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EU backs Hungarian PM in „painful risks”

The European Commission has warned that the measures required to bring Hungary's ailing economy under control would be "obviously painful". The message came as Hungarian Prime Minister Ferenc Gyurcsány rejected Tuesday calls to resign and threatened a crackdown after riots that left 150 injured overnight. Commission spokeswoman Amelia Torres told reporters in Brussels that it is in the interests of the Hungarian economy and its people that the economic situation is "reined in and brought to relatively sustainable levels". EU commissioner and former Hungarian foreign minister László Kovács deplored the political unrest and street violence which has erupted in his homeland, calling for the implementation of the challenging economic program to ease its woes. (Napi Gazdaság)