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Economy / Hungary

Hungary

November 2011 | Ratings Update

A new political party was formed in Hungary in late October called the Democratic Coalition, which will be led by former Prime Minister Ferenc Gyurcsany. The party forms a breakaway from the Hungarian Socialist Party (MSZP). While Fidesz has been losing support in recent months, it remains the most popular party in Hungary. This is partly the result of a weak and fragmented opposition, with the MSZP blamed for Hungary's ongoing economic malaise. A new centre-left party could capitalise on MSZP's weaknesses and become a more credible opposition to

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