Hungary should not adopt the euro currency as the European Union is “disintegrating” and Hungary should not tie its fate closer to the bloc, Hungarian Prime Minister Viktor Orban said on Monday in an interview with economic news site EconomX.

Hungary, which depends for most of its trade on the 27-member bloc and has modernised its economy with billions of euros of EU funds since it joined two decades ago, does not currently meet the conditions for euro adoption.

Unlike Denmark, Hungary does not have a legal opt-out from joining the currency bloc. Some of its neighbours in the EU’s eastern wing, including Poland, the Czech Republic and Romania, also remain outside the euro area, at least for now.

In power since 2010, Orban has become an increasingly vocal critic of the EU, which has susp

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