Hungary's new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels. But with a weak economy and tight deadlines, experts warn the path will be steep.

Hungary's premier-in-waiting, Peter Magyar, is keen to secure a return to the European Union mainstream and is moving quickly to mend fences.

Part of that mission is a plan to have the country ready to join the euro by the end of the decade.

Some, including the governor of the central bank, suggest that timeframe could be overly ambitious, given that outgoing Prime Minister Viktor Orban will hand over a sluggish economy and a fiscal mess.

But if euro accession is approached in the right way, Hungary could see significant benefits.