György Matolcsy
| György Matolcsy | |
|---|---|
 | |
| Governor of the Hungarian National Bank | |
| Incumbent | |
| Assumed office 4 March 2013 | |
| Preceded by | András Simor |
| Minister of National Economy | |
| In office 29 May 2010 – 3 March 2013 | |
| Preceded by | István Varga (National Development and Economy) |
| Succeeded by | Mihály Varga |
| Minister of Economy | |
| In office 1 January 2000 – 27 May 2002 | |
| Preceded by | Attila Chikán |
| Succeeded by | István Csillag |
| Personal details | |
| Born | 18 July 1955 Budapest, Hungary |
| Political party | Fidesz |
| Profession | politician, economist |
György Matolcsy (born 18 July 1955 in 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 the Karl Marx University of Economics of Industry in Budapest, and in 1981 received a PhD in economics at the University of Economics in Budapest. 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 1991-1994, and in 1994 director of the bank. After returning to the country was among others Fidesz's economic expert, member of the National Assembly, and in 2000-2002, minister of economy. In 2003 he joined the Fidesz. On May 29, 2010 he became minister of national economy in the second Orbán cabinet.
He said in October 2011 the return to talks with IMF would be a "clear sign of weakness".[1] He also said in the Parliament on 14 November 2011, just four days before the ministry's announcement, in a response to a Jobbik politician, "the government forming its economic policy against this three-letter institution [IMF]."[1] On 17 November 2011 the Ministry of National Economy said government is starting negotiations on a new type of cooperation with the International Monetary Fund (IMF) in the course of scheduled consultations.[2]
On March 1, 2013, Prime Minister Viktor Orbán announced that he would nominate minister Matolcsy to be the new governor of the Hungarian National Bank (MNB). Orbán said "performance and the facts point towards one man, and that is György Matolcsy”. The Hungarian forint had slid continuously as it increasingly became clear Matolcsy would be the choice, and stood at roughly HUF 295 to the euro at 9:00 a.m., down from less than 290/EUR two weeks ago, in February 2013.[3]
He is the author of publications in the field of economics.
References
- ↑ 1.0 1.1 Gyengeséget jelent - mit mondott a kormány az IMF-ről korábban?, Origo.hu, 17 November 2011; accessed 18 November 2011
- ↑ Hungary in new talks with IMF, signaling humiliating reversal for government, politics.hu, 17 November 2011; accessed 18 November 2011
- ↑ Orbán reverses himself on cabinet reshuffle, appoints controversial Economy Minister Matolcsy head of Central Bank, politics.hu, 1 March 2013; accessed 1 March 2013
External links
- MTI ki kicsoda 2009, Magyar Távirati Iroda Zrt., Budapest 2008, 729. old. ISSN 1787-288X
- Matolcsy's infopage at the Hungarian Parliament's portal
- Biography at the Fidesz party's portal
- Biography from the Origo news portal from 1999
| Political offices | ||
|---|---|---|
| Preceded by Attila Chikán |
Minister of Economy 2000–2002 |
Succeeded by István Csillag |
| Preceded by István Varga |
Minister of National Economy 2010–2013 |
Succeeded by Mihály Varga |
| Preceded by András Simor |
Governor of the Hungarian National Bank 2013– |
Succeeded by Incumbent |
|