Lagarde Welcomes New Hungarian Leader’s Plan to Join Euro

European Central Bank President Christine Lagarde welcomed signals from Hungary’s incoming leadership that they would take steps to join the euro zone, which she called the natural path for the European Union’s members.

“If Hungary goes through the process of integration, the convergence and all of that, it would be a great achievement and it would coincide with what was expected by the founders,” Lagarde told Bloomberg TV Tuesday, after Hungarian Prime Minister-elect Peter Magyar said his government will work toward adopting the euro.