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Hungary is unlikely to join the euro before 2014, say analysts (Photo: European Commission Audiovisual Library)

Hungary to adopt euro in 2011 'at the earliest'

The Hungarian finance minister has said his country is unlikely to adopt the euro before 2011.

"The current programme would make possible the adoption of the euro in 2011 at the earliest," Janos Veres told public television, according to AFP.

His comments came a day after the government submitted new plans for joining the euro after Brussels in January rejected previous plans as not being credible.

Government overspending resulting in the country having the highest public de...

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Hungary is unlikely to join the euro before 2014, say analysts (Photo: European Commission Audiovisual Library)

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