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SOCIALIST-PÁRBESZÉD URGES EURO INTRODUCTION

 

The opposition Socialist and allied Párbeszéd parties have called for the euro to be introduced as soon as possible in Hungary. Adopting the euro would make it clear that Hungary “wants to belong to the core of Europe rather than to its periphery,” a Párbeszéd lawmaker told a press conference. Bence Tordai noted that Prime Minister Viktor Orbán had once cautioned about the possibility of a new economic crisis which, Tordai said, could seriously hit Hungary’s small and vulnerable economy. As a safeguard, the two parties propose joining ERM II, the corridor to the euro, in 2020, he said. Balázs Bárány, a member of the Socialists’ national board, said the euro would guarantee Hungary a stable long-term position in the European community. The two parties have called a competition for a Hungarian design of the currency, he added.