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Nearly 70% of Hungarians Support Joining Eurozone

69% of the Hungarian population supports adopting the euro as the country’s legal tender, according to a new Eurobarometer report.

The survey was conducted in countries that are legally required to join the eurozone, the 19 member states of the European Union that have adopted the euro as their primary currency, but have not yet met the criteria.

Romania was most in favor of the idea, garnering 77% support, followed by Hungary with 69%. However, Bulgarians (44%), Czechs (44%), and Swedes (45%) were the least enthusiastic about replacing their national currencies with the euro. It total, 60% of all respondents were in support of euro adoption.

However, far fewer believe that their country is ready to adopt the currency: Croatia thinks it is the most prepared at 37%, while Bulgarians and Hungarians, at 23% each, feel the least prepared.

36% of Hungarian respondents are eager to have the euro adopted as soon as possible, while 39% want to wait a bit longer. On the other hand, 14% want to put off the changeover for as long as possible, and 10% are fine with it never being adopted.

The proportion of Hungarians who oppose replacing the forint with the euro grew slightly between 2021 and 2022, from 26% to 28%.

The survey was conducted between April 20-29 in Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania, and Sweden. [444]

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Posted in European Union

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