What is Péter Medgyessy?
{{Infobox Prime Minister | name=Péter Medgyessy | image=Medgyessy in August 2014 (cropped).JPG | order1=[[Prime Minister of Hungary]]<br><small>5th [[Third Hungarian Republic|Prime Minister of the Third Republic of Hungary]]</small> | term_start1 =27 May 2002 | term_end1 =29 September 2004 | president1 =[[Ferenc Mádl]] | predecessor1 =[[Viktor Orbán]] | successor1 =[[Ferenc Gyurcsány]] | order2=[[Minister of Finance of Hungary|Minister of Finance]] | term_start2 =1 January 1987 | term_end2 =15 December 1987 | president2 = | predecessor2 =[[István Hetényi]] | successor2 =[[Miklós Villányi]] | order3= | term_start3 =1 March 1996 | term_end3 =7 July 1998 | president3 = | predecessor3 =[[Lajos Bokros]] | successor3 =[[Zsigmond Járai]] | birth_date ={{Birth date and age|df=yes|1942|10|19}} | birth_place ={{flagicon|Hungary}} [[Budapest]], [[Kingdom of Hungary (Regency)|Hungary]] | death_date = | death_place = | spouse=[[Katalin Csaplár]] | party=independent ([[MSZMP]] until 1989) | profession = Economist | website = [http://www.medgyessy.hu www.medgyessy.hu] }} '''Péter Medgyessy''' (born 19 October 1942) is a Hungarian economist and politician who served as the Prime Minister of Hungary from 2002 to 2004. He is a member of the Hungarian Socialist Party (MSZP) and was elected to parliament in 1994. Medgyessy was born on October 19, 1942, in Budapest, Hungary. He studied economics at the Budapest University of Economics and later earned a PhD in the same field from the Karl Marx University of Economics in Moscow. Medgyessy worked as an economist for several years before entering politics in the 1990s. He was appointed as the Minister of Finance under Prime Minister [[Gyula Horn]] in 1996 and held the position until 1998. In 2002, Medgyessy was elected as Prime Minister of Hungary after his party won a narrow victory in the parliamentary elections. His government pursued a program of economic and social reforms aimed at reducing Hungary's budget