Conservatives win Hungary elections

Viktor Orban and his center-right Fidesz party have won Hungary's runoff parliamentary elections with the two-thirds of majority.

With nearly all the votes counted, Fidesz, led by charismatic Viktor Orban, won 263 seats, above the 258 needed for the two-thirds majority, ousting the Socialists after eight years in power.

Orban is now set to become prime minister and will have the power to make deep structural reforms, and even change the constitution. He has promised to create jobs, lower taxes and reduce bureaucracy to boost the economy. Hungary is among the hardest hit by the world recession.

In late 2008 it was forced to approach the International Monetary Fund for $25 billion in emergency financing. Unemployment has soared to 11.4 percent and the economy contracted by 6.3 percent last year.

The strong mandate should enable Orban, 47, to follow through on his pledge to streamline the government bureaucracy, grant citizenship to ethnic Hungarians living in neighboring countries and cut the number of parliamentary deputies in half.

But analysts warned that the overwhelming majority also meant that the government could face a backlash from voters if it fails to deliver on its promises of leading the country out of recession.

Source: PressTV.
Link: http://www.presstv.ir/detail.aspx?id=124449§ionid=351020606.