Austria: Deputy Govenor Duchatczek Steps Back

Politics ♦ Published: June 25, 2013; 17:48 ♦ (Vindobona)

After 37 years of service Duchatczek resigns from his position as Deputy Govenor of the Austrian National Bank (OeNB).

Austria: Deputy Govenor Duchatczek Steps Back / Picture: © Oesterreichische Nationalbank AG (OeNB)

With immediate effect, Wolfgang Duchaczek has resigned from his position as Deputy Govenor and member of the Governing Board of the Austrian National Bank (OeNB), as announced by his lawyer Herwig Hauser today. Duchatczek justifies this step due to “important reasons” and refers to the leave of absence sanctioned by the General Council.

According to his lawyer, Duchaczek now…