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3/22/09

Telegraph: Hungary's prime minister Ferenc Gyurcsany resigns - by Colin Freeman

For the complete report from the Telegraph click on this link

Hungary's prime minister Ferenc Gyurcsany resigns- by Colin Freeman

Ferenc Gyurcsany, of the ruling Socialists, made the unexpected announcement at his party's congress, keeping a pledge he made in January last year to step down if his party's popularity failed to recover. It leaves him as one of the first major political casualties of the ongoing economic downturn, which has hit particularly hard in Eastern Europe. Last month Latvia’s centre-right government resigned after widespread street protests at alleged economic mismanagement.

Fidesz, the main centre-right opposition party, said it would propose holding early elections. "The Socialist government is the country's disgrace and early elections are in the country's interest," said the Fidesz party, led by former Prime Minister Viktor Orban.

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