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Amidst Industrial Brussels, the Government Introduces the Euro – for Itself

Summary by Heti Világgazdaság
The government will also waive this year's budget deficit. The announcement was made only after the spring assessment round of major international credit rating agencies was over and until it became clear that Brussels would suspend the excessive deficit procedure. The public debt management agency will increase foreign currency debt by a trillion forints - if inflation means that the forint cannot be allowed to depreciate.
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The government will also waive this year's budget deficit. The announcement was made only after the spring assessment round of major international credit rating agencies was over and until it became clear that Brussels would suspend the excessive deficit procedure. The public debt management agency will increase foreign currency debt by a trillion forints - if inflation means that the forint cannot be allowed to depreciate.

·Hungary
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Heti Világgazdaság broke the news in Hungary on Wednesday, June 11, 2025.
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