Future Hungary c.bank head sets EMU roadmap

National Bank of Hungary (NBH) governor designate Zsigmond Jarai said on Feb 5., 2001, that Hungary must forge a path to join the euro zone, including two possible cuts in the monthly devaluation rate of the forint in 2001. "We should mark the route and take concrete steps, pending developments in the economy," Jarai told journalists following a confirmation hearing before the parliament's budget committee. Jarai said at the hearing that he agreed with a recent government proposal to cut the