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János Fekete

(Budapest, 4/9/1918 - Budapest, 23/10/2009)

Head - Foreign Currency Department of the Hungarian National Bank (1963-1968)
Vice-president - Hungarian National Bank (1968-1980)
First Vice-president - Hungarian National Bank (1980-1988)
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Short bio

He was the key figure representative of the national bank towards the West, the Eastern banker and businessman who all along remained Communist. He acquired several loans to Hungary to develop the national economy, but publicly never supported a rapprochement with the EEC.

Relations

Péter Várkonyi

As a conservative Communist politician actively supported the censorship in the Public Relations Office. As a minister he intended to avoid any risky action in foreign policy.

József Marjai

Since his vice presidency he was the permanent representative of Hungary in the CMEA, he supervised the talks with the EEC and managed an active economic policy with the Western countries. He did not support to conclude a general trade agreeme...

József Bíró

As a worker origin trade apparatchik he always followed the official political line, as a foreign trade minister he carefuly supported the New Economic Mechanism, but also served after the fall of the reform.

Jenő Fock

He had a crucial role in the launching the economic reform from the mid-sixties. As a Prime Minister he urged and supported the deeper cooperation of the CMEA countries and the economic opening towards the West.

Péter Veress

He, as foreign trade minister, had several meetings with EEC representatives. However, he insisted on concluding an agreement with the EEC solely in accordance with the GATT regulation.

Béla Szalai

Since the late 1960s he urged informal Hungary–EEC bilateral talks and to analyse more intensively the Western integration.

Key Documents

Remarks to the Committee for International Economic Relations on the Foreign Trade Ministry’s proposal
MNL OL XXIX-L-1-e 492. d. | 411/1978, DI 24/PP/Kné

The CMEA was not capable of managing inter-bloc talks, therefore Hungary itself should initiate bilateral negotiations with the Common Market to avoid sizeable losses in trade. - Available here.

Hungary
4 624a5805d3f987ad9631c9b6179f32ac00d9ea3e20a17a888b73b93fd863f937
Overview
  • Archival Sources
Elite Groups
  • Party
  • State Apparatus
  • Central and Investment Banks
  • Foreign Trade Organisations
  • Academia

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