Mihály Kupa (born 3 April 1941) is a Hungarian politician, who served as

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...

between 1990 and 1993. He was arrested in 1958 for ten months. He finished his studies at the Karl Marx University of Economic Sciences in 1969. After his graduation he worked at the National Statistical Office and several other research institutions. He travelled to

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for a short time in 1984, where he worked as a

financial adviser A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory ...

. After his return he worked at the Ministry of Finance. When Ferenc Rabár resigned, Kupa was appointed Minister of Finance by

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...

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, holdin ...

. He became a member of the

National Assembly of Hungary The National Assembly ( hu, Országgyűlés, lit=Country Assembly) is the parliament of Hungary. The unicameral body consists of 199 (386 between 1990 and 2014) members elected to 4-year terms. Election of members is done using a semi-proport ...

in 1991. He also worked as a Vice Chairman of the Governing Council of the

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially fo ...

(EBRD) and as Speaker of the

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 glo ...

's and

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's General Assembly. Kupa resigned from his ministerial position and also left the

Hungarian Democratic Forum The Hungarian Democratic Forum ( hu, Magyar Demokrata Fórum, MDF) was a centre-right political party in Hungary. It had a Hungarian nationalist, national-conservative, Christian-democratic ideology. The party was represented continuously in the ...

faction in 1993, and served as an independent MP until the next election. He did not gain a mandate. He was appointed chairman of the Hungarian Market Association in 1996. During the 1998 election he won a mandate, so he became the only independent representative in the National Assembly. Kupa founded the Centre Party in 2001. The new party missed the 5% electoral threshold and Kupa stepped back in the second round of the 2002 election. He retired from politics in 2007.

References

BiographyMihály Kupa retired
1941 births Living people Politicians from Budapest Hungarian Democratic Forum politicians Finance ministers of Hungary Corvinus University of Budapest alumni Members of the National Assembly of Hungary (1990–1994) Members of the National Assembly of Hungary (1998–2002) {{Hungary-politician-stub