1989年10月，匈牙利社会主义工人党第十四次（非常）代表大会通过决议，将党的名称改为“匈牙利社会党”。
数年来的管理不善加上社会党未能尽量节约公共开支或是减轻巨大的养老金负担，这些已经使匈牙利的经济处在崩溃的边缘。
Years of mismanagement and the Socialists' failure to trim public spending enough, or to reduce a huge pension burden, have left Hungary's economy on the edge of meltdown.
而过去八年统治匈牙利的社会党则遭遇了尊严扫地的挫败。
The Socialists, took govern Hungary for the last eight years, suffered a humiliating defeat.
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