Budapest - Hungarian President Laszlo Solyom gave a sombre New Year's address on Thursday and called on the nation to find a way out of an economic and political crisis that, for Hungary, is well into its third year.
"We stand before an uncertain and critical year, and however regrettable it may be, it is not possible to give you a traditional New Year's greeting," said Solyom.
"In just a few years, after being a model country we are now bringing up the rear," Solyom said. As he spoke, Hungary's small neighbour to the north, Slovakia, was starting the year with a new currency, the euro.