Hungary Targets Euro Adoption by 2030
Hungarian Prime Minister Peter Márki-Zay said that his country may meet the euro adoption criteria by 2030, although achieving this will be a challenge due to a high budget deficit resulting from previous spending measures, which could reach 6.8% of GDP this year. He emphasized that Hungary's accession to the Eurozone would help boost economic confidence, with discussions ongoing with the Eurogroup and no final timeline set for membership.
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