Hungarian anti-government protest continues without violence


Hungarian anti-government demonstrations continued peacefully for a seventh day yesterday, even as the largest crowd of a week marred by riots gathered in downtown Budapest and a protest leader predicted violence. Protesters, estimated at 25,000 by the state-run news agency MTI, called for the resignation of Prime Minister Ferenc Gyurcsány and new election in a demonstration in front of parliament. Speakers included a vice president of the largest opposition party Fidesz. The demonstration was peaceful for a third consecutive night. Earlier this week, the most sustained street violence since Soviet tanks crushed an anti-communist uprising in 1956 left more than 260 people injured and about 200 were arrested. The crowd was dispersing by 1:20 a.m. in Budapest. Kemal György Ekrem, who identified himself as a spokesman for the demonstration, said the protesters were ready to take radical and violent measures to force Gyurcsány’s resignation. The demonstrations and riots began Sept. 17, when media got hold of a tape recording in which Gyurcsány said his government had lied about the state of the economy to win elections in April. Gyurcsány has rejected calls to resign and said he will stand firm by austerity measures needed to cut Europe's largest budget deficit in comparison with the size of the economy. (Bloomberg)


Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Orbán orders large firms to cede 'extra profits' to state fu... Government

Orbán orders large firms to cede 'extra profits' to state fu...

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.