Hungarians support joining the EUROzone?

According to a recently published study, 2/3 of Hungarians support the idea of introducing Euro in Hungary to replace Forint as soon as possible.

Napi.hu reported that the survey was intended to present the opinions of the Hungarian residents about the introduction of the EUR currency in the country. Pulzus Kutató did the survey, and 65% of the asked population answered yes, EUR should be introduced shortly while the additional 35% voted no. Introducing EUR has been a widely arguable and exciting topic in Hungary. While it is not the main question today because of the coronavirus epidemic, it is still astonishing that more than half of the nation seems to support the idea of replacing HUF.

Coronavirus

Becoming the member state of the European Union comes with the obligation of changing the currency to EUR. However, there are some examples like Denmark and the United Kingdom, before Brexit.

Currently, Bulgaria, the Czech Republic, Croatia, Poland, Romania, Sweden (still does not intend to join the EUR zone) and Hungary kept their original currencies. To be able to introduce EUR in a member state, there are several criteria to follow. Read about them in the article below.

Read alsoWhen will the Euro be introduced in Hungary?

EUR is currently the official currency in 25 states, and 19 of them are the members of the EU.

Each state decides on their own whether they would like to join the EUR zone, and developing a financial strategy of the joining is their task. The Hungarian Government emphasised many times before that they have the intention to join the EUR son. However, the exact date and the strategy are uncertain. In 2011, the Orbán Government estimated to be a member of the EUR zone by 2020, but it is clear that it still has to wait. In 2015, the National Bank of Hungary announced measurements to join the EUR zone but there is no current debate or negotiation about the procedure in the Parliament and at the bank at all.

Among the answers, 71% of the positive ones were given by 40–59-year-old Hungarian residents which means that mostly the members of the X and Y generations support the idea. The answers given by 18–39-year-old people made up only 58% of all the answers. Most residents filled in the survey from Budapest.

Governor of Hungary’s central bank: Introducing the euro was a mistake!

Source: www.napi.hu

4 Comments

Jack Russell

June 4, 2020 / 15:42 Reply

This will be a very very big mistake to join the Euro, It will hurt the poorest Hungarians with rising prices for everything and will make it even more difficult for Hungary if it decides to withdraw from the European Union. DON’T DO IT. Hungary you will regret hitching your wagon to the Euro.

NEVER, EVER TRUST a survey being published by anyone trying to make such a change. IF Hungarians want to be part of the EURO club let their be a referendum on it.
alhorvath

June 5, 2020 / 01:24 Reply

Completely agree with Jack Russell above. This survey primarily represents people living in Budapest who are out of touch with the rest of Hungary.
Anonymous

June 6, 2020 / 14:17 Reply

Never ever….join the Euro club!! This is essential for any nation wishing to keep their independence.
The Euro is only good for the Germans. Once a nation switches to the Euro their sovereignty is gone forever .
DON”T DO IT
Sander Driessen

June 10, 2020 / 11:57 Reply

Please don’t make the same mistakes as Holland has made. You will be a puppet of Brussels and you will regret the mistake you are about to make. Let the forint remain untouched!

Breaking – Hungary reintroduces price caps on motor fuel

Fuel restrictions imposed in Hungary: are we running out?

Iran conflict: latest updates, background and Hungary-related developments🔄

Hungarians support joining the EUROzone? – Survey

Change language:

Read alsoWhen will the Euro be introduced in Hungary?

4 Comments

Leave a ReplyCancel Reply