What To Expect From Fidesz

The successful passage of 2010's state budget in Hungary's parliament on November 30, which was the last key test for the government of Prime Minister Gordon Bajnai, marked the end of a year of elevated political risk in the central European economy. Indeed, Hungary's underlying risk profile has suffered considerably since the sudden resignation of Prime Minister Ferenc Gyurcsany on March 21, with the resulting uncertain legislative climate compounding international investors' concerns over the government's ability to address the economic and financial market maelstrom engulfing the country. With the budget now passed, we turn our attention to 2010's parliamentary election.

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