Péter Medgyessy

Péter Medgyessy [ pe ː ː tɛr mɛɟ ɛʃi ] (* October 19, 1942 in Budapest) is a Hungarian politician and served until 29 September 2004 Prime Minister of the country.

As the son of a diplomat, he grew up in the Romanian capital Bucharest. His father, the lawyer Béla Medgyessy came from Cluj, and was employed on this at the Hungarian Embassy in Bucharest. His mother, Ibolya Szolga, was an interpreter. To visit the middle school, he returned to Hungary, where he graduated from the Petőfi School in Budapest. He then attended the Karl Marx University of Economic Sciences (now Corvinus University ) where he received his doctorate in the Department of General Theory. From 1966 he worked as an advisor in the Ministry of Finance of the country. In 1976 he was Deputy Department Head of International Relations, 1980 head of department of economics and financial policy. From 1982 to 1986 he was Deputy Finance Minister. In 1987 he was appointed as Minister of Finance in the Cabinet of the Government of Károly Grósz and accompanied from that date the transition of Hungary in the free market economy. Already in December 1987 Grósz promoted him to deputy prime minister, a post he held in the 1988-1990 government under following Miklós Németh. Between 1987 and 1989 he was a member of the Central Council of the Hungarian Socialist Workers' Party ( MSZMP, Magyar Szocialista Munkáspárt ), the Communist Party of Hungary. When his party lost the election in 1990 and the power had to give to the Hungarian Democratic Forum at József Antall, he went into private business for French bank Paribas. These use the political change to expand to Hungary and other Eastern European countries. In addition Medgyessy was head of the State Hungarian Development Bank ( MFB ). In 1994, the Socialists came again to the government after a cabinet reshuffle and appointed him Prime Minister Gyula Horn again in 1996 as Minister of Finance. After the end of its term in 1998, he returned back into the economy, and now worked for the Inter -Europa Bank and for the Atlasz insurance. In addition, several years long taught at the University of Economics, Budapest.

In 2001, it asked the Hungarian Socialists (MSZP ), he should take as the leading candidate in the parliamentary elections of 2002. After winning election, he was sworn in on 27 May 2002 as the new Prime Minister. He then announced an ambitious hundred -day program, through which the low wages of public employees and the pensions of pensioners increased by 50 %. Simultaneously, a single earner bonus was introduced, as well as increased the scholarships for students. This 190 billion forints heavy program was financed mainly by increased government debt. This was met with opposition, as well as the coalition partner Alliance of Free Democrats ( SZDSZ ) resistance. In addition, it soon became after beginning his tenure out by publications of the newspaper Magyar Nemzet that he had for several years worked for the counterintelligence of State Security of the communist Hungary, the Államvédelmi Hatóság. In his reign and the EU accession of Hungary fell on May 1, 2004. Constant quarrels between the two ruling parties MSZP and SZDSZ, and party infighting, especially with Foreign Minister and party leader László Kovács, ultimately caused by a weak election result at the first Hungarian European elections in June his resignation on 29 September 2004. was succeeded by his party colleague Ferenc Gyurcsány, who had negotiated a renewal of the coalition of socialists and the left-liberal SZDSZ behind Medgyessys skidding.

A few months after his resignation, he was appointed by Gyurcsány on the American model for a traveling ambassador. He he represented as the economic interests of Hungary and endeavored especially foreign investors to attract into the country. In this time were numerous privatizations former Hungarian state-owned enterprises. After the Press been discharged dispute with Gyurcsány however, he was dismissed from this post and Medgyessy returned to private life. He is married to his second wife Katalin Csaplar. From his first marriage produced two biological children, the son and the daughter Ildikó Gergely. His stepdaughter Anita Tornóczky is a presenter for private television broadcaster TV2. He speaks fluent Hungarian Romanian and French and understands English and Russian.