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Budapest hopes to meet euro entry criteria by 2010 (Photo: European Commission)

Hungarian leader says 2010 euro entry 'unrealistic'

Hungarian centre-left prime minister Ferenc Gyurcsany has admitted an earlier plan for his country to join the euro in 2010 is "unrealistic," with analysts expecting entry could be postponed a further three or four years.

Speaking to journalists after coalition talks on adoption of the euro on Tuesday (15 August), Mr Guyrcsany said his country is set to resume fiscal stability in line with the so-called Maastricht criteria underpinning the euro between 2008 and 2010.

It usually t...

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Budapest hopes to meet euro entry criteria by 2010 (Photo: European Commission)

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