Lajos András Bokros (born 26 June 1954) is a Hungarian economist, who served as Minister of Finance from 1995 to 1996. He was a Member of the European Parliament for Hungary in the 2009–2014 session. He was the leader of the Movement for a Modern Hungary, which he founded in April 2013, and sat in the European Conservatives and Reformists group in the European Parliament. The Bokros package was named after him. Financial career Bokros was born in Budapest. He graduated from and holds a Ph.D. from the Budapest University of Economics. He successfully applied for the scholarship of University of Panama in 1976, where he learned to speak fluent Spanish. He wrote his dissertation on the industrialization, integration and common market developments in Central America. He was director of the State Property Agency of Hungary between 1990–1991. He was chairman and chief executive officer at the Budapest Bank between 1991–1995. He is a full professor (Department of Public Policy) and former chief operating officer of the Central European University. Bokros was the Minister of Finance between 1995–1996 in the government of Gyula Horn. He is best known for the so-called "Bokros package"; a string of austerity measures implemented during his term as Finance Minister. He resigned from his position in February 1996. He was replaced by Péter Medgyessy. Between 1997 and 2000, Lajos Bokros was Director for Private Sector and Finance at the World Bank. There, together with Stjn Claessens, Simeon Djankov, and Gerhard Pohl he worked on enterprise restructuring in Georgia, Moldova, and Romania. As director, Lajos Bokros also led the assistance in restructuring the Russian banking sector after the 1997-1998 banking crisis. Political career Supported by the Hungarian Democratic Forum (MDF), Bokros was elected to the European Parliament in the 2009 election and sat in the European Conservatives and Reformists Group. He was a full member of the Committee on Budgets and a substitute member of the Committee on Economic and Monetary Affairs. Bokros' nomination indicated a change of political position from conservative to liberal ideology. As a result, several prominent members left the party, including Péter Olajos, Kálmán Katona and former Prime Minister Péter Boross. With MP András Csáky's quit, the Hungarian Democratic Forum's parliamentary group defunct according to the house rules in March 2009. He was the MDF's candidate for the position of Prime Minister of Hungary on the 2010 Hungarian parliamentary election. Under his