Hungarian Prime Minister Viktor Orban stated that Hungary should not adopt the euro currency, as he believes the European Union (EU) is “disintegrating. “
He emphasized that Hungary should avoid tying its future more closely to the EU, particularly as the country does not currently meet the requirements for euro adoption. Unlike Denmark, Hungary has no legal opt-out from joining the euro area.
Orban pointed out that other Eastern European countries, such as Poland, the Czech Republic, and Romania, also remain outside the eurozone for now. His comments contrasted with the stance of his opposition rival Peter Magyar, who is advocating to unfreeze suspended EU funds and move Hungary closer to euro adoption.
Parliamentary elections are scheduled for spring 2026, though the specific date hasn’t been announced. Additionally, Orban noted that the central bank’s main interest rate of 6.5% is “higher than it could be,” as the bank paused rate easing to stabilize the domestic currency.