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Greece Backs Hungary's Eurozone Bid

Pierakakis in Budapest: Greece Supports Hungary’s Eurozone Bid

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Greek Finance Minister Kyriakos Pierakakis, speaking in Budapest on 26 June 2026, welcomed Hungary’s commitment to meeting the criteria for future euro adoption. Following meetings with Hungarian Prime Minister Péter Márton and Finance Minister András Kármán, Pierakakis emphasized strong Greek and Eurogroup support for Budapest’s ambitious economic convergence efforts.

A Shift Toward the European Core

Pierakakis described Hungary’s decision to join the eurozone as a strategic move “from the periphery of European development toward the core of European decision-making”—a shift he said reflects not only national progress but also a broader evolution of Europe itself. He characterized the path to euro adoption as “demanding yet deeply transformative,” reaffirming that the Eurogroup stands ready to provide technical expertise and guidance throughout the process.

Renewed Engagement with Europe

The visit comes amid a period of renewed outreach by Hungary’s new government, which has made gradual eurozone preparation a top strategic priority. As President of the Eurogroup, Pierakakis underscored political backing for Hungary’s European course and stressed that deeper economic convergence benefits both Hungary and the EU as a whole.

Historical Context and Shared Vision

In remarks at a joint press conference with Prime Minister Márton, Pierakakis recalled the 2003 Treaty of Accession signed in Athens—under the Acropolis—that brought Hungary into the European Union. He highlighted that moment as a symbol of Europe’s enduring strength: unity in diversity, shared values, and a common future. “A wind of change is blowing from Hungary. We are here to support this ambitious effort,” he stated.