I mean, Hungary is one of those countries that haven’t made the switch to Euro (for perspective: both Bulgaria and Croatia adopted it) despite them being a member state. I know that HUF isn’t strong (1€ = Ft 388, as of writing) but by having Euros: does your PPP increase a lot when visiting Hungary as a tourist?

I’ve heard that HUF is volatile as it inflates like crazy since it’s weak against the Euro. Also, for Hungarians: does it mean visiting neighboring countries is expensive since most use Euro when you take purchasing power into account? The exchange rate isn’t favorable for them as they would need to pay more.

  • SilentStriker@piefed.socialOPEnglish
    0·
    14 days ago

    Orbán turned the country into shit, along with 27% VAT!!! I wonder why they have the highest rate behind Finland (but at least for Finland, 25% VAT is actually being used properly as it’s funding social services) but can the same be said for Hungary with the highest taxes in the EU? Where’s all that money going to? (Putting it in his pocket…)