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Gordon Bajnai
György Gordon Bajnai (; born 5 March 1968) is a Hungarian entrepreneur and economist, who served as the Prime Minister of Hungary from 2009 to 2010. Prior to that, he functioned as Government of Hungary, Minister of Local Government and Regional Development from 2007 to 2008, then as Government of Hungary, Minister of National Development and Economy from 2008 to 2009. In March 2009, following Prime Minister Ferenc Gyurcsány's announced resignation, Bajnai was nominated by the ruling Hungarian Socialist Party (MSZP) to become Hungary's next head of government. Bajnai became prime minister when the parliament passed a constructive motion of no-confidence against Ferenc Gyurcsány on 14 April 2009. He held the office until the formation of the Second Orbán Government following the 2010 Hungarian parliamentary election, 2010 parliamentary election. Returning to politics, Bajnai established Together (Hungary), Together 2014, a coalition of left-wing and liberal political movements ...
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Prime Minister Of Hungary
The prime minister of Hungary () is the head of government of Hungary. The prime minister and the government of Hungary, Cabinet are collectively accountability, accountable for their policies and actions to the National Assembly (Hungary), Parliament, to their list of political parties in Hungary, political party and ultimately to the elections in Hungary, electorate. The List of prime ministers of Hungary, current holder of the office is Viktor Orbán, leader of the Fidesz, Fidesz – Hungarian Civic Alliance, who has served since 29 May 2010. According to the Hungarian Constitution, the prime minister is nominated by the president of Hungary and formally elected by the National Assembly. Constitutionally, the president is required to nominate the leader of the political party that wins a majority of seats in the National Assembly as prime minister. If there is no party with a majority, the president holds an audience with the leaders of all parties represented in the assembly ...
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Hungarian Socialist Party
The Hungarian Socialist Party (, ), commonly known by its acronym MSZP (), is a centre-left to left-wing social-democratic and pro-European political party in Hungary. It was founded on 7 October 1989 as a post-communist evolution and one of two legal successors of the Hungarian Socialist Workers' Party (MSZMP). Along with its conservative rival Fidesz, MSZP was one of the two most dominant parties in Hungarian politics until 2010; however, the party lost much of its popular support as a result of the Őszöd speech, the consequent 2006 protests in Hungary, and then the 2008 financial crisis. Following the 2010 election, MSZP became the largest opposition party in parliament, a position it held until 2018, when it was overtaken by the former far and now centre-right Jobbik. History The MSZP evolved from the communist Hungarian Socialist Workers' Party (or MSZMP), which ruled Hungary between 1956 and 1989. By the summer of 1989, the MSZMP was no longer a Marxist–Leninist ...
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National Bank Of Hungary
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, publish ...
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András Simor
András Simor (born 17 May 1954) is a Hungarian economist, who served as governor of the Hungarian National Bank (MNB) from 2007 to 2013. He was replaced by György Matolcsy. Career He holds a degree in International Finances from the Budapest University of Economics. He started his professional career as an executive at the MNB’s Foreign Exchange Management Department in 1976. Between 1979–1985, he worked at Hungarian International Bank Ltd, the MNB’s London-based subsidiary. Returning to Hungary, he was Deputy Head of the Bank’s International Division. In 1989, he was appointed Chairman of the Board and President of the newly founded CA-BB, later Creditanstalt Értékpapír Rt. Under his management, one of Hungary’s first securities brokerage firms became a market leader. In 1997–98, he served as Executive Chairman of CAIB Investmentbank A.G. in Vienna, where he managed the merger of the investment businesses of Creditanstalt and Bank Austria, affecting eight co ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ...
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Master's Degree
A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.
