Hungary set to delay eurozone entry

The Hungarian government is likely to delay the country's euro entry by one or two years from the original target of 2008, finance minister Tibor Draskovics said on Thursday 1 April.

The government is planning to announce the results of a policy review in May.

Hungary, which is joining the European Union in that month, has pursued a concerted effort of early entry into the eurozone, but the government's weak finances has prompted questions over the target date early this year.

Mr Draskovics was