London analysts: we should not rely on the euro until 2019
The earliest possibility for Hungary to join to the euro zone will be in 2019, probably together with Poland. The Czech Euro may be delayed for the 2020s years – predicted convergence market analysts on Friday in London, who believe that, due to the debt crisis the euro area membership seem no longer to be as attractive in these three countries, as before.
The experts of JP Morgan have been mentioned the increase of euro scepticism in the Central European countries among the main causes and the “challenges threatening the viability of the euro area”. They said the disintegration of the euro zone is “minimal”, but “certainly not zero, and is likely to grow.” – reports ProfitLine.hu, after MTI.
Related news
Related news
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2…
Read more >