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.
I think you are not understanding my point. Currently these banks are offering higher interests on accounts in the national currency than accounts in a foreign currency. Why should that change with the introduction of the Euro?
PS: Banks are also not handing out anything for free, what they hand out, they charge elsewhere and then some.
I think you are not understanding my point. Currently these banks are offering higher interests on accounts in the national currency than accounts in a foreign currency. Why should that change with the introduction of the Euro?
PS: Banks are also not handing out anything for free, what they hand out, they charge elsewhere and then some.
Why wouldn’t they change?
Now:
Czech bank gives 4% on CZK
Dutch bank gives 1.5% on EUR
After:
Czechia introduces EUR: they will also switch to 1.5%