Hungary's Jarai sceptical of 2010 euro accession

The president of the Hungarian central bank, Zsigmond Jarai, said on Thursday 25 November that a persistently high public deficit could ruin Hungary's chances of joining the eurozone by 2010.

"If everything goes on as it went in the past two years then there's no chance to decrease the budget deficit," Jarai said at a press conference in Budapest. "In the last two years we postponed the euro introduction by four years, so I hope we will not continue (to do) that," he said.

"The worst the countr