The opposition Democratic Coalition (DK) will propose in the European Parliament that the European Union should legally compel Hungary to introduce the euro, DK MEP Csaba Molnár told a press conference on Thursday.
The euro is expected to reach “historic highs” against the forint within days, impacting the prices of fuel, food and drugs, Molnár warned.
20 Years of the Euro: Are Netherlands and Germany the Only Winners?
Hungary pledged to introduce the common currency during its accession negotiations (before joining the bloc in 2004), Molnár said. Adopting the euro “immediately” would boost the Hungarian economy, and has the support of the majority of citizens, he said.
Featured photo by Szilárd Koszticsák/MTI