Mihály Varga was appointed as Minister of National Economy by János Áder, the President of the Republic of Hungary, at the proposal of Prime Minister Viktor Orbán.
During the first Orbán Government, Mihály Varga was Minister of Finance from January 2001 until May 2002. In the current Government, he led negotiations with the European Union and the International Monetary Fund as a Minister without portfolio. György Matolcsy, the previous Minister of National Economy, has been appointed as Governor of the Hungarian National Bank.
Among others, Minister of National Development Lászlóné Németh and Minister of State for Public Administration and Justice Bence Rétvári were present during the ceremony, at which President of the Republic of Hungary János Áder presented the letter of appointment to Mihály Varga.
(Ministry for National Economy)