'Obstacle' Hungary PM to resign
It is truly said politics is not fit for the emotional people, and the Hungarian PM is proving himself to be just one such case of emotional overreaction.If we rely on his reaction, planned or unplanned, it can be easily guessed that he escaping from taking the burden of ailing economy, and using his emotional intelligence for the next election.
What ever be the reason but it is for sure timing is not perfect, the economy is in bad shape and the equally bad cabinet will make the things worse and people will suffer.Employment is at all time high and there is no effort from the government to create employment opportunity.
The mandate is clear, in hard time, the diaphragm of the ear need to be strong enough to bear the criticism and work for the progress.
Hungarian Prime Minister Ferenc Gyurcsany says he will stand down, as his government's popularity plummets amid the global financial crisis.
The Socialist leader, in power since 2004, told his party congress that he considered himself a hindrance to further economic and social reforms.
He is to officially notify parliament of his decision on Monday.
Badly hit by the global credit crisis, Hungary received a $25.1bn (£17bn) IMF-led loan last October.
"I hear that I am the obstacle to the co-operation required for changes, for a stable governing majority and the responsible behaviour of the opposition," he was quoted as saying on Saturday by Reuters news agency.
"I hope it is this way, that it is only me that is the obstacle, because if so, then I am eliminating this obstacle now.
"I propose that we form a new government under a new prime minister."
Mr Gyurcsany won re-election in 2006, becoming the first Hungarian premier since the end of communism in 1989 to hold on to power.
But week of riots erupted when he revealed on a leaked tape in September 2006 that he had lied about the nation's poor finances to win re-election.