United States. Central Intelligence Agency

“ The private sector accounts for over 80% of GDP. Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment totaling more than $23 billion since 1989. Hungarian sovereign debt was upgraded in 2000 to the second-highest rating among all the Central European transition economies. Inflation has declined substantially, from 14% in 1998 to 4.7% in 2003; unemployment has persisted around the 6% level. Germany is by far Hungary's largest economic partner. ”

“ Economy Hungary Economy - overview: Hungary has made the transition from a centrally planned to a market economy, with a per capita income one-half that of the Big Four European nations. Hungary continues to demonstrate strong economic growth and joined the European Union in May 2004. ”

“ Ferenc MADL elected president; percent of legislative vote - NA% (but by a simple majority in the third round of voting) ; Ferenc GYURCSANY elected prime minister; percent of legislative vote - 197 to 12
note: to be elected, the president must win two-thirds of legislative vote in the first two rounds or a simple majority in the third round
elections: president elected by the National Assembly for a five-year term; election last held 6 June 2000 (next to be held by June 2005) ; prime minister elected by the National Assembly on the recommendation of the president ”