Hungary PM: Crisis Over In Hungary When Jobless Data Improve

BUDAPEST -- The crisis will be over in Hungary once unemployment figures start improving, Hungarian Prime Minister Gordon Bajnai said Wednesday.

"I think the worst risks of this crisis are over...but I don't think the crisis is over in Hungary until unemployment starts to shrink," Bajnai said in an interview on business news channel CNBC.

The unemployment rate in the third quarter came in higher than expected at 10.3%. Analysts expect unemployment to rise further and peak at 11.5% in the first quarter of 2010.