Hungary's future finance chief signals euro delay

Hungary's future finance minister signalled on Thursday 8 January that the country's 2008 target for joining the eurozone may have to be delayed, a day after poor deficit data forced his predecessor's resignation.

Cabinet chief Tibor Draskovics, appointed on Wednesday 7 January by Prime Minister Peter Medgyessy to take the key finance post, told news agency MTI that the country's plan to meet European Union rules for membership in the eurozone needed revision.

Speaking less than four months be