Hungarians like the euro: 66 percent of them support the idea of replacing their forint with it. The rest of the world likes it, too: Global international reserves in the common currency are at the highest level since 2015. So it seems like an odd time for Gyorgy Matolcsy, a governor of the Hungarian Central Bank, to write an op-ed in the Financial Times denouncing the euro as a mistake. Matolcsy’s attack, however, should be seen as a clever provocation rather than as advocacy of the European currency’s abolition.

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