As Hungary sinks deeper into the quagmire of neo-liberalist dogma, the outlook for the future has become increasingly bleak

Ever since the palace coup in Hungary which brought the Gyurcsany government to power, Hungary has been in a holding pattern politically pending the spring 2006 elections. As a result, a fine juggling act is being performed in order to keep interest rates, inflation, and the government deficit all in check. With the pressure of higher oil prices threatening to fumble this delicate balance, the next six months will be crucial for Hungary -- both politically and economically.

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