BUSH MEETS HUNGARIAN LEADERS

President Bush met with Hungary's leaders yesterday in talks aimed at dramatizing US support for reforms undertaken by the most liberal communist regime in Eastern Europe. Bush will grant permanent ``most favored nation'' trade status to Hungary and establish a $25 million development fund for the communist country, his chief of staff said yesterday.

He planned to outline a package of investment and trade incentives for Hungary in a speech later in the day at Karl Marx University, and to meet with student critics of the government.