Coins of the Hungarian forint everyday circulation in 2012, with the rest of denominations following later, fulfilling the needs of Hungary's cash circulation. The official 2012 boxed set became available for collectors on 6 January 2012. Coins of the Hungarian forint Hungarian forint coins () are part of the physical form of current Hungarian currency, the Hungarian forint. Modern forint coins (this name is used to distinguish them from pre-20th century forint coinage) have been struck since 1946 and reflect the changes of post-World War II Hungarian history. After the trauma of the Second World War and the hyperinflation of the pengő the Hungarian government
Economic and Monetary Union of the European Union various previous proposals, an expert group chaired by Luxembourg's Prime Minister and Finance Minister, Pierre Werner, presented in October 1970 the first commonly agreed blueprint to create an economic and monetary union in three stages (Werner plan). The project experienced serious setbacks from the crises arising from the non-convertibility of the US dollar into gold in August 1971 (i.e., the collapse of the Bretton Woods System) and from rising oil prices in 1972. An attempt to limit the fluctations of European currencies, using a "snake in the tunnel", failed. The debate on EMU was fully re-launched at the Hannover Summit