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György Matolcsy
György Matolcsy (born 18 July 1955, Budapest) is a Hungarian politician and economist, current governor of the Hungarian National Bank (MNB). He also served as Minister of Economy (2000–2002) during the first cabinet of Viktor Orbán and Minister of National Economy (2010–2013) in the Second Orbán Cabinet. Career In 1977, he graduated from the Faculty of Economics of Corvinus University of Budapest, at that time known as the Karl Marx University of Economics and Industry, and in 1981 received a PhD in economics from the same institution, the only university in Hungary before the fall of Communism where one could graduate from economics. He worked as an expert in economic institutions. In 1990 he became for a brief period of parliamentary secretary in the Prime Minister József Antall period. In 1991-1994 he was a representative of the Hungarian Government, the European Bank for Reconstruction and Development in London, including a deputy director in the period 1991- ...
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Hungarian National Bank
The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). The Hungarian National Bank was established in 1924 and succeeded the Royal Hungarian State Bank, which introduced the Hungarian forint on 1 August 1946. The Hungarian National Bank lays special emphasis on its international relations and on participation in the professional forums of international economic institutions and financial organisations (EU, IMF, OECD, BIS). Its principal aim is price stability, but it is also responsible for issuing the national currency, the forint, controlling the money in circulation, setting the Central Bank base rate, publishing official exchange rates, and managing the foreign-exchange reserves and gold to influence exchange rates. Operations The Governor of the Hungarian National Bank is appointed by the President of Hungary at the proposal of the Prime Minister for a six-year term. The ...
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József Antall
József Tihamér Antall Jr. ( hu, ifjabb Antall József Tihamér, ; 8 April 1932 – 12 December 1993) was a Hungarian teacher, librarian, historian, and statesman who served as the first democratically elected Prime Minister of Hungary, holding office from May 1990 until his death in December 1993. He was also the leader of the Hungarian Democratic Forum from 1989. Early life and education József Tihamér Antall de Dörgicse et Kisjene was born to an ancient Hungarian family from the lower nobility in Budapest on 8 April 1932. His father, József Antall Sr., a jurist and civil servant, worked for the government in several ministries. Antall Sr. coordinated the first living wage calculations in Hungary, and he was a founding member of the Independent Smallholders' Party (1931). During World War II, he presided over the government committee for refugees. After the German occupation of Hungary he resigned; later he was arrested by the Gestapo. After the war, he became minister ...
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Governors Of The Hungarian National Bank
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin wo ...
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Hungarian Economists
Hungarian may refer to: * Hungary, a country in Central Europe * Kingdom of Hungary, state of Hungary, existing between 1000 and 1946 * Hungarians, ethnic groups in Hungary * Hungarian algorithm, a polynomial time algorithm for solving the assignment problem * Hungarian language, a Finno-Ugric language spoken in Hungary and all neighbouring countries * Hungarian notation, a naming convention in computer programming * Hungarian cuisine Hungarian or Magyar cuisine is the cuisine characteristic of the nation of Hungary and its primary ethnic group, the Magyars. Traditional Hungarian dishes are primarily based on meats, seasonal vegetables, fruits, bread, and dairy products. ..., the cuisine of Hungary and the Hungarians See also * * {{disambiguation Language and nationality disambiguation pages ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1955 Births
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18– 20 – Battle of Yijiangshan Islands: The Chinese Communist People's Liberation Army seizes the islands from the Republic of China (Taiwan). * January 22 – In the United States, The Pentagon announces a plan to develop intercontinental ballistic missiles (ICBMs), armed with nuclear weapons. * January 23 – The Sutton Coldfield rail crash kills 17, near Birmingham, England. * January 25 – The Presidium of the Supreme Soviet of the Soviet Union announces the end of the war between the USSR and Germany, which began during World War II in 1941. * January 28 – The United States Congress authorizes President Dwight D. Eisenhower to use force to protect Formosa from the People's Republic of China. February * February 10 – The United States Sev ...
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The Budapest Beacon
''The Budapest Beacon'' was an online newspaper that reported on current events in Hungary. It was published by United States-based Real Reporting Foundation, a news organization. Online presence In July 2014, Hungarian news portals reported that ''The Budapest Beacon'' planned to launch a Hungarian-language news website that September. The newspaper was often critical of the Fidesz government. A number of Hungarian and international media outlets have reported on Hungarian events using content attributed to ''The Budapest Beacon'', including ''The Jerusalem Post'', the ''GlobalPost'', ''Catholic World News'', Xplatloop.com, and Politics.hu, ''The Budapest Times'', Mandiner.hu, ''Der Standard'', and Gawker, Foreign Policy, ''The Washington Post'', and ''Haaretz''. Defunction The online newspaper ceased publication on 13 April 2018. See also *List of newspapers in Hungary The number of national daily newspapers in Hungary was 21 in 1950 and it increased to 40 in 1965. In 1 ...
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Raiffeisen Bank International AG
Raiffeisen Bank International (RBI) is an Austrian banking group and a central institution of the Raiffeisen Banking Group Austria (RBG). The bank is listed on the Vienna Stock Exchange, with RBG's regional banks its major shareholders. RBI was a subsidiary of Raiffeisen Zentralbank (RZB Group) until March 2017, when it reverse-merged with RZB into one unified company. Due to its size, the bank was supervised by the European Central Bank as one of the 126 banking groups. History Formerly a subsidiary of Raiffeisen Zentralbank, Raiffeisen Bank International operates a banking network mainly in Central and Eastern Europe, although also maintains operations in Western Europe. Seventeen markets are covered by subsidiary banks, leasing companies, and representative offices. At the end of 2010, RBI served over 14 million customers with about 3,000 branch offices. At the end of February 2010, RZB CEO Walter Rothensteiner announced that a possible merger of RZB with Raiffeisen Interna ...
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Lajos Bokros
Lajos András Bokros (born 26 June 1954) is a Hungarian economist, who served as Minister of Finance from 1995 to 1996. He was a Member of the European Parliament for Hungary in the 2009–2014 session. He was the leader of the Movement for a Modern Hungary, which he founded in April 2013, and sat in the European Conservatives and Reformists group in the European Parliament. The Bokros package was named after him. Financial career Bokros was born in Budapest. He graduated from and holds a Ph.D. from the Budapest University of Economics. He successfully applied for the scholarship of University of Panama in 1976, where he learned to speak fluent Spanish. He wrote his dissertation on the industrialization, integration and common market developments in Central America. He was director of the State Property Agency of Hungary between 1990–1991. He was chairman and chief executive officer at the Budapest Bank between 1991–1995. He is a full professor (Department of Public Policy) ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Hungarian Forint
The forint (sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Between 2001 and 2022, inflation was in single digits, and the forint has been declared fully convertible. In May 2022, inflation reached 10.7% amid the war in Ukraine and economic uncertainty. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, although under the current government there is no target date for adopting the euro. History The forint's name comes from the city of Florence, where gold coins called '' fiorino d'oro'' were minted fro ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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