: unicameral
National Assembly (Orszaggyules): elections last held on 8 and 29 May
1994 (next to be held spring 1998); results - percent of vote by party
NA; seats - (386 total) MSzP 209, SzDSz 70, MDF 37, FKgP 26, KDNP 22,
FiDeSz 20, other 2
Judicial branch: Constitutional Court
Political parties and leaders: Hungarian Democratic Forum (MDF), Lajos
FUR, chairman; Independent Smallholders (FKgP), Jozsef TORGYAN,
president; Hungarian Socialist Party (MSzP), Gyula HORN, president;
Christian Democratic People's Party (KDNP), Dr. Lazlo SURJAN,
president; Federation of Young Democrats (FiDeSz), Viktor ORBAN,
chairman; Alliance of Free Democrats (SzDSz), Ivan PETO, chairman
note: the Hungarian Socialist (Communist) Workers' Party (MSzMP)
renounced Communism and became the Hungarian Socialist Party (MSzP) in
October 1989; there is still a small MMP
Member of: Australia Group, BIS, CCC, CE, CEI, CERN, EBRD, ECE, FAO,
G- 9, GATT, IAEA, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, ILO, IMF, IMO,
INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, MTCR, NACC, NAM (guest), NSG,
OAS (observer), OSCE, PCA, PFP, UN, UNAVEM II, UNCTAD, UNESCO, UNHCR,
UNIDO, UNIKOM, UNOMIG, UNOMOZ, UNOMUR, UNU, UPU, WEU (associate
partner), WFTU, WHO, WIPO, WMO, WTO, ZC
Diplomatic representation in US:
chief of mission: Ambassador Gyorgy BANLAKI (since 27 October 1994)
chancery: 3910 Shoemaker Street NW, Washington, DC 20008
telephone: [1] (202) 362-6730
FAX: [1] (202) 966-8135
consulate(s) general: Los Angeles and New York
US diplomatic representation:
chief of mission: Ambassador Donald M. BLINKEN
embassy: V. Szabadsag Ter 12, Budapest
mailing address: Am Embassy, Unit 1320, Budapest; APO AE 09213-1320
telephone: [36] (1) 112-6450
FAX: [36] (1) 132-8934
Flag: three equal horizontal bands of red (top), white, and green
@Hungary:Economy
Overview: Since 1989 Hungary has been a leader in the transition from
a socialist command economy to a market economy - thanks in large part
to its initial economic reforms during the Communist era. The private
sector now accounts for about 55% of GDP. Nonetheless, the
transformation is proving difficult, and many citizens say life was
better under the old system. On the bright side, the four-year decline
in output finally ended in 1994, as real GDP increased an estimated
3%. This growth helped reduce unemployment to just over 10% by
yearend, down from a peak of 13%. However, no
|