After Bulgaria, Hungary Is Preparing to Adopt the Euro. "We Want the Successful Introduction of the Euro," Says the Hungarian Governor - HotNews.ro
6 Articles
6 Articles
There was a time when politics wanted it, but it did not meet the criteria, there were times when they were met, but politics did not want it, for some time now there has been neither will nor fulfillment – until now. The market has already priced in 60 percent of Tisza's euro adoption plans, said the central bank president.
"We want a successful introduction of the euro, not necessarily a quick one, but, of course, if it is fast, no one will object," said Mihály Varga, head of the Central Bank of Hungary, on Thursday at the 64th Itinerant Meeting of the Economists. According to Mihály Varga, the conditions for a successful introduction are social support, a real economy ...
The official program of the 64th Economists' Traveling Meeting begins, where after the opening ceremony, Mihály Varga, the President of the Hungarian National Bank, will give the first lecture. The President of the MNB will talk about the circumstances, possible path and necessary conditions for Hungary's euro adoption. Portfolio will report on the conference and the presentation of the Central Bank President from the venue.
In Hungary, 80 percent of the population supports the introduction of the euro, but only one in four Hungarians believes that the country is prepared for it. According to Mihály Varga, joining the eurozone requires a prepared economy and a clear strategy in addition to social support, while Hungary also needs to restart economic convergence. The President of the MNB spoke at the 64th Economists' Travelling Meeting: the goal is not the fastest po…
Mihály Varga, the Governor of the Hungarian National Bank (MNB), gave a lecture on the introduction of the euro on Thursday at the 64th Traveling Economists' Meeting of the Hungarian Economic Society. The central bank governor also addressed the government, while Finance Minister András Kármán was also in the audience.
Hungary's economic convergence has stalled, and we are starting from a much more difficult situation than previous euro accession countries. According to Mihály Varga, the main problem of the Hungarian economy is currently growth, therefore the introduction of the euro in itself is not a solution.
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