Rogán: Hungary could be ready for euro by 2020

Parliament

It appears that the Hungary could be ready for discussions regarding the possible introduction of the euro currency sometime around 2018-20, MP Antal Rogán, Fidesz fraction leader, told Hungarian daily Magyar Hírlap today.

“Although it is another issue whether Hungary is willing to enter the Eurozone, the financial conditions for the move will be established by then” Rogán added. He argued that countries surrounding Hungary, who adopted the euro did not necessarily benefit from the move. "The common currency has both advantages and disatvantages," Rogán said.

In 2013, Hungary’s Prime Minister Viktor Orbán suggested that Hungary was not willing to enter the Eurozone, as it would hinder the country's autonomy, according to Hungarian online daily Index.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Domestic