Protests as Hungary PM sworn in

[muriel_volestrangler]

Source: BBC

Several thousand people have been protesting in the Hungarian capital Budapest, over the appointment of a new prime minister, Gordon Bajnai.

Police said protesters threw objects and tried to break through fencing surrounding the parliament building.
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A group of protesters on motorbikes drove into a police cordon and police used tear gas as hundreds of people broke through metal fences.
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Mr Bajnai has promised to implement tough austerity measures to tackle the country's grave economic problems.

Read more: http://news.bbc.co.uk/1/hi/world/europe/7999289.stm

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He is indeed an austerity PM:

Mr. Bajnai will head a government facing an economy in a severe recession, rising unemployment, a deeply depreciated currency, a dissatisfied electorate and a fragile majority in Parliament. The economy is also being kept afloat by a $25.1 billion loan package led by the International Monetary Fund.
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Mr. Bajnai's austerity program will aim to keep the budget deficit below 3% of gross domestic product and to kick-start economic activity. Hungary's economy has been forecast to shrink by around 5% this year
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"The most important task of the new finance minister will be to preserve the fiscal balance... and to draw up a new tax system," which will be simpler than the current one and will help boost the economy, Mr. Bajnai said in his speech.
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Mr. Bajnai accepted the nomination on the condition that lawmakers sign on to his program before voting him in. The new prime minister's program envisages deep cuts in social spending -- including pensions, family allowances, state subsidies on household energy, public transport and mortgages.

http://online.wsj.com/article/SB123975003575718571.html