Ľudovít Ódor

Ľudovít Ódor (born Lajos Ódor;[1] 2 July 1976) is a Slovak economist and politician. He has been Prime Minister of Slovakia since 15 May 2023, heading a technocratic cabinet that is expected to remain in office until the next parliamentary election on 30 September. Until his appointment, he served as Deputy Governor of the National Bank of Slovakia from 2018.[2]

For the Hungarian rower, see Lajos Ódor.

Ľudovít Ódor
Ódor in 2018
Prime Minister of Slovakia
Assumed office
15 May 2023
PresidentZuzana Čaputová
DeputyLívia Vašáková
Preceded byEduard Heger
Deputy governor of the National Bank of Slovakia
In office
20 February 2018 – 15 May 2023
Governor
Preceded byJán Tóth
Personal details
Born
Lajos Ódor

(1976-07-02) 2 July 1976
Komárno, Czechoslovakia
Political partyIndependent
Alma materComenius University (Mgr.)
OccupationEconomist
Websitewww.odor.sk

Early life and education

Ľudovít Ódor was born in Komárno, Czechoslovakia on 2 July 1976.[3] He is a member of the Hungarian minority in Slovakia.[1] He finished his secondary studies at the Hungarian-language Selye János Gymnasium in his birthplace.[4] He attended Comenius University in Bratislava, graduating in 1999 with a magister degree in mathematics and management.[5] In addition to his native Hungarian,[6] he speaks Slovak and English fluently.[3]

Economic career (1999–2023)

After completing his studies at Comenius University, Ódor became an analyst for Československá obchodní banka in April 1999, leaving his position in 2001 to work for the Slovak Rating Agency; after two years, Ódor became the chief economist of the Ministry of Finance of the Slovak Republic. In January 2006, he became a board member of the National Bank of Slovakia and advised then-prime minister Iveta Radičová and then-finance minister Ivan Mikloš from 2010 to 2012. In September 2015, Ódor was appointed vice-chairman of the European Union's Network of Independent Fiscal Institutions, serving until October 2017, when he became a member of the supervisory board of Slovenská sporiteľňa and a member of the Council for Budget Responsibility until February 2018.[7]

In February 2018 Ódor became vice-governor of the National Bank of Slovakia,[8] following a nomination by Most–Híd.[9] He is a co-founder of the Institute for Financial Policy, which he managed from 2003 to 2005,[9] and the Value for Money Department at the Ministry of Finance as well as the independent Council for Budget Responsibility. In addition, Ódor has been a visiting professor at the Central European University since 2016.[7] He is also a member of the study council of the Hungarian College for Advanced Studies in Bratislava (PMSZ).[10]

During his career Ódor co-authored the introduction of a 19% flat tax as part of Mikuláš Dzurinda's 2004 tax reform, which improved Slovakia's image among foreign investors and set the country on course to become a European tiger economy. He also played a role in the reform of the pension system, the adoption of the euro, and the creation of budget rules.[9]

Premiership (2023–present)

On 7 May 2023 caretaker prime minister Eduard Heger—who led a majority in parliament until September 2022 when the libertarian Freedom and Solidarity party quit the ruling coalition—resigned after a series of resignations by ministers who could not be replaced during a caretaker government. Heger asked the president to appoint a technocratic government.[7][8] Ódor and his cabinet, picked by President Zuzana Čaputová, were inaugurated on 15 May.[2]

Domestic policy

According to his website Ódor believes in pragmatism and evidence-based economics.[7]

Personal life

He is married and the father of two children.[11]

Publications
  • Beblavý, Miroslav; Cobham, David; Ódor, L'udovít, eds. (2011). The Euro Area and the Financial Crisis. New York: Cambridge University Press. doi:10.1017/CBO9781139044554. ISBN 978-1-107-01474-9. LCCN 2011027489.
  • Ódor, L'udovít, ed. (2017). Rethinking Fiscal Policy after the Crisis. New York: Cambridge University Press. doi:10.1017/9781316675861. ISBN 978-1-107-16058-3. LCCN 2016050853.

References
  1. Orbán, Tamás (9 May 2023). "Slovak PM Resigns, Technocrats to Take Control". The European Conservative. ISSN 2590-2008. Archived from the original on 10 May 2023. Retrieved 10 May 2023.
  2. Stoklasa, Radovan; Lopatka, Jan (15 May 2023). Donovan, Kirsten (ed.). "Economist Odor picked as Slovakia's caretaker prime minister". Reuters. Bratislava. Retrieved 16 May 2023.
  3. "Viceguvernér Národnej banky Slovenska" (in Slovak). National Bank of Slovakia. 18 September 2019. Retrieved 7 May 2023.
  4. "A Selye János Gimnázium diákjai az elmúlt négy évszázadban" (in Hungarian). sziakomarom.sk. 7 May 2015. Retrieved 8 May 2023.
  5. "Osoby, ktoré získali titul na UK" (in Slovak). Comenius University. Retrieved 7 May 2023.
  6. "Úspešní slovenskí Maďari o svojom živote: Problémy boli, iba keď ich umelo vytvárali politici" (in Slovak). refresher.cz. 22 September 2021. Archived from the original on 10 May 2023. Retrieved 11 May 2023.
  7. "Ľudovít Ódor: Radil Miklošovi i Radičovej, zastupuje Kažimíra, o pár dní bude premiérom". Pravda (in Slovak). 7 May 2023. Retrieved 7 May 2023.
  8. Stoklasa, Radovan; Hovet, Jason (7 May 2023). "Slovakian president picks technocrat government after prime minister quits". Reuters. Retrieved 7 May 2023.
  9. Tvardzík, Jozef (10 May 2023). "Who is Ľudovít Ódor, the new Slovak Prime Minister?". The Slovak Spectator. ISSN 1336-0922. Retrieved 12 May 2023.
  10. Czímer, Gábor (9 May 2023). "Szlovákiának már jövő héten magyar miniszterelnöke lesz" [Slovakia will have a Hungarian prime minister as early as next week]. Szabad Európa (in Hungarian). Retrieved 14 May 2023.
  11. "Ludovit Ódor". Central European University Department of Economics and Business. Retrieved 13 May 2023.
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