President of the United States, Ronald Reagan. It was unveiled on June 29, 2011, and is located in Liberty Square (Szabadság tér) in the Hungarian capital, not far from the U.S. Embassy and other significant political institutions, such as the Hungarian Parliament building.

Description of the Statue:
The statue is a full-body bronze sculpture that depicts Ronald Reagan walking mid-stride with a slight smile, suggesting a sense of approachability and confidence. He is dressed in a suit, which was his typical attire as President, and the pose captures his dynamic personality and his reputation as a great communicator. The statue is life-sized, encouraging passersby to interact with it, and it is positioned as if Reagan is walking towards the Hungarian Parliament building.

Background and Cultural Significance:
The statue was erected to honor Ronald Reagan’s efforts in helping to end the Cold War and for his role in supporting the fall of communism in Central and Eastern Europe. His policies and the diplomatic pressure exerted by his administration are credited with contributing to the eventual collapse of the Soviet Union and the liberation of the former Eastern Bloc countries, including Hungary.

Ronald Reagan’s efforts to promote freedom and democracy are particularly respected in Hungary, a country that experienced Soviet control and sought independence and democratic governance. The statue symbolizes the gratitude of the Hungarian people towards Reagan for his contribution to their country’s return to democracy.