Summary
Its economy could contract by 6.7% this year and 0.9% in 2010, foreign debt is at record levels and the public mood very sour, but prime minister Gordon Bajnai says Hungary is turning the corner. The 41-year-old premier says the country's prospects have improved since he took over from his disgraced predecessor Ferenc Gyurcsany, who famously admitted he had lied morning, noon and night about Hungary's economy to win the 2006 election. A former financial consultant who took power with cross-party support -- he does not belong to the governing Socialist Party -- Bajnai has a full plate.
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Extract
Hungary's Leader Fights Back
Its economy could contract by 6.7% this year and 0.9% in 2010, foreign debt is at record levels and...
See the full content of this document
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