Hungary

Former Hungarian finance minister says no to prime minister's job

Former Hungarian finance minister says no to prime minister's job Budapest - Former Hungarian finance minister Lajos Bokros said Saturday that he was not prepared to accept the job of Hungarian prime minister.

"I am insulted by the notion that I would lend my reputation and credibility to a programme in whose success I have no faith," Bokros said

The economics professor was speaking at the opening of the European Parliament election campaign of the Hungarian Democratic Forum, a minor conservative opposition party for which he is standing.

ROUNDUP: Socialist party divided over Lajos Bokros for premier

Socialist party divided over Lajos Bokros for premier Budapest - Hungary's Socialist Party was divided in two on Friday evening over the nomination of Finance Minister Lajos Bokros for prime minister, the state news agency MTI reported.

Bokros is backed by one faction of the party while the other prefers Electrolux Hungary boss Janos Takacs, nominated by Prime Minister Ferenc Gyurcsany in the morning.

The liberal Free Democrats, whose support the minority Socialist government needs, said Bokros was the only candidate acceptable to them.

1ST LEAD: Fraught negotiations over new Hungarian prime minister

Fraught negotiations over new Hungarian prime ministerBudapest - Hungary's Socialist Party leadership met Friday to discuss the possibility of backing former finance minister Lajos Bokros as the leader of an interim government.

The meeting was called after the liberal Free Democrat party rejected Hungarian Prime Minister Ferenc Gyurcsany's nomination of Electrolux Hungary boss Janos Takacs as his replacement, the daily newspaper Nepszabadsag reported.

New nominee in Hungary's search for replacement prime minister

New nominee in Hungary's search for replacement prime minister Budapest - Hungarian Prime Minister Ferenc Gyurcsany has nominated Janos Takacs, the CEO of Electolux Hungary, as a his replacement, the news agency MTI reported on Friday.

Takacs, a former financial director of IBM Hungary, would neither confirm or deny whether he had been asked to consider the position.

"It would be a greater honour and I would at least consider it," Takacs told the Hungarian state news agency MTI.

Hungarian regulator imposes record fine on Soros investment firm

Hungarian regulator imposes record fine on Soros investment firm Budapest  - Hungarian-born billionaire financier George Soros said he was "sincerely sorry" over a share deal for which his New York-based fund management company was fined over two million dollars for breaking Hungarian regulations.

"The case is especially upsetting to me because of my close personal attachment to Hungary," Soros said in a statement sent to the Hungarian news agency MTI late Thursday evening.

Leading candidate says no to Hungarian prime minister's job

Leading candidate says no to Hungarian prime minister's job Budapest - Gyorgy Suranyi said on Thursday that he should not be considered a candidate for Hungary's prime minister.

In an interview in Brussels, the 55-year-old region head of Italian banking group Intesa SanPaolo told the Hungarian daily newspaper Nepszabadsag that it was clear he did not have the backing of all political parties.

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