Ferenc Gyurcsany was formally nominated Monday as Hungary's next prime minister by President Ferenc Madl
Published:
28 September 2004 y., Tuesday
Ferenc Gyurcsany was formally nominated Monday as Hungary's next prime minister by President Ferenc Madl.
Although Gyurcsany faces a vote in parliament Wednesday to be officially confirmed, analysts say that vote is now a mere formality.
Gyurcsany, a millionaire businessmen, emerged as the favorite inside the ruling Socialist Party to replace former prime minister Peter Medgyessy who was dumped after a dispute inside Hungary's coalition government in August.
The new government has pledged to work hard to reduce Hungary's spiraling budget deficit, which analysts say could result in a financial crisis if it is not brought under control.
Most local analysts are skeptical, however, the already unpopular Socialist Party will have the political will to make painful reforms.
The government admitted earlier in September the 2004 target for a budget deficit of 4.6 percent of gross domestic product would not be met.
Šaltinis:
Big News Network.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Evacuees are allowed briefly back to their homes inside the Fukushima Daiichi exclusion zone to collect belongings.
more »
A Chilean base-jumper soars off a cliff in the Andes on a motorbike before opening his parachute.
more »
China's largest unmanned helicopter reports successful maiden flight.
more »
How certain was the U.S. Navy Seal team that it was Osama Bin Laden they shot, killed and buried at sea? According to a Florida company that makes biometric identification equipment, there's no doubt the Seals got their man.
more »
Emissions and noise-free, the world's first electric trash carts are hitting the streets of France, powered by Franco-American technology.
more »
U.S. National Security Adviser Tom Donilon says he has seen no evidence that Pakistan was aware Osama bin Laden was living in a compound in the country.
more »
Conservationists hope a new sanctuary will save Australia's declining Tasmanian Devil population.
more »
The tiny microbe could be the future of sustainable energy according to researchers in the uk. The scientists are developing autonomous robots that can generate their own power, and microbial fuel cells that can turn any organic material into electricity, could be the answer.
more »
The day's top showbiz news and headlines including Arnold Schwarzenegger lines up his next film, Justin Bieber's Japan concerts in jeopardy, and Cheryl Cole to be on U.S. "X Factor."
more »
The last combat veteran to serve in the First World War dies in Australia at 110.
more »