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Hungary Fin Min: Adoption Of Euro Is A Priority For Hungary
BUDAPEST -(Dow Jones)- Entering the euro zone is still a priority for the country, a step that Hungary could take in the coming years, Finance Minister Peter Oszko said Thursday.
"The issue of adopting the euro is still a priority for Hungary," Oszko said, adding that he didn't want to give a timeframe but work hard on the matter instead.
Concerning the euro-forint exchange rate, Oszko noted that the fluctuation has subsided and the range of the cross is within acceptable boundaries.
"Perhaps partly as a result of our exercise, the rate has stabilized," Oszko said.
The forint weakened significantly versus the euro recently, with the euro spiking to over HUF283 late Monday. It has since settled around current levels at HUF277.
Ministry Web site: www.pm.gov.hu
-By Veronika Gulyas, Dow Jones Newswires; +36-20-433-2074; veronika.gulyas@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=BaSS0I8sNMINSIhDKSfJYg%3D%3D. You can use this link on the day this article is published and the following day.

Publié le 05 novembre 2009 Copyright © 2009 Dowjones


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