A master's degree normally requires previous study at the bachelor's degree, bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis
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András Schiffer
András Schiffer (born 19 June 1971 in Budapest) is a Hungarian lawyer and former politician, who served as co-president of the Politics Can Be Different and leader of its parliamentary group. Schiffer announced his retirement from politics on 31 May 2016. Early life András Schiffer was born in Budapest on 19 June 1971 to journalist Péter Schiffer (born 1943), a former deputy director of the Hungarian Financial Supervisory Authority (PSZÁF) and jurist Anna Hajnal. Among his uncles are director Pál Schiffer and Socialist politician János Schiffer, who served as Deputy Mayor of Budapest between 1994 and 2006. His grandfather was Pál Schiffer Sr., a Member of Parliament and Hungarian Ambassador to Norway. His great-grandfather was Árpád Szakasits, a leading Social Democrat, then Communist political figure also president of Hungary in (1948–1949) and Chairman of the Presidential Council of the Hungarian People's Republic (1949–1950) during Communist rule. Schiffer rece ...
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Budapest University Of Economic Sciences
Corvinus University of Budapest () is a 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 Economics of the Royal ...
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Béla III High School
Béla III High School (''III. Béla Gimnázium'') was founded in 1757. It is in Baja, Hungary. Overview There are more than 50 teachers. The school has 4-year and 6-year courses between the ages of 12 and 18. There are about 700 students in 22 study groups (classes). All of the school's first course pupils participate in a one-week course related to studying. The school teaches foreign languages; English, German, French, Italian, Russian and Latin. Most of the study groups and classes are specialized in maths, foreign languages, or communication-drama-media studies. Students can participate in clubs and study groups preparing for study contests, language exams and universities. More than 90% of the students successfully get into a university or a college. The institute is in 19th place among more than 400 Hungarian high schools. The school teaches computer science and provides Internet access to all students. They also use multimedia equipment in their teaching process. T ...
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Baja, Hungary
Baja () is a city with county rights in , southern Hungary. It is the second largest city in the county, after the county seat at Kecskemét, and is home to some 35,000 people. Baja is the seat of the Baja municipality. The environs of Baja have been continuously inhabited since the end of the Iron Age, but there is evidence of human presence since Prehistory, prehistoric times. The settlement itself was most likely established in the 14th century. After the Ottoman Empire had conquered Hungary, it grew to prominence more than the other nearby settlements, and was granted town rights in 1696. Today, Baja plays an important role in the life of Northern Bácska as a local commercial centre and the provider of public services such as education and healthcare. It has several roads and a railway connection to other parts of the country, and also offers local Public transport for its residents. Being close to the Danube and the forest of Gemenc, as well as having its own cultural sights ...
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2014 European Parliament Election In Hungary
An election of Members of the European Parliament from Hungary to the European Parliament was held on 25 May 2014. With the Lisbon Treaty coming into force, Hungary held 22 seats in the European Parliament. However, because Croatia joined the EU in 2013, it now holds 21 seats to the Parliament. Electoral system Parties contesting the election Eight Hungarian parties took part in the European elections: * Hungarian Socialist Party, MSZP – Magyar Szocialista Párt (Hungarian Socialist Party) * Civil Movement, SMS – Seres Mária Szövetségei (Alliance of Mária Seres) * Fidesz–Christian Democratic People's Party (Hungary), KDNP – Fidesz-Magyar Polgári Szövetség – Kereszténydemokrata Néppárt (Fidesz–Hungarian Civic Alliance – Christian Democratic People's Party) * HNEM – A Haza Nem Eladó Mozgalom Párt) (The Homeland Not For Sale Movement Party) * Jobbik – Jobbik Magyarországért Mozgalom (Movement for a Better Hungary) * Politics Can Be Different, L ...
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2014 Hungarian Parliamentary Election
Parliamentary elections were held in Hungary on 6 April 2014. This parliamentary election was the 7th since the 1990 first multi-party election. The result was a victory for the Fidesz–KDNP alliance, preserving its two-thirds majority, with Viktor Orbán remaining Prime Minister. It was the first election under the new Constitution of Hungary which came into force on 1 January 2012. The new electoral law also entered into force that day. For the first time since Hungary's transition to democracy, the election had a single round. The voters elected 199 MPs instead of the previous 386 lawmakers. Background In the 2010 parliamentary elections Fidesz-KDNP won a landslide victory, with Viktor Orbán being elected prime minister. As a result of this election, his government was able to alter the National Constitution, as he garnered a two-thirds majority. The government was able to write a constitutional article that favored traditional marriages, as well as one that lowered th ...
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