Hungary Advances 2026 Budget Deficit Cuts to Meet 2030 Euro Adoption Goal

Hungary Targets Euro Criteria by 2030 as Government Moves to Cut Deficit

Reducing the budget deficit “inherited” from the former Fidesz-KDNP gov’t is an “important step” toward meeting the criteria for adopting the euro by 2030, according to the amended preamble to the 2026 budget submitted to lawmakers. The amended budget targets a deficit of 7.5% of GDP, well above the original 3.7% target but below the […]

By MTI