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PM says euro 2010 up to referendum

The matter of whether Hungary joins the single European currency in 2010 is a question that only a national referendum can decide, Prime Minister Ferenc Gyurcsány said in an interview with business daily Világgazdaság on Friday. 

“We have to ask the people whether they want to or not,” he said.

 

Finance Minister János Veres has consistently stuck to the line that the government will follow spending commitments that will allow for the budget deficit to be cut to below 3% of gross domestic product by 2008 in order to join the euro in 2010.