Hungary's new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels. But with a weak economy and tight deadlines, experts warn the path will be steep.
The second point is kind of true. I remember when Germany switched from the DM to the EUR, prices almost doubled overnight because they just swapped the currency symbol without paying attention to the exchange rate.
This was true for some goods but not most. Grocery stores would list both currencies for a year and people from Poland are still crossing the border to buy groceries so it can‘t be that expensive.
The second point is kind of true. I remember when Germany switched from the DM to the EUR, prices almost doubled overnight because they just swapped the currency symbol without paying attention to the exchange rate.
This was true for some goods but not most. Grocery stores would list both currencies for a year and people from Poland are still crossing the border to buy groceries so it can‘t be that expensive.