Blog post

Lessons From the Euro Area

Publishing date: 21 January 2010
Authors: Zsolt Darvas

Writing in leading Hungarian business daily Világgazdaság, Resident Fellow Zsolt Darvas examines what the financial crisis has taught us about various euro-area economies and what lessons that holds for Hungary's possible accession into the euro zone. Despite the difficulties of Greece, Ireland and others, he argues, adopting the euro is still the best option for Hungary, while the Czech Republic and Poland would benefit from staying outside the euro area for a longer period.

Click here to download this comment in Hungarian.

About the authors

Zsolt Darvas

Zsolt Darvas is a Senior Fellow at Bruegel and a part-time Senior Research Fellow at the Corvinus University of Budapest. He joined Bruegel in 2008 as a Visiting Fellow, and became a Research Fellow in 2009 and a Senior Fellow in 2013.

From 2005 to 2008, he was the Research Advisor of the Argenta Financial Research Group in Budapest. Before that, he worked at the research unit of the Central Bank of Hungary (1994-2005) where he served as Deputy Head.

Zsolt holds a Ph.D. in Economics from Corvinus University of Budapest where he teaches courses in Econometrics but also at other institutions since 1994. His research interests include macroeconomics, international economics, central banking and time series analysis.

Personal website: https://www.darvas.online/