Global financial crisis in October 2008 rose by 11.18% within the day. Germany announced a €400 billion plan. On Monday the International Monetary Fund offered possible technical and financial aid to Hungary which has suffered during the crisis due to the flight of investors to euro, Swiss franc, and dollar denominated investments. As in the rest of the world, on Monday stock prices rose on the Hungarian exchange and pressure on the national currency, the forint eased. The forint has dropped 30% against the dollar since July. The prime minister of Spain, Jose Luis Rodriguez Zapatero, announced that Spain would provide up to €100 billion of
Prime Minister of Tonga the Legislative Assembly. Prime Minister of Tonga The Prime Minister (until 1970, Premier) of Tonga heads the government of the Kingdom of Tonga ("His Majesty's government"), while the King is the official head of the executive power. The office of Prime Minister was established by the Constitution of 1875, whose article 51 stipulates that the Prime Minister and other ministers are appointed and dismissed by the King. During the 2000s, the country experienced an increase in democratization. In March 2006, King Tāufaʻāhau Tupou IV appointed Dr. Feleti Sevele, a moderate member of the Human Rights and Democracy Movement, as Prime