During our guided tours we receive a lot of questions. One of the most popular questions is the following question: Is Hungary a member of the European Union. Why do people ask? If Hungary are members, why are they not using the Euro? Several other nations which joined the European Union in 2004 has already introduced the Euro in their nations, but Hungary has remained without it. The reason is that the economy is not good enough for it to be used in the nation, yet.

In 2004 after Hungary entered the European Union they had a goal of introducing the Euro from 2008, but as we all now, they did not reach that goal. From 1. January 2009 Slovakia started using the Euro as well, since 2008 Malta and Cyprus use it, and in 2007 Slovenia started using it. Time will show when Hungary joins into the Euro-club!

Forint, the currency in Hungary

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