National Bank Of Hungary
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National Bank Of Hungary
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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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a stat ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be ...
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Béla Sulyok
Béla Sulyok (21 November 1904 – 1 March 1977) was a Hungarian economist. He served as Governor of the Hungarian National Bank during the Communist regime from 1 July 1960 to 31 October 1961. Sulyok became an official at the Hungarian General Savings Bank in 1923. He fought in the Second World War. He joined the Soviet Red Army in 1944 and participated in "liberation" of Hungary. He later entered politics and took part in the foundation of Szikra Press, which became the most powerful propaganda tool of the Communist rule. He served as deputy head of the Economics Department of the Hungarian Communist Party (MKP) for a short time beginning in April 1945. Sulyok was one of the main perpetrators of the nationalization of banks in 1948. He functioned as Secretary of State for Finance until 1951. After 1961 he was appointed Deputy Minister of Finance. He had retired in 1968. See also *National Bank of Hungary The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the ...
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Dénes Szántó
Dénes Szántó was a Hungarian economist, who served as Governor of the Hungarian National Bank after the Hungarian Revolution of 1956, from 20 November 1956 to 30 June 1960. See also *National Bank of Hungary 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 St ... External links Heti Világgazdaság - Kik voltak eddig a Magyar Nemzeti Bank elnökei? Governors of the Hungarian National Bank Hungarian economists Year of death missing Year of birth missing {{Hungary-economist-stub ...
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László Háy
László Háy (31 August 1891, in Jászberény – 27 January 1975, in Budapest) was a Hungarian economist, physician and politician, who served as Governor of the Hungarian National Bank during the Communist regime from 17 April to 20 November 1956. He functioned as Minister of External Trade between 1954 and 1956. He was a member of the Hungarian Academy of Sciences (MTA). After the fall of the Hungarian Soviet Republic he emigrated to Austria then Czechoslovakia. After that he lived in Germany and joined to the Communist Party of Germany. After that he worked in the Soviet Union. He returned to Hungary in 1945. Works * ''Az újratermelési ciklus alakulása a második világháború után'' (Budapest, 1959) * ''A hidegháború gazdasági formái'' (Budapest, 1964) * ''A világkapitalizmus válsága'' (Budapest, 1966) * ''A megváltozott világgazdaság'' (Budapest, 1970) See also *National Bank of Hungary The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is ...
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János Vörös (economist)
János Vörös (25 March 1891 – 23 July 1968) was a Hungarian military officer and politician, who served as Minister of Defence in the unofficial Interim National Government which led by Béla Miklós. He fought in the First World War at the Eastern Front and the Italian Campaign. He was appointed as Chief of Army Staff on 19 March 1944, when the Nazis occupied Hungary. Later Vörös joined the Red Army The Workers' and Peasants' Red Army ( Russian: Рабо́че-крестья́нская Кра́сная армия),) often shortened to the Red Army, was the army and air force of the Russian Soviet Federative Socialist Republic and, afte ... which arrived at Hungary's eastern border. He was the signer of the Moscow armistice convention as one of the members of the Interim Government delegation. In 1946 he was retired by them at his own request. During his 58th birthday (1949) he was arrested with the charge of spying by the military investigation service. The ...
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Ferenc Jeszenszky
Ferenc () is a given name of Hungarian origin. It is a cognate of Francis, Francisco, Francesco, François, Frank and Franz. People with the name include: * Ferenc Batthyány, Hungarian magnate and general * Ferenc Berényi, Hungarian artist * Ferenc Csik, Hungarian swimmer * Ferenc Deák (politician), Hungarian statesman, Minister of Justice * Ferenc Erkel, Hungarian composer and conductor * Ferenc Farkas de Boldogfa (1713–1770), Hungarian nobleman * Ferenc Farkas (Jesuit priest), Hungarian Jesuit priest * Ferenc Farkas (Zala county auditor), Hungarian nobleman * Ferenc Farkas, Hungarian composer * Ferenc Fricsay, Hungarian conductor * Ferenc Gyurcsány, Hungarian Prime Minister * Ferenc Karinthy, Hungarian writer and translator * Ferenc Kölcsey, Hungarian poet, literary critic, orator, politician * Ferenc Koncz, Hungarian politician * Ferenc Liszt (1811–1886), Hungarian composer and conductor known as Franz Liszt * Ferenc Mádl, Hungarian legal scholar, politic ...
