Hungary’s prime minister Ferenc Gyurcsany has won the general election.
The election commission projected the result after two thirds of the votes had been counted and that the socialists will win with an increased majority.
It might even mean the socialists will not need the support of their former coalition partner, the Alliance of Free Democrats.
The re-election of Gyurcsany makes history – he is now the first leader to retain power since Hungary’s return to democracy in 1989.
The main issue of the campaign has been the economy with the prime minister promising reforms if returned to power.
The man who had been hoping to stop him was Viktor Orban and his conservative Fidesz party.
He had been warning that the country faces bankruptcy if the socialists won.
But analysts say a split in the right wing vote hampered Orban’s chances.
The elections were Hungary’s first as a member of the European union.Voters have said they were putting stability at the top of their concerns.
Critics have accused recent Hungarian governments of trying to meet public aspirations, but this has produced recurring cycles of overspending, followed by financial retrenchment and austerity.
This election campaign has been no different- with both main parties making promises of jobs, lower taxes and more state subsidies.