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  1. After the end of communism in Hungary, Medgyessy briefly retired from politics. From 1990 to 1996, he was CEO and chairman of various Hungarian banks, including Paribas Bank Inc. and Hungarian Investment and Development Bank.

  2. Aug 19, 2023 · Socialist Prime Minister Péter Medgyessy resigned on 19 August 2004, partially due to his engagement in counter-espionage for the communist regime being exposed by the newly independent and free media.

  3. May 26, 2024 · The fall of the Berlin Wall, the revolutions in Eastern Europe, and the eventual dissolution of the Soviet Union itself marked the end of an era and the beginning of a new, post-communist world order. As historians, we seek to understand the complex interplay of factors that led to this momentous change.

  4. Feb 17, 2011 · The dramatic events that followed the change of leadership in 1985, culminating in the dissolution of the Soviet Union at the end of December 1991, had longer-term sources, but these did not...

  5. The Soviet collapse involved two intertwined processes: the transformation of the Communist regime and the disintegration of the highly centralised Union. Regime change came from the top: the Kremlin drove a project of radical liberalisation (perestroika, or restructuring) which by 1990 had transcended the Communist system of rule.

  6. 5 days ago · Collapse of the Soviet Union, sequence of events that led to the dissolution of the U.S.S.R. on December 31, 1991. The reforms implemented by President Mikhail Gorbachev and the backlash against them hastened the demise of the Soviet state. Learn more about one of the key events of the 20th century in this article.

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  8. 5 days ago · Aleksandr Yakovlev, one of the principal architects of Gorbachev’s reform program, quit the CPSU on August 16, 1991, declaring that a “ Stalinist group within the party leadership was preparing a party and state coup.”. In fact, rumours of an imminent coup had been rife throughout the summer.

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