Fisrt it was the Icelandic Prime Minister now the Hungarian one joins the list of leaders forced out by the economic crisis.
Ferenc Gyurcsany has announced that he considers himself a hindrance to further economic and social reforms and will make a formal announcement on Monday to the country's parliament.
Yesterday Levi Strauss announced that it would be closing its factory in the country due to falling demand with the loss of over 500 jobs.
There have been anti government protests recently with several thousand people attempting to march on Parliament last weekend being dispersed by tear gas.
The economy is expected to contract 3.5 per cent this year and Gyurcsany's attempts to sell an Eastern European package to fellow EU members in Brussels have been seveerly critised in the country.
The country recieved a $25b loan from the IMF last autumn
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