It’s time to start calling the current situation what it is: a depression. True, it’s not a full replay of the Great Depression, but that’s cold comfort. Unemployment in both America and Europe remains disastrously high. Leaders and institutions are increasingly discredited. And democratic values are under siege. On that last point, I am not being alarmist. On the political as on the economic fron
It also comes from his place in Hungarian history. Twenty-two years ago, the then student leader electrified a Budapest crowd by telling the Russians to go home, the Red Army to get out of Hungary — a risky act that brought the sweetest of victories. Tonight brought another historic milestone when Orbán occupied centre stage at ceremonies in Budapest as the first Hungarian prime minister to presid
The European Union seems happy to ignore the repression that is happening under Viktor Orbán All sides agreed that there should be no fuss when Hungary's Viktor Orbán took over the presidency of the European Union yesterday. The EU's technocrats would allow Orbán to play the big guy on the international stage, as long as he let Brussels run Europe behind the scenes. Brussels assured Orbán's rightw
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Page last updated at 02:08 GMT, Monday, 12 April 2010 03:08 UK Hungary's conservative opposition party, Fidesz, has secured a convincing victory in parliamentary elections, ousting the Socialists. Fidesz leader Viktor Orban said Hungarians had voted "to defeat hopelessness". The far-right Jobbik party, which capitalised on anti-Semitism and anti-Roma sentiment, will enter parliament for the first
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