US EditionPM Orban says Hungary should not adopt euro as EU is 'disintegrating'
Orban rejects euro adoption citing EU disintegration and suspended funds, while opposition seeks to revive EU support and euro integration for Hungary’s economy.
- On Monday, Prime Minister Viktor Orban said Hungary should not adopt the euro currency because the European Union is disintegrating and warned against closer ties to the 27-member bloc.
- Tensions with the European Union stem from Viktor Orban, Prime Minister of Hungary, growing increasingly critical since 2010 after the EU suspended billions of euros in funds over his rule-of-law reforms.
- Orban criticised monetary policy, saying Hungary's central bank main interest rate at 6.5% is higher than it could be while the bank paused easing for a year, helping the forint strengthen to a 15-month high versus the euro.
- With parliamentary elections in spring 2026, Viktor Orban opposes euro adoption while Peter Magyar pledges to unfreeze EU funds and advance euro integration.
- Hungary's trade ties to the 27-member EU mean it relies on the bloc and has modernised with billions of euros since joining two decades ago, yet it does not meet conditions for euro adoption.
26 Articles
26 Articles
Orbán: Hungary’s Economic Take-Off Depends on Lower Taxes - Hungarian Conservative
Low taxes are the foundation of a strong economy, Prime Minister Viktor Orbán said in an interview published on Monday with the president of the Hungarian Chamber of Commerce and Industry on the Economx Money Talks podcast. The discussion touched on the prospects of a double-digit minimum wage increase, the future of small business taxation, and what Orbán called Brussels-backed plans for higher taxes championed by the opposition Tisza Party. ‘T…
Hungary has no plans to switch to the euro, as The EU is under threat of disintegration — Orban: EADaily
EADaily, October 6th, 2025. There are no plans to introduce the euro in Hungary yet, since Budapest does not want to establish even closer ties with the European Union, which is in danger of disintegration. This was stated by the head of the Hungarian government Viktor Orban.
Viktor Orban Fights Against Euro Adoption
Hungarian Prime Minister Viktor Orban laid out a clear case against adopting the euro, pointing to the European Union’s ongoing troubles as a major risk for his country. In an interview with economic news site EconomX, Orban stated, “Hungary should not tie its fate closer to the European Union than now, and adopting the euro would be the closest possible link.” This position comes at a time when Hungary relies heavily on EU trade and has benefit…
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