Hungary

Hungarian parliament initiates vote of no confidence in PM

Hungarian parliament initiates vote of no confidence in PM Budapest - Hungary's parliament on Tuesday initiated a constructive vote of no confidence against Socialist Prime Minister Ferenc Gyurcsany.

The motion, signed by 92 members of parliament, calls for the replacement of Gyurcsany with current Economy Minister Gordon Bajnai.

Subject to approval by a parliamentary committee, the vote should be held on April 14.

The move is in line with a plan announced by Gyurcsany himself at a party conference on March 21.

Opposition politicians attacked in Hungary

Opposition politicians attacked in Hungary Budapest - Hungary's European Parliament election campaign season got off to a rocky start in Hungary when two politicians from the centre-right opposition party Fidesz were roughed up while pamphleteering, the party reported Tuesday.

A security guard allegedly grabbed local councillor Katalin Gubicza by the neck and threw her out as she and a male colleague tried to drop leaflets into letter boxes in a tenement house.

Eggs sales double over Easter in Hungary, producers still worried

Eggs sales double over Easter in Hungary, producers still worried Budapest - Demand for eggs is set to outstrip supply in Hungary as millions are being bought in the run up to Easter, a local financial paper reported on Tuesday.

The Hungarian Poultry Produce Council estimates that around 100 million eggs per week - or ten for every Hungarian - will be bought in the run up to Easter.

This is roughly double the normal level of consumption, already among the highest in the world at around 300 eggs per Hungarian per year.

Austria's OMV sells stake in Hungarian oil and gas group MOL

Austria's OMV sells stake in Hungarian oil and gas group MOL Vienna  - Austria's leading oil and gas group OMV AG announced Monday it has ended its involvement with Hungarian counterpart MOL plc by selling its 21.2-per-cent stake to the Russian company Surgutneftegas OJSC.

The shares were sold for 1.4 billion euros (1.86 billion dollars), OMV said in a statement, calling the deal a "logical step" after the company ended its unsuccessful bid to take over MOL last August.

Hungary has candidate for premier after crucial nod from opposition

Hungary has candidate for premier after crucial nod from opposition Budapest  - Economy Minister Gordon Bajnai was on course to become Hungary's prime minister on Monday morning when leaders the opposition Free Democrats voted shortly after midnight to back his nomination.

Bajnai was endorsed by the governing Socialist Party on Sunday evening after a lengthy day of debate.

On Sunday evening he held talks until close to midnight with the Free Democrats, whose support the Socialists need.

ROUNDUP: Prime Minister Gyurcsany quits as Socialist Party leader

Prime Minister Gyurcsany quits as Socialist Party leaderBudapest - Prime Minister Ferenc Gyurcsany quit as head of the Hungarian Socialist Party on Saturday, after nominating Minister for Economy and Development Gordon Bajnai to lead an interim government.

Speculation has been rife over who will be Hungary's new prime minister since Gyurcsany said at his party's congress on March 21 that he would step aside to make way for a new government with a new leader.

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