9/30/22, 1:32 PM
Budapest Lectures, MCC Budapest Summit
The war in our neighboring country has turned the financial world upside down. As a result, the foreign exchange market developments became today’s dominant issue. The dollar has been strengthening spectacularly, recently reaching a 20-year high, while the euro has hit an all-time low. During MCC Budapest Lectures on "Will the war kill the euro?", the participants found out which currencies could be affected by a possible currency crisis and how the future of the eurozone could develop. In addition, an interesting discourse was held on the arguments for and against leaving the euro area. It was the opening event of MCC Budapest Summit ont he Economic Consequences of the War, which was a two-day long international conference.