rney assumed the presidency but, by the end of his term, he had become extremely unpopular due to the uncontrollable economic crisis and unusually high inflation. Sarney's unsuccessful government allowed the election in 1989 of the almost unknown Fernando Collor, who was subsequently impeached by the National Congress in 1992. Collor was succeeded by his Vice-President Itamar Franco, who appointed Fernando Henrique Cardoso as Minister of Finance. Cardoso produced a highly successful Plano Real. that granted stability to the Brazilian economy and he was elected as president in 1994 and again in 1998. The peaceful transition of power to Luís Inácio Lula da Silva, who was elected in 2002 and re-elected in 2006, proved that Brazil had finally succeeded in achieving its long-sought political stability. Lula was succeeded in 2011 by the current president, Dilma Rousseff
