court was expected to make a separate ruling related to electricity prices next week. The government has cut household energy prices by 10 percent from January and flagged further cuts.
(Reporting by Budapest bureau; Editing by Pravin Char)
- Gaza fighting abates as diplomatic tension flares |
- Court orders Russia to pay some $50 billion in damages to Yukos shareholders
- Pushing locals aside, Russians take top rebel posts in east Ukraine
- Obama could curb corporate 'inversions' on his own: ex-U.S. official
- Family of five found shot dead in Maine home: police