{"id":80789,"date":"2026-06-27T15:20:12","date_gmt":"2026-06-27T15:20:12","guid":{"rendered":"https:\/\/www.europesays.com\/europe\/80789\/"},"modified":"2026-06-27T15:20:12","modified_gmt":"2026-06-27T15:20:12","slug":"hungary-is-preparing-to-switch-to-the-euro-the-date-has-been-announced","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/europe\/80789\/","title":{"rendered":"Hungary is preparing to switch to the Euro! The date has been announced."},"content":{"rendered":"<p>                    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/europe\/wp-content\/uploads\/2026\/06\/macaristan-2030-da-avro-bolgesi-ne-katilmayi-hedefliyor-19992848_8346_amp.jpg\" alt=\"Hungary is preparing to switch to the Euro! The date has been announced.\" load=\"lazy\" width=\"648\" height=\"357\"\/><\/p>\n<p>27.06.2026 11:51<\/p>\n<p>                    Hungarian Prime Minister Peter Magyar announced that they aim to meet the necessary criteria to join the Eurozone around 2030, in order to strengthen the country&#8217;s economic stability and leave behind the fiscal mistakes of the past period.<\/p>\n<p>Hungarian Prime Minister Peter Magyar announced that they aim to meet the conditions for joining the Eurozone.<\/p>\n<p>TARGET: 2030<\/p>\n<p>According to the Hungarian press, Prime Minister Magyar spoke at a joint press conference held in the capital Budapest with Eurogroup President and Greek Finance Minister Kyriakos Pierrakakis, and Hungarian Finance Minister Andras Karman.<\/p>\n<p>Magyar stated that fulfilling the Maastricht Criteria would contribute to the country&#8217;s stability and development, and reported that they aim to meet the necessary conditions to join the Eurozone around 2030.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/europe\/wp-content\/uploads\/2026\/06\/macaristan-2030-dolaylarinda-a-19992848-5253_1_m.jpg\"\/><\/p>\n<p>Magyar noted that adopting the Euro would bring greater economic stability, and also prevent the repetition of the &#8220;fiscal mistakes&#8221; of the Viktor Orban administration.<\/p>\n<p>Magyar emphasized that meeting the Maastricht Criteria would strengthen the Hungarian economy by restoring investor confidence and making the country more predictable for businesses.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/europe\/wp-content\/uploads\/2026\/06\/macaristan-2030-dolaylarinda-a-19992848-8444_1_m.jpg\"\/>BIGGEST OBSTACLES: BUDGET DEFICIT AND PUBLIC DEBT<\/p>\n<p>Magyar shared that Hungary has so far not met the necessary conditions to adopt the Euro, and stated that reducing the country&#8217;s budget deficit and public debt would be the most challenging obstacles on the path to Euro adoption.<\/p>\n<p>For European Union (EU) member states to adopt the Euro, the conditions known as the Maastricht Criteria\u2014price stability, sustainable public finances, exchange rate stability, and low long-term interest rates\u2014must be met.<\/p>\n","protected":false},"excerpt":{"rendered":"27.06.2026 11:51 Hungarian Prime Minister Peter Magyar announced that they aim to meet the necessary criteria to join&hellip;\n","protected":false},"author":2,"featured_media":80790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2480],"tags":[21398,31753,43542,19581,23793,185,43545,43541,2516,2487,2486,2485,6158,43543,58,2036,5023,5014,10035,9401,6156,43544,43546,10568,40439,6155,43547,14395,7397,1121,18271,4024],"class_list":["post-80789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-zone","tag-21398","tag-aim","tag-announced","tag-around","tag-been","tag-country","tag-criteria","tag-date","tag-euro","tag-euro-area","tag-euro-zone","tag-eurozone","tag-has","tag-hungarian","tag-hungary","tag-in","tag-is","tag-join","tag-magyar","tag-meet","tag-minister","tag-necessary","tag-order","tag-peter","tag-preparing","tag-prime","tag-strengthen","tag-switch","tag-that","tag-the","tag-they","tag-to"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/80789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/comments?post=80789"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/80789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media\/80790"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media?parent=80789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/categories?post=80789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/tags?post=80789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}