György Matolcsy
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György Matolcsy
György Huba Matolcsy (born 18 July 1955, Budapest) is a Hungary, Hungarian politician and economist, current governor of the Hungarian National Bank (MNB). He also served as Minister of Finance (Hungary), Minister of National Economy from 2000 to 2002 during the first cabinet of Viktor Orbán and from 2010 to 2013 in the Second Cabinet of Viktor Orbán, 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 1984 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 Developme ...
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Hungarian National Bank
The Hungarian National Bank ( , MNB) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance provided to Hungary by the Economic and Financial Organization of the League of Nations. The bank calls itself the Magyar Nemzeti Bank in its English communications and occasionally clarifies that name with the expression ''the central bank of Hungary''. The bank doesn't call itself the ''Hungarian National Bank'' in English. 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 Hungarian forint, controlling the money in circulation, setting the Central Bank base rate, publ ...
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Corvinus University Of Budapest
Corvinus University of Budapest () is a private university, private research university in Budapest, Hungary. The university currently has an enrolment of approximately 9,600 students, with a primary focus on business administration, economics, and social sciences, operating in Budapest and Székesfehérvár since 1948. Corvinus University accepts students at six faculties and offer courses leading to degrees at the bachelor, master and doctoral level in specialisations taught in Hungarian, English, French or German. Considered to be one of the most prestigious and selective universities in Hungary, Corvinus alumni include a former prime minister of Hungary, governors of the Hungarian National Bank as well as various members of the Hungarian political and business elite. History In 1846, József Industrial School opened its gates with departments for economics and trade for upper grade students. The immediate forerunner of the Corvinus University of Budapest, the Faculty of Econ ...
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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/Magyars, ethnic groups in Hungary * Hungarian algorithm, a polynomial time algorithm for solving the assignment problem * Hungarian language, a Uralic language spoken in Hungary and all neighbouring countries * Hungarian notation, a naming convention in computer programming * Hungarian cuisine Hungarian or Magyar cuisine (Hungarian language, Hungarian: ''Magyar konyha'') is the cuisine characteristic of the nation of Hungary, and its primary ethnic group, the Hungarians, Magyars. Hungarian cuisine has been described as being the P ..., the cuisine of Hungary and the Hungarians See also * * {{disambiguation Language and nationality disambiguation pages ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1955 Births
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first Nuclear marine propulsion, nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18–January 20, 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 Taiwan from the People's Republic of China. February * February 10 – T ...
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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. I ...
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Raiffeisen Bank International AG
Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Austria. The bank is listed on the Wiener Börse. Its major shareholders are the Raiffeisen Banking Group's eight regional banks (''Raiffeisen-Landesbanken''), which are bound by a shareholders' agreement and together hold a majority of RBI's equity. RBI was established in 2010 as a subsidiary of Raiffeisen Zentralbank (RZB), and absorbed the latter in March 2017 through a reverse takeover. Since then, it has been designated as a Significant Institution under European Banking Supervision, and as a consequence is directly supervised by the European Central Bank. RBI is a member of (Austrian Raiffeisen Association), which amongst other things functions as the interest representation association for all Austrian Raiffeisen cooperatives. RBI ha ...
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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 and 1991. He was chairman and chief executive officer at the Budapest Bank between 1991 and 1995. He is a full professor (Department of Public Po ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. 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 its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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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 Russian invasion of 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' ...
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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 funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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National Assembly Of Hungary
The National Assembly ( ) is the parliament of Hungary. The unicameral body consists of 199 (386 between 1990 and 2014) members elected to four-year terms. Election of members is done using a semi-proportional representation: a mixed-member majoritarian representation with partial scorporo, compensation via transfer votes and mixed single vote; involving single-member districts and one list vote; parties must win at least 5% of the popular vote in order to gain list seats. The Assembly includes 25 standing committees to debate and report on introduced bills and to supervise the activities of the ministers. The Constitutional Court of Hungary has the right to challenge legislation on the grounds of constitutionality. Under Hungarian People's Republic, communist rule, the National Assembly existed as the highest organ of state power, supreme organ of state power as the sole branch of government in Hungary, and per the principle of unified power, all state organs were subservient ...
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