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PM concerned over forint trading at 300 against euro.

Europe Intelligence Wire

| February 01, 2009 | COPYRIGHT 2009 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, February 1 (MTI) - Hungary's Prime Minister Ferenc Gyurcsany on Sunday voiced strong concern over the forint trading at around 300 against the euro.

Speaking at a press conference after an extraordinary session of the government in Budapest, Gyurcsany said that Hungary needed a credible roadmap for the introduction of the euro and it could be worked out by September 30.

He added that Hungary needed an economic and social programme which could lead to the adoption of the euro, instead of simply setting a target date.

"I support the quickest possible but achievable and ...

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