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9/19/06

portfolio.hu - Political turmoil in Hungary makes short-term outlook very uncertain


For the complete report in portfolio.hu click on this link

Political turmoil in Hungary makes short-term outlook very uncertain

Hungarian Prime Minister Ferenc Gyurcsány's self-critical speech - recorded in a closed Socialist Party conference in late May (a month after general elections) - was released during the weekend.

In this speech freckled with obscenities the PM admitted that his government had been lying for 1.5-2 years before the elections, and the Socialist-Liberal government coalition did nothing to be proud of in the 2002-2006 period.

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