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08 April 2010
HUNGARY: Ultra-National Jobbik Party Gaining Strength With "Bitter" Voters.
BLOOMBERG/ Hungary’s Jobbik party, which wants to get rid of free-market reforms and use armed guards to police the Roma, aka gypsy minority, has the largest support since the country abandoned communism, a projected 17% of the vote in the 11 April election. The 5-year-old party has tapped into a "bitter" voter bloc, angry with recent government cuts and resentful of the Roma. The downside is that "a strong showing by an extremist party could negatively impact tourism, the investment environment and even affect risks credit-rating agencies see in Hungary,”says analyst Gergely Boszormenyi Nagy.