Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died aged 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949. From 1999 he was head of the economic advisory body of the first government of Prime Minister Viktor Orbán. Lamfalussy was made baron by the Belgian king in 1993 and a commander in France’s prestigious Legion of Honour in 1999. The National Bank of Hungary established a prize in his honour in 2013.