Hungary is committed to adopting the euro and has undertaken to meet the Maastricht criteria by 2030, Finance Minister András Kármán said on Facebook on Monday.
The minister said he will meet Kyriakos Pierrakakis, President of the Eurogroup, along with Prime Minister Péter Magyar in Budapest on Friday. Kármán first held bilateral talks with Pierrakakis at the ECOFIN meeting in Cyprus in May.
On the matter of the interest rate freeze, he said “we have said several times that with a responsible economic policy and a predictable budget, the previous government would not have needed to introduce and maintain such a market-distorting measure as the interest rate freeze on mortgage loans“.
The government will maintain the interest rate freeze until the beginning of October responsibly, providing a consultation period, so that it can be phased out in a way that those who are actually in need will receive real help, Kármán said.
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Featured image: Facebook/bpcorrectchange
