Hungary’s ruling party set for local poll boost / Hungary’s centre-right tightens grip on power

Hungary’s ruling Fidesz party appeared on track for a resounding victory in municipal elections held on the 3 October 2010, which investors hope will embolden the Prime Minister, Viktor Orban, to unveil ambitious budgetary reforms.

The centre-right Fidesz party won an unprecedented two-thirds majority in national elections in April 2010, but had delayed laying out its plans for the 2011 budget until after the municipal polls.

ESO: Background information: Hungary agrees to cut budget deficit http://www.europeansources.info/record/hungary-agrees-to-cut-budget-deficit/

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