Mihály Varga Spoke About the Introduction of the Euro
12 Articles
12 Articles
The President of the MNB considers it more important that the Hungarian economy properly prepares for the adoption of the common currency.
The introduction of the euro may benefit Hungary, but more important than the date of accession is that the Hungarian economy prepares properly for the adoption of the common currency, stated Mihály Varga at the Civic Gondola event of the Hungarian Civic Cooperation Association. The central bank governor emphasized: the euro is not a panacea, so it does not in itself provide a solution to economic challenges, therefore the goal is not a quick, b…
According to the President of the MNB, the goal is not quick, but successful accession to the eurozone.
According to Mihály Varga, the President of the Hungarian National Bank, the results of the preparations may become noticeable before the adoption of the common currency, but the central bank still believes that a cautious monetary policy is warranted ...
Adoption of the common European currency could bring significant economic benefits to Hungary, but thorough and successful preparation of the domestic market is orders of magnitude more important than speed. Mihály Varga, President of the Hungarian National Bank, emphasized that joining the eurozone in itself is not a panacea for economic challenges, and the main goal is to permanently increase the standard of living of the population and ensure…
Mihály Varga spoke about the introduction of the euro, explaining an important condition - He also revealed how much the country would save with it.
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- 50% of the sources lean Left, 50% of the sources are Center
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