Budapest - Hungary's Prime Minister Ferenc Gyurcsany announced on Tuesday evening that the Socialist Party leadership had drawn up a shortlist of three potential candidates for his replacement.
He named the banker and former finance minister Gyorgy Suranyi, the historian and former head of the Hungarian Academy of Sciences Ferenc Glatz, and Andras Vertes, head of the economic research
institute GKI.
"The MSZP leadership recommends that official consultations should begin with and about these three candidates," Gyurcsany said.
Budapest - Hungary was awash on Tuesday with speculation over who will fill Prime Minister Ferenc Gyurcsany's shoes if, as promised, he departs on April 14.
Gyurcsany announced on Saturday that he would step down to allow a new leader with broader popular and political support to tackle Hungary's ever deeper financial crisis.
His governing Socialist party continued talks with its former coalition partner, the liberal Alliance of Free Democrats, and also met the conservative Hungarian Democratic Forum.
Budapest - The Hungarian National Bank opted to maintain its high base rate of 9.5 per cent at a meeting of its Monetary Policy Council on Monday.
The bank said in a statement that the decision was a response to worsening economic conditions and a need to maintain stability and the value of the national currency.
The decision was announced after a morning of wild swings in the value of the forint, when it weakened to 307 against the euro before firming slightly.
This volatility came two days after Prime Minister Ferenc Gyurcsany's surprise announcement that he was ready to step down.
Budapest - British Petroleum (BP) plans to set up a service centre in Budapest that could create about 1,000 new jobs, Hungary's Minister for Development and Economy, Gordon Bajnai, said Monday.
Bajnai noted that, although some 30,000 jobs have been lost in Hungary since October, around 12,000 new jobs had been created, the state news wire MTI reported.
Vodafone and IBM have both recently announced new service centres to be opened in Hungary.
Budapest - Hungarian Prime Minister Ferenc Gyurcsany announced his resignation on Saturday, saying a new government with a new leader was needed to tackle his country's economic meltdown.
Hungary's main opposition party, Fidesz, promptly repeated its call for early elections, announcing that it plans to present a motion to dissolve parliament on Monday. If that motion is carried, it would complicate Gyurcsany's goal of passing his position on to another member of his party.
Budapest - Hungarian Prime Minister Ferenc Gyurcsany announced his resignation on Saturday, saying a new government with a new leader was needed to tackle his country's economic meltdown.
Hungary has been particularly hard hit by the global recession and Gyurcsany has seen his personal popularity hit a rock bottom of 18 per cent - the lowest for any Hungarian premier since the fall of communism.
At a congress of his Hungarian Socialist Party (MSZP) in Budapest, the deeply unpopular premier spoke of the need for a wider social consensus to tackle the crisis.
Budapest - Hungary's Prime Minister Ferenc Gyurcsany announced on Tuesday evening that the Socialist Party leadership had drawn up a shortlist of three potential candidates for his replacement.
Budapest - Hungary was awash on Tuesday with speculation over who will fill Prime Minister Ferenc Gyurcsany's shoes if, as promised, he departs on April 14.
Budapest - The Hungarian National Bank opted to maintain its high base rate of 9.5 per cent at a meeting of its Monetary Policy Council on Monday.
Budapest - British Petroleum (BP) plans to set up a service centre in Budapest that could create about 1,000 new jobs, Hungary's Minister for Development and Economy, Gordon Bajnai, said Monday.
Budapest - Hungarian Prime Minister Ferenc Gyurcsany announced his resignation on Saturday, saying a new government with a new leader was needed to tackle his country's economic meltdown.
