Sigificant proportion of Hungarians would introduce euro in Hungary
According to a recent survey, nearly 70% of the Hungarian population support the introduction of euro in Hungary.
According to a recent survey carried out by Eurobarometer, more than two thirds of those countries’ population that do not yet have the EU currency are in favour of introducing the euro. The survey was carried out at the end of April. Within the framework of which, a total of 7074 telephone interviews were conducted. Based on the results,
Romania (77%) and Hungary (69%) have the highest proportion of people in favour of the changeover to the euro.
Meanwhile, the proportion of Hungarian respondents opposing a unified European currency increased from 26% to 28% between 2021 and 2022.
It is worth noting that the exchange rate of the forint against the euro during the period of the survey was between 370 and 380. Since then there has been a more significant depreciation of the forint – reported by Portfolio.
As the Hungarian news portal Blikk reports, the lowest proportion of people supporting the introduction of a unified European currency are in Sweden (45%), Bulgaria (44%) and the Czech Republic (44%).
As far as preparedness is concerned, Croatians (37%) are the most prepared for the introduction of Euro that will come into effect in January. Meanwhile, citizens in Bulgaria and Hungary (23%) are the least prepared.
60% of respondents think that the introduction of the euro would have a positive impact on Hungary.
The proportion of those who think it would have a negative impact has also increased by 2% since last year (35%).
Nevertheless, the introduction of the euro is not yet expected in Hungary. Although György Matolcsy, governor of the Hungarian National Bank, said last year that Hungary wants to introduce the euro, the Orbán government, due to economic autonomy, does not plan to introduce it in the near future – reported by hvg.
Source: blikk.hu, hvg.hu, portfolio.hu
It coud be EXPRESSED that the “horse has bolted” – the race has been run and one, on the subject of this article.
OPPORTUNITIES missed – in the past GOOD Times – say 2015-2019 – but 2022 totally a Vast Differant – Economic & Fianacial “balance sheet” – in Hungary.
This point of time, the de-escalation decline – on-going downward Trend – of the Hungarian – Economic & Financial “broadsheet” – presents Humongous challenges to the present Government of Hungary and the Citizens of Hungary, if a change to the Euro – got “off the ground” and was supported by Government & Citizens – in Hungary.
REMEMBER – citizens of Hungary – we are in a Political environment, that “bears witness” from its AGENDA on-going – that is DICTATORIAL – one directional of – our way or no way.
Governments under Democracy – are APPOINTED to SERVE the People.
WHAT points of FAVOUR – are we witnessing arising from and out of the present Hungarian Government, that SERVES in the total best interests presently and into the Un-known Future of Hungary ?
Conversion to the Euro – jury rests.
The Massive Decline of the Forint against ALL other major currency’s – the ZENITH of decline – appears still with downside lower value, is a MAJOR – possible Cataclysmic position, that Hungary, is placed.
Citizens of Hungary – sadly WILL are PAYING – and the “ease” of this pain, distanced to see it decreasing or Subsiding.
Will there be an ATTEMPT, by the present Hungarian Government, to go on another Borrowing of Foreign Funds policy ?
INTERESTING on-going developements in the Economics and Financial componentry of Hungary – that the “propaganda” coming out of the present Government – continues to exhibit practice – Fact & Candour.