Millionaire chosen to lead Hungary
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BUDAPEST Hungary&#39;s ruling Socialist Party on Wednesday chose Ferenc Gyurcsany, a charismatic millionaire, to be the country&#39;s new prime minister.
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Hungarian Prime Minister Ferenc  Gyurcsany looked set to win a confidence vote on Friday despite  facing a rally in the capital Budapest and protests by farmers  in the countryside.
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Romanians chose a president Sunday, picking between a former ship's captain with a populist message and a political veteran embodying the communist past, with both promising to lead the east European country out of poverty and into the European Union.
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Another big crowd gathered in Budapest, Hungary Sunday calling for the country's millionaire Socialist prime minister to step down.Comment
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The European Union today selected Dominique Strauss-Kahn to head the International Monetary Fund.
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Lithuania's established parties closed ranks against a populist party led by a Russian-born millionaire as difficult negotiations got underway on forming a left-right &quot;rainbow&quot; coalition.
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By David ChanceBUDAPEST - Hungarians may rise up against the government and even overthrow parliamentary democracy unless Prime Minister Ferenc Gyurcsany steps down, a senior figure in the main opposition ...Comment
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VILNIUS : Lithuania&#39;s established parties closed ranks against a populist party led by a Russian-born millionaire as difficult negotiations got underway on forming a left-right &quot;rainbow&quot; coalition.
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The man picked to take over as Hungary's prime minister, Ferenc Gyurcsany, will have to convince voters that joining the euro is worth making sacrifices for.
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The winner of Romania&#39;s presidential election, opposition leader Traian Basescu, now has the task of steering his country into the European Union and of tackling endemic corruption.
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Ferenc Gyurcsany will replace Peter Medgyessy, who resigned on Wednesday, and is expected to be approved by parliament in early September.
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Hungary's Prime Minister won the backing of members of parliament from the smaller coalition party, the Free Democrats, on Wednesday, ensuring he will easily win Friday's confidence vote.
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The Rochester Business Alliance and Greater Rochester Enterprise, along with the city and county, are hosting a contingent of Hungarian business leaders.
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Hungarian Prime Minister Ferenc Gyurcsany, who has come under intense pressure to quit after admitting he lied to voters, won a confidence motion convincingly in parliament on Friday.
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Millionaire businessman Ferenc Gyurcsany has been nominated by Hungary&#39;s ruling Socialist Party as the next premier, Kossuth Radio said Wednesday.
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VILNIUS : A party led by a Russian-born millionaire won the most votes in the first round parliamentary elections in Lithuania, but apparently not enough to form a government on its own, initial results showed.
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Mr Zatlers has headed several medical organisations The Latvian parliament has elected a leading medical doctor, Valdis Zatlers, as the Baltic state's next president. via BBC Europe Edition