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Hetmantsev tells when euro could start circulating in Ukraine

It is too early to talk about the introduction of the euro into circulation in Ukraine before 2035.

This was stated in an interview with Ukrainian News Agency by Danylo Hetmantsev, a member of the Verkhovna Rada from the Servant of the People faction, chairman of the parliamentary committee on finance, tax and customs policy.

"Therefore, it is too early to talk about it for sure, and even if we join the European Union, we will be able to talk about it no earlier than 2035. This is such a, you know, fairy-tale scenario that in 2035 the euro will appear in Ukraine," the MP said.

He emphasized that even if we join the EU, the start of the euro in circulation in Ukraine is not mandatory.

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Hetmantsev gave the example that Poland, the Czech Republic, Hungary, Bulgaria, Romania are in no hurry to switch to the euro, and Denmark agreed not to give up its own currency when joining the EU.

Sweden held a referendum in which people rejected the euro and the issue "hangs", he noted.

The MP also said that only during the transition period is the simultaneous circulation of the national currency (hryvnia) and the euro possible.

As Ukrainian News Agency earlier reported, Hetmantsev assures that there are no plans to increase taxes in 2025.

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