The administration of George W Bush is well known for being awash
with former petroleum industry executives. That's fitting, some
say, for a country that slurps up more oil than any other. So
perhaps it is appropriate that one of the most overbanked countries
in Europe - Hungary - should get a banker as its new prime
minister.
Sworn in on May 27 at the head of a Socialist-led coalition
cabinet, 59-year-old Peter Medgyessy was from 1990 to 1994 the head
of the local office of Paribas,...