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Ernő Csejkey
Ernő or Erno is a Finnish and Hungarian masculine given name. Notable people with the name include: * Ernő Balogh (1897-1989), Hungarian pianist, composer, editor, and educator *Ernő Bánk (1883-1962), Hungarian painter and teacher * Ernő Béres (born 1928), Hungarian long-distance runner and Olympic competitor *Ernő Csíki (1875- 194?), Hungarian entomologist *Ernő Dohnányi (1877–1960), Hungarian conductor, composer, and pianist *Ernő Foerk (1868–1934), Hungarian architect * Ernő Garami (1876-1935), Hungarian politician *Ernő Gereben (1907–1988), Hungarian–born Swiss chess master *Ernő Gerő (1898–1980), Hungarian Communist Party politician *Ernő Goldfinger (1902–1987), Hungarian-born British architect and furniture designer * Ernő Gubányi (born 1950), Hungarian handball player and Olympic competitor * Ernő Hetényi (1912–1999), Hungarian tibetologist, scholar and Buddhist * Ernő Jendrassik (1858-1921), Hungarian physician and medical researcher *Ern ...
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Imre Oltványi
Imre Oltványi (20 February 1893 – 13 January 1963) was a Hungarian politician, who served as Minister of Finance in 1945 in the Interim National Government. He studied at the University of Budapest. Between 1920 and 1921 he was the secretary of the National Agriculture Association. He was a founding member of the Smallholders' Party. Towards the end of the Second World War he participated in resistant movements against the Arrow Cross Party government. After the war he was appointed head of the National Bank of Hungary. After his short ministership he served in this position again. Oltványi was member of the National Assembly between 1945 and 1947. He served as ambassador to Switzerland between 1947 and 1948. After that he was the director of the Hungarian National Museum The Hungarian National Museum ( hu, Magyar Nemzeti Múzeum) was founded in 1802 and is the national museum for the history, art, and archaeology of Hungary, including areas not within Hungary's modern ...
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László Temesváry
László () is a Hungarian male given name and surname after the King-Knight Saint Ladislaus I of Hungary (1077–1095). It derives from Ladislav, a variant of Vladislav. Other versions are Lessl or Laszly. The name has a history of being frequently anglicized as Leslie. It is the most common male name among the whole Hungarian male population since 2003.https://nyilvantarto.hu People with this name are listed below by field. Given name Science and mathematics * László Babai (b. 1950), Hungarian-born American mathematician and computer scientist * László Lovász (b. 1948), Hungarian mathematician * László Fejes Tóth (1915–2005), Hungarian mathematician * László Fuchs (b. 1924), Hungarian-American mathematician * László Rátz (1863–1930), influential Hungarian mathematics high school teacher * László Tisza (1907–2009), Professor of Physics Emeritus at the Massachusetts Institute of Technology * László Mérő (b. 1949), Hungarian research psychologist and ...
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Gyula Pósch
Gyula may refer to: * Gyula (title), Hungarian title of the 9th–10th century * Gyula (name), Hungarian male given name, derived from the title ; People * Gyula II, the ''gyula'' who was baptized in Constantinople around 950 * Gyula III, the ''gyula'' who was defeated by King Stephen I around 1003 ; Places * Gyula, Hungary, town in Hungary * Gyulaháza, village in Hungary * Gyulakeszi, village in Hungary * , Hungarian name of Alba Iulia Alba Iulia (; german: Karlsburg or ''Carlsburg'', formerly ''Weißenburg''; hu, Gyulafehérvár; la, Apulum) is a city that serves as the seat of Alba County in the west-central part of Romania. Located on the Mureș River in the historica ...
, Romania {{disambiguation, hn, geo ...
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