Mihály Kupa is a Hungarian

Hungary

Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...

 politician, who served as Minister of Finance between 1990 and 1993. He was arrested in 1958 for ten months. He finished his studies at the Karl Marx University of Economic Sciences

Corvinus University of Budapest

The Corvinus University of Budapest is one of the most prestigious Hungarian universities located in Budapest, Hungary. The university offers degrees in multiple disciplines, but it is characterised by its programmes in economics and management. -History:...

 in 1969. After his graduating he worked for the National Statistical Office and other several researching instuitions. He travelled to Angola

Angola

Angola, officially the Republic of Angola , is a country in south-central Africa bordered by Namibia on the south, the Democratic Republic of the Congo on the north, and Zambia on the east; its west coast is on the Atlantic Ocean with Luanda as its capital city...

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

Financial adviser

A financial adviser, is a professional who renders financial services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on life insurance and other insurances such as income protection insurance, critical illness...

. After his return he worked for the Ministry of Finance.

When Ferenc Rabár

Ferenc Rabár

Ferenc Rabár was a Hungarian politician, who served as Minister of Finance in 1990.-References:* *...

 resigned, Kupa was appointed Minister of Finance by Prime Minister

Prime minister

A prime minister is the most senior minister of cabinet in the executive branch of government in a parliamentary system. In many systems, the prime minister selects and may dismiss other members of the cabinet, and allocates posts to members within the government. In most systems, the prime...

 József Antall

József Antall

József Antall was the first democratically-elected Prime Minister of Hungary after the fall of Communism , teacher, librarian, historian and political figure...

. He became member of the National Assembly of Hungary

National Assembly of Hungary

The National Assembly or Diet is the parliament of Hungary. The unicameral body consists of 386 members elected to 4-year terms. Election of members is based on a complex system involving both area and list election; parties must win at least 5% of the popular vote in order to enter list members...

 in 1991. He also worked as a Vice Chairman of the Governing Council of the European Bank for Reconstruction and Development

European Bank for Reconstruction and Development

Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...

 (EBRD) and as Speaker of the International Monetary Fund

International Monetary Fund

The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

's and World Bank

World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

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

Hungarian Democratic Forum

The Hungarian Democratic Forum , abbreviated to MDF, was a centre-right political party in Hungary. It had a liberal conservative and Christian democratic ideology...

 faction in 1993, he served as independent MP until the next election

Hungarian parliamentary election, 1994

The 1994 Hungarian general election was held in two round in May 1994. It saw the return to power of the Hungarian Socialist Party, the former Communist party, under the leadership of Gyula Horn, who became Prime Minister. The Socialist achieved a remarkable revival, winning an overall majority of...

. He did not gain a mandate. He was appointed chairman of the Hungarian Market Association in 1996.

During the 1998 election

Hungarian parliamentary election, 1998

The results of the Hungarian parliamentary election of 1998 are as follows:The election was a significant defeat for the governing Socialist Party and their coalition allies , the Alliance of Free Democrats and a narrow surprise victory for Viktor Orbán's right-wing Fidesz.The successful...

 he won a mandate, so he became the only independent representative in the National Assembly. Kupa founded the Centre Party

Centre Party (Hungary)

The Centre Party is a centrist political party in Hungary.At the last legislative elections, on 9 and 23 April 2006, the party won 0.32% of the popular vote and no seats...

 in 2001. The newcoming party did not hit the 5% threshold contrary and Kupa stepped back in the second round at the 2002 election

Hungarian parliamentary election, 2002

The results of the Hungarian parliamentary election of 2002 are as follows:-External links:* ,...

. He retired from the politics in 2007.