Central Banks

Magyar Says Hungary Should Eventually Adopt the Euro

Peter Magyar speaks at a news conference following his election victory, in Budapest, on April 13.Photographer: Akos Stiller/Bloomberg

Election winner Peter Magyar said Hungary’s adoption is in the nation’s interest, adding he wasn’t able to give a specific target date for the switchover.

Magyar, speaking to reporters in Budapest on Monday, said his government will set the euro entry time line after a review of the economy.