Hungary awaits new Prime Minister

Hungary awaits new Prime Minister Prime Minister Ferenc Gyurcsany on
Tuesday evening suggested three academician, former central bank
governor Gyorgy Suranyi, former head of the Hungarian Academy of
Sciences Ferenc Glatz and head of the GKI economy research institute
Andras Vertes.He added, "certainly get the support needed to become
Hungary's next prime minister."

Prime Minister Ferenc Gyurcsany saidI hear that I am the obstacle to
the cooperation required for changes, for a stable governing majority
and the responsible behavior of the opposition“If so, then I am
eliminating this obstacle now. I propose that we form a new government
under a new prime minister

Hungary, in ballooning budget deficit, which rose to 9.3 percent
of the gross domestic product in 2006, left the country burdened with
debt, roughly a third of which was in foreign currencies. Hungary was
one of the severe-hit countries capital exit to flee emerging
markets.Hungary government was forced to turn to the International
Monetary Fund, the World Bank and the European Union for a $25 billion
rescue package.

Socialist leader Ildiko Lendvai said three candidates had given their
preliminary approval to being nominated and they only need to make a
final decision if they also get the parliamentary majority support.The
Socialist negotiating delegation will start talks with the party's
parliamentary group and the opposition Free Democrats about the
candidates.Lendvai said, Only that person can become Prime Minister
who gets the backing of both the Socialists group and the Free
Democrats, she added the first round, the negotiating partners will
only be expected to say if they would be unwilling to work together
with any of the candidates, Lendvai said.

Fidesz narrowly lost the 2002 elections to the Hungarian Socialist
Party, by 41.07% to the Socialists' 42.05%. Fidesz had 169 members of
the Hungarian National Assembly, out of a total of 386.Fidesz says
that we shall work for the dissoultion of the parliament and to call
for early elections insetad of new Prime Ministeras the socialist have
lost on the floor of lower house.Fidesz took its current name, "Fidesz
– Hungarian Civic Union".It was the most successful party in the 2004
European Parliamentary Elections, gaining 47.4% of the vote and
electing 12 MEPs including Lívia Járóka, the second Roma MEP.Some
consider[citation needed] the election of Dr. László Sólyom as the new
President of Hungary as the most recent success of the party.

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