Hungary Sticks to Meeting Euro Criteria by 2030 Despite Deficit

Hungary says it still plans to meet the criteria to join the euro by 2030, despite a budget stretched by the previous government and worsened by the summer’s drought and energy crises. The Finance Minister highlighted the fiscal drag from these headwinds, implying more pressure on policy to satisfy euro-entry benchmarks. Overall, the news is cautious but not an immediate catalyst for market-wide repricing.