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Péter Medgyessy
Medgyessy in August 2014 (cropped).JPG
Péter Medgyessy in 2014
Prime Minister of Hungary
In office
27 May 2002 – 29 September 2004
President Ferenc Mádl
Preceded by Viktor Orbán
Succeeded by Ferenc Gyurcsány
Member of the National Assembly
In office
15 May 2002 – 15 May 2006
Minister of Finance
In office
1 March 1996 – 8 July 1998
Prime Minister Gyula Horn
Preceded by Lajos Bokros
Succeeded by Zsigmond Járai
In office
30 December 1986 – 16 December 1987
Prime Minister György Lázár
Károly Grósz
Preceded by István Hetényi
Succeeded by Miklós Villányi
Personal details
Born (1942-10-19) 19 October 1942 (age 82)
Budapest, Hungary
Political party MSZMP (until 1989)
Independent (1989–present)
Spouse Katalin Csaplár
Children 3
Profession Economist
Website www.medgyessy.hu

Péter Medgyessy (born 19 October 1942) is a Hungarian politician who used to be the Prime Minister of Hungary. He served as prime minister from 27 May 2002 to 29 September 2004. He resigned in August 2004 because of disagreements with his political partners. He stayed on as acting prime minister for a short time until a new leader was chosen. His successor was Ferenc Gyurcsány.

About Péter Medgyessy

His Family and Education

Péter Medgyessy was born in Budapest, Hungary, on 19 October 1942. His family had a long history in the region of Transylvania. His father, Béla Medgyessy, worked for the government in Cluj. Later, his family moved to Budapest. His mother, Ibolya Szolga, worked as an interpreter.

Medgyessy studied economics at the Corvinus University of Budapest. He finished his studies in 1966 and later earned his doctorate. He is very good at languages. He speaks French and Romanian fluently. He also knows English and Russian.

He is married to Katalin Csaplár. He has a daughter and a son from a previous marriage. His adopted daughter, Anita Tornóczky, is a well-known TV presenter in Hungary.

His Early Political Career

From 1966 to 1982, Medgyessy worked in different important roles at the Ministry of Finance. In 1982, he became the Deputy Minister of Finance. Then, in 1987, he became the Minister of Finance. He helped create a new banking system and reform the country's finances.

Szárszói találkozó 1994 Medgyessy Péter Bacsó Péter
Péter Medgyessy and film director Péter Bacsó in 1994.

Between 1987 and 1990, Medgyessy served as Deputy Prime Minister for Economic Affairs. He helped introduce a new tax system in Hungary. After the end of communism in Hungary in 1989, he left politics for a short time.

From 1990 to 1996, he worked as a leader in several Hungarian banks. In 1996, he returned to politics and became the Minister of Finance again. After this, he worked as a chairman for a bank and an insurance company. He also taught at a business school for 15 years. He received important awards, like the Commander's Cross with a Star of the Order of Merit in 1998. He also received the Chevalier of the Legion of Honour from France in 2000.

Becoming Prime Minister

Szárszói találkozó 2001 Kuncze Gábor Medgyessy Péter
Péter Medgyessy with SZDSZ leader Gábor Kuncze in 2001.

In 2001, the Hungarian Socialist Party (MSZP) chose Péter Medgyessy as their candidate for prime minister. In the 2002 elections, his party won by a small number of votes. On 27 May 2002, the Hungarian Parliament elected Medgyessy as the new Prime Minister of Hungary.

Soon after he became prime minister, a newspaper reported that Medgyessy had worked as a counter-espionage officer before 1989. He admitted this, explaining that he was trying to help Hungary join the International Monetary Fund. This news caused some discussion in the country.

Aleksander Kwasniewski i Peter Medgyessy
Péter Medgyessy with President of Poland Aleksander Kwaśniewski in 2004.

One of his government's main promises was to improve the welfare system. They started a 100-day plan to increase wages for public employees and give extra money to pensioners. These actions helped many people. His popularity was very high at this time.

Under Medgyessy's leadership, Hungary held a referendum on 12 April 2003. This vote was to decide if Hungary should join the European Union. Most political parties, unions, and businesses supported joining the EU. The people voted yes, and Hungary joined the European Union.

MedgyessyBush
Péter Medgyessy with U.S. President George W. Bush in 2004 at the White House.

In 2004, his party lost the European Parliament election. After this, Medgyessy started to lose support from his political allies. He resigned as prime minister in August 2004. Ferenc Gyurcsány then took over as the new prime minister.

Life After Government

After he resigned, Péter Medgyessy continued to work as a Member of Parliament. He also served as a special ambassador for Hungary. His goal was to help Hungary be a successful member of important international groups, including the European Union. He did not run for parliament again in the 2006 election.

In 2014, he gave an interview where he talked about his time as prime minister. He said he regretted not sharing details about his past work as an agent before the 2002 elections.

Awards and Honors

Péter Medgyessy has received many important awards from different countries:

  • In 1998, he received the Commander's Cross with a Star of the Hungarian Order of Merit.
  • In 2000, he received the Chevalier of the Legion of Honour from France.
  • In 2002, he received the Grand Cross of the Belgian Order of the Crown. He also received the Gold and Silver Star of the Japanese Order of the Rising Sun.
  • In 2003, he received the Grand Cross of the Order of the Merit of Chile and the Royal Norwegian Order of St. Olav.
  • In 2004, he became a Grand Officer of the French Legion of Honour. He also received the German Federal Cross of Merit.

Images for kids

See also

Kids robot.svg In Spanish: Péter Medgyessy para niños

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