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.
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.
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.